Nvidia's Market Cap Reaches $5T; AWS Invests $5B in South Korean AI Data Centers

AI News
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Key Takeaways

  • Nvidia's market cap surpassed $5T, driven by AI leadership and positive outlook from CEO Huang.
  • AWS invests $5B in South Korean AI data centers by 2031 after Ulsan investment.
  • Alphabet's revenue exceeded estimates at $102.35B, driven by AI infrastructure and data analytics demand.
  • Foxconn will deploy humanoid robots in its Nvidia AI server plant in Houston by 2026.
  • AI saves employees 7.5 hours/week, valued at $18,000 annually, but 68% lack training.

Top Stories

Nvidia's market cap hits $5T, driven by AI.

On October 29, 2025, Nvidia's stock surged, surpassing $5 trillion in market capitalization for the first time, fueled by its leading position in the AI technology ecosystem and CEO Jensen Huang's positive outlook. This milestone was driven by expected AI chip orders and plans to build new supercomputers.

AWS to invest $5B in AI data centers in South Korea.

On October 29, 2025, AWS CEO Matt Garman met with South Korean President Lee Jae-myung to announce a $5 billion investment in AI data centers in Incheon and Gyeonggi by 2031, following a $4 billion investment in Ulsan. This investment is the largest greenfield investment in South Korean history.

Alphabet's revenue exceeds estimates, driven by AI.

On October 29, 2025, Alphabet reported quarterly revenue of $102.35 billion, exceeding estimates, driven by strong advertising and cloud demand, particularly from AI infrastructure and data analytics. The company also raised its annual capital expenditure forecast to $91-$93 billion.

Foxconn to deploy humanoid robots in Nvidia AI server plant.

On October 28, 2025, Foxconn announced its plan to deploy humanoid robots at its Houston plant, which produces AI servers for Nvidia, with the goal of creating a world-leading AI smart factory, targeting deployment for the first quarter of 2026.

AI saves employees 7.5 hours per week.

A report by the London School of Economics' Inclusion Initiative and Protiviti found that employees using AI save an average of 7.5 hours per week, equivalent to one workday and valued at approximately $18,000 annually, but 68% of employees have received no AI training.

AI Breakthroughs

Confluent announces new AI features for Streaming Agents.

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, including Agent definition, Observability and debugging, and Real-Time Context Engine.

Grammarly rebrands to Superhuman, integrates AI.

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, launching Superhuman Go, an AI assistant connecting over 100 apps.

Dataiku introduces AI Factory Accelerator.

On October 28, 2025, Dataiku introduced the AI Factory Accelerator, powered by NVIDIA, to help enterprises accelerate the transition of AI prototypes to production, integrating Dataiku’s platform with NVIDIA's accelerated computing.

AI and Finance

US stocks hit record highs, boosted by Nvidia's AI ventures.

On October 28, 2025, US stocks closed at record highs on Wall Street, propelled by a surge in Nvidia shares due to the chipmaker's new ventures announcement and CEO Jensen Huang headlining an event in Washington, amid continued investor enthusiasm for AI. The Dow, S&P 500, and Nasdaq indices were lifted.

Advantest Corp's shares surge due to AI-related demand.

Advantest Corp's shares surged to a record high after reporting strong fiscal second-quarter earnings and increasing its annual guidance, fueled by AI-related demand. Operating profit jumped nearly 71% to 108.4 billion yen, with sales up 38% to 262.9 billion yen.

AI in Action

Nvidia to build seven AI supercomputers for US Department of Energy.

On October 28, 2025, Nvidia announced plans to build seven new AI supercomputers for the US Department of Energy to aid in maintaining the US nuclear arsenal and researching alternative energy sources. Nvidia's GTC event was held in Washington, DC, and Nvidia shares rose 1.3%.

Emerald AI, NVIDIA, and others announce 96MW Aurora AI Factory in Virginia.

On October 29, 2025, Emerald AI, NVIDIA, EPRI, Digital Realty, and PJM announced the 96MW Aurora AI Factory in Virginia, the world's first power-flexible AI facility, designed to accelerate connections for new AI data centers. This facility addresses energy constraints in the AI sector.

Amazon opens $11B AI data center in Indiana.

On October 29, 2025, Amazon opened a $11 billion AI data center named Rainier in rural Indiana to meet growing AI demands, including training AI models and specifically Anthropic's Claude model. Local residents expressed concerns about the loss of farmland and rising electricity costs.

Robots in elderly care in the UK.

On October 28, 2025, a report explored the potential and challenges of using robots in elderly care to address the UK's social care crisis, highlighting issues with maintenance, usability, and user acceptance.

YouTube launches new AI-enhanced features for TV viewing.

YouTube announced five new features to enhance the TV viewing experience, including support for 4K thumbnails and AI-powered upscaling. These updates aim to help creators increase conversions and build their brands on the largest screen.

AI boosts productivity for large enterprises.

A CMoney article noted that large enterprises are significantly increasing productivity and reducing costs by actively adopting AI, while small businesses lag behind. The gap is expected to widen, urging small businesses to accelerate their transformation.

Lockheed Martin and Google collaborate on AI.

On October 29, 2025, Lockheed Martin and Google Public Sector announced a strategic collaboration to integrate Google's advanced generative AI, including Gemini models, into Lockheed Martin's AI Factory, deploying these AI tools within Lockheed Martin's secure environments.

Emerging AI Trends

Super Micro Computer forms Super Micro Federal LLC for AI solutions.

On October 29, 2025, Super Micro Computer, Inc. (SMCI) announced the formation of Super Micro Federal LLC to boost its presence in the U.S. federal market, focusing on high-performance, energy-efficient IT solutions for AI/ML, HPC, Cloud, Storage, and 5G/Edge.

Dr. Ben Goertzel on the race for AGI.

On October 28, 2025, Dr. Ben Goertzel identified four key global players in the race for Artificial General Intelligence (AGI) and superintelligence, which he believes is inevitable and potentially only two years away, highlighting significant risks.

Intel CEO refocuses on engineering, AI, and foundry services.

On October 28, 2025, Intel CEO Lip-Bu Tan announced his mission to refocus the company on engineering, AI, and foundry services, attributing Intel's past struggles to excessive management layers and issues of complacency and mismanagement.

NTT Data to train 200,000 employees in generative AI.

NTT Data Group announced on October 29, 2025, that it will expand the training of generative AI personnel to 200,000 global employees, having already trained 70,000 as of October 2025, with plans to establish a support system for customers to safely implement and operate generative AI.

Adobe and Google Cloud expand partnership for AI.

On October 28, 2025, Adobe and Google Cloud announced an expanded strategic partnership at Adobe MAX to deliver the next generation of AI-powered creative technologies, combining Adobe’s creative expertise with Google’s advanced AI models.

Adobe MAX 2025: Adobe's AI strategy.

At Adobe MAX 2025, Adobe promoted a strategy of using Firefly and other models in the AI era, partnering with Google to increase creators' freedom and providing custom models and generative AI credits in one stop. They are also adding AI features to tools like Photoshop and Premiere.

Ethical AI Concerns

College students' concerns about AI and education.

On October 29, 2025, The New York Times published an article detailing the multifaceted concerns of over 60 college students nationwide, including the impact of artificial intelligence on education and anxieties about post-graduation job prospects.

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