Nvidia Joins Wall Street Giants in $500 Billion AI Funding Push

NEW YORK, United States — Nvidia is joining forces with six major financial institutions to create financing platforms designed to mobilise more than $500 billion in third-party capital for artificial intelligence infrastructure, as demand for computing capacity continues to drive a massive expansion of data centres worldwide.

SpaceX Revenue Nearly Doubles in First Earnings Report Since IPO as Starlink and AI Drive Strong Growth

SpaceX reported a sharp increase in revenue in its first quarterly earnings release since becoming a publicly traded company, with rapid expansion in its Starlink satellite internet business and artificial intelligence operations helping lift overall performance. The company said revenue for the April–June quarter reached $7.8 billion, compared with $4.1 billion during the same period last year, surpassing Wall Street expectations and offering investors an early look at the business following its record-breaking public listing.