Spot rental prices for the same GPU cluster doubled from under $2 per hour to nearly $4 per hour over seven months, according to Gavin Baker, CIO of Atreides Management, who flagged the surge on Augus…
The Dow Jones Industrial Average closed at a record high on August 3, 2026, as the Nasdaq climbed 2.1% and the S&P 500 advanced 1.5%, despite Alphabet reporting its first negative free cash flow since…
Amazon's $13 billion investment in Anthropic is now worth approximately $190 billion, a roughly 14x increase, following Anthropic's Series H funding round in May 2026 that valued the AI safety company…
Volta Infra Holdings emerged from stealth on August 4, 2026, announcing a $300 million raise co-led by Andreessen Horowitz and Altimeter Capital at a $2.4 billion post-money valuation, alongside a $10…
Glassnode has launched a beta Model Context Protocol (MCP) server that lets AI agents autonomously discover, query, and purchase its premium on-chain analytics using Coinbase wallets and USDC payments…
OpenAI's GPT-5.5 Pro pricing, at $180 per million output tokens, caused API bills to reach hundreds to thousands of dollars for users running unapproved automations between May and July 2026. The inci…
Alibaba released its latest AI model, Qwen3.8-Max, for free, nearly matching the capabilities of Claude and ChatGPT. The model, part of Alibaba Cloud's Qwen family, has 2.4 trillion parameters and riv…
Alibaba Group Holding Ltd. announced it will release its Qwen Max AI model with public weights next week, positioning the Chinese tech giant in closer competition with leading American models such as …
SK Hynix, which controls roughly 58% of the high-bandwidth memory market, received a bullish endorsement from Wedbush as a global memory shortage tightens the AI supply chain. On July 10, SK Hynix com…
Apple Inc. selected Google LLC's Gemini large language model to power the next generation of Siri, a partnership that briefly pushed Alphabet Inc.'s market capitalization to $4 trillion in January 202…
The World Bank's upcoming World Development Report for 2026 urges developing economies to rapidly adopt artificial intelligence, calling it a 'lifeline' as these nations face their weakest average gro…
Galaxy Digital will report its second-quarter 2026 financial results on August 5, with a webcast at 8:30 a.m. ET, as the crypto firm expands into data centers with a 500-acre campus in McGregor, Texas…
FutureSearch, an AI forecasting platform founded in August 2023, has exited public beta and launched publicly, claiming its AI outperforms the median human superforecaster with a 91% annualized return…
Safe Superintelligence Inc., the AI research lab founded by former OpenAI chief scientist Ilya Sutskever, plans to release its first model in August 2026 after raising $3 billion and reaching a $32 bi…
Nvidia released Alpamayo 2 Super, a 34 billion parameter vision language action model for commercial robotaxi development, available under the Linux Foundation's OpenMDW 1.1 license. The model, which …
The U.S. Department of Justice has settled with OpenAI over allegations that the company discriminated against U.S. workers, adding OpenAI to a list of tech companies facing federal scrutiny over hiri…
SOXL, the Direxion Daily Semiconductor Bull 3X ETF, jumped 18% as semiconductor stocks rebounded on AI spending outlook, with Micron, Intel, and AMD each gaining more than 7%. The rally follows a shar…
Tesla's Q2 2026 earnings call on July 22 showcased CEO Elon Musk's pivot toward AI and robotics, with Musk declaring the Optimus humanoid robot could be 'the biggest product ever' for the company. Tes…
DDN and Nvidia are collaborating to let GPUs initiate data access directly through DDN's Infinia platform and Nvidia's Storage-Next initiative, reducing latency and improving GPU utilization for AI wo…
Hut 8 Corp. shares fell about 4.5% in late morning trading after the company reported second-quarter revenue of $74.9 million, missing analyst estimates. The company's contracted AI infrastructure por…