PayPal's stablecoin PYUSD is now live on Kite, an AI-focused blockchain, using LayerZero and Stargate Finance for cross-chain bridging from Ethereum and Solana. The integration aims to support Kite's …
HIVE Digital Technologies trained large language models on older Nvidia A40 GPUs in Paraguay and matched the performance of Nvidia's H100 chips after optimization with Columbia University researchers.…
Coinbase listed the CAP token, the governance and revenue-sharing token of Cap Labs' Covered Agents Protocol, giving it access to the exchange's retail user base. The listing follows a heavily oversub…
Italy is preparing to join the US-led Pax Silica initiative, an alliance designed to secure supply chains for AI, semiconductors, and critical minerals, despite recent diplomatic tensions with Washing…
Anthropic's unreleased AI model, Claude Mythos, demonstrated to the House Homeland Security Committee in May 2026, can chain software vulnerabilities to theoretically drain private bank accounts, alar…
The US Commerce Department ordered Anthropic to block foreign access to its advanced AI models Fable 5 and Mythos 5 over national security concerns, prompting Anthropic to shut down both models global…
Micron Technology reported fiscal Q3 2026 earnings on June 24, projecting that the global memory chip shortage will persist beyond 2027 due to surging AI demand for high-bandwidth memory and DRAM, con…
OpenAI is reportedly considering delaying its IPO from 2026 to 2027 due to a tech selloff that has depressed AI stock valuations, with CEO Sam Altman insisting on a $1 trillion minimum valuation. The …
Two prominent Chinese hedge fund managers, Yang Dong of Wealspring Asset Management and Chen Guangming of Foresight Fund, have stopped accepting new subscriptions, warning that AI stock valuations hav…
A bipartisan group of US lawmakers introduced the Advanced AI Security Readiness Act, directing the NSA's AI Security Center to create an AI Security Playbook identifying vulnerabilities in AI data ce…
Dawn Song, UC Berkeley professor and founder of blockchain Oasis, joined Meta's Superintelligence Labs as VP of AI Research on June 25, focusing on AI safety and security. Her departure from Oasis rai…
Bank of America reported a $9 billion outflow from US equity funds, with technology funds experiencing record withdrawals as the AI trade cools. Institutional investors led the selloff, suggesting a s…
US technology stocks fell sharply, with the Nasdaq dropping 2.2% and the S&P 500 declining 1.4%, as investors questioned whether massive spending on artificial intelligence will ever yield returns. Th…
Chinese AI and chip companies Moore Threads, MetaX, and Biren Technology have raised billions in IPOs on the Shanghai STAR Market and Hong Kong Exchange, with first-day gains exceeding 400% and oversu…
South Korea's KOSPI index has surged nearly 200% year-on-year, driven by AI chip demand that propelled Samsung Electronics and SK Hynix to record highs. The two companies now account for 40% of the in…
Italy is set to join the US-led Pax Silica AI initiative, a non-binding coalition aimed at securing semiconductor and AI supply chains and reducing dependence on China, despite diplomatic tensions wit…
HSBC raised its price target on Micron Technology to $1,700 from $1,100, marking the fifth increase this year, driven by surging AI memory demand. Micron's fiscal third-quarter revenue hit $41.46 bill…
Apple and Microsoft raised prices on MacBooks, iPads, and Xbox consoles in late June 2026 due to memory chip costs quadrupling since 2025, driven by AI data center demand. Apple increased prices by up…
Emerging-market stocks fell over 2% on June 23, the steepest drop since May 15, led by a tech selloff that sent South Korean chip giants Samsung and SK Hynix plunging more than 12%. The decline was tr…
Samsung Group plans to invest $646 billion over the next decade in semiconductors and AI data centers, marking one of the largest corporate investment commitments in South Korea's history. The investm…