Nvidia is reportedly in talks to invest up to $10 billion in Anthropic's planned IPO, while Larry Ellison canceled a plan to sell $7.5 billion in Oracle stock. Elsewhere, Donald Trump and Mike Johnson rejected calls to slow AI development, citing competition with China, and Revolut suffered a data exposure following fraudulent government email requests.
01Company specific
Larry Ellison Cancels Plan to Sell Up to $7.5 Billion of Oracle Stock
Halting an executive share-sale plan eliminates a major equity overhang while the market weighs expanding AI infrastructure capital expenditure against rising debt loads.
Larry Ellison canceled a trading plan that would have allowed him to sell up to 50 million shares of Oracle worth approximately $7.5 billion. Oracle disclosed in a regulatory filing that the executive chair and chief technology officer had adopted the Rule 10b5-1 plan on June 22, 2026, before walking it back without explanation after no shares were sold. The decision removes a major overhang for Oracle as the company grapples with an price that has fallen more than 20% this year amid investor anxiety over soaring and -related . At the same time, Oracle reported first-quarter fiscal 2027 of $19.345 billion and raised its full-year revenue outlook to at least $90 billion while lifting restructuring costs by $700 million to accommodate workforce reductions.
Oracle Fiscal 2027 Guidance and Q1 Revenue ($B)
Oracle raised its annual revenue target to at least $90 billion.
Nvidia Considers Up to $10 Billion Investment in Anthropic IPO
Financing its primary tenant's listing creates a circular capital flow that inflates compute demand expectations while anchoring Nvidia's own data center hardware backlog.
Nvidia is in talks to invest up to $10 billion as an anchor investor in Anthropic's upcoming initial public offering. Anthropic is seeking to raise as much as $100 billion at a near $2 trillion. The proposed transaction would surpass SpaceX's June listing to become the largest public debut on record. Nvidia's potential check closes a loop where the primary provider of compute infrastructure helps finance its largest tenant's public exit. The chipmaker previously committed up to $10 billion to Anthropic in November 2025 alongside 1 gigawatt of compute capacity on Grace Blackwell and Vera Rubin systems. Bankers are the offering using 2028 forecasts projected between $190 billion and $200 billion. Nvidia reported quarterly revenue with sales at strong levels, leaving the company ample to fund the investment.
Revolut Confirms Customer Data Breach Triggered by Fake Government Requests
Relying on compromised state email domains exposes neo-banks to targeted high-net-worth identity theft, converting trusted government channels into a zero-day vector for crypto transaction tracking.
Revolut disclosed sensitive customer data after falling for a fraudulent information request sent from a legitimate government agency email domain. The compromised files included passports, driver licenses, verification selfies, birth dates, phone numbers, and full transaction histories including activity. While the company stated that systems and customer funds remained unaffected, it did not disclose the exact number of individuals impacted. security researcher ZachXBT reported that the breach appeared targeted at high-net-worth users. Revolut blocked the offending email address, notified affected customers, and alerted law enforcement and regulators.
KT Signs MOU With Amlogic for Media Terminal Chipset Supply
Vertical chipset alliances shield telecom media terminals from hardware shortages while locking in tailor-made silicon for proprietary artificial intelligence features.
KT signed a memorandum of understanding with fabless company Amlogic to establish a stable supply system for media device chipsets. The agreement was concluded at the IBC 2026 exhibition in Amsterdam. The partnership aims to against global semiconductor risks while supporting technical cooperation for advanced functions and system-on-chip solutions in KT media terminals. Alongside the chipset agreement, KT established the KT Global Coexistence Growth Pavilion at the trade show to showcase eight domestic partner companies and their products. This export support initiative follows a previous year in which KT and 18 partners secured over 180 billion Korean won in export contracts across three major international exhibitions. KT will continue its export support program by participating in the ECOC 2026 optical communication exhibition in Spain with five additional partner firms.
Barack Obama Urges Democrats to Establish AI Safeguards
Bipartisan support between political leaders and competing model developers for independent safety audits creates a path toward mandatory pre-deployment testing that raises fixed compliance costs for frontier AI.
Former President Barack Obama urged congressional Democrats to establish a public framework for safety and economic policy. Speaking at a fundraising event interviewed by House Minority Leader Hakeem Jeffries, Obama warned that rapid industry development in private hands could prove dangerous without timely oversight. He recommended that candidates running in the 2028 presidential race adopt artificial intelligence as a central agenda item. Concurrently, Anthropic CEO Dario Amodei proposed pacing frontier development by granting independent safety evaluators access to leading models. OpenAI CEO Sam Altman and xAI chief Elon Musk responded positively to the proposed safety standards.
Insight Partners Diversifies Investment Portfolio Beyond OpenAI and Anthropic
Resisting follow-on rounds for frontier model developers in favor of smaller vertical AI checks reflects a refusal to let inflated infrastructure valuations dilute software fund returns.
techcrunch.com reports that Insight Partners manages $90 billion in while maintaining a investment strategy rather than concentrating solely in frontier labs like OpenAI and Anthropic. Devin Parekh, who has co-run the firm for 26 years, states that Insight has avoided major buyouts since 2024 due to high , unreceptive software markets, and compressed exit multiples. Instead of chasing fast-moving, high- follow-on rounds with minimal incremental data, the firm writes smaller early-stage checks ranging from $20 million to $25 million to compound wins over time. While artificial intelligence infrastructure talent remains heavily concentrated in San Francisco, vertical artificial intelligence spans diverse geographies, as demonstrated by New York-based financial services firm Ramp and Stockholm-based legal-tech company Legora. Parekh notes that backing both OpenAI and Anthropic generated internal debate regarding investment stages rather than foundational strategy, as the firm operates off the board at later rounds.
Trump and House Speaker Johnson Comment on AI Regulatory Environment
A federal stance prioritizing national security over AI safety safeguards US model developers from government-enforced caps on compute scaling and deployment speed.
Donald Trump and House Speaker Mike Johnson rejected calls from major technology executives to slow down development, according to theverge.com. The pushback follows an open letter from Anthropic CEO Dario Amodei arguing for a paused pace at the technological frontier, a proposal that drew public support from OpenAI CEO Sam Altman, Elon Musk, and Alphabet executive Demis Hassabis. Trump and Johnson argued that regulatory restrictions would surrender the United States' lead to China. Trump stated that whoever wins artificial intelligence wins globally, while Johnson warned CNN that emergency congressional restrictions would pose a national security threat.
Surging capital commitments to artificial intelligence contend with severe security vulnerabilities and regulatory debate. Whether pushback against safety mandates will accelerate commercial adoption or heighten systemic operational risks remains unresolved.
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