Bloomberg LP is acquiring Canoe Intelligence, an AI-driven platform that automates private markets data collection, in a deal announced July 29. The acquisition brings AI-powered document processing f…
Eliyan Corporation, a Santa Clara-based semiconductor startup founded in 2021, has raised $145 million at a $1 billion valuation to develop chiplet interconnect technology that eliminates data bottlen…
Meta CEO Mark Zuckerberg warned against banning Chinese AI models from the US market in a Financial Times interview on July 28, arguing such restrictions enable regulatory capture by dominant labs lik…
Bright Machines launched the Hybrid BRC, a human-in-the-loop robotic assembly cell for AI servers, to maintain digital traceability during manual assembly steps. The San Francisco-based manufacturer's…
SK Hynix reported Q2 2026 revenue of 79.3 trillion won, operating profit up 557% year-over-year to 60.5 trillion won, and net profit of 93.9 trillion won, yet its stock dropped 10-15% in Seoul trading…
Tether AI has introduced a new vision model for edge devices through its QVAC platform, with benchmarks showing its MedPsy 1.7B parameter model scoring 62.62 across multiple medical benchmarks, outper…
ASMPT Group CEO Robin Ng said in a July 29 Bloomberg interview that chip architecture will keep evolving as AI systems demand more silicon, with the semiconductor packaging giant benefiting from multi…
Tether Data, the technology arm of stablecoin issuer Tether, open-sourced VisionPsy-Nano, a vision-language model with 460 million parameters, on July 29 as part of its QVAC AI research initiative. Th…
Microsoft and Meta face investor scrutiny over AI spending this week as combined capital expenditure across Microsoft, Meta, Alphabet, and Amazon is projected to hit roughly $700 billion in 2026 and e…
Alphabet's AI strategy faces scrutiny after the company reported its first quarterly cash burn of $5.9 billion in Q2 2026, despite strong Google Cloud revenue growth, raising concerns about the sustai…
Visa reported fiscal Q3 2026 revenue of $11.63 billion, up 14% year-over-year, and total payment volume exceeding $4 trillion for the first time, while deploying over 150 AI-powered applications and l…
Brooklyn-based startup Pangram Labs claims its AI content detection tool achieves a 99.98% detection rate for AI-generated text with a false positive rate of 1 in 10,000, but academic evaluations from…
Global air cargo demand rose 7% year-over-year in June 2026, driven by AI hardware and semiconductor shipments from Asia to North America, according to a July 2026 report from freight analytics platfo…
NextEra Energy and Brookfield are reportedly planning a $100 billion data campus in Kentucky, which would be one of the largest data center developments in US history, driven by surging AI demand for …
Ofgem, the UK energy regulator, proposed requiring data centres to post refundable deposits potentially worth hundreds of millions of dollars before reserving grid capacity, aiming to curb speculative…
Marvell Technology is investing $250 million to expand its Bangalore facility into a dedicated AI development hub, targeting AI data center infrastructure. The company's India workforce of 1,700 emplo…
OpenAI CEO Sam Altman outlined a 'third wave' of artificial intelligence built on three pillars: chatbots, coding agents, and persistent AI agents that will function as autonomous digital colleagues. …
Moonshot AI, the Beijing-based startup behind the Kimi chatbot, has raised approximately $3.5 billion in its latest funding round, including a $2 billion Series D led by Meituan's venture capital arm …
Meta CEO Mark Zuckerberg warned the US against banning Chinese AI models, calling it 'not an effective solution' for maintaining American dominance in the AI race, and argued that open-source competit…
Tesla CEO Elon Musk thanked Micron Technology twice during Tesla's Q2 2026 earnings call on July 23, calling memory chip pricing 'pretty insane' and highlighting a 'very significant allocation' from M…