CHRISTOPHER WOOD NVIDIA BET
In 1992, an Ohio teenage waitress inherited $500,000 from a man she reserved at a restaurant. She had one rule for spending her unexpected fortune.
Cara Wood, a waitress from Chagrin Falls, inherited $500,000 from a regular customer named Bill Cruxton. After his passing, she faced legal challenges from Cruxton's family members contesting the will. Despite these difficulties, Wood invested the money wisely and continued her education at Ohio University. With her mother’s guidance, she focused on building a career in financial services rather than spending lavishly.
Luis Ceze, a professor, turned his lab's project into a startup. Nvidia bought it, made him Vice President, and he kept teaching
Nvidia acquired OctoAI, a software startup founded in 2019, reportedly for $165 million. Following the acquisition, OctoAI was dissolved as an independent entity, and its CEO joined Nvidia as VP. Luis Ceze focuses on AI systems software in his role at Nvidia. OctoAI specialized in generative AI platforms, having reportedly raised over $132 million since its inception.
In 1942, Wisconsin furniture worker James Tellen began making concrete figures; over 15 years, he created more than 30 historical, religious and mythical sculptures in his family’s woods
In the year 1942, inspired by the stunning views from his hospital window, James Tellen embarked on a remarkable journey to create a mesmerizing sculpture garden. Over a span of 15 years, he meticulously crafted figures and scenes using concrete and various materials. Tellen, known for his self-critical nature, chose to bury his unsuccessful pieces, hoping that future visitors would discover them.
How rice husks are helping protect American homes from wildfires, rot and costly repairs as builders turn farm waste into wood siding alternatives
Homeowners are considering rice husk panels as a viable alternative to conventional wood siding due to their durability. These building materials are designed to resist moisture, decay, and fire, making them suitable for various climates. Their use is already expanding in regions prone to wildfires and severe weather, showing versatility for other applications. However, initial installation costs may be higher than traditional materials, which could affect widespread adoption.
iPhone Duo resale prices soar on eBay amid strong demand: Can Apple overtake Nvidia as world’s most valuable company?
Apple’s iPhone Duo preorders have sold out quickly, with some eBay listings priced far above retail. As buyers face delivery delays, Apple is closing in on Nvidia in market value, raising questions about whether the iPhone maker could claim the top spot.
Christopher Wood swapped Nvidia for a Greek infrastructure stock. The bet is paying off
Jefferies’ Christopher Wood replaced Nvidia with Greek infrastructure company GEK TERNA in his global long-only equity portfolio in October 2025. Since then, GEK TERNA has gained 65% in US-dollar terms, compared with Nvidia’s 15%. The shift reflects Wood’s preference for infrastructure, fiscal reform and improving economic fundamentals over crowded AI trades.
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US stock market today: Why have Nasdaq, S&P 500 slipped to lowest in months? Reasons behind Meta, Tesla, CoreWeave, Intel stock price fall, check top performing stocks
US Stock Market today: Chipmakers Western Digital, Intel, ADM , Sandisk, and Marvell all posted steep percentage losses amid the broader semiconductor selloff.
Michael and Susan Dell’s $10.9 million Boston penthouse, inspired by movie ‘The Thomas Crown Affair,’ heads to auction after a decade without anyone living in it
Michael and Susan Dell’s luxurious Boston penthouse, purchased for $10.9 million in 2016, is heading to a sealed-bid auction with a minimum reserve price of $6.5 million. Inspired by the 1968 film The Thomas Crown Affair, the couple has never lived in the penthouse, and its kitchen oven reportedly has not been used in a decade.
Nvidia acquired synthetic-data startup Gretel in 2025 for more than its $320 million valuation; who were its founders?
It was founded in 2019 by Alex Watson, John Myers and Ali Golshan. Gretel had raised more than $67 million in venture capital funding before the acquisition. The original idea behind the startup was to make it easier for developers to use data that companies could not freely share due to privacy concerns or compliance rules.
Jensen Huang shares a lesson on networking skills: After multiple failed attempts, Nvidia co-founder's unusual method made TSMC CEO contact him instead
Nvidia co-founder Jensen Huang has revealed how he struggled to contact TSMC founder Morris Chang in the late 1990s when his young company needed a manufacturer for its graphics chips. After repeated phone calls went unanswered, Huang wrote Chang a lengthy letter, eventually receiving an unexpected call that opened the door to a lasting business relationship.
Nvidia boss criticises 'cheap' AI doomsday warnings
At a recent conference in Berlin, Nvidia's CEO Jensen Huang confronted fears surrounding artificial intelligence that could threaten humanity. He deemed such concerns exaggerated for media sensationalism and championed a balanced, optimistic approach to AI. Huang called for global cooperation in tech development, advocating against excessive regulation that could inhibit innovation. Nvidia's commitment to investing nearly $10 billion in Europe's tech landscape aims to fast-track AI advancements further.
Nvidia launches OpenShell Reference Architecture to contain AI agents
Nvidia said this architecture combines computing hardware, software and security tools to keep agents within defined boundaries aiming to address a part of the problem.
Michael Burry bets against these 4 AI stocks, one of which rallied 190% YTD. Will his AI bubble warnings come true?
Michael Burry is betting against Nvidia, Palantir, Tesla and Micron amid concerns over AI valuations, chip depreciation and memory supply cycles. His warnings about a potential AI bubble have intensified as investors weigh surging stock prices against heavy AI spending and future revenue prospects.
