Latest AI News

Nvidia executives have sold over $1 billion in company stock during a period of significant market growth. CEO Jen-Hsun Huang sold 200,000 shares for approximately $30 million while maintaining over 75 million shares, and EVP Ajay Puri sold 168,195 shares worth $25 million. Most sales were executed through pre-arranged 10b5-1 trading plans, suggesting routine transactions for liquidity or diversification rather than governance concerns. Despite the substantial sales, executives retain significant ownership stakes, demonstrating continued commitment to the AI chip giant.

Meta has recruited four former OpenAI researchers including Trapit Bansal, who worked on the o1 reasoning model, plus three founders of OpenAI's Zurich office. These hires join Meta's superintelligence division, where CEO Mark Zuckerberg has reportedly offered compensation packages up to $100 million to attract top talent. The new team will work under Meta's AI unit alongside industry leaders like former Scale AI CEO Alexandr Wang and ex-GitHub CEO Nat Friedman. This recruitment drive highlights the intensifying competition among tech giants to secure AI expertise as both companies and governments prioritize leadership in artificial intelligence development.

OpenAI has begun renting Google's AI chips to power its products, marking a shift from its exclusive reliance on Nvidia GPUs and Microsoft's infrastructure. This new Google Cloud partnership helps address capacity constraints that had delayed product launches. While still using Microsoft's resources, OpenAI is diversifying its computing infrastructure through additional partnerships with CoreWeave, Oracle, and SoftBank. Though Google isn't providing its most advanced TPUs to OpenAI, this collaboration between competitors highlights the massive computing demands of modern AI development and represents a competitive challenge to Microsoft's exclusive relationship with OpenAI.

Meta Platforms is seeking $29 billion from private equity firms to expand its AI data centers, including $3 billion in equity and the rest in debt. This funding supports Meta's increased 2025 capital expenditure of $64-72 billion for AI infrastructure. By the end of 2025, Meta plans to have 1.3 million Nvidia GPUs and a data center requiring two gigawatts of power. CEO Mark Zuckerberg has declared 2025 a "defining year for AI," with plans to expand Meta AI globally and position Llama 4 as a leading language model. This massive investment reflects the intensifying competition among tech giants in the AI sector.