openai, nvidia and amd Updates

The artificial intelligence sector is experiencing significant investment and development across multiple fronts. SoftBank is planning to raise between $1.5 billion and $2 billion through bond sales to fuel its AI ambitions, including a $30 billion stake in OpenAI and a broader $500 billion 'Stargate' initiative. In hardware, Elon Musk's xAI is reportedly ordering $20 billion worth of Nvidia GPUs for its data center, underscoring Nvidia's dominant role in AI infrastructure, despite competition from Broadcom and AMD. OpenAI itself has launched its ChatGPT Atlas browser, aiming to challenge Google Chrome, though in a recent AI trading competition, DeepSeek outperformed GPT-5. Meanwhile, Meta Platforms is cutting around 600 AI jobs from its research divisions, though it continues to invest in its superintelligence lab. On the policy front, Anthropic is reportedly at odds with the White House over AI regulation, with criticism from venture capitalists like David Sacks. UnitedHealth Group is leveraging AI and automation through its Optum unit to improve efficiency amidst regulatory scrutiny. In the real estate tech space, reAlpha's stock jumped over 50% on its AI strategy, while SoundHound AI saw insider stock sales despite reporting significant revenue, indicating a focus on reinvestment in AI technology. Tesla continues to highlight its AI advancements, including robotaxis and the Optimus robot, as key to its future growth. Separately, a $458 million tax financing plan is being considered for a large AI data center in Port Washington, raising discussions about economic benefits versus environmental and surveillance concerns. In broader market news, gold prices have fallen sharply, while Bitcoin has approached $107,000.

Key Takeaways

• SoftBank plans to raise $1.5-$2 billion in bonds to fund its AI investments, including a $30 billion stake in OpenAI and a $500 billion 'Stargate' project.
• Elon Musk's xAI is ordering $20 billion in Nvidia GPUs for its data center, highlighting Nvidia's strong position in AI hardware.
• OpenAI launched its ChatGPT Atlas browser, entering the market alongside Google Chrome.
• In AI trading, DeepSeek led an Alpha Arena competition, while GPT-5 lost funds.
• Meta Platforms is cutting approximately 600 AI jobs from its research units.
• Anthropic is reportedly in disagreement with the White House over AI regulatory policy.
• UnitedHealth Group is using AI through its Optum unit to enhance operational efficiency.
• reAlpha's stock surged over 50% based on its AI real estate technology strategy.
• SoundHound AI experienced significant insider stock sales, with executives selling millions in shares, despite reporting $85 million in revenue and a focus on AI reinvestment.
• Tesla is emphasizing its AI initiatives, including robotaxis and the Optimus robot, as central to its growth strategy.

SoftBank plans $2 billion bond sale for AI investments

SoftBank is looking to raise between $1.5 billion and $2 billion through dollar-denominated bonds and about 500 million euros in euro-denominated notes. This fundraising effort supports the company's significant investments in artificial intelligence, including a planned $30 billion stake in OpenAI by year-end. SoftBank has already raised at least $24 billion in loans and bonds in 2025, marking one of its largest funding pushes ever. The company continues its aggressive strategy under founder Masayoshi Son, who has pledged up to $500 billion for an AI project named 'Stargate'.

SoftBank seeks $2 billion in bonds for AI push

SoftBank Group is planning to sell $1.5 billion to $2 billion in dollar bonds and about 500 million euros in euro bonds to fund its growing artificial intelligence investments. This marks the company's second overseas bond sale this year, driven by its significant bet on AI, particularly its investment in OpenAI. SoftBank has already secured at least $24 billion in loans and bonds in 2025. Founder Masayoshi Son has committed up to $500 billion for an AI initiative called 'Stargate' and plans to invest $30 billion in OpenAI by the end of the year.

reAlpha stock jumps 50% on AI and real estate strategy

reAlpha Tech Corp. stock surged over 50% due to positive investor sentiment driven by recent AI advancements. The company is integrating its subsidiary Naamche to enhance U.S. home buying with AI tools, aligning with its 'One reAlpha' vision. reAlpha is also expanding its mortgage division into Nevada and is focused on meeting Nasdaq's value requirements. Despite a net loss of over $4 million on $1.25 million in revenue, investors are optimistic about its AI real estate tech strategy and future profitability.

SoundHound AI insiders sell $8 million in stock

SoundHound AI Inc. stock fell 8.5% amid market uncertainty and significant insider selling. The company's financial chief, Nitesh Sharan, sold $2.1 million in shares, CEO Keyvan Mohajer sold $2.2 million, CTO Timothy Stonehocker sold $1.41 million, major insider Majid Emami sold $1.32 million, and COO Michael Zagorsek sold $1.1 million. Despite reporting $85 million in revenue, the company incurred losses exceeding $74 million, indicating a focus on reinvestment in AI technology. SoundHound AI maintains a strong current ratio of 4.8, showing robust liquidity.

