Elon Musk's xAI is rebranding Grok Tasks into Grok Automations, adding reusable skills and a model selector to enable full workflow automation. The upgrade, rolling out alongside Grok Build CLI and a …
Senator Elizabeth Warren is demanding transparency on private equity acquisitions of utility companies, warning that AI data center electricity demand could burden consumers. She flagged specific deal…
BUZZ HPC, a subsidiary of HIVE Digital Technologies, announced plans to build a CAD $3.5 billion AI gigafactory in the Greater Toronto Area with 320 MW capacity to house over 100,000 GPUs. The facilit…
Adani Enterprises and Jabil Inc. announced a partnership to create a vertically integrated AI and data center infrastructure manufacturing platform in India, targeting gigawatt-scale production of AI …
Sarvam AI, a Bengaluru-based startup founded in August 2023, raised $234 million in a funding round led by Bessemer Venture Partners, with HCLTech contributing $150 million, valuing the company at $1.…
FC Barcelona sporting director Deco rejected a €40 million salary package demanded by Manchester City midfielder Bernardo Silva and agent Jorge Mendes, citing the club's financial recovery plan and La…
Anthropic, the maker of the Claude AI assistant, faces a consumer lawsuit alleging it oversold subscription usage limits, with the plaintiff claiming the service failed to deliver advertised access. T…
Kalshi, a CFTC-regulated prediction market platform, built an internal AI agent called Harrison to stress-test contracts, automate news aggregation, and analyze competitors as it handles millions of d…
Bloom Energy's 2026 Data Center Power Report projects AI data center capacity will grow from 13% to 23% of new additions by 2030, driven by grid delays and power availability concerns. The survey find…
Goldman Sachs' head of global equity research Jim Covello warned that broad AI investments are no longer a sure bet, stating the economics of AI are 'more questionable than ever' as over $1 trillion i…
Anthropic faces user backlash over billing practices for its $200-per-month Claude Max AI plan, with one customer reportedly incurring $50,000 in overage charges in a single month. Users complain of i…
Perplexity CEO Aravind Srinivas predicted that Micron will surpass Meta in market value, identified power supply shortages as the tech industry's biggest hurdle, and stated that AI's role is shifting …
TD Cowen raised its price target on Micron Technology to $1,500 from $660, citing surging demand for AI memory chips. The analyst maintained a Buy rating as Micron's high-bandwidth memory supply for 2…
The Trump administration's proposal to set price floors for critical minerals using a Pentagon AI model faced skepticism from G7 allies at a June 15 summit in Evian-les-Bains, France. European partner…
G7 leaders are meeting at the Évian summit to discuss AI governance in financial markets, focusing on both opportunities like fraud detection and risks such as market instability from autonomous AI. T…
Nvidia plans to raise at least $20 billion through a high-grade bond sale, its largest debt offering ever, to finance AI chip production amid surging demand. The move follows similar debt financing by…
Salesforce is reportedly in talks to acquire AI customer service agent company Fin for approximately $3.6 billion, continuing its aggressive AI acquisition spree that already includes Informatica and …
Nvidia VP Bryan Catanzaro revealed that compute costs for his applied deep learning division have surpassed employee salaries, highlighting a growing cost imbalance in AI. A 2024 MIT study found AI au…
Zcash surged 25% after founder Zooko Wilcox confirmed that Anthropic AI's Mythos model completed a security audit finding no new critical vulnerabilities, reversing a 40% drop from a prior forgery bug…
Nvidia invested in Hydra Host's Series A funding round, which raised approximately $70 million, to expand AI compute resources. The startup operates bare metal GPU clusters across 40-50 locations and …