Baseten, an AI inference platform, raised $300 million in a Series E round at a $5 billion post-money valuation, co-led by Institutional Venture Partners (IVP) and CapitalG, Google's growth fund, with…
Bitcoin's estimated mining production cost is $54,939, and the asset's price has remained above that floor despite post-halving economic pressure and a historic dip in hashrate. The network's hashrate…
New orders for durable goods rose 0.3% in June to $334.8 billion, beating economist expectations of a flat reading, according to the US Census Bureau. Excluding transportation, orders climbed 0.6%, wi…
SK Hynix controls roughly 56% of the global high-bandwidth memory market and is Nvidia's primary supplier of the memory chips essential for AI accelerators, making it the most critical player in the A…
Cloudflare launched cloudflare.id, a persistent identity tool and wallet that lets AI agents verify their identity and make payments, with transactions settling in USDC on Coinbase's Base layer-2 bloc…
Arizona, Pennsylvania, Illinois, and Texas are rolling back data center tax incentives, with Arizona enacting a three-year moratorium on new sales tax exemption applications from July 1, 2026, through…
Nvidia, Cisco, and CrowdStrike are each developing proprietary AI security frameworks rather than collaborating on a unified standard. Nvidia launched the Open Secure AI Alliance on July 27, 2026, inc…
Webull launched its Model Context Protocol (MCP) server on June 11, enabling U.S. clients to use natural language with AI assistants like ChatGPT, Claude, and Grok to query markets, manage accounts, a…
Microchip Technology and Micron Technology unveiled an end-to-end PCIe Gen 6 storage architecture at the Future of Memory and Storage Conference on August 4, 2026, pairing Micron's 9650 NVMe SSD, the …
Runware launched the Sonic Inference Pod, a modular, containerized AI compute unit that deploys in three weeks and houses over 1,000 GPUs with 1 megawatt of inference compute, aiming to cut infrastruc…
The Linux Foundation launched the Tokenomics Foundation with 29 founding members, including JPMorgan Chase, IBM, Accenture, and Oracle, to standardize how enterprises measure and manage AI token costs…
Block Inc., the fintech company led by Jack Dorsey, announced on February 26 that it will cut approximately 4,000 jobs, reducing its workforce from over 10,000 to about 6,000, a 40% reduction, as part…
Enphase Energy announced its IQ Solid-State Transformer (IQ SST) platform for AI data center power infrastructure, targeting an 11 GW annual US market by 2031. The modular system starts at 1.25 MW, sc…
Bitdeer Technologies shares surged 23% after the Singapore-based company signed a $4.7 billion colocation lease for a 180 MW AI data center in Tydal, Norway, through subsidiary Tydal Data Center AS. T…
Goldman Sachs reports that Asia-focused long/short equity hedge funds suffered an average loss of 18.6% through July 28, marking the single worst month on record for the strategy, as a tech selloff er…
SpaceX is set to release its first quarterly earnings as a public company on August 4, 2026, with analysts projecting Q2 revenue of $6.8–6.9 billion, up from $4.7 billion in Q1, while shares have fall…
Anthropic has entered into a $10 billion agreement to secure computing capacity from a months-old infrastructure startup, according to sources familiar with the matter. The deal underscores Anthropic'…
CoreWeave is opening its first data centers in Indonesia, marking the company's debut in the Asian market. The AI cloud company, which reported revenues of $2.1 billion in Q1 2026 and a revenue backlo…
Bitdeer Technologies Group has signed a colocation lease for a 180-225 MW AI data center in Tydal, Norway, expected to be the country's largest, with completion targeted as early as December 2026. The…
Jeff Bezos filed to sell 15 million Amazon shares worth approximately $4.07 billion on August 4, one day after Amazon crossed the $3 trillion market capitalization threshold on August 3, becoming the …