#AI

Nvidia is expanding its NVLink Fusion technology to seamlessly integrate with Arm-based Neoverse CPUs, enabling custom infrastructure solutions for hyperscalers. This move allows tighter integration between Arm CPUs and Nvidia GPUs, crucial for AI workloads requiring high-speed data transfer. Companies like Microsoft, Amazon, and Google are increasingly using Arm CPUs in their cloud infrastructure. This partnership highlights the increasing importance of Arm technology in AI server infrastructure and signifies Nvidia’s commitment to open innovation and diverse partnerships.

The Nasdaq fell 0.84% due to tech stock declines, including Apple, Meta, and Oracle. Investors are wary of tech valuations and capital expenditure, particularly for Nvidia, despite strong future order claims. Analysts are closely watching Nvidia’s upcoming earnings call. While some see potential for a year-end rally driven by rate adjustments and macro data, Bitcoin’s weakness is a concern. Other news includes India’s energy deal with the US and Fed officials’ divided views on interest rate cuts.

With tech giants investing heavily in AI data centers, depreciation of AI GPUs is a crucial accounting concern. Unlike traditional servers, the lifespan of these rapidly evolving components is uncertain, impacting profitability and investment decisions. While some, like CoreWeave, see long-term value, short seller Michael Burry suggests companies may be inflating useful life for earnings. Factors like new chip releases and wear-and-tear could accelerate depreciation. Companies are adopting varied strategies, and auditors are scrutinizing depreciation claims closely.

IQSTEL (IQST) reported record Q3 2025 revenue of $102.8M, a 90% YoY increase. Nine-month revenue reached $232.6M (+26% YoY). Strategic moves include acquiring 51% of Globetopper and launching AI call center services. While reaffirming 2025 revenue guidance of $340M, the adjusted EBITDA was $683,189. Concerns remain regarding the gap between revenue and EBITDA run rates. The Company forecasts $430M organic revenue for 2026. IQST’s expansion and AI investments demonstrate robust growth, but profitability challenges warrant attention.

Yesterday’s market saw a broad decline, with the Nasdaq, Dow, S&P 500, and Russell 2000 all experiencing significant losses amid AI rally fatigue. Disney’s weak revenue and doubts about Oracle’s AI prospects contributed. Expectations for a Fed rate cut diminished. Consumer spending shows mixed signals, while housing faces potential distress. Labor disputes see Boeing workers ratifying a contract, and Starbucks baristas striking. Delivering Alpha insights revealed optimism about AI and concern about the IPO market.

Alibaba.com is exploring tokenization for cross-border B2B payments, potentially partnering with financial institutions like JPMorgan. This move aims to streamline transactions using tokenized versions of currencies. Alibaba.com also launched “AI Mode,” an AI-powered subscription service to enhance search capabilities and create new revenue streams. New features such as “agentic pay” automate contract creation. This strategy combines AI and streamlined payments, with a phased approach to blockchain technologies, to improve global B2B e-commerce.

U.S. markets experienced their worst day since October 10th, with the Dow, S&P 500, and Nasdaq all significantly declining. This downturn was driven by cooling AI sentiment, concerns about interest rate policies, and Oracle’s debt-financed AI ambitions. Investors are reassessing tech valuations and the financial commitments required for AI infrastructure. Uncertainty surrounds a potential December interest rate cut by the Fed, coupled with a lack of comprehensive October economic data, further complicating market sentiment. Oracle saw a significant value drop, raising questions about its AI investment sustainability.

Oracle’s stock initially surged on bullish AI prospects and its OpenAI partnership, but has since relinquished significant gains. Investor sentiment is cooling due to concerns about the capital intensity of AI buildout, Oracle’s cash flow, and OpenAI’s commitment sustainability. Oracle is reportedly considering a large debt raise to fund its AI infrastructure expansion. Analysts highlight Oracle’s reliance on OpenAI and lower GPU rental margins compared to its core business. Upcoming earnings will be crucial for assessing Oracle’s AI strategy progress and financial health.

SoftBank sold its entire Nvidia stake for $5.83 billion in October, not necessarily due to valuation concerns. Instead, the move signals a strategic shift, with proceeds reinvested into generative AI, specifically OpenAI. This reallocation underscores SoftBank’s confidence in generative AI’s long-term potential over a diverse tech portfolio. The decision highlights a concentrated approach, prioritizing transformative AI solutions and reflecting their conviction that substantial investment is needed to unlock these technologies.

Oura, the smart ring maker, projects sales near $2 billion next year, doubling its 2024 revenue. This surge is driven by women’s health features, international expansion, and AI integration. The company has sold over 5.5 million rings since 2015 and is focused on preventative health, incorporating glucose monitoring and researching blood pressure. Oura leverages AI to provide personalized health insights and has launched Oura Advisor, an AI-powered health chatbot. While an IPO is speculated, no immediate plans have been announced.