Taiwan charges nine people for smuggling ‘high-end’ AI servers to China

OpenAI's Jalapeño chip, developed with Broadcom, outperformed Nvidia's Blackwell in some inference tests, according to OpenAI and SemiAnalysis. Dick's Sporting Goods fell after missing Q2 estimates and issuing a cautious outlook. Disney is offering early retirement packages to senior executives to cut costs. AMD rose after a Raymond James upgrade. Druckenmiller criticized Treasury's bond buyback plans, noting AI's role in his op-ed.

Nvidia announced that SpaceXAI's Vera CPU will power Grok's AI infrastructure, with a space-optimized Vera Rubin NVL72 system planned for orbital launch in Q4 2027. The Vera CPU is designed to address CPU-bound orchestration bottlenecks in agentic AI systems, aiming to improve performance. SpaceXAI's Mike Nicolls highlighted the CPU's role in enhancing AI agent performance and efficiency. The announcement underscores the architectural continuity between terrestrial and orbital AI systems, with i

Nvidia's CEO, Jensen Huang, stated that a $30B investment in OpenAI might be the last, as OpenAI plans to go public. Nvidia later committed to backing up to $105B of OpenAI's data center leases. The guarantees are contingent on OpenAI's insolvency or lease defaults, with reimbursement agreements in place. Nvidia's Q1 revenue was $81.6B, up 85% YoY, with Q2 guidance at $91B.

Nvidia (NVDA) launched the Jetson Orin Nano 2, a robotics computer for edge AI applications. The platform offers improved performance and lower power consumption, targeting robots, drones, and computer-vision systems. It supports Nvidia's software ecosystem and models from Google and Alibaba. The product is expected to reach customers in early 2027, expanding Nvidia's AI hardware strategy beyond data centers.

Taiwan indicted 9 individuals, including an Nvidia manager and Supermicro sales managers, for allegedly exporting 130 Nvidia B300 servers to China. The scheme involved falsifying end-user documentation and bypassing compliance checks. Prosecutors claim $21.2 million in illicit proceeds. Nvidia and Supermicro stated they are cooperating with authorities.

Nvidia is in talks to invest in AI startup Perplexity, valuing it at over $30 billion. Perplexity's revenue grew to $750 million annually, up from $250 million. The company plans to go public in 2028. Nvidia has invested in AI infrastructure companies, including a $1 billion project with Naver.