Chinese investors including HSG, ZhenFund, and Tencent are in talks to buy back AI startup Manus from Meta for $2 billion, the same price Meta paid six months ago, after Beijing mandated the deal's un…
Chinese AI developers are slashing compute costs by up to 97% through architectural innovations like sparse MoE and FP8 training, reshaping global AI pricing under US export controls. DeepSeek trained…
Bitdeer Technologies sold all 3,231 BTC it held since February 2026, generating over $205 million to fund a pivot into AI and high-performance computing infrastructure. The Singapore-based miner now h…
Elon Musk's xAI plans to produce a full-length AI-generated movie by the end of 2026, starting with an Alice in Wonderland demo. The company's Grok Imagine Video 1.5 model, launched in June 2026, can …
Anthropic is developing Conway, an always-on autonomous agent built on Claude models, according to a leaked codebase. The agent can monitor webhooks, run on schedules, and browse the web independently…
Meta Platforms reported $56.31 billion in Q1 2026 revenue, a 33% year-over-year increase, but shares fell up to 10% after hours after the company raised its 2026 capital expenditure guidance to as muc…
The Federal Aviation Administration has partnered with Palantir to deploy an AI platform that predicts runway incidents, following a fatal midair collision in January 2025 and a subsequent runway inci…
CEOs of OpenAI, Anthropic, and Google DeepMind participated as equals in a working lunch at the G7 summit in France, discussing AI deployment, international standards, and technology sovereignty. The …
Apple CEO Tim Cook said price hikes across Apple's product lineup are unavoidable due to a global memory chip shortage driven by AI demand. Memory chip costs have surged nearly 300%, pushing the iPhon…
JPMorgan Chase reported a record $16.5 billion Q1 2026 profit, but CEO Jamie Dimon warned that the next credit crisis could be worse than expected due to inflated asset prices and lax lending standard…
Google, Microsoft, and Salesforce are backing a new open standard called Agentic Resource Discovery (ARD) to standardize how AI agents find and use enterprise tools, countering approaches by OpenAI an…
Virtuals Protocol integrated Leyten's distributed GPU inference engine to run GLM-5.2, a 744 billion parameter open-weight AI model, across its decentralized AI agent network. The partnership enables …
Intercontinental Exchange launched ICE Compass, an AI-powered analytics platform for fixed income trading desks, with T. Rowe Price as anchor client. The tool combines client data with ICE's market da…
Claude Guillemot, co-founder and executive vice-president of Ubisoft, died on June 19 in a plane crash near La Baule, France, at age 69. The crash killed Guillemot and a flight instructor, and his dea…
Lloyds Banking Group is hiring 300 technology specialists for AI initiatives, investing over £4 billion in digital and AI technologies since 2023. The bank expects generative AI to deliver over £100 m…
Federal Reserve Chairman Kevin Warsh, sworn in May 22, 2026, faces a pivotal challenge as AI investment surges, arguing it will be a disinflationary force akin to the 1990s internet boom. However, som…
John Stones has been released by Manchester City after a decade at the club, making 293 appearances and winning six Premier League titles. Despite an injury-disrupted season, England manager Thomas Tu…
Japan announced a plan to mobilize 370 trillion yen ($2.3 trillion) in public-private investment by 2040, targeting a fivefold increase in domestic semiconductor sales and a 30% global share of the AI…
Japan announced a plan to mobilize 370 trillion yen ($2.3 trillion) in public and private investment by 2040 across 17 strategic sectors, including AI and semiconductors. Prime Minister Sanae Takaichi…
Japan's government growth strategy council targets 370 trillion yen ($2.3 trillion) in public and private investment across 17 strategic sectors by fiscal 2040, aiming to quintuple domestic semiconduc…