Goldman Sachs Sees AI Spending Exceeding $900 Billion in 2026

Key Takeaways

• Reports of Jensen Huang’s resignation as Nvidia CEO coincided with a more than 4% fall in Nvidia shares; AMD rose 5.9% as Asian markets posted mixed results.
• Analysts cited security, leadership and board-oversight concerns around Nvidia and said buyers may reconsider dependence on its AI infrastructure, though changing suppliers could take time and cost money.
• Commvault’s Nvidia collaboration combines NIM microservices, Nemotron Retriever and cuVS with Apache Solr to connect AI applications to protected data.
• Commvault announced governed-data work with Databricks using OpenSharing and Unity Catalog, a Zscaler partnership, and Recovery Studio for restoring connected systems.
• AgentRecover is set to support Microsoft Foundry in early access this month and Amazon Bedrock AgentCore in December, helping organizations audit agents and recover affected resources.
• Texas bills would create an AI department, review higher-risk state systems and require an inventory by Dec. 1, 2028, and a public registry by March 1, 2029, if HB 605 becomes law.
• Goldman Sachs forecasts AI hardware and IP spending above $900 billion by end-2026 and $1.4 trillion by end-2027.
• Celestica shares gained 4.77% to CAD 361.92 as investors watched demand for data-center and high-performance-computing infrastructure.
• Interactive Brokers lets eligible clients use external AI agents to trade within set account limits, without manual approval.
• The articles also cover an AI deepfake prosecution, a video-model ranking, and UN guidance calling for transparent, accountable AI in climate information.

Asian Markets Mixed After Nvidia CEO Jensen Huang Resigns

Asian shares moved in different directions Friday as investors considered what Jensen Huang’s resignation as Nvidia CEO could mean for the AI industry. Nvidia shares fell more than 4% on Wall Street Thursday, while Japan’s Nikkei 225 and Taiwan’s Taiex rose and South Korea’s Kospi declined. Several Asian chip and technology stocks also fell, including Kioxia Holdings, SoftBank Group, Samsung Electronics and SK Hynix. On Thursday, the S&P 500, Dow Jones Industrial Average and Nasdaq each fell 0.4%, while Nvidia rival AMD rose 5.9%. Oil prices had increased after U.S. President Donald Trump said the United States did not need a deal with Iran.

Asian Stocks Mostly Fall as Markets Weigh Nvidia CEO’s Exit

Asian shares mostly declined Friday as investors assessed the possible effect of Jensen Huang’s resignation as Nvidia CEO on the global AI industry. Huang co-founded Nvidia and helped shape its AI strategy, and his departure raised questions about the future of AI development. Nvidia shares fell more than 4% on Wall Street Thursday, while the company’s longtime chief financial officer, Colette Kress, became interim CEO. Asian markets showed mixed results, and AMD rose 5.9% on Thursday as some Nvidia rivals gained. Oil prices also weighed on stocks after U.S. President Donald Trump said the United States did not need a deal with Iran.

Asian Markets Mixed as Investors Consider Nvidia Leadership Change

Asian shares were mixed Friday as investors considered what Jensen Huang’s resignation as Nvidia CEO could mean for the global AI industry. Nvidia fell more than 4% on Wall Street Thursday, while Japan’s Nikkei 225 and Taiwan’s Taiex rose and South Korea’s Kospi declined. Several Asian chip and technology companies, including Kioxia Holdings, SoftBank Group and SK Hynix, also lost ground. The S&P 500, Dow Jones Industrial Average and Nasdaq each fell 0.4% Thursday, while Nvidia rival AMD gained 5.9%. Oil prices had risen after U.S. President Donald Trump said the United States did not need a deal with Iran.

Commvault Unveils AI Security Partnerships and Recovery Tools

Commvault announced new AI security partnerships, data governance integrations and recovery products at its SHIFT conference. Its collaboration with Nvidia combines Nvidia NIM microservices, Nemotron Retriever and cuVS with Apache Solr to help AI applications use Commvault-protected data. Commvault also announced a partnership with Zscaler and a Databricks solution that shares governed enterprise data through OpenSharing and Unity Catalog. Its new Recovery Studio uses automated runbooks to restore connected systems, including applications, infrastructure, identities, configurations and data. Expanded AgentRecover capabilities will help organizations audit AI agent activity and recover agents and affected systems, with support planned for Amazon Bedrock AgentCore and Microsoft Foundry.

Commvault Adds Recovery Support for Amazon and Microsoft AI Agents

Commvault announced AgentRecover capabilities to help organizations discover AI agents, review their activity and restore agents and the systems they affect. The new support covers Amazon Bedrock AgentCore and Microsoft Foundry, platforms used to build and run production AI agents. AgentRecover can map agents’ connections to data, applications, identities, configurations and infrastructure, helping teams find protection gaps and understand the impact of unwanted actions. It is designed to protect agents and recover both them and affected resources across the AI stack. Microsoft Foundry support is targeted for early access this month, while Amazon Bedrock AgentCore support is planned for December.

