OpenAI CEO Sam Altman told the US Senate on May 8, 2025, that the United States must lead in both open-source and closed-source AI models, announcing OpenAI plans to release a leading open-source mode…
Shanghai humanoid robotics firm AgiBot kicked off its Hong Kong IPO process on July 24, 2026, targeting a valuation between HK$40 billion and HK$50 billion ($5.1 billion to $6.4 billion). The three-ye…
Nvidia CEO Jensen Huang told US policymakers on July 23 that fears about artificial intelligence ending humanity are 'complete nonsense,' urging the Trump administration to avoid overcorrecting on AI …
Cognition, the AI lab behind autonomous coding agent Devin, has acquired The Interaction Company, the startup behind text-based AI assistant Poke, in a deal valuing the target in the low nine figures.…
ServiceNow surged 6% and Salesforce climbed 4% as both companies landed major artificial intelligence contracts with US government agencies, including a $5.6 billion, 10-year deal between Salesforce a…
Twenty-five companies including Nvidia, Meta, and Microsoft signed an open letter on July 24 advocating for open-source AI models, arguing they are essential for US competitiveness against China. Nvid…
Eaton reported $27.4 billion in revenue for fiscal year 2025, up 10.3% year-over-year, while nVent Electric posted $3.9 billion in revenue, a 30% increase, driven by AI data center demand. The power m…
A new AI framework called ContactSeek uses Google DeepMind's AlphaFold3 to redesign gene-editing proteins, achieving dramatically higher accuracy than existing high-fidelity alternatives. Published in…
Verizon has signed a deal worth more than $1 billion with Google to provide dark fiber infrastructure connecting Google's data centers, CEO Dan Schulman announced during Verizon's Q2 2026 earnings cal…
Anthropic's Claude Sonnet 5, priced at $2 per million input tokens through August 31, became the default model for Free and Pro plan users on June 30, intensifying the AI pricing war. The company also…
Anthropic released a new AI model that rivals Fable 5 in capability and cost-effectiveness, according to CNBC. The model aims to address business concerns over AI expenses, potentially boosting Anthro…
Intel and Lens Technology are in early discussions about a potential partnership focused on glass substrate packaging, a technology that could enable chip packages with up to 1 trillion transistors by…
Qualcomm will raise smartphone processor prices by a double-digit percentage after September 1, driven by rising manufacturing and memory costs that have increased smartphone bill-of-materials costs b…
MACOM Technology Solutions reported fiscal Q2 2026 revenue of $289 million, a 22% year-over-year jump, driven by surging demand for its optical components in AI data centers. The company revised its f…
Nvidia, Palantir, Microsoft, Meta, IBM, and a coalition of other firms signed a public letter to Congress in July 2026 urging the US against banning open-weight AI models, arguing that restricting ope…
Thomas H. Lee Partners is exploring an initial public offering for Brooks Automation, the robotics and software company it acquired for $3 billion in 2021, as semiconductor demand surges from AI chips…
BlackRock is attempting to raise more than $12 billion in bonds to build a 1-gigawatt AI data center campus in El Paso, Texas, with Meta Platforms holding a 20% equity stake and leasing capacity. Bond…
Bluesky's AI assistant Attie, launched March 28 at the ATmosphere conference, has evolved from a feed-building tool into a research assistant that lets users query news, trends, and conversations acro…
World Foundation secured $52.5 million in strategic funding through a locked sale of WLD tokens, led by Pantera Capital with participation from Bain Capital Crypto and Eightco Holdings. The nonprofit …
Google announced on July 30 its intent to join the European Union's General Purpose AI Code of Practice, a voluntary framework under the AI Act, alongside OpenAI, Microsoft, Amazon, Anthropic, Mistral…