SK Hynix has committed $720 billion to build South Korea's largest memory factory network, with the board approving an initial 54 trillion won ($38 billion) tranche on August 7 for the Yongin Y2 DRAM/…
Salesforce returned $27.5 billion to shareholders in Q1 FY2027, including a record $25 billion accelerated share repurchase, the largest in corporate history, funded partly by a $25 billion debt issua…
Oracle and Amazon Web Services expanded their multicloud partnership to boost adoption of Oracle AI Database@AWS, which runs Oracle's Exadata Database Service and Autonomous Database on dedicated hard…
Nebius Group N.V. announced an agreement with Vantage Data Centers to deploy NVIDIA-powered AI infrastructure at the Newport facility in Wales, part of a £1.7 billion ($2.26 billion) commitment to est…
Microsoft has quietly closed at least 15 offices and joint ventures in China over the past five years, according to a Reuters report, including its localized LinkedIn, retail stores, an IoT & AI Insid…
The Bank of England warned that a burst in the US AI stock bubble could significantly impact UK markets, as AI-related stocks now account for roughly 44% of the S&P 500's total market capitalization, …
Microsoft has formally accepted Horizon 1, the first phase of IREN Limited's AI cloud deployment under a five-year contract worth approximately $9.7 billion, with IREN on track to deliver 50 MW of IT …
Dynatrace (NYSE: DT) announced on August 13, 2026, that it will acquire Arize AI, a Berkeley-based AI observability startup, for $915 million in cash and stock. The deal aims to enhance Dynatrace's ab…
Semiconductor Manufacturing International Corporation (SMIC) reported Q2 2026 net profit attributable to shareholders of $479.2 million, more than tripling year-over-year and nearly doubling analyst e…
The Trump administration has deployed an AI-powered 'detective border' system to intercept goods illegally transshipped to evade US tariffs on Chinese products, with over 40 countries named as partici…
Anthropic's business AI adoption is growing faster than OpenAI's, driven by the general availability of Structured Outputs on its Claude Developer Platform and integration with AWS Bedrock for Claude …
Elon Musk's xAI and Mark Zuckerberg's Meta released new AI models—Grok 4 and Muse Spark 1.1 and Muse Glimmer—that are performing well on key benchmarks, intensifying competition with OpenAI, Anthropic…
DeepSeek, a leading Chinese AI lab, has formed a new 'Harness Team' to develop AI agents that will compete with Anthropic's Claude Code, extending its focus beyond its V3 and R1 foundation models. The…
Anthropic is in talks to acquire Israeli AI infrastructure company Decart for $6 billion, according to a report from social media source @WhaleInsider. The acquisition aims to enhance inference effici…
AI companies are hiring thousands of gig workers across more than 50 countries to record hand movements and physical tasks using wearable cameras and sensors, paying as little as $2.60 an hour in Indi…
Cisco Systems Inc. raised its full-year AI infrastructure order target to $9 billion, nearly doubling its previous estimate of $5 billion, and projected fiscal Q4 2026 revenue of $16.7 billion to $16.…
CoreWeave, an AI-focused cloud infrastructure provider, warned investors in a regulatory filing that transitioning away from Nvidia's GPUs would require significant time and financial resources, as it…
XAI and Databricks announced a partnership on June 18 at the 2026 Data + AI Summit to integrate Grok models natively into Databricks' Agent Bricks platform, targeting enterprise document understanding…
Apple Inc. is in talks to pay partner publishers more than $100 million for content licensing rights to enhance its revamped Siri AI assistant, unveiled at its Worldwide Developers Conference on June …
Fermi Inc. has appointed Lee McIntire as its new chief executive, effective August 11, ending a leadership vacuum that began with the April 2026 ouster of co-founder Toby Neugebauer. McIntire, a forme…