Coinbase launched 'Coinbase for Agents' on June 11, 2025, enabling AI agents to autonomously earn and spend credits via its x402 micropayments protocol. The platform uses MCP-native APIs for dynamic s…
Anthropic disabled access to its most advanced AI models, Fable 5 and Mythos 5, for all customers after a Trump administration directive ordered the company to block foreign nationals from using them.…
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in an all-stock deal, granting Cursor's investors equity in SpaceX instead of cash. The acquisition, expected to close in Q3 2026, wil…
HIVE Digital Technologies announced plans for a CAD $3.5 billion, 320 MW AI gigafactory in the Greater Toronto Area, targeting over 100,000 GPUs by late 2027. The former crypto miner reported fiscal y…
Western Digital, Micron Technology, and Sandisk hit all-time highs as AI infrastructure demand shifts focus to data storage, with shares surging over 200% in 2026. Ondo Finance launched tokenized vers…
The combined market capitalization of the ten largest US-listed companies has reached approximately $25.3 trillion, surpassing China's nominal GDP of $20.85 trillion. Led by Nvidia, Apple, and Alphabe…
Probably, a San Francisco-based AI startup founded by Peter Elias, raised $9 million in seed funding led by Andreessen Horowitz to build a reliability layer that prevents AI hallucinations. The compan…
Oracle plans to raise up to $50 billion in 2026 to fund a massive AI infrastructure buildout across the US, Japan, Malaysia, Germany, and the Netherlands. The company reported OCI revenue surged 93% y…
Rackspace Technology shares surged 30% on June 16 after signing a definitive agreement with AMD to deploy 30 megawatts of AMD-based AI compute capacity across its global data centers through 2028. The…
OpenAI's leaked 2025 financials reveal a $38.5 billion loss as the company prepares for its IPO, causing market participants to lower the probability of the IPO occurring by December 31, 2026 from 56%…
Zhongji Innolight, the world's largest optical transceiver maker, is seeking a secondary listing in Hong Kong that could raise up to $7 billion, driven by surging AI infrastructure demand. The company…
Gavin Baker, managing partner and CIO of Atreides Management, says the AI bottleneck trade is losing its edge as supply constraints ease, forcing investors to rethink what has lasting value in AI infr…
China's industrial production grew 4.5% in May, beating forecasts, driven by a 19.4% surge in exports and strong AI-related demand for semiconductors and hardware. The AI export boom is expanding glob…
SpaceX has secured a call option to acquire Anysphere, the company behind AI code editor Cursor, for $60 billion. The deal comes as SpaceX prepares for an IPO, with Cursor generating $4 billion in ann…
Dell Technologies raised its full-year AI server revenue guidance to roughly $60 billion after booking $24.4 billion in new AI orders in Q1, with shares surging up to 40% in after-hours trading. A $1.…
Microsoft patched a critical vulnerability in M365 Copilot, tracked as CVE-2025-32711 and dubbed EchoLeak, that allowed attackers to steal sensitive data including 2FA codes via a single malicious ema…
The US Commerce Department ordered Anthropic to suspend global access to its Fable 5 and Mythos 5 AI models, marking the first time export controls have been applied to a commercially available AI mod…
SpaceX will acquire AI startup Anysphere, developer of the Cursor coding tool, for $60 billion in an all-stock deal. Anysphere shareholders will receive SpaceX Class A shares, with the transaction exp…
OpenAI's ChatGPT saw its US mobile app daily active user share drop to 38.7% in March 2026, down from 69.1% in January 2025, as Google's Gemini and Anthropic's Claude gained ground. The decline signal…
A new report from British Progress found no measurable job displacement from generative AI in the UK labor market, even in occupations considered most vulnerable to automation. The analysis shows AI a…