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THE DAILY INDEX

Technology, AI, software, security, crypto and business

HEADLINES & LAUNCHES

TLDR AI

NVIDIA JUST ANNOUNCED THE RELEASE OF NEMOTRON 3 ULTRA

Nemotron 3 Ultra features 550B parameters (55B active). It is the most intelligent open weights model from the US. The model will be made available in NVFP4 quantization for higher inference performance. It scores 48 on the Artificial Analysis Intelligence Index, well ahead of the next strongest model, Gemma 4 31B, which scored 39. Nemotron 3 Ultra serves over 300 tokens per second on a pre-release Deep Infra endpoint.

NVIDIA LAUNCHES COSMOS 3, THE OPEN FRONTIER FOUNDATION MODEL FOR PHYSICAL AI

Nvidia Cosmos 3 is a new leaderboard-topping open physical AI foundation model. It is a fully open omnimodel with native vision reasoning and multimodal generation across text, image, video, ambient sound, and action. The model is built on a mixture-of-transformer architecture, which pairs a reasoning transformer with an expert generation transformer. It gives developers a powerful pretrained foundation for building physical AI systems with less data and lower training costs.

US MOVES TO CLOSE THE LOOPHOLE LETTING NVIDIA'S TOP CHIPS REACH CHINESE FIRMS ABROAD

The US Commerce Department has issued guidance extending export license requirements to advance chips sold to any entity headquartered in China, regardless of where that entity is physically located. This closes a loophole that allowed Chinese companies to buy Nvidia chips using a subsidiary in another country. The action is aimed at future sales and not at clawing back hardware already shipped. It doesn't affect the servicing of advanced computing equipment such as servers.

ALPHABET PLANS TO RAISE $80 BILLION FROM STOCK SALES TO FUND AI BUILDOUT

Alphabet plans to sell $80 billion in stock to fund investments into AI compute infrastructure due to unprecedented customer demand. The raise includes $10 billion from Berkshire Hathaway, $30 billion in an underwritten offering, and $40 billion from an at-the-market offering program for Class A and Class C shares expected to begin in the third quarter. Goldman Sachs, JPMorgan Chase, and Morgan Stanley are acting as joint book-running managers for the underwritten offering.

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