IREN announced $2.8 billion in new AI cloud contracts with eight customers including Perplexity, Figure AI, and Together AI, lifting its year-end 2026 AI Cloud annualized run-rate revenue target from …
Hackers are stealing encrypted data they cannot yet read, a tactic known as 'harvest now, decrypt later,' betting that future quantum computers will crack it, according to TDK Ventures President Nicol…
Founders with scattered equity, crypto, and cash can now build a personal finance dashboard using AI tools like Kubera, Monarch Money, and Copilot Money, compressing the discovery process that typical…
Jeff Bezos's Bezos Expeditions joined Kleiner Perkins and NEA in a $450 million Series B for Cambridge-based AI startup CuspAI, valuing the two-year-old company at $2.6 billion — a five-fold increase …
Circle CEO Jeremy Allaire published an 18,500-word treatise arguing that AI agents require blockchain-based 'software money' for commerce, positioning Circle's USDC stablecoin as the infrastructure fo…
The European Commission ordered Google on July 16 to open 11 Android features to rival AI assistants and share anonymized search data with competitors starting January 2027, under binding decisions wi…
Moonshot AI, the Beijing-based company behind the Kimi chatbot, is moving toward a Hong Kong IPO after releasing its Kimi K3 model, a 2.8 trillion parameter open-weight system that led the Frontend Co…
Power companies are using eminent domain to seize private land for transmission lines serving AI data centers, even as 70% of Americans oppose such construction in their communities, according to a Ga…
China's Interim Measures for the Administration of AI Anthropomorphic Interactive Services took effect July 15, 2026, forcing ByteDance, Alibaba and Tencent to remove personalized companion agents fro…
Apple briefly overtook Nvidia on July 17, 2026, becoming the world's most valuable company for the first time in more than a year, with Nvidia at about $4.908 trillion and Apple at about $4.902 trilli…
The White House now effectively decides which companies get early access to frontier AI models, according to a CNBC report published July 17. Executive Order 14409, signed by President Trump on June 2…
Netflix disclosed in a July 2026 SEC filing that it paid $587 million in cash for InterPositive, the generative AI startup founded by Ben Affleck in 2022 to build filmmaking tools. The acquisition, an…
OpenAI's Head of Strategic Futures Dean Ball called a future dominated by open-weight AI models a "dystopian hellscape" and "full AI communism," days after Chinese lab Moonshot AI released Kimi K3, a …
Micron Technology reported fiscal third-quarter revenue of $41.46 billion, up 346% from a year earlier and above analyst estimates of $35.6 billion, sending its stock up as much as 15%. The memory chi…
The Philadelphia Semiconductor Index entered a bear market Friday, closing down more than 20% from its June record after Moonshot AI, a Beijing startup led by founder Yang Zhilin, released Kimi K3, a …
Economist Nouriel Roubini predicts universal basic income or 'some form of socialism' is inevitable as AI revolutionizes work, calling his forecast optimistic because it assumes 10% GDP growth by 2050…
Zhipu, the Tsinghua University spinout behind the GLM AI models, has seen its stock surge nearly 1,500 percent since its January IPO at HK$116.20, reaching a peak market cap above $100 billion, despit…
Stocks hammered by a massive margin call and 'push-button liquidity' are poised to rebound, according to Fundstrat Global Advisors cofounder Tom Lee, who has a strong recent track record of market for…
Moonshot AI founder Yang Zhilin, 34, unveiled the Kimi K3 model on July 16, which topped the Arena Frontend Code Arena with a score of 1,679 and ranks first in six of seven frontend domains, while cha…
Beijing-based startup Moonshot released its Kimi K3 AI model, which tops Arena's ranking for front-end coding capability and costs half as much as OpenAI's GPT-5.6 Sol, according to Bank of America. T…