AI and chips

Amazon Web Services reportedly to buy $5 billion of Nvidia GB300 racks

Amazon Web Services is said to purchase Nvidia GB300 server racks worth $5 billion, according to a report.

Oct 20, 2026, 2:32 PM ETNVDA-0.6%

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More Tech and AI news

Block AI

Block introduces new voice-only artificial intelligence system

The company revealed a model that processes audio directly without text conversion. It was trained on human dialogue using a single NVIDIA hardware unit.

Yesterday 6:19 PMXYZ-3.2%NVDA-0.6%

AI Spending

Amazon boss warns AI processing costs block wider business use

Andy Jassy notes that running artificial intelligence models costs roughly 10 times more than needed for general software adoption. The retailer plans $220 billion in 2026 spending and has locked in $225 billion in future chip deals.

Yesterday 2:49 PMAMZN-0.9%NVDA-0.6%

AI Spending

Nvidia CEO warns capital shortages could bottleneck AI infrastructure growth

Nvidia CEO Jensen Huang said capital demand outstrips supply for AI infrastructure, though he expects the shortage to resolve. Goldman Sachs estimates AI spending will reach $7.6 trillion from 2026 to 2031.

Yesterday 8:48 AMNVDA-0.6%CRWV-2.5%NBIS-0.3%

Australian Data Centers

Grid limits and local pushback risk billions in Australian server builds

Less than a quarter of dozens of computing facilities in Sydney and Melbourne have secured confirmed electricity. NEXTDC shares plunged 41.7 percent after the firm lowered revenue forecasts due to delayed grid upgrades.

Thu 9:31 PMMSFT+0.7%NVDA-0.6%

Nvidia

Nvidia launches Minerva platform to manage AI data center operations

Nvidia introduced Minerva, an AI operations platform that monitors hardware and predicts failures in large data centers. IREN is already using the tool, while Tesla, IBM and Bitdeer plan to deploy it.

Thu 11:11 AMNVDA-0.6%IREN-2.4%TSLA-0.6%BTDR-4.4%

Quantum Computing

Quantum X Labs claims error reduction gains using Nvidia and IBM tools

Quantum X Labs, where Gix Internet owns a 13 percent stake, reports lowering logical errors by 12.7 percent on one metric and 12.1 percent on another. IBM tests showed measurement bias falling below 6 percent.

Thu 8:22 AMNVDA-0.6%IBM+0.6%

Fast headlines, summarized. Not verified and not advice. Check the full story before you act.