Saudi Arabia's Humain, operating under the Public Investment Fund, partnered with Toronto-based Cohere to develop sovereign AI models and expand compute capacity in the Middle East. Humain committed a…
Meta launched Muse Spark, its first proprietary AI model with a paid developer tier, reversing its open-source strategy. The model powers Meta AI with visual reasoning and tool-use capabilities, but p…
Bitcoin faces a quantum computing threat to its ECDSA security, with post-quantum signatures like ML-DSA and SLH-DSA being 10-70 times larger, potentially requiring block size increases to 64 MiB or S…
MoonPay has integrated its AI-powered crypto agents into Telegram, enabling over 100 million users to fund wallets, swap tokens, and execute on-chain trades directly within the messaging app. The move…
Anthropic launched a beta feature called 'reflect' on July 9, giving Claude users detailed analytics of their chatbot interactions over customizable time periods. The dashboard shows topics, task type…
Micron Technology committed $200 billion to US memory chip manufacturing and R&D through 2035, a $30 billion increase from prior pledges, aiming to produce 40% of its DRAM domestically. The expansion,…
The International Telecommunication Union launched the AI for Good Global Commission on July 2, 2026, co-chaired by Rwanda's President Paul Kagame, Salesforce CEO Marc Benioff, and ITU Secretary-Gener…
Mercor, the $10 billion AI talent platform, acquired Deeptune, a startup building simulation environments for AI agent training, in a deal announced July 9. The acquisition signals growing investment …
Starbucks is developing in-house AI-powered software to replace Microsoft Dynamics 365 and IBM TRIRIGA, aiming to reduce reliance on big tech vendors. The internally built replacements could go live b…
SK Hynix priced its US listing at $149 per ADR, targeting approximately $28 billion in proceeds for its Nasdaq debut, in what could be one of the largest foreign offerings ever. The South Korean memor…
Ollama, an open-source tool for running AI models locally, raised $65 million in a funding round led by Benchmark. The company aims to scale its developer platform to 9 million users, capitalizing on …
XAI, Meta, and Anthropic are expanding beyond their core AI businesses: xAI signed a $40-45 billion deal to provide Anthropic with cloud computing, Meta launched enterprise AI agents at $200 per month…
Micron Technology stock surged nearly 200% in 2026, driven by soaring demand for AI memory chips and the launch of tokenized versions of its stock on Ethereum and Solana. UBS analyst Timothy Arcuri ra…
SpaceX's AI division signed a $1.25 billion monthly compute lease with Anthropic, projected to add $15 billion in annual AI revenue ahead of SpaceX's June 2026 IPO. The deal nearly quintuples xAI's re…
Micron Technology will invest up to $3 billion in its Manassas, Virginia facility to produce advanced DRAM and high-bandwidth memory chips for AI data centers and crypto mining. The expansion, backed …
Hedge fund billionaire Ken Griffin, who dismissed AI as 'garbage' in January, now predicts a 'golden age of entrepreneurial activity' powered by the technology, signaling a shift in institutional capi…
Microsoft opened its Fairwater AI datacenter in Wisconsin, equipped with NVIDIA GB200 GPUs, as part of a $190 billion annual capex spree that has pressured its stock. The facility supports Azure and A…
Global memory chip sales hit a record $74.6 billion in July 2026, driven by surging AI demand for high-bandwidth memory, according to UBS. DRAM sales rose 27.7% to $48 billion, while NAND flash jumped…
Deutsche Bank warns that geopolitical tensions and heavy AI exposure in US equity markets are undermining the US dollar's safe-haven status, potentially triggering a long-term capital rotation away fr…
Hedge funds have sold US semiconductor stocks for four consecutive weeks as of early July 2026, unwinding the dominant chip-over-software trade that drove markets earlier in the year. The reversal fol…