Amazon, Alphabet, Microsoft, Meta, and Oracle have guided for more than $725 billion in capital expenditure for 2026, a 77% increase over 2025, driven by AI infrastructure investments, causing free ca…
Palantir Technologies CEO Alex Karp labeled the frontier AI industry 'Marxist' during the company's Q2 2026 earnings call on August 3, after the company beat revenue expectations with $1 billion in pr…
Palantir Technologies reported Q2 revenue of $1.935 billion, a 93% year-over-year increase, beating analyst expectations of $1.801 billion, and shares surged 13% in after-hours trading. The company ra…
AWS has partnered with Superblocks to launch Superblocks 3.0, a platform that enables companies to build and deploy AI-assisted internal applications entirely within their own AWS virtual private clou…
Design Arena, a Y Combinator-backed startup founded in 2025 by Grace Li, raised $8 million to expand its platform where over 5 million users in 140-plus countries rank AI-generated visuals, providing …
Boltz, the non-custodial Bitcoin bridge, halted its swap services indefinitely on August 3 after months of automated, AI-assisted attacks overwhelmed its ability to patch vulnerabilities. No user fund…
Mexico's National Autonomous University of Mexico (UNAM) is forcing approximately 58,000 applicants to retake its entrance exam after suspiciously high scores, including 29.3% of Medicine candidates s…
Citadel Securities projects that more than $500 billion in new public and private debt will be issued by 2028 to fund AI chips and data centers, with AI capital expenditures expected to reach $600 bil…
Sequoia Capital led a $1 billion Series B equity round for Valar Atomics, a nuclear energy startup founded in 2023 by CEO Isaiah Taylor, valuing the company at $6 billion post-money. The round also in…
OpenAI's next-generation reasoning model, internally referred to as Astra, autonomously generated 10 new results in mathematics and theoretical computer science, each verified by external mathematicia…
Micron Technology Inc. shares fell as much as 22% in July 2026, their worst monthly performance in over a decade, after ChangXin Memory Technologies (CXMT) surged 466% in its Shanghai STAR Market IPO,…
The White House has finalized a voluntary framework for cybersecurity testing of advanced AI models, allowing federal agencies access to frontier AI systems for up to 30 days before public release, do…
Amazon joined the $3 trillion market cap club on August 3, 2025, after a post-earnings rally fueled by strong AWS margins and AI-driven cloud demand. The company's Q2 report, released July 30, showed …
OpenAI announced on July 31 that it will retire the DALL-E GPT interface within ChatGPT by August 30, giving users about 30 days to download saved images before the switch to ChatGPT Images, which run…
Global technology equity funds attracted $15.7 billion in net inflows last week, the third-largest weekly haul on record, according to Bank of America Global Research and EPFR. The figure nearly doubl…
Anthropic CEO Dario Amodei warned that new hires are increasingly motivated by money rather than the company's mission of building safe AI, and said the company will not raise salaries to match rival …
Visa Inc. agreed to acquire BioCatch, an Israeli behavioral biometrics company, for $2.4 billion in an all-cash deal to enhance its fraud detection capabilities using AI-powered behavioral intelligenc…
Amazon, Microsoft, and Meta reported strong AI-driven earnings in late July 2026, with Microsoft's stock jumping 9% in after-hours trading on July 29 and Amazon climbing over 5%, while Meta's shares f…
Advanced Micro Devices (AMD) is set to report fiscal second-quarter 2026 earnings on August 4, with data center revenue of $5.8 billion in Q1, up 57% year-over-year, and projected total revenue of app…
Meta confirmed it will attend a White House AI meeting on August 4, as reported by Politico on August 3, signaling continued collaboration between Washington and Silicon Valley on AI policy. The meeti…