The S&P 500 closed at roughly 7,736.52 in early August 2026, up about 1.8%, and the Dow Jones Industrial Average crossed 54,000 for the first time, driven by AI-fueled earnings from Palantir, Microsof…
DeepSeek's V4 Flash model, launched July 31, topped AI leaderboards but completed only 53.8% of complex agent tasks in independent testing by Composio, with 129 of 240 runs passing across 30 multi-ste…
Goldman Sachs is steering investors toward mainland-listed Chinese stocks in power supply chains, hardware infrastructure, and humanoid robots, citing a 111% year-over-year surge in China's chip expor…
Riot Platforms signed a $9 billion, 20-year compute agreement with Anthropic for 191 megawatts of capacity at its Rockdale, Texas facility, marking a strategic shift from Bitcoin mining to AI data-cen…
The Roundhill Memory ETF (DRAM), launched April 2, has amassed $27.44 billion in assets and returned 161.51%, with 25.42% of its portfolio concentrated in Micron Technology. The fund, which holds 24 m…
OpenAI has updated its privacy policy to support ad personalization as it expands sponsored content in ChatGPT to the UK, Mexico, Brazil, Japan, and South Korea, following a US launch on February 9, 2…
State legislators across the U.S. are enacting or considering laws to force data center operators to share the financial burden of their energy consumption, with Virginia's Data Center Electricity Con…
Dhaval Joshi, former Chief Strategist for the Counterpoint strategy at BCA Research, warned on LinkedIn on August 3 that AI is not a single bubble but a rolling sequence of bubbles, where capital flee…
CoreWeave co-founders have sold billions in stock since the lockup expired in mid-2025, with CEO Michael Intrator generating approximately $20.5 million from share sales in July and Chief Development …
Wynd Kaufmyn, a 69-year-old retired engineering professor, was sentenced to 14 days in jail for chaining shut OpenAI's San Francisco headquarters, becoming the first person imprisoned for protesting A…
Malaysia has approved roughly RM184.7 billion ($42 billion) in data center investments since 2021, making it a key AI infrastructure hub, with Johor leading Southeast Asia in data center growth. Googl…
Nomura's Cross-Asset Macro Strategist Charlie McElligott warned that over $300 billion in autocallable derivatives tied to mega-cap tech stocks could trigger a sharp volatility spike, while AI and dat…
Anthropic CEO Dario Amodei said artificial intelligence could cure most diseases within the next decade, a vision outlined in his 2024 essay 'Machines of Loving Grace.' Anthropic has launched an AI dr…
Palantir Technologies CEO Alex Karp reported Q2 2026 revenue of $1.94 billion, a 93% year-over-year increase, and GAAP net income of $1.062 billion, using the results to intensify his criticism of Ope…
Craft Ventures, the venture firm co-founded by David Sacks, is targeting roughly $1 billion for its fifth fund, according to an SEC filing dated August 7, 2026. If successful, Craft Ventures V would p…
Commerce Secretary Howard Lutnick said on August 14, 2026, that the Trump administration is 'not in favor' of Apple purchasing memory chips from Chinese manufacturers ChangXin Memory Technologies (CXM…
A New York Post report says the AI boom has created a record number of billionaires, with Forbes' 2026 list adding 45 new fortunes tied directly to AI ventures, fueling luxury spending on watches, hom…
Retail investors accumulated $27 billion in net purchases of Nvidia stock over the past year, the most among the Magnificent 7, according to Vanda Research. Nvidia's weight in typical retail portfolio…
Bybit, a cryptocurrency exchange, has added pre-IPO perpetual contracts for Unitree Robotics and Moonshot AI to its TradFi perpetuals lineup, which now exceeds 200 products. The contracts, UNITREEUSDT…
Nvidia is in talks to guarantee approximately $250 billion in financing for OpenAI's lease of SB Energy's planned 10-gigawatt data center in Ohio, part of the Stargate AI infrastructure initiative, ac…