Oracle cut 21,000 jobs, or 13% of its global workforce, and recorded $1.84 billion in severance costs as it redirects capital toward AI infrastructure and data centers, according to the company's SEC …
Kaito AI announced a formal data agreement with X (formerly Twitter) to secure official access to X's data firehose, reversing API restrictions that caused a 20% drop in the KAITO token in January 202…
Alibaba's Qwen team previewed Qwen3.8-Max, a 2.4 trillion parameter multimodal AI model, at the World AI Conference in Shanghai on July 19, which outperformed competitors like Moonshot AI's Kimi K3 an…
A group of US lawmakers is pressing the Trump administration to close an alleged loophole in semiconductor export controls that they say allows Chinese firms like Huawei to access advanced AI chips th…
Retired US Army General James 'Spider' Marks warns that closed AI systems pose national security risks as China's open-source Kimi K3 model, with 2.8 trillion parameters and a 1 million-token context …
The White House launched Gold Eagle, a federal cybersecurity clearinghouse operational since July 2, 2026, to coordinate patching of AI-discovered software vulnerabilities faster, with the Treasury De…
Alphabet Inc. reported its first-ever negative free cash flow, citing increased capital expenditures related to artificial intelligence. The development has raised concerns about the company's financi…
Alphabet's £1 billion 100-year bond has fallen below 90 pence for the first time since its February 2026 issuance, erasing roughly 10% of principal for investors who bought at face value. The century …
Nvidia CEO Jensen Huang told the World Economic Forum in Davos that an AI bubble is unlikely within the next five years due to massive infrastructure gaps and hardware constraints, requiring trillions…
DeepSeek, the Chinese AI lab founded by Liang Wenfeng, is raising roughly $10 billion at a $45 billion valuation from China's state AI fund and High-Flyer, with the founder stating the company priorit…
Israel’s National Artificial Intelligence Directorate is in active talks with TSMC, Samsung Electronics, and Intel to build a semiconductor fabrication facility capable of producing 2-nanometer or sma…
White House Office of Science and Technology Policy Director Michael Kratsios accused Chinese AI startup Moonshot AI of acquiring Nvidia's banned GB300 chips through Thai infrastructure to train its 2…
JPMorgan strategist Jason Hunter warned that a widening gap between AI chip stocks and hyperscalers over the next few weeks will determine whether the market faces a healthy rotation or a correction r…
Microsoft and Amazon are negotiating community benefit agreements with small towns across the Midwest to secure electricity for AI-driven data centers, with Microsoft's initiative in West Des Moines p…
Tesla raised its 2026 capital expenditure guidance to over $25 billion, up from over $20 billion in January, as the EV maker bets heavily on AI, the Cybercab robotaxi program, and the Optimus humanoid…
Tesla reported record revenue of $28.24B in Q2 2026 but missed profit forecasts with adjusted EPS of $0.33 versus Wall Street expectations of $0.50-$0.53, and free cash flow swung to negative $1.1B, t…
Nokia reported €2.8 billion in new AI and cloud orders for Q2 2026, nearly tripling from €1 billion in Q1 2026 and surpassing the €2.4 billion booked for all of 2025. CEO Justin Hotard said demand rem…
Tesla shares fell roughly 6% in premarket trading on July 23, dragging S&P 500 futures down about 0.3% ahead of the company's Q2 earnings report. The sell-off came despite Tesla delivering 480,126 veh…
Intel is set to report second-quarter 2026 earnings after market close, with Wall Street consensus estimating EPS of $0.22 and revenue of $14.42 billion, representing sequential growth from Q1 2026 re…
A Florida pastor, Scott Winters, 55, sued OpenAI and CEO Sam Altman on July 22, 2026, alleging that ChatGPT misdiagnosed his pulmonary embolism, used faith-based language to discourage medical care, a…