Flash News

TREE NEWS reports: Google is prioritizing improvements to the profit margins of its Tensor Processing Units (TPUs). The move signals a sharper commercial focus for the custom AI chips that Google designs and deploys in its data centers. No specific margin targets or financial figures were disclosed.

TREE NEWS update: Google said all of its TPU inventory is allocated to customers that have already signed contracts, indicating demand for its custom AI chips is outpacing available supply. The company did not disclose the number of chips involved or the value of the contracts. The disclosure underscores how committed orders, rather than spot availability, now govern access to Google’s AI accelerator capacity.

TREE NEWS update: Neuralink said its brain-computer interface has enabled a participant with amyotrophic lateral sclerosis to convert speech to text and produce voice output at conversational speed, with one participant reaching 75 words per minute in the first week at a 5.8% word error rate across a 125,000-word vocabulary. Dr. Nader Pouratian presented the early speech-restoration data at the 2026 NEALS annual meeting, Neuralink said in a post on X dated Oct. 29.

TREE NEWS reports: Marvell Technology is in advanced talks to acquire data-center optical communications equipment maker Lumentum, with a deal potentially announced as soon as next week. Lumentum has a market value of about $83 billion and Marvell about $221 billion. After the report, Marvell shares fell about 8% and Lumentum rose about 17% in after-hours trading. Nvidia invested $2 billion in Lumentum earlier this year.

TREE NEWS update: Google is now selling its Tensor Processing Units (TPUs) for deployment in consumer data centers, the company said. The move marks a shift from Google’s previous model of offering TPU capacity through its own cloud, putting its custom AI chips directly into customer-operated facilities. No pricing or customer details were disclosed.

TREE NEWS update: Google will make its Gemini Agent available to users later this year, the company said. The agent is set to roll out within the current year, though no specific launch date or pricing was disclosed. Further details on availability were not provided.

TREE NEWS reports: SK Hynix’s quarterly revenue exceeded 100 trillion won for the first time, the chipmaker reported, as AI-driven memory demand overwhelmed supply. The company said memory demand will outrun supply through 2030, with DRAM and HBM sold out through 2029. The record quarter underscores the supply tightness in high-bandwidth memory that underpins AI data-center buildouts.

TREE NEWS reports: ServiceNow reported third-quarter revenue of $4.11 billion, slightly above the $4.09 billion consensus, with subscription revenue of $3.99 billion, up 21% year over year. Adjusted earnings per share came in at $1.00, below analysts’ $1.02 estimate, and the company’s fourth-quarter guidance missed expectations. Shares fell as much as 14% in after-hours trading as the sales outlook renewed concerns about AI’s impact on the software industry.

TREE NEWS update: Alphabet CEO Sundar Pichai said Waymo’s autonomous driving mileage has exceeded 300 million miles. The figure marks the cumulative distance driven by the company’s self-driving fleet. No timeframe or additional operational details were provided.

TREE NEWS update: Alphabet CEO Sundar Pichai said the AI model Argon has accelerated code development at Google, with the new Carbon model described as the company’s most powerful, surpassing Gemini 4 Argon in performance. The remarks position Argon as a productivity driver for Google’s engineering work, while Carbon is presented as the strongest model in its lineup.

TREE NEWS reports: Alphabet reported third-quarter revenue of $127.58 billion, below the $127.93 billion consensus estimate. Google Cloud revenue came in at $30.71 billion, beating the $29.1 billion expected, while Google advertising revenue was $82.01 billion, short of the $83.57 billion estimate.

TREE NEWS update: Microsoft reported first-quarter revenue of $92.28 billion, topping the $90.63 billion consensus estimate. Cloud revenue came in at $63.9 billion, also above the $61.62 billion expected. The results, disclosed in the company’s fiscal first-quarter report, showed both headline sales and cloud performance exceeding analyst forecasts.

TREE NEWS update: CFTC Chairman Mike Selig said at the agency’s Wednesday AI forum that the convergence of superintelligence, crypto and modern financial infrastructure could transform markets, with AI agents driving a shift toward “autonomous trading.” He raised regulatory questions including whether AI agent developers should register, who bears liability when an agent goes rogue, how regulators identify on whose behalf an agent acts, and whether a new “Know Your Agent” (KYA) identity mechanism is needed. No new AI rules or guidance were announced.

TREE NEWS update: OpenAI’s personal agent Dot can now be reached through iMessage or RCS text messages, letting users assign tasks by text, image or voice memo, ChatGPT said in an X post on October 29. Dot also texts users proactively with progress updates. The preview is limited to US Pro users, and messages stay confined to each user’s own thread with Dot. OpenAI launched Dot in late September.

TREE NEWS reports: OpenAI reportedly plans to purchase Google’s TPU chips, as the company looks beyond Nvidia for AI compute. Neither OpenAI nor Google has confirmed the plan, and the price and size of the order were not disclosed. OpenAI is one of Nvidia’s biggest customers.

TREE NEWS update: Federal Reserve Chair Kevin Warsh said on Oct. 28 that the Fed will deliver price stability “no ifs, or buts,” with a firm 2% PCE target and no soft inflation goal. Warsh added that interest rates “affect almost everything,” including AI and capital spending, where credit spreads have widened and financial conditions have tightened. He said political considerations played no role in the FOMC decision ahead of the midterm elections.

TREE NEWS reports: The US Department of Justice is questioning Nvidia’s $12.93 billion acquisition of AI open-source platform Hugging Face, examining its impact on AI industry competition and whether Nvidia could control a key AI distribution channel to suppress rivals. The inquiry is part of a multi-year conduct investigation into Nvidia’s acquisitions, investments and sales, which also covers its purchases of SchedMD and Run:ai and a technology licensing deal with Groq. Nvidia expects the Hugging Face deal to close in the first half of 2027.

TREE NEWS update: Oracle said at its Las Vegas investor day that it expects positive free cash flow in the second half of fiscal 2028 and at least $30 billion in free cash flow for fiscal 2029, with self-funded growth from that year. The company set a fiscal 2030 revenue target above $225 billion, implying a compound annual growth rate above 35% from fiscal 2026, and capped additional financing at $20 billion through fiscal 2030. Shares briefly rose more than 9%.

TREE NEWS update: Federal Reserve Chair Kevin Warsh said interest rates are already affecting the technology sector, noting that since early September rate effects have been visible both inside and outside tech. Warsh said rates affect almost everything and have a major impact on the technology investment boom, adding that he had doubted rates would influence artificial intelligence. Capital expenditure remains strong and is broadening, he said.

TREE NEWS update: The US Department of Justice has questioned Nvidia over its acquisition of Hugging Face. The DOJ’s inquiry adds antitrust scrutiny to the AI deal. No further details on the scope or timing of the questioning were provided.