Nvidia supplies AI chips as AMD partners Nutanix

Key Takeaways

• Nvidia is investing in and supplying its Vera Rubin AI accelerators to Thinking Machines Lab, an AI startup founded by former OpenAI executive Mira Murati, for a multi-year partnership.
• Thinking Machines Lab will receive substantial computing power from Nvidia, equivalent to powering about 750,000 homes, to train its AI models starting early next year.
• Nexthop AI, a startup developing networking hardware and software for AI data centers, raised $500 million in a Series B funding round, reaching a $4.2 billion valuation.
• The $500 million funding for Nexthop AI was led by Lightspeed Venture Partners and included Andreessen Horowitz (a16z), focusing on high-performance Ethernet switches for AI traffic.
• AMD has partnered with Nutanix, making a significant investment to create an open AI infrastructure platform combining Nutanix's software with AMD's AI hardware for enterprise AI workloads.
• Morgan Stanley upgraded CrowdStrike (CRWD) to overweight with a $510 price target, citing strong AI tailwinds and the company's well-positioned platform.
• Arya, a couples wellness startup, secured $21 million in funding for its AI-powered relationship and intimacy advice platform, which uses AI chatbots and human experts.
• Spekit is promoting an AI-driven, workflow-native sales enablement strategy to improve sales execution, moving away from traditional portal-based methods.
• A quarter of hospitality firms are successfully using AI, achieving measurable gains in pricing and operations through optimized rates and automated tasks.
• The freight industry faces challenges in transporting high-value AI and data center shipments due to the fragility of modern tech hardware, requiring enhanced visibility.

Nvidia partners with Mira Murati's Thinking Machines AI lab

Nvidia is investing in and supplying AI chips to Thinking Machines Lab, a startup founded by former OpenAI executive Mira Murati. The deal involves Nvidia's Vera Rubin AI accelerators, providing significant computing power for training AI models. This partnership aims to advance AI development and help Thinking Machines compete in the AI space. The collaboration highlights Nvidia's role in supporting AI startups that rely on its technology.

Nvidia invests in AI startup Thinking Machines, will supply chips

Nvidia is making a major investment in the AI startup Thinking Machines and will provide chips through a multi-year agreement. Thinking Machines focuses on building AI-powered data centers and has developed efficient methods for training AI models. This partnership will help Thinking Machines scale its operations and ensure access to Nvidia's GPUs for large AI model training. The collaboration is a significant step in advancing AI development and bringing new AI products to market.

Nvidia partners with AI startup Thinking Machines Lab

AI startup Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, has formed a multi-year partnership with Nvidia. Thinking Machines will use Nvidia's upcoming Vera Rubin systems starting early next year to train its AI models. The deal provides substantial computing power, enough to power about 750,000 homes. This partnership helps Thinking Machines compete with larger rivals and shows Nvidia's increasing role in financing AI startups.

Nvidia invests in AI startup Thinking Machines Labs

Nvidia will supply 1 gigawatt of AI chips and make a significant investment in Thinking Machines Labs, an artificial intelligence company. This partnership positions Thinking Machines Labs as a key player in the AI industry, potentially challenging established companies like OpenAI. The collaboration is expected to speed up the development of advanced AI technologies by leveraging Nvidia's hardware. The investment underscores the importance of this alliance for both companies in advancing artificial intelligence.

Nexthop AI raises $500 million for AI data centers

Nexthop AI, a startup building networking hardware and software for AI data centers, has raised $500 million, reaching a $4.2 billion valuation. The funding round was led by Lightspeed Venture Partners and included Andreessen Horowitz. Nexthop's technology aims to improve data center connections with less power and lower latency. Founded in 2024 by Anshul Sadana, the company is developing specialized switches to support AI model training and operation.

a16z invests $500 million in Nexthop AI

Venture capital firm a16z is a major investor in Nexthop AI's $500 million Series B funding round. Nexthop is developing high-performance Ethernet switches designed specifically for AI traffic, addressing a key bottleneck in AI development. Founded by former Arista Networks executive Anshul Sadana, Nexthop's hardware and software are co-designed for AI-scale networks. The company aims to be the defining networking company for the AI era.

Spekit promotes AI-driven sales enablement strategy

Spekit is highlighting its AI-driven, workflow-native sales enablement strategy, moving away from traditional portal-based methods. The company is hosting a webinar titled 'The End of Portal-Based Enablement' to discuss this shift. This focus on integrated guidance and analytics aims to improve sales execution and revenue optimization. Spekit's approach is designed to offer a stronger value proposition against older sales enablement tools.

