VideoAmp laid off 20% of its staff, eliminating more than 50 roles including the chief technology officer position, citing adoption of AI agents, according to The Wall Street Journal. Roku reported pl…
Airbnb reported second-quarter 2026 revenue of $3.61 billion, up 17% year over year, beating analyst estimates of $3.58 billion, with earnings per share of $1.37 above the $1.19 estimate, and gross bo…
Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, made a US$400 million investment in chip manufacturing startup Source Foundry, backed by Sequoia Capita…
A new study from Aalto University found that using AI chatbots to solve reasoning problems flips the Dunning-Kruger effect, causing all users to overestimate their performance, with the most AI-litera…
Meta Platforms Inc. released Muse Code, an AI coding agent with two price tiers, offering a 75x discount on cached input tokens and a 10x discount on output tokens (20 cents per million) to users who …
Mercor, a three-year-old AI training company valued at $10 billion in October 2025, pays more than 30,000 contractors over $4 million daily to help make their own jobs obsolete, according to a July 20…
Middle managers accounted for nearly a third of all layoffs in 2023, up from around 20% five years earlier, and Gartner predicted that through 2026, 20% of organizations would use AI to flatten struct…
Citadel CEO Ken Griffin acquired Situational Awareness, the AI hedge fund founded by former OpenAI employee Leopold Aschenbrenner, after the fund suffered significant losses. The Wall Street Journal's…
Anaconda, a data science platform provider, announced the acquisition of Enkrypt AI, an AI security and safety company, to embed trust into the AI-native development lifecycle. Enkrypt AI's data shows…
Google's Pixel 9 Pro Fold, referred to as the Fold 8 in a newsletter, is highlighted as part of a broader trend of smartphones becoming more enjoyable and unconventional, according to 9to5Google's Inb…
Intel reported second-quarter revenue of $16.1 billion on July 23, up 25% year-over-year, its strongest growth in over 15 years, driven by a 59% jump in Data Center and AI revenue to $6.3 billion. The…
LemonLime, a five-person Y Combinator-backed AI startup, offered instant job interviews to attendees who got lemon-slice-themed tattoos at a Startup School afterparty in San Francisco in late July, an…
Jacob Tsimerman, a University of Toronto mathematician and 2022 Fields Medal winner, has joined OpenAI as a researcher despite his public fears about AI's risks, according to The Wall Street Journal. …
Nvidia is in talks to guarantee up to $250 billion in financing for OpenAI's data center projects, according to a report by The Wall Street Journal. The potential deal would involve Nvidia providing f…
The White House Office of Science and Technology Policy released a report and memo Tuesday directing billions in federal research funds toward AI and away from universities, aiming to prioritize indiv…
Dubai and Abu Dhabi in the United Arab Emirates are aggressively building AI data centers, including the Stargate UAE project with OpenAI and Oracle, aiming to become a neutral AI corridor between Eas…
Situational Awareness, a US hedge fund founded in 2024 that bet heavily on AI supply chain stocks, saw its portfolio value plummet 67 per cent in July and was forced to sell billions of dollars in tec…
Shares of Situational Awareness, an AI-focused company, fell 67% in July amid a broader rout in AI stocks, according to The Wall Street Journal. The decline reflects investor concerns about the sustai…
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…
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…