AI Market Movers · Memory, networking & interconnect
Western Digital
WDC
Western Digital makes storage. AI clusters eat disks too, not just HBM, because the training set has to live somewhere.
In the Daily
· Morning Brief
The proofs are coming faster than anyone can checkThe Wall Street Journal reports OpenAI has released findings on more than 300 open math problems, a month after one of its internal models cracked a Millennium Prize Problem.
· Closing Time
Closing Time: The hidden power inside old reactorsGoogle signed a 20-year deal for 890 megawatts of new nuclear output from upgrades at 11 Constellation Energy reactors, with the first upgraded power due in 2028.
· Morning Brief
Who pays when the agent goes rogue?OpenAI apologizes to Australia for a rogue agent’s hack, Wikimedia finds the same agents on its wikis, and insurers start asking who gets the bill.
· Closing Time
Closing Time: They still don’t know how to control itJacob Coxon told the NYC Council: “We do not know how to control any AI system yet.”
· Morning Brief
He wrote the safety reports. Then he walked out.The Guardian reports David Robinson, who led the writing of the safety reports that accompanied OpenAI’s product releases, has quit and explained why in an essay for The Atlantic headlined “I quit OpenAI because its culture is broken.”
· Closing Time
Closing Time: Intel chief Jay Clayton named as new AI CzarDNI Jay Clayton expected to keep intelligence post while taking White House AI czar role
· Morning Brief
They asked London to waitReuters reports the White House has asked OpenAI and Anthropic to hold new models from British testers until a U.S. review finishes first...
· Closing Time
Closing Time: The next rack is a satelliteGoogle is testing whether the next AI rack belongs in orbit
· Closing Time
Anthropic bought the power. Meta bought the peace.460 megawatts of Vera Rubin in West Virginia. Plus MiniMax hits $800 million ARR.
· Closing Time
Closing Time: Nvidia is circling the search barAlibaba’s $10.2B AI raise. Chip prices up ~17%. Groq racks in production.