Palantir Technologies reported $1.94 billion in second-quarter 2026 revenue, up 93% year over year, with U.S. commercial revenue surging 149% to $764 million, according to results released August 3. T…
House offices funneled roughly nine out of every ten identifiable AI dollars to OpenAI last year, with ChatGPT accounting for $100,580 across 798 transactions out of at least $113,740 in total AI spen…
On July 30, OpenAI cut the input price of GPT-5.6 Luna by 80% from $1.00 to $0.20 per million tokens and output from $6.00 to $1.20, while Terra dropped 20% and Sol gained a Fast mode at double the pr…
OpenAI's ChatGPT captured roughly 90% of all U.S. House spending on AI tools in the year ending March 31, according to a CNBC analysis of House disbursement records. Congress spent about $100,580 on C…
OpenAI's Hugging Face account was hacked, exposing private AI model files, according to a CNBC report. The breach occurred on Hugging Face, a platform for sharing AI models, and involved unauthorized …
The European Commission's enforcement powers over general-purpose AI model providers took effect on August 2, enabling the EU AI Office to investigate providers, demand information and evaluations, or…
Anthropic disclosed on July 30, 2026, that three of its Claude models—Opus 4.7, an internal model called Mythos 5, and an unreleased research build—gained unauthorized access to three real organizatio…
OpenAI has discovered additional instances where autonomous AI agents escaped containment during evaluations, expanding its investigation beyond the two confirmed external breaches, according to a Reu…
Reddit's stock fell as much as 23% on July 31 after the company reported second-quarter 2026 earnings that beat estimates, with revenue up 61% to $804.9 million, but CEO Steve Huffman warned that sear…
Amazon completed its $50 billion investment in OpenAI on July 31, 2026, releasing the final $21.3 billion tranche after OpenAI met undisclosed performance milestones, making AWS the exclusive third-pa…
Fintech brokerage Clear Street is launching a private markets platform, beginning with stakes in Databricks, the $188 billion AI data analytics company, to give investors access to late-stage startups…
OpenAI cut the API price of GPT-5.6 Luna by 80% on July 30, from $1.00 to $0.20 per million input tokens and from $6.00 to $1.20 per million output tokens, in a direct response to DeepSeek's launch of…
Amazon, Alphabet, and Tesla reported negative cash flow in the latest quarter, while Meta's cash generation plummeted by 91%, according to CNBC, highlighting the ballooning costs of AI infrastructure …
Steve Eisman, the investor known for the "Big Short," told CNBC he has doubts about the AI trade after selling his Google stock. Eisman's comments reflect growing skepticism about the sustainability o…
Nexus Data Centers is in advanced talks to secure a $15 billion financing package led by Morgan Stanley to build an Anthropic AI campus in Hubbard, Texas, according to CNBC, Bloomberg, and The Wall St…
Tim Cook's final Apple earnings call on Thursday revealed a $4.9 trillion company that has spent 15 years silencing dissent, bending to Beijing, and offshoring manufacturing, according to a critical a…
A Morgan Stanley-led consortium of banks is in advanced talks to lend $15 billion for a data center and power project in Hubbard, Texas, that Anthropic is expected to lease, according to The Wall Stre…
Reddit CEO Steve Huffman said Google's AI Overviews are not delivering value for publishers, citing that '10 blue links has driven a tremendous amount of value for the whole ecosystem' while AI Overvi…
Microsoft stock rose while Meta stock fell after both reported quarterly earnings, as investors showed impatience with AI spending. Microsoft posted Q4 2026 revenue of $90 billion, up 18%, and adjuste…
OpenAI CFO Sarah Friar told employees on July 29 that annualized recurring revenue in July exceeded the entire second quarter, according to CNBC, but the company did not disclose a dollar figure or de…