Asian markets fell sharply on July 7, 2026, with South Korea's Kospi dropping 7.6% and shares of Samsung Electronics and SK Hynix each slumping 8.7%, despite Samsung reporting a 19-fold surge in opera…
Samsung reported a preliminary operating profit of about $58 billion for its latest quarter, beating forecasts by 6%, but its stock fell over 9% as investors expected even stronger results from the AI…
Anthropic CEO Dario Amodei revealed in a Bloomberg interview that he has only one direct report, chief of staff Avital Balwit, while his sister and co-founder Daniela Amodei oversees all other executi…
FedFinder launched a free tool that pairs users' past performance with NAICS codes to help win government contracts. The platform aggregates data from SAM.gov, USAspending, and other public sources, o…
SpaceX has absorbed xAI and rebranded the combined entity as SpaceXAI, extending a February $1.25 trillion merger into an orbital-AI infrastructure strategy. The company has filed with the FCC for up …
Samsung's chip division workers are set to receive massive bonuses of up to 600 million won ($392,000) due to the AI boom, while consumer tech workers get only 6 million won ($3,900), sparking protest…
Bernstein raised its price target for ASML to $2,623, implying 48% upside, despite the stock more than doubling in the past year. The Dutch semiconductor equipment maker is Europe's most valuable comp…
Four major hedge funds—Balyasny, Two Sigma, Man Group, and D.E. Shaw—have independently converged on a common AI agent architecture for capital markets, featuring containment layers, audit trails, hum…
China's National Film Administration and State Administration for Market Regulation issued new guidelines encouraging cinemas to add AI concierge agents, karaoke booths, coffee shops, and merchandise …
IOS 27 beta 2 includes references to an upcoming Apple product codenamed B790, likely the rumored AirPods Pro with cameras. The system prompt found by developer Sam Henri Gold suggests the AirPods wil…
The US government took two major steps toward regulating AI as national infrastructure this week: the FTC opened a comment period proposing that undisclosed AI output manipulation may constitute consu…
The US government has inserted itself into the distribution chain of GPT-5.6, approving access customer by customer without published criteria, public denial lists, or appeals processes. This opaque g…
The semiconductor industry group SEMI warned the Trump administration against intervening in the memory chip market, arguing that price or production controls would worsen the ongoing shortage driven …
Meta CEO Mark Zuckerberg told staff that AI agent development has not accelerated as expected, admitting that the company's AI-focused restructuring has not yet yielded the anticipated benefits. Meta …
Meta plans to rent out its excess AI computing capacity, joining Amazon and Microsoft in the cloud computing market, according to Bloomberg. The move allows Meta to monetize its AI infrastructure inve…
Uber Technologies dismissed two senior leaders in its AI data labeling division, Uber AI Solutions, according to a Bloomberg report. The unit, launched in November 2024, competes with Scale AI by leve…
Meta stock surged 10% on Wednesday after Bloomberg reported the company plans to launch a cloud business selling excess AI compute capacity, putting it in competition with Microsoft, Amazon, and Alpha…
Meta is building a cloud business to sell access to AI models and computing capacity, entering competition with Amazon Web Services, Microsoft Azure, and Google Cloud. The move follows Meta's heavy in…
Meta Platforms is developing a cloud business to sell excess AI computing capacity and offer access to hosted models, according to reports. The plans, still in development, could include renting raw G…
Meta shares surged after Bloomberg reported the social media giant plans to launch a cloud business selling excess AI compute, joining hyperscaler peers. The move could improve Meta's cash flow outloo…