AI News on October 29th

AI News 2025/10/29 11:00:10

1. NVIDIA Announces Major 6G and Quantum Computing Breakthroughs

#NVIDIA #6G #QuantumComputing #AI

NVIDIA unveiled multiple strategic moves including partnering with T-Mobile US and Nokia to integrate AI-RAN technology into 6G research. The company also plans to announce AI deals with Samsung and Hyundai, and introduced NVQLink to connect AI supercomputers with quantum systems. CEO Jensen Huang dismissed AI bubble concerns, predicting new chips will generate $500 billion revenue in coming quarters.

2. US Signs $80 Billion Nuclear Energy Deal to Power AI Growth

#US #NuclearEnergy #AIInfrastructure

The US government signed an $80 billion agreement with Westinghouse Electric to build large nuclear reactors, addressing AI's massive electricity demands. The strategic partnership involves Brookfield Asset Management and Cameco Corp, aiming to create tens of thousands of jobs nationwide while supporting Trump's AI development vision and nuclear industry expansion.

3. NVIDIA Invests $1 Billion in Nokia for AI and 6G Collaboration

#NVIDIA #Nokia #6G #Investment

NVIDIA will invest $1 billion in Nokia, causing Nokia's stock to surge 22%. The partnership includes developing next-generation 6G communication technology and adapting Nokia's 5G/6G software to run on NVIDIA chips. NVIDIA will also consider integrating Nokia's technology into its future AI infrastructure plans.

4. US and Korea Sign AI and Quantum Technology Agreement

#USKorea #TechCooperation #Quantum

The US and Korea signed an agreement to strengthen cooperation in artificial intelligence, quantum computing, and 6G technologies. The pact includes enhancing AI export controls, reducing regulatory burdens for tech companies, improving biotechnology and pharmaceutical supply chains, and promoting cooperation in space and 6G communication technologies.

5. OpenAI Completes Major Corporate Restructuring

#OpenAI #Restructuring #Microsoft

OpenAI finalized its corporate restructuring, establishing a "non-profit holding for-profit business" structure. The non-profit entity renamed "OpenAI Foundation" holds approximately $130 billion in equity in the for-profit subsidiary. Microsoft, having invested over $13 billion in OpenAI, now holds about 27% stake valued at $135 billion in the public benefit corporation.

6. US Tech Giants Continue Mass Layoffs to Fund AI Investments

#TechLayoffs #AIInvestment #Restructuring

Major US tech companies are cutting thousands of jobs to reallocate resources toward AI development. Amazon plans to cut 14,000 employees to advance AI business, while Meta's "Super Intelligence Lab" recently cut 600 positions. Microsoft has cut 15,000 jobs this year while investing $80 billion in AI infrastructure.

7. NVIDIA and Oracle to Build AI Supercomputers for US Energy Department

#NVIDIA #Oracle #Supercomputing #DOE

NVIDIA and Oracle will manufacture AI supercomputers for the US Department of Energy, with the DOE announcing collaboration with NVIDIA to build seven new AI supercomputers. This partnership strengthens national AI capabilities while supporting scientific research and security applications.

8. Apple Reaches $4 Trillion Market Cap as Tech Stocks Soar

#Apple #MarketCap #TechStocks

Apple became the third US company to reach $4 trillion market capitalization (approximately ¥28.4 trillion) as tech stocks hit record highs. NVIDIA's stock surged 4.98%, adding $231.8 billion in market value, while Microsoft regained its $4 trillion valuation. The rally reflects strong investor confidence in AI-driven growth prospects.

9. Microsoft and OpenAI Sign New $250 Billion Cloud Agreement

#Microsoft #OpenAI #Azure #Cloud

Microsoft signed a new agreement with OpenAI for an additional $250 billion in Azure cloud services. As part of the deal, Microsoft will no longer have priority rights as OpenAI's computing provider, reflecting OpenAI's expanding partnership options. The massive commitment underscores the enormous computational requirements of advanced AI systems.

10. Major Tech Companies Announce AI Partnerships at GTC Conference

#GTC #AIPartnerships #Ecosystem

At NVIDIA's GTC conference in Washington, the company announced partnerships with Uber, Palantir, and CrowdStrike to integrate AI technology into various products. The collaborations highlight NVIDIA's expanding ecosystem beyond chip manufacturing into applied AI solutions across multiple industries including security, transportation, and data analytics.