Meta and Oracle face heightened scrutiny from credit investors as their AI-driven capital expenditures surge, with Oracle's fiscal 2026 capex reaching $55.66 billion, exceeding its $50 billion target,…
The European Central Bank (ECB) warned that AI-driven tech stock valuations, particularly those of the 'Magnificent 7' U.S. tech firms, resemble a historical bubble period and pose potential correctio…
Blockstream launched Blockstream Swaps on August 10, 2026, a beta service enabling trustless atomic swaps between Bitcoin's mainchain, Lightning Network, and Liquid Network, just one week after Boltz …
The US House of Representatives purchased 6,000 Microsoft Copilot licenses in 2025 and approved Claude for official use, but a Washington Post investigation found that AI rules are unenforced, leaving…
Taiwan's Kuomintang (KMT) lawmakers proposed a NT$10,000 (about $316) cash handout to each eligible resident, backed by 23 legislators, with an estimated cost of NT$236 billion, as the economy grows a…
Alibaba Group Holding Ltd. is selling its gaming subsidiary Lingxi Games in a deal valued at more than $2 billion, according to Reuters, as the Chinese tech giant focuses on artificial intelligence an…
Asset managers are shifting focus to long-term returns from Big Tech AI spending, betting that hyperscalers will grow profits faster than they spend, with the biggest tech companies on track to add ro…
Chinese hedge funds Wealspring Asset and Shanghai Banxia Investment Management Center are rotating out of Nvidia and US hyperscalers Microsoft, Amazon, Alphabet, and Meta, calling the AI trade a 'supe…
Higgsfield AI, the generative video platform founded by former Snap executive Alex Mashrabov, is in advanced talks to raise between $300 million and $500 million at a pre-money valuation of $5 billion…
A state-backed Shanghai entity announced in July 2026 that it has commenced mass production of immersion DUV lithography tools targeting 28nm processes, with initial deliveries headed to SMIC, China's…
A Guardian investigation found that Microsoft's AI infrastructure claims exceed its actual deployed chip count, with thousands of advanced AI chips sitting in inventory because data center constructio…
China has announced its ambition to lead AI chatbot development, targeting Global South markets, as part of a strategy to integrate AI into its economy and influence global AI governance, according to…
Jane Street, the New York-based quantitative trading firm, lost approximately $15 billion in July 2026, its first monthly loss in nearly a decade, driven by volatility in AI-related stocks and a conce…
The top 1% of US businesses spent a median of $7,400 per employee per month on AI tools in July 2026, more than triple the under $1,000 per employee they spent in early 2024, according to Ramp's Augus…
Alibaba Group Holding Ltd. is nearing a deal to sell its gaming division, Lingxi Games, to Asian private equity firm Trustar Capital for at least $1.5 billion, as the e-commerce giant sheds non-core a…
Alphabet Inc., Google's parent company, has hired banks for its debut Australian dollar bond offering, expanding its multi-currency borrowing spree to fund AI infrastructure. The company raised roughl…
Sea Legend Shipping will launch the first scheduled weekly container service through the Arctic's Northern Sea Route, with the inaugural voyage of the 1,740-TEU vessel Dubai Tower departing Chinese po…
OpenAI and Amazon Web Services released a technical cookbook on August 13, 2026, showing developers how to enable AI agents to autonomously make micropayments using USDC on Coinbase's Base layer-2 net…
Stanford's Hazy Research group found that the intelligence per joule (IPJ) of local AI inference improved 18-fold from mid-2024 to late 2025, driven by a 3.1x gain from model architecture improvements…
OpenAI disbanded its Preparedness team at the end of July, marking the third safety-focused team dissolution in two years, according to the Financial Times. The team's responsibilities for bio and cyb…