Week 47 in AI: Bezos returns with $6.2B manufacturing AI startup, Tether invests $1.16B in humanoid robotics, Microsoft-Nvidia commit $15B to Anthropic, Nvidia reports $37.6B revenue with $500B orders through 2026, Google launches Gemini 3, Physical AI attracts $8B+ funding wave, DOE announces 100K GPU supercomputer, OpenAI partners with Foxconn for US manufacturing.

📋 Quick Takeaways

• Nvidia reports record $37.6 billion revenue with CEO Jensen Huang citing “off the charts” AI chip demand and $500B in orders through 2026
• S&P 500 performance increasingly concentrated in AI-driven tech giants, raising questions about market breadth
• Google’s Gemini 3 quietly rolling out through mobile Canvas with dramatic improvements over Gemini 2.5 Pro
• U.S. greenlights AI chip exports to Gulf after Saudi Crown Prince’s Washington visit, reversing previous restrictions
• AI-powered holiday devices flood market from Amazon, Meta, Google three years after ChatGPT’s debut
• ChatGPT adds enhanced inline images enabling richer visual responses about people, places, and concepts

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💰 Market Impact & Economic Trends

Nvidia Reports “Off the Charts” Q3 Earnings, $500 Billion in AI Chip Orders

Record-Breaking Performance: Nvidia [finance:NVIDIA Corporation] announced on November 20-21, 2025, fiscal Q3 2026 earnings that exceeded Wall Street expectations, with revenue reaching $37.6 billion and CEO Jensen Huang describing sales as “off the charts.”

📋 Quick Takeaways

• Nvidia forecasts $65 billion Q4 revenue, beating estimates by $3B and dismissing AI bubble concerns with “sold-out” Blackwell GPU demand
• OpenAI releases GPT-5.1 series with adaptive reasoning, 2-3x faster inference, and improved instruction-following across Instant, Thinking, and Codex models
• White House prepares executive order to preempt state AI laws, establishing federal AI Litigation Task Force to challenge regulations
• Luma AI secures $900 million from Saudi-backed HUMAIN with access to 2-gigawatt AI supercluster; US approves chip exports to Saudi Arabia
• Google DeepMind opens Singapore research lab, first in Southeast Asia, focusing on regional AI collaboration and multilingual model development
• Microsoft Foundry integrates Claude models, making Azure the only cloud offering both Anthropic and OpenAI frontier models together

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💰 Nvidia’s Record Forecast Calms AI Bubble Fears

Q3 Results Exceed Expectations, Q4 Guidance Signals Continued Growth

Financial Performance: Nvidia reported third-quarter fiscal 2026 revenue of $57.2 billion on November 19, surpassing Wall Street estimates of $55.2 billion, with data center revenue reaching $51.2 billion. The AI chip leader’s stock surged 5% in after-hours trading as the results eased mounting concerns about an AI investment bubble.

📋 Quick Takeaways

• Google launches Gemini 3, achieving 1501 Elo on LMArena and 93.8% on GPQA Diamond with immediate Search integration
• Microsoft and Nvidia commit $15 billion to Anthropic at $350B valuation, securing $30B Azure compute deal
• Microsoft unveils Agent 365, Work IQ, and voice-enabled Copilot at Ignite 2025 for enterprise AI transformation
• OpenAI announces major partnerships with Intuit ($100M+) and Target for AI-powered financial and retail experiences
• Nvidia Q3 earnings expected with $54.9B revenue (+56.4% YoY), serving as AI spending barometer
• Amazon issues $12 billion bonds for AI infrastructure, including $38B OpenAI deal
• Jeff Bezos launches Project Prometheus with $6.2B focused on physical-world AI applications

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🚀 Breakthrough AI Model Releases

Google Unveils Gemini 3: New Frontier in AI Reasoning and Agentic Development

Major Release: Google launched Gemini 3 on November 19, 2025, marking a significant leap in AI capabilities with state-of-the-art performance across reasoning benchmarks and immediate integration into Google Search.