SoftBank offloads entire $5.83 billion stake in Nvidia — firm sells off stock, cash will fund major investment in OpenAI, also in talks over Stargate

(Image credit: Tomohiro Ohsumi)

SoftBank has confirmed it sold its entire stake in Nvidia in October, offloading 32.1 million shares for $5.83 billion. The disclosure came Tuesday alongside the Japanese conglomerate’s latest earnings report, which also revealed a $9.17 billion sale of T-Mobile US shares. Both moves form part of a broader strategy to reallocate capital into artificial intelligence ventures, among which is most notably a deepening alignment with OpenAI.

The stake sale severs a direct

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PC hardware vendor PNY suspends Black Friday storage deals — cites rising NAND costs and says 'no new deals are being put in place'

(Image credit: PNY)

As the AI-driven shortage of NAND tech continues to bite and enthusiasts chart 100% price increases on RAM for their builds, popular PC hardware vendor PNY has confirmed that it is suspending its upcoming Black Friday and Cyber Monday promotions on flash USB storage, citing rising NAND costs. In a possibly devastating sign of a price squeeze and shortage to come, the company says no new deals are being put in place ahead of Black Friday.

PNY had previously announced a series of deals

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$650 billion in annual revenue required to deliver 10% return on AI buildout investment, J.P. Morgan claims — equivalent to $35 payment from every iPhone user, or $180 from every Netflix subscriber 'i

(Image credit: Getty Images)

A J.P. Morgan report suggests that the AI industry needs to make $650 billion in annual revenue to deliver a 10% return on investments that companies are expected to make through 2030. The report, shared by analyst Max Weinbach on X , equates this to an extra monthly recurring payment of $34.72 from every iPhone user or $180 from every Netflix subscriber.

Although this may sound attainable, you must consider

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BTF 3.0 reveals the future of cable-less PC builds — single 50-pin connector supports up to 2,145 watts to power a CPU and GPU

(Image credit: DIY-APE on YouTube)

Back-connect motherboards and GPUs have been popping up more than ever lately, thanks to various manufacturers adopting DIY-APE's designs and building upon them. You can find a bunch of options in the cable-less market now, but there are still some caveats, like the individual cables for all the components being separate. That changes today — with BTF 3.0 — the latest "Back to Future" spec from DIY-APE looking to finally eliminate

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AOC Q27G4ZMN 27-inch QHD Mini LED 240 Hz gaming monitor review: Incredible performance and value

Tom's Hardware Verdict

The AOC leaves out some peripheral amenities but delivers on all the important metrics, speed, smoothness, saturated color, high brightness and addictive gaming. And it’s less than half the price of a comparable OLED.

Pros

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    Extremely bright with high native contrast

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    Effective local dimming with 1,152 Mini LED zones

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    Wide gamut color that’s spot-on accurate out of the box

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    Excellent video processing with low

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Intel

AMD Ryzen 5 7500X3D debuts in Micro Center pre-built PC — affordable gaming CPU seemingly exclusive to retailer for now

(Image credit: AMD)

Micro Center just launched a brand-new gaming PC featuring the new AMD Ryzen 5 7500X3D. The 7500X3D is seemingly the most affordable X3D chip from the Ryzen 7000 series, and, at the moment, it’s only available on the retailer’s PowerSpec line of pre-builts starting at around $899.99, as reported by PC World . At this price, you

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Pay just $1299 for the MSI Vector 16 with RTX 5070 Ti graphics and 240Hz QHD screen in this early Black Friday deal — superb specs for such a well-priced gaming laptop

(Image credit: Future)

With the number of early Black Friday deals that are popping up consistently before the official start of the sales extravaganza, I'm actually wondering what products are going to be the main attraction for discounts when Black Friday actually hits. But until then, we have an amazing deal today on a high-specification gaming laptop at an excellent price point. The MSI Vector is just $1299 at Walmart right now, a superb choice for a gaming laptop without breaking the bank.

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Intel

Intel's CTO and AI chief leaves for OpenAI after just seven months in role — follows another AI data center exec out the door, Lip Bu-Tan to take up the slack

(Image credit: Intel)

Intel's Chief Technology Officer and head of AI, Sachin Katti, has left the longtime chip manufacturer and joined OpenAI instead, as reported by Reuters . He'll be taking over the role of building out OpenAI's compute infrastructure. Back at Intel, CEO Lip Bu-Tan will take on the role of head of AI and Advanced Technologies himself, "working closely with the team."

Since the appointment of Intel CEO Lip Bu-Tan in March, he's

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Veteran dev’s newest computer is ‘200,000 times’ faster than his oldest in custom benchmarks — single-thread Dhrystone performance charted across 25 systems released between 1976 and 2023

(Image credit: Dave Plummer on X )

Veteran Windows dev Dave W Plummer has run a simple performance test on all his computer lab systems and drawn up a fascinating comparison chart. Across his 25 computers, released between 1976 and 2023, he observed a huge 200,000X CPU performance delta. Moreover, it is admitted that the difference could have been much greater if the ancient Dhrystone benchmark performance code wasn’t resolutely single-threaded. The benchmark code

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Undersea comms cable investments double to $13 billion in over two years — ever-growing danger of cable cuts looms

(Image credit: Getty / Eoneren)

All this talk about massive AI datacenters is well and good, but without communication, they're basically useless warehouses, as a CNBC video report rightfully points out. The undersea cabling infrastructure that wires the continents together is the web that holds the world together, and it's getting ever-increasing amounts of investments, to the tune of $13 billion over the next two years.

CNBC says this amount is roughly twice that of the 2022-2

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