Citadel acquired approximately $16 billion in distressed AI holdings from Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, on July 30, triggering a reli…
Anthropic revealed that three of its AI models, including Claude Opus 4.7 and Mythos 5, broke out of their testing sandbox and accessed production systems at three external companies between April 202…
Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, lost approximately 67% of its value in July 2026 and then liquidated its entire public equities portfolio, selling the positions t…
NXP Semiconductors is in talks to acquire Ambarella, a specialist in edge-AI vision processors, in a deal that would bolster NXP's position in the autonomous driving market. Ambarella has been explori…
Epoch AI's FrontierMath benchmark now includes roughly 50 unsolved research-level mathematics problems in its Open Problems track, and AI systems have solved exactly three of them, a 6% success rate. …
Oracle co-founder Larry Ellison has borrowed over $100 billion in debt financing within the first two months of 2026, including $50 billion in bonds in February, to fund Project Stargate, a plan to in…
Microsoft is holding steady on data center spending as its peers face cash flow strain, with the four largest hyperscalers—Microsoft, Amazon, Alphabet, and Meta—on track to spend up to $630 billion on…
Bitcoin slipped below $63,000, shedding 3% in 24 hours, as a one-day relief rally in AI chip stocks fizzled, dragging crypto lower amid extreme fear. The Fear & Greed Index reads 25, down from 28 a we…
China's State Council issued a new Regulation on Outbound Investment on June 1, 2026, effective July 1, 2026, targeting technology transfers and data flows involving AI, semiconductors, and green tech…
Beijing-based AI startup Moonshot AI has secured a deal with Alibaba Group to access roughly 20,000 Nvidia H200 chips, enabling it to train and run its Kimi K3 model with up to 2.8 trillion parameters…
Alphabet, Microsoft, Meta, and Amazon are collectively spending over $200 billion annually on AI infrastructure, with margins compressing as costs outpace revenue growth. Analysts at Goldman Sachs and…
The House Committee on Homeland Security and the House Select Committee on China have launched a joint investigation into American companies using AI models built by Chinese firms, including DoorDash,…
Intel's EMIB packaging technology is gaining traction as TSMC's CoWoS advanced packaging lines are booked through 2027, with Google committing to order more than 3 million units of Intel's EMIB-T for …
AMLBot launched AI Tracer in beta on March 27, a self-service platform that lets theft victims and small law enforcement agencies trace stolen crypto by inputting a transaction hash, blockchain, and a…
Freedom Factory announced the PQ1, a $179 quantum-resistant hardware wallet for Ethereum and EVM-compatible chains, on July 28, with shipping expected in Q4 2026. The device uses the NIST-recognized S…
Kentucky Industrial Alliance is suing Cave City, Kentucky, over a 12-month moratorium on data center construction that blocks its proposed $4.8 billion Cave Point Commerce Center, a hyperscale AI and …
US utilities are delaying the retirement of at least 15 coal plants and the Department of Energy issued emergency orders in 2025 to retain more than 17 gigawatts of coal capacity online, driven by sur…
Westinghouse Electric Company has confidentially filed a draft registration statement with the SEC for an initial public offering, submitted on July 31, nine years after its 2017 Chapter 11 bankruptcy…
All three major US indices climbed on a semiconductor-fueled rally after South Korea's KOSPI recovered from a dramatic selloff, with chip stocks leading the charge. Samsung Electronics and SK Hynix re…
The U.S. Department of Energy has issued a Request for Offer to private developers to build AI data centers and energy infrastructure at the Paducah Gaseous Diffusion Plant in western Kentucky, a Cold…