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Cryptobriefing (auto-discovered)

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11:26
2026-08-20
cryptobriefing.com
artificial-intelligence

Meta becomes one of Microsoft’s largest AI customers

Meta has become one of Microsoft's largest AI customers, spending billions on Azure cloud services for AI research, even as the two compete in AI infrastructure. Microsoft reported a 70% increase in q…

11:20
2026-08-20
cryptobriefing.com
ai-policy

Massachusetts lawmakers seek to establish strict AI safeguards

Massachusetts lawmakers are advancing two competing bills, H5527 and S.3178, that would impose strict safety and transparency requirements on major AI developers, with Anthropic endorsing the stricter…

11:17
2026-08-20
cryptobriefing.com
ai-chips

AMD bets on affordable AI chips amid financing challenges

AMD announced on August 6 its acquisition of Taalas, a Toronto-based startup whose HC1 accelerator delivers inference at 16,000 tokens per second per user, roughly 45 times faster than optimized Nvidi…

11:06
2026-08-20
cryptobriefing.com
artificial-intelligence

Alibaba reports 75% profit drop amid increased AI spending

Alibaba Group Holding Ltd. reported a 75% drop in net income to RMB 10,444 million ($1.5 billion) for the quarter ending June 30, while revenue rose 9% to RMB 268,953 million ($39.6 billion), as the C…

10:36
2026-08-20
cryptobriefing.com
artificial-intelligence

CrowdStrike CTO departs to launch $170M AI-cyber fund

Elia Zaitsev, Global Chief Technology Officer at CrowdStrike, is leaving the company after 13 years to launch a $170 million fund focused on AI-driven cybersecurity, with his last day set for August 2…

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