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FieldAI, backed by Nvidia, has successfully raised $405 million to scale up its AI-powered robotics capabilities. This substantial investment demonstrates significant investor confidence in the burgeoning field of AI-driven automation technology.

This investment highlights that we are seeing increasing capital infusions into AI hardware and infrastructure. How will this impact the wider robotics industry and the speed of automation across various sectors?

In today’s financial recap:

  • Nvidia-Backed FieldAI Raises $405M to Boost Robotics Innovation

  • China Mulls Yuan-Backed Stablecoins to Expand Global Currency Usage

  • Target Names Insider Michael Fiddelke New CEO Amid Turnaround Effort

  • CoreWeave: The AI Cloud Giant Outperforming Nvidia and Palantir

Nvidia-Backed FieldAI Raises $405M to Boost Robotics Innovation

The TradeWatch: Nvidia-backed robotics startup, FieldAI, has secured $405 million in funding to scale its AI-powered robotics capabilities, showing strong investor confidence in the AI-driven automation technology.

Unpacked:

  • This funding underscores the accelerating capital flowing into AI hardware and infrastructure necessary for pushing forward automated industry transformation.

  • Nvidia’s strategic backing of FieldAI may signal its ambition to increase influence in the robotics and AI-driven automation sectors.

  • With this new infusion of capital, FieldAI is positioned to significantly expand its ability to build AI-powered robots and scale its operations.

Bottom line: This substantial investment in FieldAI highlights the increasing importance of robotics and AI in shaping future industries. The funding round reflects optimism about AI’s potential to revolutionize automation and drive further innovation in the field.

China Mulls Yuan-Backed Stablecoins to Expand Global Currency Usage

The TradeWatch: China is reportedly considering allowing yuan-backed stablecoins to boost its currency’s global adoption, a major policy shift signaling increased fintech innovation and digital currency globalization.

Unpacked:

  • The State Council will review a roadmap this month to increase the global usage of the yuan, potentially aligning with the U.S. push for stablecoins.

  • Senior Chinese leaders are expected to meet and set the tone for stablecoins, defining the boundaries for their application and development in business.

  • This plan signifies a major shift in China’s approach to digital assets, after it banned cryptocurrency trading and mining in 2021 due to financial system stability concerns.

Bottom line: This move could reshape global finance by challenging the dominance of the U.S. dollar in the stablecoin market. If approved, this initiative will mark a significant step towards broader acceptance and utilization of the yuan on the international stage.

Target Names Insider Michael Fiddelke New CEO Amid Turnaround Effort

The TradeWatch: Target has appointed Michael Fiddelke as its new CEO, succeeding Brian Cornell in early 2026, as the company navigates ongoing market challenges and aims to revive growth.

Unpacked:

  • Fiddelke, a longtime Target insider, is tasked with accelerating the company’s strategy and improving performance amid a sales slump and changing consumer preferences.

  • Fiddelke plans to focus on improving merchandise quality and value, enhancing the shopper experience, and integrating more technology to help Target move faster and regain its market position among consumers.

  • The leadership transition comes as Target implements its Enterprise Acceleration Office initiative, with Fiddelke taking the helm on February 1, 2026 according to this report from Target (<2025-08-20/target-names-new-ceo-as-retailer-fights-to-reverse-sales-slump.md>).

Bottom line: This CEO change is a critical move for Target as it seeks to adapt to a dynamic retail environment and regain investor confidence. The success of Fiddelke’s strategies will determine whether Target can reverse its sales slump and re-establish itself as a leader in the retail sector.

CoreWeave: The AI Cloud Giant Outperforming Nvidia and Palantir

The TradeWatch: CoreWeave, a cloud AI infrastructure firm, experiences a massive surge, tripling its revenue year-over-year and securing a backlog exceeding $30 billion, surpassing the stock gains of Nvidia and Palantir this year according to this article.

Unpacked:

  • CoreWeave’s stock has jumped 125% since its IPO on March 28, driven by high demand for AI model training and deployment in the cloud, which exceeds both Nvidia and Palantir during the same period.

  • The company’s Q2 revenue tripled year-over-year to $1.21 billion, exceeding guidance, while its revenue backlog grew 86% year-over-year, fueled by new and expanded contracts, including an additional $4 billion contract with OpenAI.

  • To meet unprecedented demand, CoreWeave is rapidly expanding its AI data center infrastructure, increasing its contracted power capacity by 37% sequentially to 2.2 gigawatts, indicating substantial future growth potential and a massive total addressable market (TAM) projected to hit $400 billion by 2028.

Bottom line: CoreWeave’s rapid growth and substantial backlog position it as a significant player in the AI cloud infrastructure market, possibly outperforming even AI giants like Nvidia and Palantir in the long-term. With a more attractive valuation compared to its peers and outstanding growth potential, CoreWeave represents a notable investment opportunity in the AI space.

The Shortlist

AeroVironment rebounded in Q2 as the company showcased strong growth metrics.

AGCO Corporation crushing it in their latest performance report, indicating a bullish outlook.

Analog Devices grows as industrial and automotive sectors drive revenue expectations higher.

Cheers,

— Michael & the TradeWatch.io editorial team