Samsung Electro-Mechanics gets $2.8 billion chip investment from Tesla, Nvidia, report says
Tesla will invest 1.1 trillion won and Nvidia 2.6 trillion won to build the production lines in the South Korean city of Sejong to supply the substrates under a long-term contract, the paper reported, citing industry sources.
BlackRock expands AI push with new robotics ETF as investor enthusiasm cools
BlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using intelligent machines across industries such as manufacturing and transportation, adding to a rapidly expanding market of ETFs built around different parts of the AI theme.
Nvidia's Huang hails Europe's AI potential, flanked by robot ducks
In a demonstration of Europe's AI creativity, Huang shared the stage with tiny duck-shaped, AI-trained robots developed by French startup Pollen Robotics in collaboration with Hugging Face, asking them to perform somersaults.
Einride expands Nvidia partnership to deploy AI reasoning model for self-driving trucks
Self-driving truck company Einride said on Wednesday it would broaden its partnership with Nvidia by testing the chipmaker's AI reasoning model, Alpamayo, in its self-driving vehicles, aiming to speed up the expansion of autonomous freight services while lowering development costs
AI startup Simplismart in talks to raise $40-50 million; valuation may triple
Simplismart, an innovative AI infrastructure startup, is in talks to secure between $40 and $50 million in funding, which could potentially boost its valuation from $100-120 million up to $300-400 million. Notable investors like Peak XV Partners and Damac Digital are eyeing stakes in the company, which was established by ex-Oracle and Google engineers.
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders
US-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese technology companies far exceeds planned production, the two sources and a third person familiar with the matter said. They requested anonymity because they are not authorised to speak to the media.
Amazon says its AI chips will work with popular coding language, challenging Nvidia
Amazon has unveiled TorchNeuron, a revolutionary tool that enables PyTorch code to be executed seamlessly on its Trainium AI chips. This innovation claims to minimize the need for extensive code alterations, making integration easier for developers. Over 30 early adopters have attested to remarkable cost efficiencies, prompting industry giants like Nvidia and Google to amp up their own offerings.
Nvidia wins fast-growing AI startup Modal for new central processors
Modal, a cloud-computing startup that rents out computing power to AI developers, said it plans to start using Nvidia's new Vera central processor for the first time for hosting agents, the AI systems that can carry out long-running tasks for human users. Modal until now has run such work only on Intel and AMD chips.
Santander builds AI capabilities using Nvidia AI infrastructure
Banco Santander SA: * NEW AI COLLABORATION MILESTONE WITH NVIDIA * BUILDS AI CAPABILITIES USING NVIDIA AI INFRASTRUCTURE * HAS BEEN PROGRESSIVELY MOVING FROM LARGE GENERAL-PURPOSE
Samsung to use TSMC technology for Nvidia's next-generation memory chips: Report
Nvidia has asked Samsung, SK Hynix and Micron Technology to use TSMC's process for NVHBM base dies, and sixth-generation DRAM technology for its core dies, the newspaper said, citing industry sources.
California bear raids library snacks, including honey on Winnie-the-Pooh’s 100th anniversary; What happened next left everyone in surprise
On October 14, a black bear entered the Mammoth Lakes Library, seeking snacks and honey. The bear's visit coincided with the 100th anniversary of Winnie-the-Pooh, creating a humorous storyline. Security footage showed the bear exploring before leaving without causing damage to the library. Staff used the occasion to remind the public about the importance of respecting wildlife.
One decision that made Jensen Huang worth $185 billion: Nvidia nearly went bankrupt in 1996, then a risky bet helped build its AI dominance
Jensen Huang went from working as a dishwasher at Denny’s to becoming the billionaire CEO of Nvidia. The turning point came in 1993, when he cofounded the company with two engineers to develop chips for better computer graphics. After an early setback nearly bankrupted Nvidia, Huang backed graphics-processing technology that later became essential to artificial intelligence, helping transform the company into a global technology powerhouse.
Orthodontist Jim Woods invested $65,000 in Nvidia in 2000; by 2024, his stake had reached $15 million
In 2000, Jim Woods was working full-time as an orthodontist. That same year, he placed $65,000 into Nvidia, then a relatively young tech company known mostly for PC graphics hardware. Twenty-four years later, that single trade reached a value of $15 million.
Rising borrowing costs signal funding risks for global AI expansion: Jefferies report
As the financial markets grapple with emerging pressures, substantial investments in artificial intelligence infrastructure are evident. Companies like Oracle and CoreWeave are facing heightened credit risk, indicating struggles with borrowing amidst rising financing costs. Investors need to keep a close eye on credit spreads to gauge the viability of AI project funding.
Rising borrowing costs signal funding risks for global AI expansion: Report
Financial markets are facing elevated credit risks, particularly for firms operating in the artificial intelligence infrastructure sector. A recent Jefferies report highlights stringent borrowing conditions, which have raised alarms for future AI investments. Companies such as Oracle and CoreWeave are seeing increased credit spreads, driving up borrowing costs. While funding for AI initiatives remains steady, potential growth slowdowns may pressure companies.
A Student introduced Mark Hatala to Nvidia before the AI boom. His initial $2,000 investment led to a stake worth over $1 million by 2024
A college student introduced Mark Hatala to Nvidia around 2002, prompting an initial investment of about $2,000. More than two decades later, the psychology professor’s Nvidia holdings were worth over $1 million by August 2024, after he bought additional shares and adjusted his position over the years.
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