This whole Nvidia drama is just getting started: the alleged spy, and the chips that made it to China because of the connections and deals the affair brought in. It seems even the US president knew about it and nothing was done. Was sensitive government and high-tech information compromised through this love relationship? Is this the only one going on right now, or just the only one we know about? Does it matter? Is Nvidia really going to suffer, or are we just going to talk about it for two days and then completely forget about it? In the meantime, Microsoft has become the 2nd largest company in the world, taking advantage of Nvidia’s fall, and Anthropic is getting ready for an IPO that has investors and underwriters salivating. Let’s chat about it. Looking forward to your comments. And Follow us on X as well. In today’s issue:
📰 AI News and Trends
Nvidia’s CEO, a Suspected Spy, and the Hole in the Chip Wall
Nvidia’s board opened an independent probe. It says it has no reason to believe national security or Nvidia secrets were compromised. Huang stays on as CEO during the review. Megaspeed’s Malaysian sister company bought at least $4.8 billion of equipment containing Nvidia chips between June 2024 and February 2026. The Commerce Department’s probe of Megaspeed now sits with the Justice Department. The leak is bigger than one person. Reuters reports that a blacklisted, PLA-linked university, Northwestern Polytechnical, bought two H200 chips last month for $123,000. It also rented more H200 access through five contracts with Chinese companies. Export rules cover the sale, but not the resale or the rental. Nvidia’s stock fell 4.3% Monday and more than 6% Tuesday. Microsoft passed it in market cap for the first time since June 2025 on wednesday. Nvidia earnings reports are due on Nov 17 and a House briefing on Nov 18 has been requested but not confirmed. Huang has about 60 executives that report directly to him, but and no obvious successor. Yet all the Allegations are unproven. This soup opera like story is baely starting and more developments will be revealed in days to come 🧰 AI Tools of The DayAlsona - It watches for buying signals (hiring, funding, podcasts, news), scores accounts against your ideal customer profile, and drafts LinkedIn and email outreach that references those signals. It integrates natively with HighLevel, HubSpot, Clay and Zapier, and agencies can white-label it. Start the 7-day trial, define one ideal customer profile, and push signal-qualified leads into a HighLevel pipeline. Measure replies against your cold list. Anthropic “ANT” Goes Public
Anthropic has launched its IPO roadshow. The deal is that Anthropic is offering 825 million Class A shares at an expected $70 to $78 each. Anthropic sells 801 million of them and existing stockholders sell about 23.6 million. By our math, that puts the base deal at roughly $58B to $64B before fees. Underwriters also hold a 30-day option on up to 123.75 million more shares. Anthropic applied to list on the Nasdaq Global Select Market under the ticker “ANT,” with Goldman Sachs and Morgan Stanley as underwriters. The registration statement is filed but not yet effective, so no one can buy shares yet. As of now, the announcement doesn’t give financials, a valuation or a pricing date. That detail will come in the prospectus. The signal
🐈⬛ GitHub repos of the week
🚀 Showcase Your Innovation in the Premier Tech and AI Newsletter (link) As a vanguard in the realm of technology and artificial intelligence, we pride ourselves in delivering cutting-edge insights, AI tools, and in-depth coverage of emerging technologies to over 55,000+ tech CEOs, managers, programmers, entrepreneurs, and enthusiasts. Our readers represent the brightest minds from industry giants such as Tesla, OpenAI, Samsung, IBM, NVIDIA, and countless others. Explore sponsorship possibilities and elevate your brand's presence in the world of tech and AI. Learn more about partnering with us. You’re a free subscriber to Yaro’s Newsletter. For the full experience, become a paying subscriber. Disclaimer: We do not give financial advice. Everything we share is the result of our research and our opinions. Please do your own research and make conscious decisions.
|
