Michael Burry's Scion Asset Management has increased its short position against Nvidia, adding to put options first disclosed in late 2025 and expanding bearish bets across the semiconductor sector wi…
A coalition of roughly 25 tech giants, including Nvidia, Microsoft, Meta, Palantir, Hugging Face, a16z, Mistral, Dell, and IBM, signed an open letter on July 24, 2026, urging US policymakers not to re…
Chinese AI startup DeepSeek has paused discussions on a second funding round just weeks after closing a $7.4 billion raise at a $52 billion valuation, according to the company's direct communication w…
DeepSeek, the Chinese AI startup, is seeking to raise at least 10 billion yuan in a follow-on funding round at a pre-money valuation of roughly $71 billion, just weeks after closing its first external…
Anthropic reduced the system prompt powering its Claude Code coding agent by approximately 80%, from roughly 800 tokens to 164, with no performance loss and potential improvement, announced engineer T…
Karnataka, the Indian state housing Bengaluru, is in exploratory talks with Anthropic to integrate AI into public services under a concept called 'i-governance,' moving beyond digitized bureaucracy to…
More than 200 startups, including members of Y Combinator's network, are opposing proposed U.S. bans on Chinese AI models that have already cut costs in half for companies like Coinbase, which reporte…
NAVER is scaling its GAK Sejong AI data center in South Korea to 200 megawatts by 2028, backed by roughly $10 billion in combined investment from NVIDIA and Brookfield Asset Management. The facility, …
Six major tech companies—Amazon, Alphabet, Microsoft, Meta, Oracle, and Nvidia—have collectively issued roughly $244 billion in bonds globally through mid-July 2026 to fund AI infrastructure, more tha…
Anthropic's CFO Krishna Rao revealed on a May 13 podcast that the company's top internal consumer of AI tokens is the head of tax, not engineers or researchers, signaling deep AI adoption in finance. …
Samsung Electronics signed a memorandum of understanding with Broadcom valued at over $200 billion to supply high-bandwidth memory and 2-nanometer foundry services for Broadcom's next-generation AI ch…
SK Hynix and Samsung Electronics have signed long-term memory chip supply deals with Nvidia and Broadcom totaling $950 billion, with SK Hynix supplying $750 billion primarily to Nvidia and Samsung con…
OpenAI has signed a Microsoft-led open letter advocating for open-weight AI models, marking a strategic pivot from its previous closed-source approach. The letter, titled "Open Weights and American AI…
The Nasdaq Composite dropped roughly 1-2% as Alphabet raised its 2026 capex guidance to $195B-$205B and Tesla announced elevated AI spending plans, fueling investor fears that AI spending is outpacing…
Anthropic CEO Dario Amodei called the trajectory of Chinese AI models 'dystopian' as security testing showed DeepSeek models have a 94% jailbreak success rate, compared to heavily invested US models. …
Anthropic, the company behind the Claude AI models, has approached SK Hynix about securing high-bandwidth memory chip supplies to support its push into custom semiconductor development. The move follo…
Hyundai Motor Group Executive Chair Euisun Chung met with NVIDIA CEO Jensen Huang on July 24 to formalize a 'Physical AI Alliance' focused on autonomous driving, humanoid robotics, and AI-powered manu…
Nvidia and SK Group announced a partnership worth over $500 billion on July 24 to build AI data centers and next-generation memory infrastructure, representing one of the largest single commitments to…
South Korean President Lee Jae Myung will host an AI summit in San Francisco on July 25 with CEOs from Nvidia, OpenAI, Anthropic, and Broadcom, aiming to position South Korea as a cornerstone of the g…
MARA Holdings CEO Fred Thiel said AI data centers generate more revenue per unit of electricity than Bitcoin mining, prompting a strategic pivot. The company partnered with Starwood Capital Group to r…