Apple filed a 41-page federal lawsuit on July 10, 2026, accusing OpenAI of orchestrating a systematic campaign to steal proprietary hardware designs and manufacturing processes from departing Apple em…
Chinese President Xi Jinping called for China to lead global AI rules and profit from the technology's rollout during the World Artificial Intelligence Conference in Shanghai on July 17, announcing th…
The Philadelphia Semiconductor Index has fallen more than 20% from its late June high, entering bear market territory as the AI rally unravels. The index dropped 11% in a single week, its worst since …
Alphabet shares fell as much as 7.2% intraday on June 22, closing down roughly 5% in the company's worst single-day performance in over a year, after a wave of high-profile AI researcher departures fr…
Chinese AI startup Moonshot AI released its Kimi K3 model, triggering a broad market selloff that dragged Bitcoin below $64,000, Ethereum near $1,800, Solana around $75, and XRP near $1.07. The Fear &…
SpaceX and Blue Origin are racing to deploy massive satellite constellations for orbital AI data centers, with SpaceX filing for up to 1 million satellites and Blue Origin filing for approximately 51,…
Nebius Group raised $775 million in its first senior secured debt facility on July 17, priced at Term SOFR + 2.50% and maturing October 31, 2030, to expand its AI cloud platform without diluting share…
Alphabet plans to spend between $175 billion and $190 billion on capital expenditures in 2026, more than double the $90 billion it spent in 2025, as CEO Sundar Pichai flags persistent compute constrai…
Meta Platforms shares fell roughly 5.5% on June 5, closing around $593 after a Financial Times report suggested the company was weighing a massive equity offering to fund its AI infrastructure buildou…
DeepSeek, the Chinese AI lab spun off from the High-Flyer hedge fund, is targeting a valuation between $71 billion and $74 billion in a new funding round and a potential 2027 IPO on the Shanghai STAR …
Arena.ai introduced a factuality-adjusted leaderboard for large language models, applying a 25% weight for factual accuracy alongside human preference votes, causing OpenAI's GPT-5.5 to rise 13 positi…
Patreon partnered with Cloudflare to deploy Crawl Control technology that blocks known AI training crawlers while allowing legitimate search bots, a move CEO Jack Conte framed as about creator consent…
Wells Fargo launched AI Teammate on July 15, a chat-based tool for financial advisors managing $2.4 trillion in client assets, as part of a $1 billion tech modernization push. The tool, embedded in th…
Amazon, Alphabet, Microsoft, Meta, and Oracle have issued approximately $244 billion in bonds globally so far in 2026, more than double the $108 billion raised in all of 2025, to fund AI infrastructur…
Berkshire Hathaway disclosed a $4.3 billion stake in Alphabet during the third quarter of 2025, signaling a pivot toward artificial intelligence under incoming CEO Greg Abel. The move, which arrived s…
IBM issued a preliminary earnings warning for its second quarter of 2026, reporting revenue of $17.2 billion that missed analyst expectations by roughly $660 million to $700 million, causing its stock…
Kazakhstan and China signed over 70 commercial agreements worth more than $15 billion at the World AI Conference in Shanghai on July 16, with deals spanning AI infrastructure, EV battery manufacturing…
Cleveland Fed President Beth Hammack warned that inflation remains stubbornly high at 3.5% year-over-year, nearly double the Fed's 2% target, and flagged AI-driven demand as a new inflationary pressur…
The PHLX Semiconductor Index (SOX) has entered bear market territory, falling nearly 20% from its late-June peak and erasing roughly $1.5 trillion in market value, as the AI chip rally reverses. Analy…
SK Hynix's American Depositary Receipts fell below their $149 listing price for the first time on July 13, erasing the entirety of their debut rally in less than a week of trading. The South Korean me…