Monday.com is laying off 620 employees, or 20% of its global workforce, as the NASDAQ-listed work management platform pivots toward an AI-driven operating system. The company said the cuts are necessa…
Csquare, Inc., a data center operator backed by Brookfield Asset Management, completed its IPO on the New York Stock Exchange at $21 per share on July 15, 2026, raising approximately $1.05 billion, be…
The White House has accused Chinese AI startup Moonshot AI of improperly using American AI models and Nvidia chips to build Kimi K3, a 2.8-trillion-parameter open-weight model that rivals systems from…
Mercor, a San Francisco-based AI recruiting and data platform, reported $614 million in gross revenue for the first half of 2026, with over 90% coming from AI foundation model companies, implying a $2…
Franklin Templeton, the $1.7 trillion asset manager, argues in a LinkedIn post by digital assets head Sandy Kaul that autonomous AI agents will create massive demand for blockchain infrastructure, cal…
SpaceX and xAI are building an 11-million-square-foot satellite factory in Bastrop, Texas, called Gigasat, to produce orbital data centers for AI computing, targeting 1 gigawatt of annual orbital AI c…
Google used Samsung's Galaxy Unpacked stage on July 22 to unveil Gemini Intelligence, a suite of AI features that can automate tasks across more than 40 popular applications, including ordering dinner…
Advanced Micro Devices (AMD) is reportedly set to invest up to $5 billion in Anthropic, according to the Wall Street Journal, positioning AMD as a key player in AI infrastructure and challenging Nvidi…
Intel's upcoming quarterly earnings report has become a critical test for the AI-driven stock rally, as the chipmaker's results could either validate broad semiconductor demand or expose concentration…
OpenAI raised its cloud and compute infrastructure spending forecast to roughly $750 billion through 2030, up 25% from the $600 billion target set earlier this year, according to a July 22 Wall Street…
Alphabet is set to release its Q2 2026 financial results on July 22, with investors focused on whether its massive AI spending is paying off. The company raised its 2026 capital expenditure guidance t…
CrowdStrike and Cerebras Systems announced a partnership on July 22 to enhance AI security, with CrowdStrike deploying its Falcon AIDR models on Cerebras' inference hardware to accelerate threat detec…
Chile aims to attract roughly $100 billion in copper mining investments over the next decade to expand output for data centers and AI infrastructure while reducing dependence on China, which absorbs o…
California Attorney General Rob Bonta has established a Memorandum of Understanding with OpenAI that gives the state oversight over the AI company's transition from a nonprofit to a publicly traded co…
Atlanta-based QumulusAI announced a two-year, take-or-pay deal worth more than $18 million to supply Nvidia Blackwell B300 GPU nodes to a global GPU cloud marketplace, making QumulusAI one of its prim…
The Trump administration plans to redirect billions from a $200 billion annual federal research budget away from traditional university grants toward artificial intelligence development, individual re…
Twenty-six current and former Meta employees are suing the company in federal court, alleging that AI-assisted systems including productivity scoring, token usage tracking, and performance ranking alg…
Qualcomm and Samsung expanded their three-decade chip partnership to cover the Galaxy AI ecosystem, announced at Galaxy Unpacked on July 22, 2026. The Galaxy Z Fold8 series runs on the Snapdragon 8 El…
The FY2027 National Defense Authorization Act includes provisions that would deeply integrate US and Israeli military technology and supply chains, expanding cooperation into AI, autonomous systems, a…
Anthropic is testing a new feature called Managed Projects within its Claude AI platform, designed to give users dedicated cloud environments for organizing and running multi-step workflows. The featu…