Texas considers a new department to oversee government AI

Three bills filed ahead of Texas’ 90th legislative session would add rules for state agencies’ use of artificial intelligence. HB 605 would create a Department of Artificial Intelligence, separate from the Department of Information Resources, and place it under a five-member board appointed by the governor and approved by the Senate. The department would review higher-risk AI systems, keep a public registry and help agencies assess AI purchases, while DIR would retain its existing authority. If enacted, HB 605 would require an initial statewide inventory by Dec. 1, 2028, and a public registry by March 1, 2029; a separate bill, HB 474, would set standards for human oversight of certain AI decisions.

Nvidia leadership questions put enterprise AI reliance under scrutiny

Nvidia has become a leading provider of the chips and infrastructure used for AI, making many companies dependent on its products. Technology analyst Levy said a scandal involving an admitted extramarital affair with an alleged Chinese spy raises security, leadership and board oversight concerns. The article says IT buyers may reconsider their reliance on Nvidia as trust becomes more important, though any shift to competitors would take time and could bring near-term costs. Analysts also suggest a more diverse group of chip suppliers could eventually create a stronger AI ecosystem.

Goldman sees AI investment reaching $1.4 trillion by 2027

Goldman Sachs expects annualized spending on AI-related hardware and intellectual property to reach $1.4 trillion by the end of 2027, about 4% of the U.S. economy. The bank forecasts spending will exceed $900 billion by the end of 2026, and estimates AI investment will add 5.3 percentage points to capital investment growth and 0.6 points to GDP growth in 2027, including semiconductors. Goldman projects corporate investment will grow 8% in 2027 on a quarterly basis, compared with a consensus forecast of 4.2%. The bank sees limited risk from election results, while rising borrowing costs and tighter data center rules could affect investment.

Celestica shares rise 4.77% as investors watch AI hardware demand

Celestica Inc. shares rose 4.77% to CAD 361.92, showing strong short-term buying interest. The company makes technology products and provides engineering services for communications, cloud computing, advanced networking and industrial markets. Demand for data center infrastructure and high-performance computing could create opportunities for its hardware and networking business. Its longer-term outlook depends on customer demand, product execution, manufacturing efficiency and careful capital use, while customer concentration, technology investment cycles and supply chain risks remain concerns.

Interactive Brokers adds autonomous AI trading for eligible clients

Interactive Brokers Group discussed its technology-focused brokerage model at the BMO Capital Markets 2026 Financials Conference in Boca Raton, Florida. The company now lets eligible clients connect outside AI agents to a dedicated part of their accounts and trade without manual approval, within set limits. The feature may attract sophisticated API users and algorithmic traders, but it also creates oversight and technology risks when automated systems use leverage and complex products. Investor LunaRodas places the company’s fair value at US$72.59, citing margins above 70% for eight straight quarters, a dividend reset to US$0.60 a year and the launch of autonomous AI trading.

Wisconsin man accused of creating deepfake images of his ex

A criminal complaint says Tristan Preuss used artificial intelligence to turn photos from his ex-girlfriend’s social media accounts into pornographic images and videos. The complaint says fake social media accounts shared the material and asked people for money, using a phone number linked to Preuss. Investigators say Preuss admitted making the images for sexual gratification and said he did not know it was illegal. He faces 12 felony charges and, if convicted on all of them, could receive up to 42 years in prison and $120,000 in fines. His initial court appearance is set for Dec. 2.

Top AI video models ranked by quality, cost and open weights

A ranking dated Nov. 13, 2026 compares AI video generation models using blind human preference scores from the Artificial Analysis Video Arena. It also lists API prices per second and whether each model’s weights are open. The article says native audio has become standard, clips now run 15 to 30 seconds, and an open-weights model is in the top three. GPULeaderboard.com’s Chrome extension provides deployment options and specifications.

UN guidance aims to improve AI climate information

The United Nations issued guidance to help people access credible climate change information through artificial intelligence and understand AI’s environmental impact. The framework calls for AI systems to be transparent, explainable and accountable, and to avoid spreading bias or misinformation. Governments, businesses, civil society groups, researchers and developers are expected to use the guidance when creating AI systems. The initiative is part of the UN’s work to promote responsible AI use and sustainable development.

Sources

• Asian Shares Are Mixed as Investors Assess Impact of Nvidia's Fallout on Global AI Development
• Asian shares are mixed as investors assess impact of Nvidia's fallout on global AI development
• Asian shares are mixed as investors assess impact of Nvidia's fallout on global AI development
• Commvault Makes Series of Recovery, Partner Announcements
• Commvault Gives IT and Security an AI Agent Recovery Plan – Helping Recover Agents and Unwanted Changes Triggered Across Environments
• Texas Lawmakers Will Consider Creating a Department of AI
• Nvidia’s leadership crisis puts enterprise AI’s dependence on one company under scrutiny
• Goldman Sachs Forecasts AI-Related Investment to Reach $1.4 Trillion by End of 2027
• Celestica Climbs to CAD 361.92: Can AI Hardware Demand Drive Its Next Growth Phase?
• How AI Trading Rollout Will Impact Interactive Brokers Stock
• Complaint: Investigators link AI deepfake nudes to victim's ex
• Best AI Video Generation Models in 2026: Elo, Price per Second, Open Weights
• New initiative targets AI and reliable climate change information