Ethereum (ETH) outperformed the Roundhill Memory ETF (DRAM), a basket of global memory chip companies tied to the AI boom, by 55 percentage points in one month, according to Fundstrat's Tom Lee. Lee a…
Zhongji Innolight has secured more than 30 cornerstone investors for its US$8 billion Hong Kong IPO, set for July 30, which would be the city's largest listing in seven years. Nearly half the base sha…
BlackRock CEO Larry Fink warns that China's massive buildout of 100 GW of nuclear power and nearly 100 GW of solar power gives it a decisive edge in the AI energy race, potentially leaving the US and …
A consortium including BlackRock's Global Infrastructure Partners, MGX, and the Artificial Intelligence Infrastructure Partnership is acquiring Aligned Data Centers for approximately $40 billion, the …
BlackRock is leading a debt sale of more than $12 billion to fund a Meta data center campus in El Paso, Texas, with the bonds issued by a company holding an 80% stake in the project while Meta owns th…
BlackRock is preparing to sell more than $12 billion in bonds to finance a data center campus in El Paso, Texas, in one of the largest single debt deals tied to AI infrastructure this year. The bond s…
Palantir CEO Alex Karp estimated that AI could make him 20 times wealthier, with his fortune potentially reaching $300 billion, while middle-class workers might only see their salaries double over the…
Palantir CEO Alex Karp, with a net worth of $15 billion, warned that AI will make him 20 times wealthier while middle-class workers see only modest raises, calling the disparity a "complete decoupling…
BlackRock's iShares MSCI South Korea ETF (EWY) pulled in a record $281 million on February 12, driven by investor demand for SK Hynix, which accounts for roughly 23% of the fund's holdings. The memory…
Airbnb CEO Brian Chesky's X account was hijacked on Monday to post an AI-generated thread promoting real-world asset tokenization that accumulated over 700,000 views before deletion, according to a so…
Pope Leo XIV and BlackRock CEO Larry Fink are among a growing coalition of leaders calling for an ownership economy that broadens worker equity as AI reshapes work and productivity. OpenAI has propose…
UCAS data shows acceptances to English Studies fell from 10,020 in 2011 to 6,980 in 2020, a drop of nearly 30%, while History and Philosophical Studies declined from 15,060 to 12,870 over the same per…
OpenBox AI has joined Temporal's AI partner ecosystem and shipped an integration that injects runtime governance checks into Temporal workflows for long-running enterprise agents, announced July 13. T…
George Sivulka, CEO of AI platform Hebbia, argued that well-managed AI agents can cost $4 to $7,000 per hour, compared to roughly $80 per hour for human engineers, making token management the new comp…
BlackRock estimates corporate AI spending could reach between $5 trillion and $8 trillion by 2030, citing power, politics, and financing as key constraints in its Midyear Global Outlook. The asset man…
Bitcoin ETFs lost $4.67 billion in the second quarter as investors shifted capital into AI and semiconductor stocks, according to Business Insider and MarketWatch. BlackRock's iShares Bitcoin Trust fe…
Mutual funds are increasingly channeling private debt from AI data centers, with outstanding loans surpassing $200 billion and an additional $800 billion expected over two years. Companies like Meta, …
SambaNova, an AI chip startup, raised fresh funding at an $11 billion valuation, up from roughly $2 billion earlier this year, as investors race to back alternatives to Nvidia. The company builds chip…
SambaNova announced a $1 billion Series F first close on July 8, 2026, at an $11 billion post-money valuation, led by General Atlantic with participation from Seligman Ventures, T. Rowe Price, and Cap…
SambaNova completed a $1 billion funding round at an $11 billion valuation led by General Atlantic, and signed JPMorganChase as a customer for its AI inference systems. The company plans to use the fu…