Open-weights, local inference, and first-party hyperscaler models are challenging frontier labs like OpenAI and Anthropic, with newly crowned AI models spending only 41 days atop leaderboards before b…
Microsoft reported strong quarterly earnings driven by steady growth in its cloud and AI businesses, with Azure revenue up 33% year-over-year, as the company focuses on operational efficiency rather t…
Bot detection startup Spur Intelligence reported 210% year-over-year new business growth, 109% net dollar retention, 0% gross churn, and 42% year-over-year growth in annual recurring revenue in the se…
Nvidia has reportedly offered a $250 billion financial backstop for a 10-gigawatt data center complex in Ohio being built by SoftBank unit SB Energy for OpenAI, aiming to secure long-term chip demand …
Intel reported second-quarter revenue growth of 25%, its largest gain since 2011, after the federal government pushed favorable long-term contracts on the chipmaker. Monday.com announced it will cut ~…
Alphabet reported Q2 2026 revenues of $119.80 billion, beating the $116.93 billion estimate, but missed on adjusted EPS at $2.85 versus $2.89 expected. Shares fell nearly 7% as Google Cloud revenue ro…
The United States is changing how it allocates research funding, with a focus on investing in individual scientists over legacy institutions and increasing funding to AI research, according to the Dir…
Anduril, the Silicon Valley defense prime, unveiled Thunder, a twin-rotor autonomous VTOL drone that can launch vertically and fly in a straight line, claiming it has more 'stowed kills per sortie tha…
Open source AI cannot be banned, argues a new analysis, as the technology's decentralized nature makes prohibition impractical. The piece highlights that attempts to restrict open source AI would stif…
Moonshot, a Chinese AI company, has released Kimi K3, an AI model that the company claims matches the performance of leading American models, marking a significant step in China's AI development. The …
TSMC reported second-quarter earnings that beat analyst expectations, with earnings per share rising 77% year-over-year and revenue growing 36%, but shares fell as the company raised its 2026 capex fo…
Uber has reversed its long-standing opposition to regulation, now supporting a federal framework for ride-hailing and delivery services that would preempt state and local rules, according to a company…
German defense AI startup Helsing raised a $1.8 billion Series E at an $18 billion valuation, with demand for equity outstripping shares offered, as European militaries increasingly adopt AI-infused a…
AI companies including Meta, SpaceX, and OpenAI are racing to release cheaper, faster models, intensifying competition in the AI market. This comes as memory chip makers like SK Hynix go public and ra…
SpaceXAI released a new AI model, while major tech companies reshape the benchmark conversation amid a decline in AI confidence. London sees increased AI investment, with Mistral opening an office and…
Microsoft is reasserting control over its AI strategy as OpenAI prepares to launch GPT-5.6 Sol, Terra, and Luna models after securing Trump administration approval. The move comes amid rising oil pric…
The Chinese government is considering restricting overseas access to its most advanced AI models and limiting foreign funding of domestic AI startups, which could end the era of cheap open-weight AI m…
Meta announced plans to sell excess AI compute to third parties, surprising investors and causing shares of neocloud providers CoreWeave and Nebius to drop 19% and 23% respectively. The move comes ami…
OpenAI proposed giving the U.S. government a 5% stake in AI labs, including itself and Anthropic, to create a sovereign wealth fund worth an estimated $600 billion. The plan faces significant hurdles,…
Anthropic faces scrutiny over its deal with Google, as critics argue the AI startup gave up too much control and future upside in exchange for cloud credits and funding. The arrangement, which include…