Nvidia Adds Record $150 Billion to Stock Buyback — Daily Fintech News, September 28, 2026

Monday, September 28, 2026 · 12:37 PM ET

AI Chips · WSJ

1.Nvidia Adds Record $150 Billion to Stock Buyback

Nvidia's board approved a record $150 billion increase to its share-repurchase program on Monday, lifting total buyback authorization to $235 billion — the largest-ever U.S. stock buyback — as the chipmaker deploys cash generated by the AI boom.

$NVDA

$NVDA Close$231.39+2.81%

1Y +27.2% Rev QoQ +105.9% EPS QoQ +127.8% 52wk $164.27–$236.54 P/E 29.3 Mkt Cap $5.59T

AI · WSJ

2.Meta Launches Enterprise AI Business, Taps MongoDB CEO to Lead It

Meta is starting a new unit to sell AI tools to enterprise customers and hired former MongoDB chief Chirantan ‘CJ’ Desai to run it, aiming to earn a return on its multibillion-dollar AI spending; MongoDB shares fell on news of his departure.

$META

$META Close$723.61-3.73% Live$723.59+0.00%

1Y -2.7% Rev QoQ +28.0% EPS QoQ -13.4% 52wk $520.26–$779.82 P/E 27.3 Mkt Cap $1.84T

AI Infrastructure · Bloomberg

3.A $23 Trillion Market Swayed SoftBank in Its Hunt for More AI Debt

SoftBank is pushing deeper into debt financing to fund its swelling AI bets, drawn by the roughly $23 trillion credit markets now helping to underwrite the global AI build-out.

$SFTBY

$SFTBY Close$19.37-1.92%

1Y +19.8% Rev QoQ +10.9% EPS QoQ -17.8% 52wk $10.55–$28.97 P/E 7.0 Mkt Cap $220.78B

AI · The Information

4.Most Robotics Startups Will Fall Below Current Valuations by 2030, Says Vinod Khosla

Veteran investor Vinod Khosla warned that more than half of today's hottest robotics startups will be worth less than their current valuations by 2030, predicting a shakeout even as he stays bullish on robotics reaching a ‘ChatGPT moment.’

AI · The Information

5.How Anthropic and OpenAI Are Fighting for Enterprise Spending

Anthropic is taking the unusual step of ending enterprise customers' discounts once they exhaust the tokens in their contracts — a hard line that is giving OpenAI an opening to court those customers with more flexible pricing.

AI Infrastructure · FT

6.AI Hyperscalers Are Transforming Debt Markets

The Financial Times argues that the enormous capital spending of AI hyperscalers is reshaping corporate debt, as their financing needs increasingly drive how credit is structured, priced and absorbed by investors.

AI · Bloomberg

7.AI Agent Startup Instinct Raises $1 Billion at $10 Billion Valuation

Instinct, the startup behind a viral AI agent, raised $1 billion at a $10 billion valuation — up from the $2.5 billion it was targeting last month — with Sequoia Capital, Benchmark and Coatue joining the round, underscoring investor demand for consumer-facing AI agents.

Deals · Bloomberg

8.Cyber-Defense Firm RedLattice to Go Public via Bold Eagle SPAC Merger

Private equity-backed cyber-defense technology firm RedLattice said it will go public by merging with blank-check company Bold Eagle Acquisition Corp., in a deal that values RedLattice at about $1.25 billion including debt.

AI · Bloomberg

9.Kuaishou's AI Video Spinoff Unveils Kling 4.0 Ahead of Potential Hong Kong Listing

Kuaishou Technology's AI spinoff unveiled its Kling 4.0 video-generation model — doubling maximum clip length to 30 seconds — ahead of a potential Hong Kong IPO, as it steps up efforts to close the gap on video-AI leader ByteDance.

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