Meta acquired roughly 1,039 acres in Northeast El Paso, Texas, for approximately $8.5 million to build a massive AI data center campus designed to scale up to 1 GW of capacity, with total projected in…
Palantir Technologies forced the Defense Intelligence Agency to withdraw its solicitation for the ASTRA military intelligence system after filing a formal protest arguing the government should buy com…
BlackRock is raising $12.3 billion in bonds through Project Sopaipilla Holdings to build a 1-gigawatt data center campus in El Paso, Texas, with Meta as the anchor tenant. JPMorgan Chase and Morgan St…
President Trump's voluntary Ratepayer Protection Pledge, covering 80% of the US electricity market, asks AI data centers to self-generate energy or fund grid upgrades, but critics note the non-binding…
Nvidia CEO Jensen Huang used his first-ever post on X to publish a letter advocating for open-weight AI models, arguing that openness drives adoption and GPU demand. The letter, signed by Nvidia and p…
Nvidia CEO Jensen Huang posted on X for the first time on July 24, sharing an open letter titled 'Open Weights and American AI Leadership' that argues open AI models are essential to US competitivenes…
Anduril Industries is in early talks to raise a new funding round at a valuation of approximately $100 billion, according to Reuters, nearly doubling its $61 billion valuation from just two months ago…
Verizon has reportedly signed a $1 billion agreement with Google to build a data center, marking a strategic reversal for the telecom giant that sold its data center portfolio to Equinix for $3.6 bill…
Upstart Holdings received conditional approval from the Office of the Comptroller of the Currency on July 23 to launch Upstart Bank, N.A., a national digital bank built on AI-driven underwriting. The …
Oil prices have fallen, pressuring bond markets and raising concerns about AI companies' cash flow, according to a Reuters report. The 10-year Treasury yield hit an 18-month high of 4.7135%, while the…
Meta AI researchers released GAMUT (Grounded Assessment of Multimodal Factuality), a benchmark that measures whether AI answers include all necessary facts rather than just individual accuracy, on Jul…
SLB, the oil services giant formerly known as Schlumberger, said its Data Center Solutions segment will exceed $1 billion in annual revenue by the end of 2026 and target $2 billion by 2027, driven by …
SoftBank Group is in early-stage talks to acquire Gravis Robotics AG, a Zurich-based startup that builds AI autonomy platforms for heavy construction machinery, according to reports. The deal would fo…
Federal Reserve Chair Kevin Warsh views artificial intelligence as a disinflationary force, but minutes from the June 16-17, 2026, FOMC meeting reveal deep internal divisions, with many officials flag…
Advanced Micro Devices (AMD) has announced partnerships with AI firms Anthropic and OpenAI, along with the launch of its new Helios systems, in a strategic push into the AI infrastructure market. AMD'…
Brazil's B3 stock exchange registered its first tokenized livestock loan, with ten dairy cows from Fazenda Engenho Velho in Imbituva, Paraná, serving as collateral for a R$100,000 ($19,400) loan origi…
A South Korean appellate court on July 24 ordered SK Group Chairman Chey Tae-won to pay his former wife Roh Soh-yeong approximately 944 billion won ($640 million) in their divorce settlement, a reduct…
The U.S. House of Representatives passed a $1.15 trillion defense bill, part of the annual National Defense Authorization Act (NDAA), to enhance military cooperation with Israel through a new U.S.-Isr…
Bond investors are demanding significantly higher yields on a new BlackRock-led financing deal compared to a similar arrangement nine months ago, reflecting increasing perceptions of risk associated w…
OpenAI has integrated full duplex voice control into its Codex and ChatGPT desktop applications, enabling hands-free coding and task management. The feature follows the earlier global rollout of GPT-L…