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…
Startup exits valued at $1 billion or more have reached their highest level since 2021, with 13 such liquidity events in Q2 2026, driven partly by SpaceX's IPO. Meanwhile, AI labs like Anthropic and O…
The US and China are engaged in an AI-cybersecurity cold war, with open Chinese AI models advancing while US cyberweapons remain unavailable. South Korea plans a $590 billion investment in chipmaking …
California voters will decide in November on a one-time 5% tax on billionaires after backers of the initiative declined to withdraw it by the deadline, despite opposition from the state's governor. Th…
Micron Technology reported record Q3 FY26 revenue of $41.16 billion, up 74% sequentially and 346% year-over-year, with net income surging 1,400% to $28.2 billion. The memory maker's strong performance…
OpenAI's new custom AI chip is designed to accelerate model training and inference, reducing reliance on external suppliers like Nvidia. The move aims to cut costs and boost performance as OpenAI scal…
SpaceX closed a $150 million per month AI compute deal with open-source startup Reflection AI, converting itself into a neocloud provider. Meanwhile, AI infrastructure startup Baseten raised a $1.5 bi…
Lime, the electric scooter company backed by Uber and Alphabet, filed to go public with updated SEC documents revealing $886.7 million in 2025 revenue but seasonal losses in Q1 2026, highlighting the …
JD Vance, the Republican vice presidential nominee, has expressed support for stakeholder capitalism, a shift from his previous free-market views. In a speech, he argued that corporations should consi…
Intel shares surged 237% this year after the Trump administration converted grants into a 10% equity stake, with President Trump claiming Apple will design chips with Intel in the U.S. Amazon launched…
Mistral AI has emerged as a major force in the AI startup landscape, with its models gaining significant traction and attention. The company's latest developments, including competitive pricing and st…
The White House's blocking of Anthropic's Mythos and Fable AI models from European allies is driving foreign nations to accelerate open-source AI adoption and build independent AI hubs, benefiting com…
Anthropic released Fable 5, a restricted version of its powerful Mythos AI model, on June 9 after months of tension with the White House over access and safety. The company had previously limited Myth…