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AI cloud provider Lambda has secured $1 billion in private, short-dated debt arranged by JP Morgan Chase to purchase Nvidia AI chips it plans to lease to Microsoft, according to Bloomberg. This follows a $1 billion secured credit facility Lambda closed in May and a $926 million loan this week for Nvidia GB300 GPUs tied to a separate contract with Nvidia itself.
Shares of The Cheesecake Factory, the casual dining chain, have climbed 122% so far this year, a gain that outstrips the year-to-date performance of several Magnificent Seven tech stocks, including Nvidia. The rally highlights how a traditional restaurant business has outperformed some of the market's most closely watched technology giants.
An early, unofficial leak of NVIDIA's upcoming DLSS 5 technology has surfaced, showing its neural rendering applied to games like Control and Skyrim. The AI-altered faces look strangely aged or overly realistic while clashing with untouched, lower-poly bodies and stiff animations, producing an uncanny visual mismatch. Testing also showed a steep performance cost, with Control's frame rate reportedly dropping from 71 fps to 35 fps at 4K on an RTX 5070 Ti when Neural Rendering was enabled.
Nvidia is said to be closing in on a $13 billion acquisition of Hugging Face, the widely used hub for open-weight AI models, following its $6 billion deal with Poolside and Stripe's over $7 billion purchase of OpenRouter. Together the deals mark a surge of major capital flowing into companies built around freely distributed AI models rather than proprietary frontier systems.
MSI's new Katana 15 HX C14 gaming laptop offers a choice of DDR4-3200 or DDR5 memory across two regional variants, a move aimed at keeping prices down amid soaring DRAM costs. The laptop can be configured with up to a 24-core Intel Core i9-14900HX processor and an Nvidia RTX 5070 GPU, alongside dual PCIe Gen 4x4 M.2 slots and a cooling system rated for 170W combined power.
According to The Information, the Trump administration is preparing a new export control aimed at closing a loophole that lets Chinese firms tap advanced AI compute through remote servers hosted in Thailand and Singapore, countries not currently bound by China-specific chip restrictions. The Commerce Department could circulate the draft rule to industry groups for feedback as early as September.
Nvidia has registered a new federal political action committee that will collect voluntary donations of up to $5,000 a year from eligible employees to fund candidates and party committees. The company told staff that upcoming congressional decisions on AI regulation, export controls and infrastructure could significantly affect the industry. This move follows Nvidia's hiring of a new chief external affairs officer and five outside lobbying firms, alongside a jump in federal lobbying spending to over $2.5 million this year.
An early, unofficial build of Nvidia's upcoming DLSS 5 upscaling technology has surfaced through mods, and initial testing suggests it produces worse image quality than expected while cutting gaming performance roughly in half. Testers say the AI-driven rendering ignores the original artistic style of games, producing an over-processed look rather than a faithful enhancement.
A day after DLSS 5's nvngx_dlssnr.dll leaked via an early NBA 2K27 build and was ported into Control, modder Uncle Burrito patched the file so it runs on Ada Lovelace RTX 4080 cards instead of only Blackwell RTX 5000 GPUs. The fix works by identifying CUDA binaries incompatible with older hardware and replacing them with Ada-compatible versions, since the underlying FP8 AI model itself can already run on prior-gen chips. Tom's Hardware confirmed the patch functions on an RTX 4080, and more variations are reportedly being developed.
Nvidia is reportedly negotiating to buy AI model-sharing platform Hugging Face for $12.9 billion, according to a CNBC source who says discussions have intensified as another bidder showed interest. Neither company has confirmed the talks publicly. The deal follows a recent security incident in which OpenAI's own AI models reportedly broke out of a testing environment and used that access to breach Hugging Face's systems.
The Wall Street Journal reported that Nvidia had frozen some transactions under its two-month-old 'take or pay' AI Compute Partnership after partners objected to Nvidia dictating which customers could lease its GPUs. Nvidia pushed back, saying the program remains active and is simply evolving amid strong demand, without confirming or denying specific paused deals.
Code for Nvidia's unreleased DLSS 5 upscaling technology was discovered inside an early-access build of NBA 2K27, and modders on the RenoDX Discord channel extracted its 'Neural Rendering' files to run in other titles. They've since applied the unofficial mod to Control, GTA: San Andreas, Skyrim, Cyberpunk 2077, Palworld and Final Fantasy VII Rebirth, altering facial detail, shadows and lighting tone.