Chinese AI startup DeepSeek is aggressively hiring technical talent and optimizing its models for domestic Huawei chips, doubling its workforce amid US export restrictions. The company, valued at over…
Meta and xAI are investing hundreds of billions in data center infrastructure, including Meta's Hyperion and Prometheus facilities and xAI's Colossus supercomputer, while their AI models Llama and Gro…
Chile is reviewing the future of state-owned Codelco, the world's largest copper producer, as an internal audit reveals a 27,000-tonne overstatement of 2025 production, bringing output to its lowest i…
Billionaire Jeffrey Talpins, founder of Element Capital Management, disclosed a $43.58 million stake in Micron Technology as of March 31, 2026, betting on sustained demand for high-bandwidth memory ch…
FC Barcelona is set to sign João Cancelo from Al-Hilal for under €10 million, down from an initial €15 million asking price, illustrating how illiquid markets reprice assets similarly to cryptocurrenc…
UK-based AI infrastructure company Nscale secured a $900 million revolving credit facility to expand its global data-center footprint, backed by Nvidia. The company, which spun out of Bitcoin miner Ar…
Broadcom and Apple extended their chip supply partnership through 2031, covering custom silicon for multiple Apple device generations. The deal secures roughly 20% of Broadcom's annual revenue and sig…
The European Banking Authority warned banks to prepare for frontier AI risks, citing advanced large language models that could exploit software vulnerabilities faster than human security teams. The re…
Meta Platforms announced plans to spend between $115 billion and $145 billion on AI infrastructure in 2026, nearly double its 2025 spending, triggering over $1 trillion in market cap losses across AI …
The European Central Bank has ordered all supervised banks to submit cybersecurity action plans by October 31, citing a surge in AI-powered cyberattacks. The directive, announced by ECB Executive Boar…
XAI integrated real-time speech-to-text into its Grok Build coding tool, allowing developers to dictate prompts for up to 15 minutes. The feature, powered by Grok Voice and available to SuperGrok and …
Goldman Sachs and Morgan Stanley released divergent revenue forecasts for SpaceX after its IPO quiet period ended, with a $1 trillion valuation gap driven by differing assumptions about AI monetizatio…
Synopsys is discontinuing its chip fab manufacturing process control software, affecting clients including Samsung, SK Hynix, and Kioxia, as it pivots to AI-driven electronic design automation tools. …
Anthropic announced plans to invest up to $15 billion in Australian data centers by mid-2027, aiming to secure 1.4 gigawatts of capacity for AI model training and deployment. The expansion follows a m…
Alipay launched an invite-only AI Open Platform, allowing merchants to convert their mini-programs into AI-callable tools via its conversational interface Abao. The move signals a strategic shift from…
Salesforce has committed billions to expanding its agentic AI capabilities across Europe, with a $1 billion investment in Italy and a $2 billion commitment in France, as it races to become the dominan…
Australia's AI Safety Institute began testing frontier AI models on July 7, with Assistant Minister Andrew Charlton warning of AI systems that are 'cheating, deceiving, going their own way.' The $29.9…
Samsung Electronics reported a Q2 2026 operating profit of 89.4 trillion won ($58.4 billion), an 1,810% surge from a year earlier, driven by AI-driven demand for memory chips. The quarterly profit exc…
UBS advises investors to buy SK Hynix's upcoming American Depositary Receipts on Nasdaq and sell its Korean-listed shares ahead of a historic $29 billion ADR launch on July 10, 2026. The Swiss bank ex…
Australia aims to become the Asia-Pacific's dominant AI infrastructure hub with a A$52 billion digital infrastructure investment push by 2030, according to a Deloitte report. The government has establ…