ComputerWorld AI·
The ongoing shift from generative AI (genAI) to agentic AI provides an opportunity for enterprises to move to more nimble and less expensive forms of computing, according to analysts. Early AI models were largely built on expensive GPUs from Nvidia and AMD that offered raw processing power. But newer agentic AI tools, rooted in business process and workflow management, can run on more efficient, cost-effective hardware. As a result, IT decision-makers who still think they require GPUs for anything AI-related need to reconsider their hardware options in terms of both cost and capabilities, analysts said. “A better way of thinking about this is the cost of AI compute and now agentic AI platform services or systems,” said Leonard Lee, principal analyst at Next Curve. “’AI computing’ or ‘accelerated computing’ has clearly transcended the GPU as an inference accelerator.” The new hardware options include CPUs and specialized AI chips, also known as ASICs in semiconductor parlance. Although
Read full articleAlphabet's strategic AI advancements and custom chip development could reshape tech industry dynamics, challenging Nvidia's market position. The post Alphabet poised to overtake Nvidia as world’s most valuable company appeared first on Crypto Briefing.
Bitcoin trades near $80.9K as analysts watch $79K support, $88K resistance, and aSOPR profit-taking signals.
XRP trades near $1.42 as analysts debate a $0.93 macro bottom thesis and a fresh TD Sequential buy signal.
The post Nvidia Crosses $40 Billion in AI Investments, Expanding Equity Bets Across Supply Chain appeared on BitcoinEthereumNews.com. TLDR: Nvidia has crossed $40 billion in investment commitments in 2026, targeting firms across the AI supply chain. A $30 billion bet on OpenAI stands as Nvidia’s single largest investment, deepening a decade-long partnership. Deals with Corning and IREN tie optical manufacturing and data center capacity directly to Nvidia’s hardware ecosystem. Analysts warn that neocloud investments may be pre-funding GPU purchases, raising questions about organic AI demand. Nvidia has surpassed $40 billion in investment commitments in 2026, backing companies across the AI infrastructure stack. The chipmaker recently agreed to invest up to $3.2 billion in glass maker Corning and $2.1 billion in data center operator IREN. These deals reflect a broader strategy of financing the AI supply chain while securing commercial partnerships. Analysts see both promise and risk in N
The post Penguin Solutions (PENG) Stock Rockets 13% on AMD Deal and Upgraded Revenue Forecast appeared on BitcoinEthereumNews.com. Key Highlights Penguin Solutions (PENG) experienced a ~13.47% spike following the unveiling of a collaborative venture with AMD and Shell targeting AI data center optimization. Management elevated fiscal 2026 revenue growth projections from 6% to 12%, propelled by robust memory division performance. Second quarter FY2026 revenues reached $343M, marginally exceeding analyst expectations of $340.2M. Technical indicators including a “golden cross” pattern combined with elevated trading volumes amplified the upward momentum. Senior Vice President Clark Joseph Gates divested $173,750 in shares on May 5 through a predetermined 10b5-1 trading arrangement. Shares of Penguin Solutions (PENG) climbed 13.47% on May 10, closing at $44.23, following the disclosure of a tripartite collaboration with AMD and Shell designed to enhance AI-powered data center capabilities. A
The post Nebius (NBIS) Stock Surges Near 52-Week Peak Following Major Tech Partnerships and $643M Acquisition appeared on BitcoinEthereumNews.com. Key Takeaways Nebius Group has finalized a $643 million deal to acquire Eigen AI, integrating advanced inference and optimization capabilities into its technology stack. A $2 billion equity commitment from Nvidia supports Nebius’s strategic transformation into a Platform as a Service provider. The company has locked in multi-billion dollar, extended-term agreements with Meta and Microsoft for AI infrastructure services. Institutional investors have increased their holdings to 21.9%, with Mitsubishi UFJ Asset Management expanding its position by 230.6%. NBIS shares opened Friday at $177.08, approaching the 52-week peak of $197.89, while analyst consensus shows a “Moderate Buy” rating with a $154.75 average price target. Nebius Group is executing an ambitious strategy to climb higher in the artificial intelligence technology stack. The company
The post Penguin Solutions (PENG) Stock Rockets 13% on AMD Partnership and Upgraded Revenue Forecast appeared on BitcoinEthereumNews.com. Key Highlights Shares of Penguin Solutions (PENG) climbed approximately 13.47% following news of a strategic collaboration with AMD and Shell targeting AI data center optimization. Management doubled its fiscal year 2026 revenue growth projection from 6% to 12%, citing robust memory segment performance. Second quarter FY2026 revenues reached $343M, marginally exceeding analyst expectations of $340.2M. Technical indicators showed a bullish “golden cross” pattern while trading volumes spiked significantly. Senior Vice President Clark Joseph Gates offloaded $173,750 in shares on May 5 through a predetermined trading arrangement. Shares of Penguin Solutions (PENG) advanced 13.47% on May 10, closing at $44.23, after the technology firm unveiled a collaborative venture with AMD and Shell designed to enhance AI-powered data center efficiency. After-hours ac
The post ServiceNow (NOW) Stock Draws Institutional Support Amid $30B Revenue Vision appeared on BitcoinEthereumNews.com. Key Highlights Cantor Fitzgerald maintained its Overweight stance on NOW with a $122 price objective following the company’s analyst day and Knowledge conference in Las Vegas The enterprise software firm unveiled ambitious plans to exceed $30 billion in subscription revenue by the end of the decade, powered by agentic AI capabilities Leading institutional investors such as Vanguard and Jennison Associates substantially expanded their NOW positions during the fourth quarter Shares currently hover near $91, representing a significant retreat from the 12-month peak of $211.48, while analyst consensus targets $144.71 Wall Street maintains a Moderate Buy outlook despite widespread price target reductions following recent market pressure ServiceNow (NOW) stock continues trading around the $91 level, marking a substantial pullback from its 12-month peak of $211.48, yet ins
