Bain Capital confirmed that a special-purpose vehicle it set up for SK Hynix still holds a 14% stake in Kioxia Holdings, as Bain itself fully exited its position in the Japanese NAND flash memory comp…
ChangXin Memory Technologies (CXMT), China's leading DRAM chipmaker, received approval for a $4.3 billion IPO on Shanghai's STAR Market, the largest in the exchange's history. The company plans to use…
Meta is testing a 'super sensing' mode for its Ray-Ban smart glasses that could enable continuous environmental recording, raising privacy concerns. The company sold over 7 million pairs in 2025, sign…
XAI released Grok 4.5 on July 8, topping the SWE Marathon benchmark with a 29.0% resolution rate and surpassing Anthropic's Claude Opus 4.8. The model, trained on tens of thousands of NVIDIA GB300 GPU…
Hewlett Packard Enterprise reported fiscal Q2 2026 revenue of $10.68 billion, a 40% year-over-year increase, driven by AI infrastructure demand. The company's AI server backlog reached nearly $6 billi…
ByteDance launched Seedream 5.0 Pro on July 8, 2026, positioning it as a direct rival to OpenAI's GPT-Image 2 with features like layer separation, multi-reference fusion, and multilingual text renderi…
BNB Chain launched BNB Agent Studio on July 1, 2026, partnering with AWS, Trust Wallet, and PieVerse to enable developers to deploy autonomous on-chain AI agents in 15 minutes. The platform integrates…
SK Hynix's $28 billion Nasdaq share sale drew $196 billion in demand, a 7x oversubscription, as investors bet on the AI chip boom. The South Korean memory chipmaker, a key supplier of high-bandwidth m…
Power transformers, not chips, have become the real bottleneck for AI infrastructure expansion, with lead times ballooning to five years and demand surging 119% since 2019. Nearly half of planned US d…
Temasek International CIO Rohit Sipahimalani warned that surging US capital expenditure, particularly in AI infrastructure, could pose risks to global markets. The warning came as Temasek reported a r…
Anthropic's Claude Opus 4.8 has been experiencing recurring outages since mid-June 2026, with elevated error rates affecting API, Claude Code, Console, and claude.ai, raising reliability concerns amon…
The Pentagon awarded AeroVironment an $80.5 million task order for its Titan-MS AI-powered counter-drone system to protect nuclear bases, following unauthorized drone incursions at Barksdale Air Force…
China's largest DRAM maker ChangXin Memory Technologies (CXMT) will open investor subscriptions next week for a 29.5 billion yuan ($4.3 billion) IPO on the Shanghai STAR Market, backed by China's nati…
The IMF raised South Korea's 2026 GDP growth forecast by 0.7 percentage points to 2.6%, the largest upgrade among major economies, driven by semiconductor exports and AI hardware demand. Samsung Elect…
Nvidia's trailing price-to-earnings ratio has fallen to 31, its lowest level in seven years, as earnings growth catches up with the stock's valuation. The compression occurs even as shares trade near …
Zhipu AI, a Beijing-based developer of large language models, priced its share placement at HK$1,588 per share to raise approximately $4 billion, testing investor appetite for Chinese AI stocks after …
Elon Musk announced on July 8 that xAI's chatbot Grok will integrate the Imagine tool for autonomous image and video generation, enabling the AI to create visual content in agentic mode without explic…
OpenAI previewed its GPT-5.6 model family on June 26, 2026, with the flagship Sol variant targeting 750 tokens per second via a partnership with Cerebras Systems. Cerebras' wafer-scale compute could o…
Swedish AI startup Lovable is in talks to raise $300 million at a valuation between $13 billion and $13.2 billion, more than doubling its December valuation. The company, which lets users build apps b…
Meta is developing prototype smart glasses that continuously record audio and capture photos every few seconds, enabling users to query past events via Meta AI. The device, reported by the Financial T…