Vertiv announced a new factory in Johor, Malaysia, set to open in early 2026, to produce cooling and power equipment for AI data centers in Asia Pacific. The facility aims to cut delivery times and su…
The International Energy Agency forecasts US spending on coal and gas power plants will hit $50 billion this year, driven by surging electricity demand from data centers and AI infrastructure. Final I…
South Korea's June 2026 exports surged 70.9% year-over-year to $102.25 billion, the fastest growth since October 1978, driven by a 199.5% jump in semiconductor exports to $44.8 billion as global AI ch…
Microsoft plans to cut less than 2.5% of its workforce next week, targeting sales, consulting, and Xbox roles as the company reallocates spending toward AI infrastructure. The reductions follow a volu…
A new study tracking AI-related legal misconduct found that Damien Charlotin’s global database logged 1,667 legal matters tied to AI hallucinations by mid-2026, up from roughly 230 cases a year earlie…
Wayve, a London-based autonomous driving and AI company, initiated an $85 million employee tender offer at an $8.5 billion valuation, following its $1.5 billion Series D round with investors including…
Primitive has introduced a new metric called Return on Agent Capital (ROAC) to evaluate AI agent performance in banking, partnering with MX to reach 1,700 financial institutions. The metric aims to pr…
California Democrats approved a $1.5 billion tax hike on private health insurance as part of the 2026–27 state budget, a move expected to raise premiums for privately insured residents to preserve fed…
China's manufacturing PMI for June 2026 came in at 51.7, below the forecast of 52 but above the 50-point threshold indicating expansion. The reading reflects modest growth driven by technology exports…
Coinbase CEO Brian Armstrong argues that AI will enhance software security by enabling defenders to scan all code before production, flipping the traditional attacker-defender imbalance. Coinbase has …
The United States lifted restrictions on Anthropic's Mythos 5 AI model, allowing over 100 trusted partners including U.S. companies and federal agencies to access the cybersecurity-focused frontier AI…
AMD announced the Versal Premium Gen 2 Memory on Package (MoP) adaptive SoC, integrating up to 32GB of LPDDR5X memory directly into the package to reduce board area by 60% for AI and defense applicati…
Shanghai AI Laboratory's Agents-A1, a 35-billion-parameter Mixture-of-Experts model, matches or outperforms trillion-parameter rivals by training on longer task sequences instead of increasing paramet…
Global semiconductor exports surged to their largest increase in nearly five decades, driven by demand for AI chips, with China becoming the top exporter and Taiwan a key supplier. Prediction markets …
South Korea's exports surged 49.7% in the first 20 days of June, driven by a 188.4% jump in semiconductor shipments as AI demand fuels a historic boom. Samsung and SK Hynix announced $520B in new chip…
Japan's Prime Minister Sanae Takaichi unveiled a plan targeting ¥1,100 trillion ($6.8 trillion) nominal GDP by 2040, backed by ¥370 trillion ($2.3 trillion) in investments across 17 sectors including …
US Commerce Secretary Lutnick announced a collaboration with Anthropic to review and authorize the Fable 5 model, which was suspended due to a national security export control directive. The authoriza…
The Trump administration plans to lift export controls on Anthropic's Fable 5 AI model tonight, ending a month-long regulatory standoff that shut down access to the advanced system. The move follows n…
Microsoft launched its first voluntary retirement buyout program on April 23, targeting approximately 8,750 US employees as it reallocates resources toward AI infrastructure. The tech giant's pivot re…
Anthropic launched Claude Sonnet 5 on June 30, a mid-tier AI model with near-flagship coding performance and a 1 million token context window, priced at $2 per million input tokens and $10 per million…