Japan's Cabinet approved amendments to the Act on the Protection of Personal Information, creating a 'statistical processing' exception that allows companies to use sensitive data such as medical hist…
SK Hynix completed a $26.5 billion US listing, the largest-ever by a foreign company, driven by surging demand for its high-bandwidth memory chips used in AI workloads. The South Korean chipmaker's Am…
Micron Technology reported a data center gross margin of 87% in its fiscal third quarter of 2026, driven by AI demand for high-bandwidth memory. The company's Compute and Data Center Business Unit gen…
Bernstein reports that clearing the 338 GW pipeline of planned data center projects now takes an estimated 12 years, up from 10 years a month ago, due to grid interconnection delays. Bitcoin miners wi…
The Federal Reserve appointed venture capitalist Marc Andreessen to co-lead a Productivity and Jobs task force examining AI's impact on employment and growth, part of a broader monetary policy review …
OpenAI launched ChatGPT Work on July 9, a new agentic mode that combines ChatGPT with Codex to let non-coders automate complex workplace tasks using plain language. The feature, powered by the GPT-5.6…
JPMorgan Chase has developed AI agents that dynamically allocate between stocks and bonds, outperforming the traditional 60/40 portfolio by 0.7 percentage points annually with lower volatility in two …
Federal Reserve Chair Kevin Warsh announced five independent task forces on July 9 to review U.S. monetary policy, including the impact of artificial intelligence on productivity and jobs. The panels,…
SK Hynix raised approximately $26.5 billion in its US share sale on Nasdaq, marking the second-largest stock listing globally. The offering was oversubscribed more than seven times, with proceeds earm…
XAI's Grok 4.5 model constructed a counterexample proving that hypercontractivity fails on the 4-sphere, closing a dimensional gap in functional analysis that had stumped mathematicians for years. The…
Meta plans to begin manufacturing its custom AI chip, codenamed Iris, in September as part of a push to reach 14 gigawatts of computing capacity by 2027. The chip, built with Broadcom and TSMC, is cen…
Zhipu AI raised $4 billion in a Hong Kong placement, but the new shares represent only a 4.2% increase in total capital and most remain locked up, limiting the impact on free float. The Beijing-based …
Samsung Electronics Executive Chairman Lee Jae-yong plans to meet Nvidia CEO Jensen Huang in the US in late July to deepen their AI chip alliance, following a series of meetings that have boosted Sams…
JPMorgan Chase is testing an AI tool called Smart Cash that can automatically move money between checking accounts and higher-yielding brokerage products without human approval. The bank has reclassif…
SK Hynix, the South Korean memory chipmaker, is preparing a $28 billion NASDAQ listing through an ADR offering under ticker SKHY, with trading expected to begin July 10, 2026. The proceeds will fund s…
Nexchip Semiconductor Corporation began trading on the Hong Kong Stock Exchange on July 10 after raising approximately $890 million in a share sale, with proceeds earmarked for R&D and a new $5.1 bill…
OpenAI's applications chief Fidji Simo is stepping down from her full-time role to a part-time advisory position due to a chronic neurological condition called POTS, raising concerns about leadership …
OpenAI president Fidji Simo is taking a medical leave of absence due to a neuroimmune condition, and COO Brad Lightcap has transitioned to a special projects role, as the AI company prepares for a pot…
Venice AI, a privacy-focused AI platform, generates $70 million in annualized recurring revenue through its integration with Bittensor subnet 11, processing 1.7 million daily API calls. Delphi Digital…
The Federal Reserve has enlisted venture capitalist Marc Andreessen to co-lead a new task force evaluating how artificial intelligence reshapes productivity, jobs, and monetary policy. Fed Chair Kevin…