An unverified report claiming IBM warned that the AI boom is squeezing software budgets triggered a sector rout, but no verifiable evidence of such a warning exists as of July 2026, according to resea…
Elon Musk's AI company xAI installed 59 natural gas turbines across two supercomputer sites in Memphis, Tennessee and Southaven, Mississippi without obtaining required federal clean air permits under …
Chinese AI startup DeepSeek is considering a new funding round at a $71 billion valuation, just six weeks after closing a $7 billion round at a $52 billion valuation, according to the Financial Times.…
Flex, an AI-driven financial platform for mid-market businesses, doubled its valuation to $1.2 billion after raising $60 million in Series B funding led by Portage Ventures, up from $500 million earli…
Robinhood's new Arbitrum-based Layer-2 network, Robinhood Chain, generated $77 million in agent volume and saw over 2,100 agents deployed in its first week after launching around July 1, 2026. The cha…
Applied Optoelectronics Inc. (NASDAQ: AAOI) is adding roughly 388,000 square feet of new manufacturing space in Pearland, Texas, bringing its total Houston-area production capacity to approximately 90…
JPMorgan Chase CEO Jamie Dimon warned on July 12, 2026, that artificial intelligence poses cyber threats as the single biggest risk, while geopolitical tensions involving Iran, Ukraine, and China coul…
Freya Beamish, chief economist at GlobalData TS Lombard, is urging the Federal Reserve to tighten monetary policy now to curb inflationary pressures from the AI boom, arguing that AI-driven capital sp…
Nebius Group has agreed to sell more than $1 billion in computing power to Reflection AI, a US-based AI research lab founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Anto…
SK Hynix's American depositary receipts began trading on Nasdaq under ticker SKHY on July 10, with the $26.5 billion offering more than 7 times oversubscribed. Retail traders are piling into options a…
Galaxy Digital appointed former Xerox CEO Steven Bandrowczak as an independent director, bringing large-scale technology infrastructure experience to the firm as it transforms its Helios campus in Wes…
Samsung Electronics has ruled out listing shares in the United States or issuing American depositary receipts, the Korean tech giant announced, quashing speculation about a US capital market move whil…
Elon Musk's xAI has been operating dozens of unpermitted methane gas turbines at its Colossus 2 data center in Southaven, Mississippi, releasing over 1,700 tons of nitrogen oxides and other pollutants…
Tower Semiconductor announced a $3 billion expansion of its 300mm semiconductor facilities in Japan, backed by $1 billion in grants from Japan's Ministry of Economy, Trade, and Industry. The expansion…
A growing number of firms are pulling back on open-ended AI spending policies after discovering that encouraging employee experimentation translates into large invoices, a shift dubbed 'Tokenpocalypse…
Chinese AI startup DeepSeek is in discussions for a new funding round that would value it at $71 billion on a pre-money basis, according to the Financial Times, just weeks after closing its first exte…
Google DeepMind CEO Demis Hassabis is calling for a US-led AI watchdog funded by the industry that would have the power to screen advanced models before release and coordinate an industry-wide slowdow…
China's May exports surged 19.4% year-over-year, driven by a 110.9% jump in integrated circuit shipments, as global AI hardware demand masks deepening weakness in the domestic economy where car sales …
Senate Commerce Committee Chair Ted Cruz is targeting July 29 for a markup session on artificial intelligence legislation, with a focus on bills addressing AI innovation and online safety for children…
Meta has sold over 7 million AI-enabled smart glasses in 2025, up from 2 million cumulative units in 2023-2024, and plans dozens more models including codenamed projects Modelo and Luna, but faces gro…