Stephen Nellis / Reuters::
The American Energy Department says that its Doudna supercomputer, due in 2026, will use the latest Vera Rubin of Nvidia chips integrated into liquid cooled servers by Dell– The American Department of Energy said Thursday that its “comforter” in 2026 would use Nvidia and Dell technology.
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- Klarna reports first-quarter revenue up 44% year-over-year to $1.01 billion, above estimate, GMV up 33% to $33.7 billion, active customers up 20% to $119 million and profit of $1 million, up from a loss of $99 million year-over-year (Connor Hart/Wall Street Journal)
- Foxconn reports Q1 revenue up 29% year-over-year to ~$67 billion and net profit up 19% year-over-year to ~$1.6 billion, matching estimate as it boosts production of AI servers, its largest source of revenue (Wall Street Journal)
- Filing: Jensen Huang’s foundation purchased $108.3 million worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (Max A. Cherney/Reuters)
- 1MDB fugitive Jho Low asked US President Trump for forgiveness, report says – The Diplomat
- Sources: Apollo Global, Morgan Stanley and others are testing Grok internally as part of xAI’s financial sector push, but financiers rarely use it for their work (Carmen Arroyo/Bloomberg)
- Cisco reports third-quarter revenue up 12% year-over-year to $15.84 billion, compared to an estimated $15.56 billion, forecasts fourth-quarter revenue above estimates and cuts nearly 4,000 jobs; CSCO jumps more than 17% after hours (Jordan Novet/CNBC)
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