Nvidia Shares Surge on AI Chip Orders; Microsoft's AI Spending Causes Dip
Key Takeaways
- Nvidia shares rose, nearing $5 trillion market cap on expected $500B AI chip orders.
- Microsoft spent nearly $35B on AI; shares dipped 3% on bubble fears.
- Meta plans to increase AI-generated content, viewing AI as social media driver.
- MIT review highlights AI harms: power blackouts, unethical imagery.
- Abu Dhabi to train 20,000 government employees in AI skills by 2027.
Top Stories
Nvidia shares rise, nearing $5 trillion market cap on AI chip orders.
On October 29, 2025, Nvidia shares rose more than 3% in premarket trading, fueled by expected $500 billion in AI chip orders and plans to build seven new supercomputers, bringing the company close to a $5 trillion market valuation.
Microsoft spends nearly $35 billion on AI, shares dip on bubble fears.
On October 29, 2025, Microsoft reported nearly $35 billion in capital spending on AI for its fiscal first quarter, surpassing market expectations but overshadowing a 40% growth in its Azure cloud business, causing a 3% dip in shares.
Meta to increase AI-generated content, views AI as social media driver.
On October 29, 2025, Meta CEO Mark Zuckerberg announced plans to significantly increase AI-generated content in social feeds, viewing AI as a key driver for the future of social media.
MIT reviews AI hype, highlights power blackouts, unethical imagery.
On October 29, 2025, MIT Technology Review critiqued the disconnect between AI's promised benefits and its real-world harms, including power blackouts and unethical use of AI-generated suffering imagery.
Abu Dhabi to train 20,000 government employees in AI skills.
On 2025-10-29, Abu Dhabi announced partnerships to train over 20,000 government employees in AI skills, supporting the goal of becoming the world's first fully AI-native government by 2027.
AI Funding Landscape
SK Hynix announces bullish outlook, boosted by AI-driven profits.
On October 29, 2025, SK Hynix announced plans to boost investments following a record quarterly profit driven by the AI boom, reporting an 11.4 trillion won operating profit, up 62% year-on-year.
Qatar to focus US investments on AI sector's growth potential.
On October 28, 2025, Qatar's Finance Minister announced that artificial intelligence will be a major focus of Qatar's planned investments in the United States.
ServiceNow's earnings exceed expectations, AI platform projected at $500M.
On October 29, 2025, ServiceNow reported third-quarter earnings that exceeded Wall Street's expectations, with its AI platform projected to surpass $500 million this year and aiming for $1 billion by 2026.
AI Innovation Radar
Confluent integrates AI capabilities into data streaming platform.
On October 29, 2025, Confluent announced new features for Streaming Agents as part of Confluent Intelligence, a managed service integrating AI capabilities into its data streaming platform.
Grammarly rebrands to Superhuman, an AI-native productivity platform.
On October 29, 2025, Grammarly Inc. announced its rebrand to Superhuman, an AI-native productivity platform that integrates Grammarly, Coda, and Superhuman Mail with AI assistance.
NVIDIA advances autonomous vehicle safety with Halos system.
NVIDIA is advancing autonomous vehicle safety with its Halos system, a comprehensive chip-to-deployment solution integrating hardware, software, tools, models, and proven design principles.
Ethical AI Watch
Character.AI bans users under 18 due to safety concerns.
Starting November 25, 2025, Character.AI will ban users under 18 from its chatbots. This decision follows child safety concerns and lawsuits alleging the chatbots led teenagers to harm themselves; before the ban, on October 29, 2025, a two-hour daily limit was placed on open-ended AI character chats for users under 18.
AI-generated videos appear on Donald Trump's social media accounts.
On October 29, 2025, WIRED reported that AI-generated videos are appearing on Donald Trump's social media accounts, exploring the implications of AI in political messaging.
Meta's AI smart glasses spark privacy concerns, call for regulations.
On October 28, 2025, Meta's newly launched AI smart glasses, featuring cameras and microphones, have triggered significant privacy debates due to potential for unconsented surveillance.
Industry AI Impact
Alphabet exceeds revenue estimates, driven by AI-related cloud demand.
On October 29, 2025, Alphabet reported $102.35 billion in quarterly revenue, exceeding estimates due to strong advertising and cloud demand, with Google Cloud showing significant growth due to AI infrastructure and data analytics demand.
Author finds avoiding AI impacts nearly every aspect of life.
On October 28, 2025, A.J. Jacobs found that avoiding A.I. impacted nearly every part of life, from food to clothing, during a 48-hour experiment to live without artificial intelligence.
Powell: AI boom differs from dotcom bubble, driving economic growth.
On October 29, 2025, Federal Reserve Chair Jerome Powell stated that the current AI boom differs from the dotcom bubble, noting that AI companies have earnings and that AI investments are driving economic growth.
Trump to discuss Nvidia AI chip with Xi, trade talks point of contention.
On October 29, 2025, U.S. President Donald Trump announced he would discuss Nvidia's Blackwell AI chip with Chinese President Xi Jinping, a key point of contention in U.S.-China trade talks.
AI labs tap former employees via Mercor for AI training data.
At TechCrunch Disrupt 2025 on October 28, 2025, Mercor CEO discussed how AI labs are using Mercor's marketplace to tap former senior employees for industry knowledge, paying experts up to $200/hour for AI training data.
Robots increasingly integrated into elder care, market projected at $6.5B.
On October 28, 2025, Global Brands Magazine explored the increasing integration of robots into elder care, driven by global demographic shifts and carer shortages, with the market projected to reach $6.5 billion by 2030.
NTT Data Group expands AI talent development to 200,000 employees.
On October 29, 2025, NTT Data Group announced it would expand AI talent development to all 200,000 global employees, exceeding its initial goal of 30,000 by the end of fiscal year 2026.
Trending AI Tech
Google releases early access for Gemini for Home voice assistant.
On October 28, 2025, Google began rolling out early access for its Gemini for Home voice assistant in the U.S., upgrading users from Google Assistant to a more conversational and capable AI.
Google releases NotebookLM, AI tool transforming notes into knowledge.
On October 28, 2025, Google released NotebookLM, an AI tool designed to transform notes into active knowledge by analyzing user-added content and generating insights.
Amazon's Echo Studio (2025) features improved sound, enhanced Alexa.
On October 29, 2025, The Verge reviewed Amazon's Echo Studio (2025), a smaller, redesigned smart speaker priced at $219.99, featuring improved sound quality and enhanced Alexa Plus performance.