The European Union's AI Act, which entered into force on August 1, 2024, began enforcing its 'unacceptable risk' prohibitions on February 2, 2025, banning eight categories of AI systems including soci…
Horizon3.ai closed a $250 million Series E funding round, valuing the San Francisco-based cybersecurity startup at roughly $2 billion, up from above $750 million after its $100 million Series D in mid…
Iranian drone strikes hit three Amazon Web Services data centers in the UAE and Bahrain starting March 1, 2026, causing structural damage and service disruptions in the first confirmed deliberate targ…
Public Bitcoin mining companies have signed over $70 billion in AI and high-performance computing contracts, with some firms potentially deriving up to 70% of revenue from AI by end of 2026, according…
Morgan Stanley raised its forecast for global hyperscaler capital expenditures to roughly $1.2 trillion by 2027, up from an earlier estimate of $1.116 trillion, with 75% of spending driven by AI infra…
Apple unveiled a sweeping overhaul of Siri on June 8, integrating AI from OpenAI's ChatGPT and Google's Gemini, and directly benchmarked its features against those competitors. The upgrade, the most s…
Olix Computing, a UK-based AI chip startup founded in 2024, closed a $312 million Series B at a $3.3 billion post-money valuation, marking Europe's largest semiconductor funding round. The company, wh…
Emerald AI, a startup founded in 2024 by Varun Sivaram, is seeking approximately $100 million in new funding to challenge Nvidia's dominance in AI infrastructure, with a valuation potentially exceedin…
Bernstein projects the global server market will exceed $1 trillion by 2028, driven by accelerating AI infrastructure spending, according to its Q2 2026 AI tracker report released on August 3, 2026. T…
A CEO spent $10,000 on AI model API credits to hunt for vulnerabilities in Bitcoin's codebase, highlighting a shift toward AI-powered security research in crypto. Immunefi CEO Mitchell Amador describe…
France lowered its foreign direct investment screening threshold from 25% to 10% of voting rights for non-European investors in sensitive sectors, including cryptology, artificial intelligence, and se…
The European Union has intensified regulatory scrutiny over AI firms Anthropic and OpenAI under the EU AI Act, which became fully applicable on August 2, 2026, granting the European Commission direct …
Alibaba unveiled Qwen3.8-Max, an AI model with 2.4 trillion parameters designed for autonomous coding tasks lasting over 10 days, positioning it against models from Anthropic and OpenAI. The company p…
June, a stealth startup, has emerged with $20 million in pre-seed funding to simplify AI adoption for enterprises, a substantial amount compared to the typical $1 million to $5 million for pre-seed ro…
Truist Securities analyst Matthew Niknam upgraded Corning Incorporated from Hold to Buy on August 3, setting a $175 price target, citing AI-driven demand for optical communications. Corning's optical …
Paris Saint-Germain is reportedly partnering with Google to develop AI technology, though no official announcement has been made as of August 3, 2026. The French football club, which publicly announce…
Olix Computing, a UK-based startup founded by 25-year-old Thiel Fellow James Dacombe, closed a $312 million Series B at a $3.3 billion valuation to scale its photonic AI chips, up from roughly $1 bill…
Top AI researchers are leaving Google DeepMind for rivals such as OpenAI and Anthropic, including Noam Shazeer, co-author of the Transformer paper, who moved to OpenAI, and John Jumper, leader of the …
Moody's upgraded SK Hynix to A3+ with a stable outlook on August 3, 2026, completing a clean sweep of credit rating upgrades by all three major agencies in 2026, following S&P's BBB+ upgrade on Februa…
ChangXin Memory Technologies (CXMT), China's largest domestic DRAM chipmaker, plans to build a second chip fabrication plant in Beijing and is seeking fresh funding, aiming to more than double product…