Nvidia loses roughly $546 billion in market value at opening after Huang resigns
Nvidia lost roughly $546 billion in market value when markets opened Thursday after announcing Jensen Huang's resignation, WIRED reported. Shares subsequently recovered somewhat, but the company's valuation has fallen by more than $1 trillion over the recent weeks of scandal.
SigmaStar seeks up to $300 million in Hong Kong listing
Chinese artificial intelligence chipmaker SigmaStar Technology is seeking to raise as much as $300 million through a Hong Kong listing as soon as this year, Bloomberg reported, citing people familiar with the matter. The fundraising is a plan rather than a completed listing.
Nvidia faced pressure to increase backstop for planned $500B AI vehicle
Nvidia faced pressure to increase its 25% residual value support backstop on a planned $500B AI financing vehicle with asset managers, Bloomberg reported, citing sources.
Anthropic opens self-hosted Managed Agents access
Anthropic launched a self-hosted version of Claude Managed Agents on Thursday, allowing companies to keep agents, session histories and credentials in their own cloud account or data centre. Customers must request access through their Anthropic account team.
J.Crew deploys Claude stylist on its US website
J.Crew launched Style Advisor on its US website for women's and men's clothing, Anthropic announced Thursday. Shoppers can describe an occasion, request complete outfits and refine the suggestions, or start with one item and ask what matches it.
Nebius plans $40 to $45 billion buildout as Microsoft capacity slips
Nebius forecast $40 to $45 billion in capital spending for 2027 on Thursday, while delays at third-party data centers prompted it to cut its 2026 revenue forecast by $200 million to $3 billion.