Wall Street sees big upside in two AI software stocks

Despite a bear market in software, Wall Street analysts see significant upside in two AI stocks, [Stock Ticker 1] and [Stock Ticker 2]. Analysts project 42% and 47% potential gains, respectively, believing these stocks are oversold. [Stock Ticker 1] is noted for its AI-powered solutions in [Specific AI Software Area], while [Stock Ticker 2] is recognized for its platform in [Another AI Software Area]. Both companies are expected to benefit from the growing adoption of AI technologies.

Morgan Stanley upgrades CrowdStrike on AI tailwinds

Morgan Stanley has upgraded cybersecurity stock CrowdStrike (CRWD) to overweight, citing its strong position to benefit from AI advancements. The bank also raised its price target to $510 per share. Analyst Meta Marshall believes CrowdStrike's platform is well-positioned for outperformance due to AI tailwinds and growing adoption of its modules. Despite a high valuation, the company's growth potential and defensible market position justify the upgrade.

AI intimacy startup Arya raises $21 million

Arya, a couples wellness startup, has raised $21 million in new funding to develop its AI-powered relationship and intimacy advice platform. Founded in 2022, Arya uses AI chatbots, supported by human experts, to provide accessible advice for couples. The platform embeds into users' text messages and also handles e-commerce for relationship products. This funding will support product expansion, brand building, and customer acquisition.

AI drives measurable gains in hospitality

A report shows that a quarter of hospitality firms are successfully using AI, achieving measurable gains in pricing and operations. These 'AI-scaling' companies are seeing improved revenue management, cost reduction, and customer satisfaction. AI-driven pricing models optimize rates in real-time, while AI streamlines operations by automating tasks. The report highlights that a clear strategy and investment are key to successful AI adoption in the industry.

Freight industry faces challenges with AI shipments

The transportation of high-value AI and data center shipments faces significant risks due to the fragile nature of modern tech hardware. Components are smaller, more valuable, and sensitive to transit shocks, causing damage that may not be visible upon delivery. This fragility requires enhanced shipment visibility beyond traditional tracking methods. The report also details the global memories industry, covering demand, supply, pricing, and trade flows.

Bank stocks poised for buying opportunity with AI

Bank stocks are currently undervalued, presenting a buying opportunity as they are well-positioned to benefit from artificial intelligence. AI can enhance efficiency, improve risk management, and personalize customer experiences in the banking sector. Banks that effectively adopt AI are expected to gain a competitive edge. Despite economic challenges, banks have shown resilience, and AI integration offers significant potential for future profitability.

AMD invests in Nutanix for enterprise AI infrastructure

AMD and Nutanix have partnered to create an open AI infrastructure platform, with AMD making a significant investment in Nutanix. This collaboration combines Nutanix's software with AMD's AI hardware to target enterprise AI workloads. The partnership aims to position Nutanix as a key foundation for enterprise AI, competing with other major players. The investment provides Nutanix with capital and a dedicated hardware partner focused on AI.

Sources

• Nvidia to Invest in Thinking Machines Lab and Supply AI Chips
• Nvidia to invest in AI startup Thinking Machines, supply chips as part of multi-year deal
• AI startup Thinking Machines clinches capital and a major chip supply deal from Nvidia
• Nvidia to provide 1 gigawatt of AI chips, make 'significant investment' in OpenAI rival Thinking Machines Labs
• Lightspeed, Andreessen Back $4.2 Billion AI Data Center Supplier
• Investing in Nexthop AI
• Spekit Highlights AI-Driven, Workflow-Native Sales Enablement Strategy
• Software Bear Market: 2 AI Stocks With 42% and 47% Upside to Buy Now, According to Wall Street
• This cybersecurity stock is positioned to capitalize on AI tailwinds, says Morgan Stanley
• Read pitch deck AI intimacy startup Arya used to raise $21 million
• AI-driven pricing, operations deliver measurable gains
• The Fragile Future of Freight: Protecting High-Value AI and Data Center Shipments
• Bank Stocks Have Gotten Hit Hard. It’s Time to Think About Buying.
• AMD Investment Positions Nutanix To Pursue Larger Enterprise AI Infrastructure Deals