Anthropic has signed a $35 billion cloud services agreement with cloud computing company Lambda. The capacity will be deployed at Hut 8’s Beacon Point data center campus in Texas, where the lease is currently held by Nvidia. The deal gives Hut 8 a large, long-term tenant and is expected to materially boost utilization at the site and improve the stability of future revenue.

Samsung Electronics has asked equipment suppliers to secure safety certification for tools destined for a second chip plant in Taylor, Texas. The company is seeking to accelerate the construction schedule even though the factory’s specifications have not been finalized. Samsung is aiming to meet a 2030 production start to support still-rising demand for AI chips.

HIVE subsidiary BUZZ HPC has signed a five-year GPU cloud services contract worth $350 million. The agreement is expected to add $70 million in annualized revenue. BUZZ HPC has set a goal of reaching $500,000 in daily revenue from its AI business.

OpenAI has undergone multiple organizational restructurings this year, with continued leadership turnover fueling internal tensions. Some employees say they are growing fatigued by the frequent changes. This week, former Slack CEO and chief revenue officer Denise Dresser said she will resign. The upheaval comes as the company moves toward a $1T IPO, raising market concerns that governance risks could complicate the listing.

Nvidia disclosed in a filing with the U.S. Securities and Exchange Commission that it holds 122.8 million Class A shares in rocket company SpaceX, currently valued at about $21 billion. The disclosure was seen by the market as unexpected. It suggests Nvidia is positioning itself in aerospace and satellite communications.

S&P Dow Jones Indices said social media platform Reddit will join the S&P 500 on August 18, replacing real estate investment trust AvalonBay. The change is part of the index’s quarterly rebalancing. Under index rules, ETFs and index funds that track the S&P 500 will need to buy about 16.7 million shares of Reddit. That amount is roughly equal to the stock’s average daily trading volume over the past three sessions.

Uber has sold its entire stake in Serve Robotics, a move disclosed in a regulatory filing submitted last week. Serve Robotics was spun out from Uber five years ago. The company said it only learned of the divestment after the filing became public. The timing and terms of the transaction were not disclosed.

Brazilian federal police recently seized assets worth roughly $2 billion in a drug trafficking and money laundering investigation. Days earlier, the U.S. Treasury sanctioned two Brazilian nationals and four companies linked to Primeiro Comando da Capital (PCC), one of Latin America’s largest criminal organizations. The operation focused on crypto-related funding channels and reflects stepped-up cross-border enforcement cooperation. The action did not affect sovereign credit, foreign-exchange markets, or traditional financial assets such as energy or metals supply chains.

China’s quadruped robot maker Unitree Robotics has received approval from the China Securities Regulatory Commission to list on the Shanghai Stock Exchange’s STAR Market later this month. The company plans to raise about 4.2 billion yuan (around $619 million) in the offering. The move is a routine regulatory clearance rather than a development tied to policy shifts, major order wins or a technology milestone.