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13:19
2026-08-05
cryptobriefing.com
artificial-intelligence

Google surpasses Apple to become second largest company globally

Alphabet Inc., the parent company of Google, surpassed Apple Inc. to become the world's second-largest public company by market capitalization, closing at $3.88 trillion on January 7, 2025, compared t…

12:28
2026-08-05
cryptobriefing.com
artificial-intelligence

Europe’s IPO backlog nearly halves as AI potential looms

Europe's IPO pipeline has shrunk from 373 companies at the start of 2025 to 223 by mid-2026, a decline of roughly 40%, according to PitchBook, while US exchanges attract AI and space-related filings. …

12:21
2026-08-05
cryptobriefing.com
artificial-intelligence

Hayes links GPU debt issues to Bitcoin surge to $1M

BitMEX co-founder Arthur Hayes argues that a $1.5 trillion AI hardware credit bubble, driven by lenders financing Nvidia H100 GPUs over 5-6 year terms despite a 2-3 year useful life, could trigger a f…

12:18
2026-08-05
cryptobriefing.com
artificial-intelligence

Algorand’s x402 payments surge 30x to 40,600 daily settlements

Daily x402 settlements on Algorand surged from 1,300 to 40,600 in five days, a 30x increase driven by the Global x402 Challenge, which offers a $100K USD and 500K ALGO prize pool. The network has proc…

09:52
2026-08-05
cryptobriefing.com
artificial-intelligence

Foxconn sales hit record high on strong AI demand from Nvidia

Hon Hai Precision Industry Co., also known as Foxconn, reported a 54.2% increase in monthly sales to NT$946.5 billion, the highest on record, driven by strong demand for AI servers from clients such a…

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