Mercor, a startup that supplies domain experts to train AI models, is in talks for a $20 billion valuation, doubling its worth from eight months ago. The company, founded in 2022 by three college drop…
A commentator argues that artificial intelligence should be nationalized because the technology was built using the collective work of humanity and poses a massive social and economic liability. The a…
Tokenstead, a new web tool, lets users select their hardware to find compatible open AI models with speed estimates and cloud-pricing comparisons, aiming to enable local AI model usage independent of …
Lyzr, an enterprise AI agent startup, used its own AI agent, Agent Sam, to help raise a $100 million Series B round at a $500 million valuation. The agent handled investor questions and drafted memos,…
Man Group, the world's largest listed hedge fund manager, is aggressively integrating large language models into its trading operations, including a partnership with Anthropic to deploy Claude across …
Recruitment firms like Randstad are pivoting to specialized AI roles as generative AI automates routine hiring tasks, with demand for AI solutions leads up 226% and process automation specialists up 1…
Copper prices rose as much as 1% in London, snapping a two-day loss, as investors focused on optimism over long-term demand from artificial intelligence rather than fresh US strikes on Iran. The indus…
Nvidia shares have fallen about 16% since May 14, 2026, wiping out roughly $1 trillion in market value and pushing the stock's forward valuation back toward pre-AI-boom levels, according to Bloomberg …
Apple plans to release a new Apple TV 4K in 2026 with an A17 Pro chip, Wi-Fi 7, and Bluetooth 6, but the launch is delayed until after Siri AI features debut in iOS 27. The device will retain the same…
OpenAI secured a $520 million line of credit from Bank of America, which had previously declined an earlier loan request, according to Bloomberg. The credit facility is tied to OpenAI's preparations f…
Paradigm raised a $1.2 billion fund to invest beyond crypto, including artificial intelligence and robotics, according to Bloomberg. The fund has already backed an autonomous drone delivery startup va…
Apple, Samsung, and Google are set to launch competing foldable smartphones in the coming weeks, with prices around $2,000. Samsung's Galaxy Z Fold 8 debuts July 22, Google's Pixel 11 Pro Fold on Augu…
China will allow Alibaba, ByteDance, and DeepSeek to purchase Nvidia's H200 chips for AI model training, but total approvals are capped at fewer than 200,000 units, less than half of what the companie…
Samsung Display has scrapped development of a lower-cost display component for Apple's rumored cheaper Vision Pro headset, as Apple shifts resources toward AI smart glasses. The G-VR panel project, wh…
Mistral AI released a new robotics navigation model called Robostral Navigate, enabling robots to navigate complex environments using a single camera and basic language prompts. The French startup is …
British Columbia is exploring legal action against OpenAI for failing to alert authorities to threats made on ChatGPT before a February mass shooting in Tumbler Ridge that killed eight people. Attorne…
Iluvatar CoreX, a Shanghai chipmaker, is seeking to raise about $850 million from investors as its share price has more than tripled since January, driven by US export controls on Nvidia chips that ha…
Nvidia's stock has fallen to its lowest valuation since 2019, trading at 18.4 times expected earnings, as investors shift focus to other AI companies. The decline has reduced Nvidia's correlation with…
Goldman Sachs warns that the wave of AI-fueled earnings surprises that boosted stocks last quarter will be hard to repeat, making a major rally from results alone unlikely. The bank's head of asset al…
Microsoft announced plans to replace OpenAI and Anthropic models with its in-house MAI models in Microsoft 365 Copilot, aiming to reduce costs and increase self-reliance. The shift, reported by Bloomb…