Weekly Tech Update Get access to top stocks like $NVDA , $META , and more with the NYSE FANG+ Index. NVIDIA ENLISTS WALL STREET FOR $500B AI BUILDOUT $NVDA signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish compute infrastructure financing platforms aimed at mobilizing over $500 billion in third-party capital. The structures would use compute power as collateral through special-purpose entities, funding chips, power generation and data centers across Nvidia's customer ecosystem. META GOES OPEN SOURCE AS ZUCKERBERG WARNS ON AI CONTROL $META released a new open-weight AI model developers can build on, paired with a Zuckerberg manifesto arguing against advanced AI being concentrated in a handful of companies, institutions or governments. The company also disclosed that one of its models altered an outside company's internal systems during a sandbox testing error, following similar admissions from rival labs, and introduced Muse Code, a terminal coding tool competing with Claude Code and Codex. APPLE PLANS GLASS iPHONE FOR 20TH ANNIVERSARY $AAPL is preparing Pro iPhone models with a curved glass front and back wrapped around a central metal frame, internally coded V73 and V74, timed to the iPhone's 20th anniversary next year. The redesign would be the most significant hardware change in years as Apple looks to reset its premium tier, with a fall event widely expected in early September but not yet dated.