ASML Holding became the first European company to reach a $700 billion market valuation this month, driven by surging demand for its extreme ultraviolet lithography machines that are essential for man…
South Korea's exports hit a record $29.8 billion in the first 10 days of July, driven by semiconductor shipments that nearly tripled to $11.2 billion, according to Korea Customs Service data. The chip…
A federal judge approved Anthropic's $1.5 billion settlement with authors and rightsholders who accused the company of using pirated books to train its Claude AI model, marking the largest copyright s…
Oracle sued the Wisconsin Public Service Commission on June 19 over credit rules that could force the company to post more than $7 billion in collateral for power plants serving its data center campus…
A federal judge capped Sony Music Entertainment's copyright lawsuit against AI startup Udio at 333 songs, denying Sony's bid to add 30,442 more recordings. Judge Alvin K. Hellerstein of the Southern D…
BlackRock is leading a debt sale of more than $12 billion to fund a Meta data center campus in El Paso, Texas, with the bonds issued by a company holding an 80% stake in the project while Meta owns th…
Oracle's five-year credit default swaps closed at 198.23 basis points on July 17, surpassing the 2008 financial crisis peak of 198.18 basis points, as credit markets signal concern over the company's …
Bloomberg reported on July 20 that singles are using ChatGPT and Claude to draft dating messages on Tinder, Hinge and Bumble, a practice called chatfishing, with a 5,000% spike in Google searches and …
Google completed its biggest search overhaul on July 10, 2026, with Gemini 3.5 Flash now powering AI Overviews for every query, causing roughly 60% of searches to end without a click and publisher cli…
IREN raised its year-end 2026 AI Cloud revenue target from $3.7 billion to more than $4 billion after signing $2.8 billion in new multi-year contracts with customers including Microsoft and Nvidia, wi…
Fluidstack, a London-founded AI infrastructure startup, is targeting an $18 billion valuation in a new $1 billion funding round, more than double its $7.5 billion valuation from December 2025, accordi…
Hugging Face said it resorted to a Chinese AI model, Z.ai's GLM 5.2, to combat a fully autonomous cyberattack after a leading U.S. frontier AI model's guardrails prevented its security team from analy…
The Trump administration is considering restrictions on Chinese AI models, including Moonshot AI's Kimi K3, after the model's July 16 release beat Anthropic's Fable 5 and OpenAI's GPT-5.6 Sol in blind…
Nvidia at SIGGRAPH 2026 expanded its Agent Toolkit with new Omniverse libraries—ovrtx for RTX sensor simulation, ovphysx for GPU-accelerated physics, and CAD-to-SimReady skills—enabling AI agents to a…
Moonshot AI's 2.8 trillion parameter Kimi K3 model, released July 16, scored 1,679 Elo on LMArena's Frontend Code Arena benchmark, beating Anthropic's Claude Fable 5 (1,631) and OpenAI's GPT-5.6 Sol (…
CuspAI closed a $450 million Series B at a $2.6 billion valuation, led by Kleiner Perkins and NEA with participation from Jeff Bezos's Bezos Expeditions and the UK government's Sovereign AI Fund. The …
Alphabet shares rose as much as 2% to $353.12 on July 20 after The Information reported Google is designing a server chip called Frozen V2 that hardwires Gemini's neural network architecture into sili…
Salesforce VP says enterprises are shifting from maximizing AI adoption to controlling costs, but cutting token prices alone won't fix the 'leaky AI pipeline' caused by poor architecture. The VP ident…
OpenAI CFO Sarah Friar says CFOs should measure AI value by tracking 'useful intelligence per dollar' rather than model specs or cost per token, and outlines four questions to assess AI investments. A…
Elon Musk denied a reported $52 billion Foxconn AI server order for SpaceX, calling it 'fake news' on X on July 20. The claim, from Taiwan's Economic Daily, said Foxconn would build over 13,000 Nvidia…