Rillet, an AI-native ERP startup co-founded by CEO Nicolas Kopp and backed by former Sequoia partner Roelof Botha, is challenging legacy incumbents Oracle, SAP, and Workday by replacing batch accounti…
Apple's next CEO must fix Siri to secure the company's AI future, according to Daniel Newman, CEO of Futurum Group, who told CNBC on August 31 that Apple's AI assistant has lagged rivals and that inco…
President Trump on Monday defended the U.S. data center buildout, posting 'let Data Reign' and warning that killing the 'Golden Goose' would leave critics 'backwards and poor,' even as rising utility …
SpaceX closed a $60 billion stock acquisition of Cursor's parent company in August, inheriting a coding tool that Russian-speaking hackers from the Aurora ransomware group manipulated into breaching a…
President Donald Trump warned in a Truth Social post on August 31, 2026, that U.S. communities blocking data centers will become 'backwards and poor,' as a Gallup survey found 71% of Americans oppose …
Heritage Foundation chief economist EJ Antoni warned that the Trump administration's proposed semiconductor tariffs could raise chip import costs before new U.S. fabs are operational, citing Micron's …
Elon Musk endorsed Cathie Wood's prediction that AI-driven growth could push real GDP growth toward double digits, with Wood citing a 25-fold increase in tokens inferenced over the past year. Actual U…
OpenAI cut off model access for Cursor on Friday after SpaceX completed its $60 billion acquisition of the coding platform, citing concerns that SpaceX will not comply with its terms of service based …
Federal Reserve Chair Kevin Warsh said at Jackson Hole on August 28, 2026, that artificial intelligence may become a new factor of production, alongside labor, capital, and land, with annualized token…
Meta Platforms is testing robots from Watney Robotics, Kinova, and ABB in its data centers to perform tasks like swapping networking cables and power-cycling servers, a move that could replace up to 8…
Kevin Warsh, in his first Jackson Hole speech as Federal Reserve chair, rejected the wage-push theory of inflation, arguing that price pressures stem from government spending and money creation rather…
Wedbush analyst Dan Ives told CNBC on Thursday that the U.S. has taken the technology lead from China for the first time in 30 years, citing NVIDIA, hyperscalers, and Palantir, but warned that the Tru…
Kansas City Fed President Jeff Schmid told CNBC at Jackson Hole that inflation is 'still stubborn and it's still sticky,' with headline PCE at 3.7% and core PCE at 3.34% in July, both above the Fed's …
More than 100 companies, including Google, Microsoft, Anthropic, OpenAI, Capital One, Mastercard, Visa, Adobe, Oracle, IBM, Hugging Face, and General Motors, signed an open letter on August 27, 2026, …
Two Wall Street strategists, Liz Ann Sonders of Charles Schwab and Diane Swonk, separately argued this week that tariffs and the AI capital spending boom are keeping U.S. inflation stuck above the Fed…
Apple Inc. is cutting more than 200 positions across its Vision Pro and Siri-related software organizations, including roughly 100 from Siri, machine learning, and software development teams, accordin…
OpenAI announced its first custom inference chip, Jalapeño, on August 25, 2026, claiming it outperforms Nvidia's GB200 and GB300 accelerators by 1.5 to 1.9 times more AI work per watt and 1.7 to 3.6 t…
IREN Limited (NASDAQ:IREN) stock fell 6% to $39.85 midday Wednesday as traders de-risked ahead of its fiscal fourth-quarter 2026 earnings report Thursday, while Core Scientific (NASDAQ:CORZ) declined …
Jim Cramer questioned Nvidia's roughly $30 billion investment in OpenAI ahead of Nvidia's second-quarter earnings report on Wednesday, August 26 at 4:20 PM ET, arguing that the capital is financing a …
A 64-year-old engineer who left a large technology company for a private AI startup and began collecting Social Security may have his benefits withheld because restricted stock that vests counts as wa…