Meta's stock rose 8% after reports that it is exploring a cloud business to sell excess AI computing power and developing a custom AI chip called Iris, easing investor fears about its massive infrastr…
Paradigm closed a $1.2 billion AI and robotics fund on July 8, 2026, signaling a broader reallocation of venture capital away from digital assets. Crypto VC fundraising hit a six-year low in Q2 2026, …
SemiAnalysis projects Meta will hold more AI compute capacity than OpenAI or Anthropic by end of 2026, driven by multi-gigawatt datacenters and a $14.3 billion Scale AI stake. The firm also predicts M…
SK Hynix priced its American depositary receipts at $149 each on July 9, raising approximately $26.5 billion in the largest foreign offering in history, surpassing Alibaba's 2014 record. The South Kor…
The Federal Reserve has appointed Marc Andreessen, co-founder of Andreessen Horowitz, to co-lead a new task force examining how artificial intelligence affects productivity and jobs. The task force, p…
Commerce Secretary Howard Lutnick is pressuring Samsung Electronics and SK Hynix to build memory chip production facilities in the US or face 100% tariffs on chips sold into the American market. The p…
OpenAI launched ChatGPT Work on July 9, adding picture-in-picture mode and faster execution to turn the chatbot into an autonomous project manager that can research, build spreadsheets, and create pre…
The Ethereum Foundation's Protocol Security team reported that AI agents successfully identified real vulnerabilities in protocol code, including a remotely triggerable panic in libp2p's gossipsub com…
The Trump administration signed Executive Order 14409 on June 2, 2026, creating a voluntary framework for reviewing frontier AI models before public release to address cybersecurity risks, marking a s…
Federal Reserve Chair Kevin Warsh has appointed advisers Paul Winfree and Daniel Heil, along with Fed economists, and launched five task forces to modernize the central bank's communications, balance …
Meta CEO Mark Zuckerberg confirmed the company is exploring an AI cloud business to rent out its massive AI compute capacity, potentially competing with Amazon Web Services, Microsoft Azure, and Googl…
A new study evaluating 67 frontier AI models from 21 providers reveals that enterprises underestimate AI model failure rates by 2.25 to 2.5 times due to a mathematical limit called the "co-failure cei…
SK Hynix launched a massive US share offering on Nasdaq targeting up to $29.4 billion, one of the largest foreign share sales in history, to fund new chip fabrication facilities and EUV lithography sc…
OpenAI launched the GPT-5.6 model family, introducing three tiers—Sol, Terra, and Luna—across ChatGPT, Codex, and its API. Sol, the flagship model, is positioned for stronger agentic coding, knowledge…
The Nasdaq Composite surged roughly 1.1% on July 9, erasing July losses as semiconductor stocks like Micron, Nvidia, and Broadcom rebounded after a brutal profit-taking period. The recovery was fueled…
Sanofi has built its own AI agent called Concierge using Anthropic's Claude and Elementum AI, replacing ServiceNow for IT management. The system serves 60,000 employees and aims to autonomously resolv…
Elon Musk reversed his stance on Anthropic, calling it the clear leader in AI and praising its Mythos and Fable models as unmatched. He also predicted the imminent release of Mythos 2. The endorsement…
Sentinel's SENT token surged 20% to $0.017 after Robinhood listed the asset for spot trading, with 24-hour volume reaching $143 million. The AI-focused token's market cap rose to $130 million as retai…
OpenAI launched ChatGPT Work on July 9, 2026, alongside the GPT-5.6 model family, enabling multi-step task execution across applications for Pro and Enterprise users. The GPT-5.6 family includes three…
A Redfin analysis estimates that employees of OpenAI and Anthropic, with post-tax IPO equity totaling $198 billion, could theoretically purchase 29% of homes in the San Francisco metro area. OpenAI em…