Meta Platforms will have to invest in new technology to avoid losing out on the AI video market: it will hit margins

OpenAI's new app has alarmed Wall Street. Whose stocks are at risk?

Broadcom Inc.

OpenAI has also struck major agreements with Nvidia, Oracle and AMD in recent weeks

Broadcom said it is developing AI processors with OpenAI. Shares soared

SK hynix Inc.

Samsung Electronics Co., Ltd.

The papers of South Korean SK Hynix and Samsung - two of the largest memory chip manufacturers - set new records at the first trading in South Korea after a week of holidays. Recent large deals in the field of artificial intelligence contributed to the jump in quotations.

Shares of Samsung and Hynix soared to a record after a trading halt. What's the reason?

Microsoft Corporation

NVIDIA Corporation

Microsoft's Azure cloud platform<a href="https://azure.microsoft.com/en-us/blog/microsoft-azure-delivers-the-first-large-scale-cluster-with-nvidia-gb300-nvl72-for-openai-workloads/"> has launched the</a> first major cluster based on Nvidia GB300 systems, including more than 4,600 Blackwell Ultra GPUs, the company's most advanced AI chips. The new cluster provides 37 terabytes of fast memory and high performance, forming the unified computing environment needed to run reasoning models, agent systems and multimodal generative AI applications. Such systems will reduce the training time of AI models from months to weeks, Microsoft said.

Microsoft and Nvidia launch the world's first production cluster for OpenAI workloads

Advanced Micro Devices, Inc.

Oracle Corporation

This fall was marked by a flurry of news about the premier artificial intelligence developer, OpenAI. Who would have thought that a small nonprofit company founded in 2015 would command hundreds of billions of dollars 10 years later? Yet that's exactly what has happened to OpenAI - its CEO Sam Altman has not only driven its value to $500 billion, making it the world's most <a href="https://finance.yahoo.com/news/openai-now-worth-500-billion-195534705.html">expensive</a> startup, but he's also making deals that impact the stocks of major tech companies. However, what is he doing, in a strategic sense?

What is OpenAI head Sam Altman digging: an economic moat or a grave?

HSBC Holdings plc

HSBC buys out Hang Seng Bank for $37 billion, strengthening its position in Asia. AMD is surging after a deal with OpenAI, which could get up to 10% of the chipmaker's shares. Nvidia, for its part, has received US authorization to export chips to the UAE. About these and other topics - in our review of key events by the morning of October 9.

Highlights for this morning: HSBC buys out a bank, Nvidia enters UAE, Google defends itself in court

Tesla, Inc.

Tens of billions of dollars in infusions have become the norm for the AI industry

Nvidia to fund chips for Musk's xAI as part of $20 billion deal - Bloomberg

Astera Labs, Inc.

Astera Labs stock has been assigned the highest target price on Wall Street by investment bank analysts

Citi names beneficiary of AMD and OpenAI deal, whose shares could rise 30%

International Business Machines Corporation

Tech company plans to integrate AI startup Anthropic's neural networks into its products

IBM shares hit a record after announcing a partnership with rival OpenAI

Jefferies sees the alliance with OpenAI as a driver for AMD's near-term growth and long-term leadership in the AI chip segment

Jefferies analysts expect AMD to surge 47%. A new leader in the AI market?

Gold.com, Inc.

OpenAI has announced that it's turning its ChatGPT artificial intelligence into a full-fledged digital hub where users can interact directly with apps like Spotify, Zillow and Expedia, and developers can create native AI agents through its new AgentKit platform. Tesla, in a bid to regain lost sales, is likely preparing a more affordable version of the Model Y priced below $30,000. Meanwhile, Donald Trump announced a 25% duty on imports of medium and heavy trucks. On these and other topics - in our review of key events for the morning of October 7.

Figma

Uber Technologies, Inc.

Salesforce, Inc.

ChatGPT will integrate partner applications 

Open AI