Alibaba's Qwen team released open weights for the Qwen3.8-27B, a 27-billion-parameter multimodal model designed for local deployment on consumer hardware with around 24GB of VRAM, such as an NVIDIA RT…
Anthropic has filed confidentially for an IPO that could exceed a $2 trillion valuation, positioning it as a direct competitor to OpenAI. Cami Clark, founder of a 'revolutionary porn company' who soug…
Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, warned that persistent weak productivity readings could undermine the AI-driven growth narrative, potentially leading to stag…
SoftBank Group cut its stake in Taiwan Semiconductor Manufacturing Co. by 71.5%, reducing its holdings to 565,000 American Depositary Shares, after fully exiting Nvidia in November 2025. The reduction…
Nebius Group, the Amsterdam-based AI infrastructure company, reported Q2 2026 revenue of $582.3 million, a 454% year-over-year increase, prompting Bank of America to raise its price target from $280 t…
Nvidia Corp. announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create independent financing platforms for AI infrastructure, targeting more than $500 bil…
SpaceX closed its $60 billion all-stock acquisition of Cursor, the AI coding assistant built by Anysphere, on August 14, 2026, integrating the team into its SpaceXAI division. The deal, which makes Cu…
OpenAI CFO Sarah Friar is conducting investor meetings as the company accelerates toward an IPO, following its confidential SEC filing in June 2026 and a record private funding round of $120B-$122B at…
Bank of America's Global Research team projects the total data center systems market will reach $2.2 trillion by 2030, driven by AI infrastructure, with AI data center systems alone accounting for $1.…
Wolfe Research estimates Broadcom could generate up to $200 billion in AI revenue by 2028, driven by its involvement in XPV, an AI infrastructure financing vehicle with Apollo and Blackstone supportin…
Elon Musk told SpaceX employees during an all-hands meeting that the company will train its Grok AI model on the 'sum total' of SpaceX's institutional knowledge, making employees 'effectively the pare…
Hyperscalers Microsoft, Amazon, Alphabet, Meta, and Oracle are set to spend between $660 billion and $690 billion on AI-related capital expenditures in 2026, with cumulative outlays crossing $1 trilli…
Goldman Sachs is negotiating with banks, insurers, and private credit firms to structure financing for Nvidia's $500 billion AI compute platform, announced August 10 with partners including Apollo, Bl…
EdgeConneX is seeking to syndicate roughly $3 billion in loans to build a 1-gigawatt data center campus in New Albany, Ohio, for Meta Platforms, bundling construction and off-grid power assets into a …
Applied Materials reported fiscal Q3 2026 revenue of $9.12 billion, beating analyst estimates of $8.99 billion, and adjusted EPS of $3.50 versus the consensus $3.40, while raising its full-year Semico…
Hyperscale Data (NYSE American: GPUS) sold roughly 685 Bitcoin for approximately $43 million, using about $30 million to reduce debt and directing the rest to its Michigan AI data center campus via su…
Nvidia may redesign components of its Feynman AI platform, targeting a 2028 release, due to manufacturing constraints at TSMC, whose A16 1.6 nm wafer capacity is fully booked through 2028. The platfor…
At the ISC.AI 2026 conference in Beijing on June 24, Qihoo 360 founder Zhou Hongyi unveiled an automated vulnerability-hunting suite called Yitian Tulong, claiming it has flagged 3,432 software vulner…
Recruit Holdings, the Japanese conglomerate that owns Indeed and Glassdoor, reported record fiscal year 2025 profits on May 15, driven by AI tools integrated across Indeed's services. Indeed hit an al…
Taiwan's largest DRAM maker Nanya Technology plans to quadruple its 2027 capital expenditure to over NT$200 billion ($6.2 billion) from its 2026 budget of more than NT$50 billion, betting on AI-driven…