Oracle Corp. shares plunged 12% on June 11, erasing roughly $72 billion in market value, after the company forecast about $70 billion in net capital expenditures for fiscal 2026, mostly for AI data-ce…
OpenAI merged its standalone Codex app into ChatGPT's desktop client for macOS and Windows, rolling out on July 9, 2026, to create a unified workspace with cloud-synced Work chats and integrated Proje…
Super Micro Computer Inc. reported fiscal Q4 2026 non-GAAP diluted EPS of $1.70, beating the consensus estimate of $1.33 by 28%, with net sales of $11.12 billion, up 93% year-over-year from $5.76 bill…
Lumentum Holdings reported net revenue of $1.006 billion for fiscal Q4 2026, a 109% increase from $480.7 million a year earlier, and non-GAAP EPS of $3.23, beating the consensus estimate of $2.99. The…
Microsoft's second-generation Maia 200 AI chip delivers operational costs 30% to 40% lower than comparable Nvidia hardware for certain models, according to Microsoft. The chip, unveiled on January 26,…
Anthropic announced Monday that Claude models released on or after August 2, 2026, will embed an imperceptible, machine-readable watermark into all generated text, aligning with EU AI Act transparency…
SpaceX and Tesla announced plans for a joint semiconductor factory in Grimes County, Texas, spanning over 100 million square feet, with an initial investment of $16.8 billion and potential full buildo…
HDFC TRU reports that the Magnificent Seven—Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet, and Tesla—now account for 58% of the S&P 500's risk profile despite representing only 35% of its market ca…
XAI released Grok Build version 1.0.0 on August 7, 2026, after a 10-week beta that included roughly 100 updates. The terminal-based coding agent, which transitioned to the Grok 4.5 model, was open-sou…
AI hyperscalers Amazon, Microsoft, Alphabet, and Meta produced post-earnings volatility typically reserved for smaller companies during the August 2026 earnings cycle, with first-week options straddle…
US Treasury Secretary Scott Bessent endorsed Meta's release of Muse Glimmer, a 30-billion-parameter open-source AI model launched on August 10, 2026, calling it a win for American innovation and a bul…
A new paper from Google DeepMind, co-authored by Turing Award winner David Patterson and Xiaoyu Ma, argues that the biggest obstacle to scaling large language model inference is memory, not raw comput…
Alibaba Cloud unveiled CUBE 5.0, a modular data-center architecture that can build fully operational AI data centers in 100 days, cutting construction costs by more than 10%. The system pushes prefabr…
The US Energy Information Administration projects record-high US electricity consumption of 4,269 billion kWh in 2026 and 4,399 billion kWh in 2027, driven largely by AI data center demand. Commercial…
CME Group will launch two compute futures contracts on October 5, 2026, enabling AI companies and investors to hedge against volatile GPU rental costs. The contracts, developed with Silicon Data, trac…
Nvidia's stock surged more than 10% in the week ending August 8, 2026, easing market fears about AI infrastructure spending, according to analysts. The rally followed SpaceX's announcement of plans to…
Higgsfield AI produced a 110-minute AI-generated feature film, The Cully Hill Boys, for about $2 million in four weeks with a 28-person team, premiering August 5 in New York City. The film uses ByteDa…
OpenAI's ChatGPT desktop app is reportedly available in preview for Linux, marking the first official native client for the platform after years of unofficial workarounds. The preview follows a waitli…
Manus, the Singapore-based AI startup, will resume independent operations after China's National Development and Reform Commission blocked Meta's $2 billion acquisition on April 27, 2026, citing techn…
Riot Platforms signed a 20-year contract to supply 191 megawatts of data center capacity to AI company Anthropic at its Rockdale, Texas facility, potentially generating up to $16.1 billion in total re…