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…
Palantir published a 9-point manifesto on X advocating for 'AI sovereignty,' urging companies to retain data in-house and criticizing 'tokenmaxxing' as false progress. The post warns against outsourci…
Abu Dhabi sovereign wealth fund MGX closed a $49 billion AI fund on July 1, 2026, exceeding its initial $45 billion target. The fund, one of the largest focused on AI, has already backed 14 companies …
Perplexity CEO Aravind Srinivas said the future of AI depends on maximizing economic value per unit of energy, not building larger data centers. The company reported 45 million monthly active users an…
KKR and SK Inc. launched a $1.3 billion renewable energy platform in South Korea, with KKR taking a 51% stake and management control. The platform starts with 1.7 GW of operating capacity and targets …
Ford, Commonwealth Bank, and IBM are rehiring staff after AI-driven layoffs backfired, with Ford re-employing 350 engineers to fix quality problems and Commonwealth Bank reversing cuts to 45 customer …
China-linked cyberattacks are increasing and expanding beyond specific technology targets as the U.S.-China AI competition intensifies, analysts warn.…
CNBC's Jim Cramer said the AI trade has shifted, with Wall Street now rewarding suppliers of the artificial intelligence boom rather than the technology giants funding it.…
CNBC president KC Sullivan said the financial news network is on offense after the Versant Media spinoff, focusing on multiplatform digital transformation and leveraging AI disruption as an opportunit…
A record rally in chip stocks added $2 trillion in combined value to Micron, Intel and AMD in the second quarter, as the artificial intelligence boom expanded beyond Nvidia to include more suppliers.…
Palo Alto Networks and CrowdStrike reported record quarterly results, with shares surging 95% and 113% respectively, driven by demand for AI-powered cybersecurity. The companies have partnered with An…
Exelon CEO Calvin Butler warned that U.S. blackouts could begin as early as 2027 due to surging energy demand from AI data centers, which have pushed grid capacity to its limits. Nearly 400,000 Exelon…
The Trump administration has reportedly approached SpaceX about donating company stock to Trump Accounts, a new children's savings program, but current Treasury guidelines prohibit stock donations. Ov…
Google has made its personalized image generation feature, powered by Nano Banana, free for all eligible US users, removing the previous paywall. The feature pulls context from users' Gmail, Google Ph…
Alphabet joined the Dow Jones Industrial Average on June 29, with its stock rising about 4% on the debut, making it the sixth-largest weight in the index at roughly 4%. Despite the symbolic milestone,…
The Bank for International Settlements warned that a $1 trillion AI capital expenditure boom by hyperscalers could trigger a financial bust if returns disappoint, with Bitcoin acting as a fast-reactin…
OpenAI is considering delaying its initial public offering until 2027 to achieve a $1 trillion valuation, according to a Bloomberg report. The delay has caused SoftBank's shares to drop 13% and affect…
Climate-driven heatwaves, storms, and water stress are raising operational and capital risks for large-scale AI data centers, with 79% of global capacity facing elevated acute climate hazard exposure.…
Alphabet executed an $85 billion share sale and SpaceX completed a record $75 billion IPO, with aggregated AI capex estimates rising into the hundreds of billions for 2026. SpaceX bond paper losses wi…
NVIDIA Corporation appears on lists of brain-computer interface stocks, but has underperformed in 2026 with a 12% year-to-date gain versus the VanEck Semiconductor ETF's 85% rise. The B200 compute pri…