Meta released Muse Glimmer, a 30-billion-parameter AI model that runs on a single consumer GPU without cloud connectivity, on August 10. The model, compressed to under 20 GB via logit distillation, qu…
Discovered Materials, a San Francisco startup from Y Combinator's Spring 2026 batch, raised $9 million to deploy AI agents that discover semiconductor materials in months instead of decades. Co-founde…
UBS analysis shows OpenAI and Anthropic could account for more than 48% of Google Cloud's revenue by 2027, up from a projected 27% in 2026, raising concerns about Alphabet's infrastructure bet. Google…
Intel plans to raise $15 billion by selling common stock, one of the largest equity raises in semiconductor history, to fund its capital expenditure guidance of over $20 billion for 2026 and its expan…
Charles Schwab launched its first generative AI capability for self-directed retail clients on May 5, rolling it out across its website and app with plans to reach all US-based self-directed clients b…
Erebor Bank, the digital national bank co-founded by Oculus founder and Anduril Industries chief Palmer Luckey, is in talks to raise approximately $1.5 billion at a valuation of at least $8 billion, n…
JPMorgan raised its year-end S&P 500 target to 8,000 from 7,800, projecting a 3.1% gain from the index's recent close of 7,757.64, citing stronger corporate earnings and AI-driven revenue growth. The …
BlackRock raised between $12.3 billion and $12.5 billion through a bond issuance to fund an 80% stake in Meta's $14 billion data center campus in El Paso, Texas, with Meta retaining 20% and leasing th…
Monday.com reported Q2 2026 revenue of $364.6 million, up 22% year-over-year, and record non-GAAP operating income of $61.1 million, as AI-related annual recurring revenue doubled and now accounts for…
OpenAI published a blog post on August 3 rebutting Apple's trade secrets lawsuit, which was filed July 10, 2026, in the US District Court for the Northern District of California. Apple responded by se…
SK Group is lobbying South Korean regulators to ease capital-raising rules so that Solidigm, its US-based NAND flash and enterprise storage unit, can pursue a Nasdaq listing, potentially raising $3.5 …
South Korea announced the creation of the Future Response Fund on July 5, a vehicle that will channel surplus semiconductor tax revenues into chips, physical AI, and AI data centers, as part of a broa…
Rep. John Moolenaar, the Michigan Republican chairing the House Select Committee on the Chinese Communist Party, is urging the Commerce Department to impose tighter export controls on advanced AI chip…
Meta CEO Mark Zuckerberg criticized OpenAI and Anthropic for their closed AI development approach, calling it un-American and arguing it concentrates too much power, as Meta pivots back to open-source…
Meta Platforms Inc. is developing a fully private mode for its upcoming personal AI agents, designed so that even Meta cannot access conversations, building on its Incognito Chat feature launched May …
Meta launched Muse Spark 1.2 on August 5, 2026, a flagship coding model with a one-million token context length and improved first-attempt coding accuracy, available exclusively through the Meta Model…
OpenAI's newest policy hire, Dean Ball, who joined on July 6 as Head of Strategic Futures, has angered White House AI and crypto czar David Sacks and a senior Pentagon official by suggesting on X that…
Senator Bernie Sanders has urged OpenAI, Anthropic, and Meta to pause AI development, warning that the Senate could intervene if necessary. The call aligns with Sanders' AI Data Center Moratorium Act,…
OpenClaw, an open-source AI agent created by Austrian programmer Peter Steinberger, has seen widespread adoption in China, with Tencent and Baidu hosting setup events and local governments offering su…
Apple is lobbying the Trump administration for permission to buy memory chips from ChangXin Memory Technologies (CXMT), a Chinese manufacturer blacklisted by the Pentagon on June 8, 2026, as AI data c…