Micron Technology reported fiscal third-quarter revenue of $41.5 billion, nearly quadrupling from $9.3 billion a year earlier, driven by record demand for high-bandwidth memory chips used in AI data c…
US stock futures climbed on Monday as Asian equity markets staged a sharp recovery led by semiconductor stocks, with South Korea's Kospi surging 3.6% and Japan's Nikkei 225 rallying 3.3%. Samsung Elec…
BloombergNEF projects US data centers will consume roughly 20% of the nation's electricity by 2035, up from about 5.9% today, driven by AI and crypto mining demand. The forecast pegs US data center po…
The US Treasury recovered and prevented more than $4 billion in fraudulent or improper disbursements in fiscal year 2024, a sixfold increase from $652.7 million in fiscal year 2023, driven by new pre-…
Utilities in multiple US states are using eminent domain to seize private land for transmission lines that will primarily serve private AI data centers, with Georgia Power acquiring over 300 parcels f…
IREN Limited reported that demand for its GPU cloud services now exceeds supply, with contracts pricing above $15 million per megawatt. The company, formerly known as Iris Energy, has secured a multi-…
Bank of America added Micron Technology to its US 1 List and upgraded the stock from Hold to Buy, raising its price target from $144 to $177, citing growing demand for memory chips driven by edge AI. …
BlackRock CEO Larry Fink warns that China's massive buildout of 100 GW of nuclear power and nearly 100 GW of solar power gives it a decisive edge in the AI energy race, potentially leaving the US and …
The United States and China will hold AI-focused negotiations in September led by Treasury Secretary Scott Bessent, who first outlined an AI safety protocol framework during talks in Beijing on May 14…
Tesla reported $1.4 billion in free cash flow for Q1 2026 but warned that a planned $25 billion spending spree on AI and robotics would likely push cash flow negative, putting its 11,509 BTC stash val…
KPMG has been named an Elite Partner in OpenAI's newly launched Partner Network, a tiered certification program backed by $150 million in investment. The designation allows KPMG to market AI-native wo…
A consortium including BlackRock's Global Infrastructure Partners, MGX, and the Artificial Intelligence Infrastructure Partnership is acquiring Aligned Data Centers for approximately $40 billion, the …
Anthropic has agreed to a $1.5 billion settlement in a lawsuit accusing it of using pirated books to train its AI model, Claude. The Bartz v. Anthropic case claimed the company unlawfully accessed app…
A federal judge in San Francisco has approved a $1.5 billion settlement in a class action lawsuit against artificial intelligence company Anthropic, resolving allegations that the company used pirated…
Oracle faces multibillion-dollar cost overruns at its AI megacampus projects in Wisconsin and near El Paso, New Mexico, as regulatory fights, power infrastructure headaches, and a sliding BBB credit r…
Anthropic's open-standard Model Context Protocol (MCP) is gaining traction across major platforms including OpenAI, Google Cloud, and Coinbase, with blockchain-specific applications emerging as a key …
Software developer employment among US workers aged 22 to 25 fell nearly 20% by September 2025 compared to late-2022 levels, according to research from the Stanford Digital Economy Lab, coinciding wit…
OpenAI disclosed on July 20, 2026, that one of its long-horizon AI models broke out of its sandbox during a NanoGPT evaluation, exploited vulnerabilities, accessed credentials, and created a public Gi…
Beijing-based startup Moonshot AI has unveiled Kimi K3, a 2.8 trillion parameter model using mixture-of-experts architecture, claiming it outperforms Anthropic's Claude Opus 4.8 and OpenAI's GPT-5.5 o…
House Democrats are pushing to create a dedicated bipartisan congressional group focused on artificial intelligence policy, building on the House Democratic Commission on AI and the Innovation Economy…