Gold plunges, Bitcoin nears $107k, AI browsers launch

Global markets saw major shifts as gold prices dropped over 6%, the largest fall in 12 years, while Bitcoin tested the $107,000 resistance level. OpenAI launched its AI-powered ChatGPT Atlas browser, challenging Google Chrome. In a large-scale AI trading competition called Alpha Arena, DeepSeek led while GPT-5 lost significant funds. Bitcoin and Ethereum ETFs experienced positive inflows of $477 million and $142 million respectively. The Federal Reserve is expected to cut rates by 25 basis points next week, though market uncertainty remains.

UnitedHealth focuses on AI efficiency amid regulatory pressures

UnitedHealth Group (UNH) is preparing for its October 28 earnings report, reaffirming its 2025 guidance and highlighting AI-driven efficiency gains through its Optum unit. The company is using artificial intelligence and automation to streamline operations and reduce costs, particularly within Optum. Investors are watching for updates on ongoing regulatory and Department of Justice scrutiny, as well as pressures on Medicaid margins due to rising healthcare utilization. UnitedHealth's ability to demonstrate sustained growth and leverage technology like AI will be key to its investment narrative.

Anthropic clashes with White House on AI policy

Artificial intelligence startup Anthropic is reportedly at odds with the White House over AI regulatory policy, with CEO Dario Amodei stating the company aligns with the administration on key areas. Venture capitalist David Sacks criticized Anthropic's approach as 'fear mongering' and positioning itself against the Trump administration's AI policy. Meanwhile, Netflix shares dropped after missing earnings estimates, and activist investor Jana Partners, along with Travis Kelce, took a stake in Six Flags. Warner Bros. Discovery is also reviewing its options after receiving unsolicited interest.

Elon Musk's xAI orders $20 billion in Nvidia GPUs

Elon Musk's AI company xAI is reportedly placing a $20 billion order for Nvidia graphics processing units (GPUs) to power its Memphis Colossus 2 data center. This significant deal reinforces Nvidia's leading position in supplying hardware for AI model development. Despite recent deals announced by competitors like Broadcom and AMD with OpenAI, Nvidia's position remains strong. The company anticipates substantial growth in AI spending, projecting revenue increases of over 40% in the coming years, suggesting its stock may be undervalued.

Massachusetts home sales rise 3%; Meta cuts 600 AI jobs

Home sales in Massachusetts have increased by approximately 3% through the first three quarters of 2025 compared to the previous year, with median sale prices also rising by 3%. Analysts predict a slower market as fall progresses, influenced by recent mortgage rate cuts and increasing inventory. In a separate development, Meta Platforms is cutting about 600 artificial intelligence jobs across its Fundamental AI Research (FAIR) unit and other AI divisions. However, the company continues to hire for its superintelligence lab and its TBD Lab unit remains unaffected.

Port Washington council reviews $458 million TIF for AI data center

The City of Port Washington's Common Council is considering a $458 million tax incremental financing (TIF) plan for an $8 billion artificial intelligence data center campus project. The TIF would reimburse the developer, Vantage, for infrastructure costs, with the city recouping funds through future property taxes over an estimated 18 to 20 years. While supporters highlight job creation and economic benefits, opponents raise concerns about the project's massive energy needs, environmental impact, and the advancement of AI surveillance. The project is expected to significantly increase Port Washington's valuation.

Tesla highlights AI, robotaxis, and Optimus robot on earnings call

Tesla reported record quarterly revenue but saw its stock trade lower due to a year-over-year drop in margins. During the earnings call, Elon Musk emphasized Tesla's leadership in artificial intelligence, the scaling of its robotaxi service, and the potential of the Optimus robot, even suggesting it could function as a surgeon. These AI-focused initiatives are seen as central to Tesla's long-term growth strategy. While some analysts express confidence in Musk's vision, others point to margin declines and high valuation as risks.

Sources

• SoftBank Seeks to Sell About $2 Billion of Bonds Amid AI Push
• SoftBank seeks to sell about $2 billion of bonds amid AI push
• reAlpha Surge: AI and Real Estate Sizzle
• SoundHound AI Stock Sees Unusual Activity
• Trading time: Gold prices plummeted, AI models exited trading, Bitcoin tested the $107,000 barrier, and Ethereum may retest the $4,000 resistance.
• Did UnitedHealth's (UNH) AI-Powered Push and 2025 Outlook Just Shift Its Investment Narrative?
• Netflix earnings, Anthropic's 'woke' problem, Travis Kelce's Six Flags stake and more in Morning Squawk
• Elon Musk Just Gave Nvidia Investors 20 Billion Reasons to Cheer
• Ticker: Massachusetts home sales up 3%; Meta cuts 600 AI jobs
• Port Washington considers $458 million TIF for $8 billion AI data center project
• Tesla talks AI upside, robotaxi progress, and Optimus 3 as a surgeon during its earnings call