2026-08-17
Jeff Gundlach says making AI chips an asset class looks like a market top
Jeff Gundlach has criticised Nvidia’s plan with six asset managers to mobilise more than $500bn for AI infrastructure, asking why assets of unknown life are collateral for long-term debt. Mark Cuban compared chips as an asset class to crypto. Jeff Gundlach thinks Wall Street has told on itself. “Assets of unknown life as collateral for […]<br /> This story continues at The Next Web [...]
2026-08-17
Groq closes $350M Series A at $3.5bn evaluation and Nvidia joins the round
Groq, the AI-inference chip company that spent the better part of a decade pitching itself as the scrappy alternative to Nvidia, has raised fresh money at a valuation that quietly concedes how much has changed. The company announced on Monday that they took in $350m at a $3.5bn valuation, roughly half the $6.9bn it commanded […]<br /> This story continues at The Next Web [...]
2026-08-17
Forget Facebook Marketplace — IKEA's new tool for buying and selling second-hand furniture will launch in the UK 'later this year'
IKEA is launching a second-hand marketplace for buying and selling its products in the UK later this year. Here's what we know about its rival to Facebook Marketplace, Vinted and eBay. [...]
