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Nvidia’s Profit Doubles to $59.69 Billion Thanks to A.I. Spending

26 August 2026 at 18:48
Quarterly revenue also more than doubled, to $96.22 billion, the company said, topping expectations on Wall Street.

Β© Manuel Orbegozo for The New York Times

Jensen Huang, Nvidia’s chief executive, made a big bet years ago on chips and software for artificial intelligence.

Anthropic Could Aim to Raise $100 Billion in Blockbuster I.P.O.

The offering could value the five-year-old A.I. start-up at $2 trillion, its bankers have told potential investors, which would exceed Elon Musk’s SpaceX.

Β© Don Feria/Associated Press

From right, Dario Amodei, Anthropic’s chief executive, and Daniela Amodei, an Anthropic co-founder and Mr. Amodei’s sister, at a company conference in May.
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