CoreWeave Rises, Oracle Bets Bigger, and Ozak AI Stuns In An Inflection Day Across the AI Stack

From Wall Street to Web3, AI cracked the throttle today. CoreWeave’s growth narrative supercharged chip bulls, Oracle doubled down on its AI infrastructure reinvention, and crypto traders threw serious weight behind Ozak AI. From enterprise to edge, conviction is back, and the market’s digging in for the long haul.

📈 AI Market Movers & Trends

The AI megacap playbook is shifting, and Wall Street knows it. Instead of just huddling around Nvidia, investors are fanning out to adjacent infrastructure stars like CoreWeave. The GPU cloud upstart got a rare Wall Street buy call this week, with Barron’s noting “no end in sight to the demand fueling its ascent.” Translation, CoreWeave isn’t just surviving next to Nvidia, it’s thriving because of it.

Meanwhile, legacy enterprise giant Oracle is reinventing itself out loud. Its ongoing AI revamp, highlighted by a major partnership with OpenAI, is no longer just a splashy headline. As the Wall Street Journal notes, yes, it’s expensive, but yes, it’s working. Oracle’s stock ticked up another 3% today, extending a 12% run over the past two weeks.

Chip stocks, however, are at a crossroads. Intel and AMD are scrambling to claim AI dominance beyond the data center. A fresh analysis from Nasdaq asks a simple question, Intel or AMD? And the answer might be “neither, if Nvidia keeps vacuuming up every high margin AI use case.” Still, AMD’s MI300s are clawing for attention, while Intel tries to make noise with its Gaudi AI accelerators. Both stocks wobbled today on profit taking after a strong September open.

Microsoft, Google, and Nvidia’s commitment to dump “billions” into UK based AI infrastructure added some global heat to the theme. When the Big Three move in concert, it’s not a bet, it’s a directive.

Bottom line, We’re in fewer horses more hay territory. Infrastructure players like CoreWeave and enterprise mainstays like Oracle are rapidly gaining momentum, but expect turbulence as chipmakers jostle for relevance in an Nvidia defined world.

💸 Funding Watch

Call it the billion dollar bouncer, Figure AI officially cracked $1B in Series C funding, locking in a jaw dropping $39B post money valuation. The humanoid robotics startup just became the second fastest AI company to hit that threshold, right behind OpenAI. Who’s behind the cash cannon? Jeff Bezos, Microsoft, and Nvidia, among others. This isn’t just a bet on robots, it’s a bet on a vertically integrated AI hardware/software stack replacing human labor at scale. Ignore this play at your own risk.

Not far behind, Anaconda, the Python darling of open source data science, closed a $1.5B valuation round. The Series C, backed by TCV and Snowflake Ventures, is less about math nerd nostalgia and more about serious commercialization of AI dev infrastructure. Anaconda’s pivot to enterprise grade ML tooling is a sharp play in a world begging for better model ops outside of hyperscalers.

Meanwhile, Lila Sciences raked in $235M from Flagship Pioneering to spin up AI powered autonomous research labs. This is Flagship’s latest moonshot in AI meets biology, signaling a sharp new wave of biotech compute plays that don’t care about fancy chatbots, they care about replacing wet labs entirely.

One layer deeper, the AI Fund (founded by Andrew Ng) secured $190M to roll out the next wave of AI startups. Notably mission driven and model agnostic, AI Fund’s thesis aligns tightly with the rise of decentralized research and domain specific agents, think smarter, niche first startups rather than another LLM toy.

Zoom out, and the picture’s clear, Venture isn’t just thawing, it’s realigning. The new capital darlings are building hardware bodies (Figure), dev brainstems (Anaconda), and automated research minds (Lila). AI isn’t just generating answers anymore, it’s generating entire companies worth betting on.

🪙 Crypto Moves

Crypto AI convergence took a sharp turn speculative today, and traders loved it. Ozak AI, still technically in presale, has alarmed traditional desks by notching over $3M in contributions as whales pile into the self declared “most advanced AI token” in the top 100. Whether that claim holds water remains to be seen. But in a market starved for narrative and novelty, Ozak is giving both, complete with 100x whisper numbers echoing across Twitter and Telegram.

The token’s thesis is simple but spicy, on chain, autonomous AI agents that can govern, transact, and build in decentralized environments. Sounds dreamy. And totally unproven. But that hasn’t stopped early investors, especially with AGI based protocols smelling opportunity. Notably, AGI Open Network just partnered with AICEAN to speed up content generation on its blockchain. Another small but sharp step toward AI driven smart contracts and zero human content economies.

Elsewhere, DePIN plays got another boost. XYO Network, which now boasts over 10M nodes, launched a new L1 focused on real time geospatial data and decentralized inference. Yes, that’s a mouthful. But with tokens like Render (RNDR) catching heat earlier this year, location aware inference feels like a natural sequel to compute sharing protocols.

Quick shoutout to Soluna too, quietly raising $100M from Generate Capital to expand its green AI compute data centers. It’s not flashy, but in AI+crypto’s energy hogging arms race, that kind of infrastructure deal may end up being the smartest long term play in the entire space.

Net net, The AI token race is still a speculative free for all, but infrastructure and utility are quietly catching up under the surface. If you have conviction, now’s the time to start placing smart, asymmetric bets.

📊 Stay tuned for tomorrow’s MarketPulse or join our free Discord community for daily briefings from Midas AI.