‼️ BREAKING: Anthropic has struck a $35 billion computing deal with Nvidia-backed cloud provider Lambda to rapidly scale its AI capacity, with infrastructure firm Hut 8 building the Texas data center for the project.
‼️ U.S. Treasury yields climbed sharply on Monday as oil prices surged amid renewed fighting near the Strait of Hormuz and a prolonged U.S.-Israel conflict with Iran. The 10-year yield rose above 4.75% for the first time since January 2025, while five-year yields reached their highest level since early last year and 30-year yields broke above last week’s highs, reviving investor concern over inflation, fiscal deficits, and U.S. debt now above $40 trillion.
‼️ Markets shifted to price in a potential rate hike after Fed Chair Kevin Warsh’s Jackson Hole remarks, though some participants see limited odds given the lack of clear data warranting tighter policy; with additional labor, housing, and consumer-spending reports due before the September meeting, the path remains data-dependent.
‼️ OpenAI says its advertising business has reached a $1 billion annualized revenue run rate, underscoring its push toward a diversified business model ahead of a widely anticipated IPO. The company began testing ads in the U.S. earlier this year, a move that drew criticism from rival Anthropic, which responded with a Super Bowl commercial.
‼️ 🧠 BREAKING: Nvidia is investing $3.5 billion in MediaTek, expanding their partnership as it seeks to bring more chipmakers into its data-center ecosystem. MediaTek will adopt Nvidia’s NVLink Fusion and newly announced NVHBM technologies to improve communication among data-center components.