DeepSeek trained its flagship V3 model for about $5.6 million, a fraction of the $50 million to $100 million OpenAI spent on GPT-4, and the Chinese lab operating under U.S. chip export controls has co…
Moonshot AI released Kimi K3, a 2.8 trillion parameter open-weight model, on July 16, and within a day it topped the Frontend Code Arena leaderboard with a score of 1679, beating Anthropic's Claude Fa…
Moonshot AI's Kimi K3 model generated a playable browser-based Super Mario 64 clone from a single prompt, demonstrating functional 3D platformer mechanics including camera control, collision detection…
Moonshot AI's release of Kimi K3, a 2.8 trillion parameter open-weight model, triggered a 1.4% Nasdaq and 1% S&P 500 drop on July 17, with Nvidia shares falling over 2% to a $4.85 trillion market cap,…
Dan Ives, after 25 years as a top Wall Street tech analyst at Wedbush Securities, has left to launch Yorkville Ives, a modern merchant bank with Yorkville Securities, citing the AI revolution as enabl…
Peter Thiel, cofounder of Palantir and a major Silicon Valley political financier, published his fullest public argument yet on his 'Antichrist' theory in a second co-authored essay for First Things, …
OpenAI launched GPT-5.6 Sol on July 9, 2026, as its most secure model for cybersecurity work, but the UK AI Security Institute (AISI) found universal jailbreaks in hours that allowed the model to carr…
Anthropic is capping access to its Claude Fable 5 model at 50% of normal usage limits starting July 20, citing demand that has been "challenging" to meet due to insufficient compute infrastructure. Th…
The UK's AI Security Institute (AISI) found universal jailbreaks in OpenAI's GPT-5.6 Sol that allowed testers to bypass safeguards for high-risk cyber work, including vulnerability discovery and explo…
Moonshot AI's Kimi K3, a 2.8 trillion parameter open-weight model, topped LMArena's Frontend Code Arena at 1,679 Elo within days of its July 16 release, jumping 17 places from its predecessor Kimi K2.…
Databricks signed a term sheet valuing it at $188 billion, a 40% jump in five months, on a new $3 billion investment led by Coatue Management. The company sells data infrastructure for AI rather than …
Alphabet lost nearly $200 billion in market value on July 16 after Bloomberg reported that Google's Gemini 3.5 Pro AI model is months behind its June deadline due to weak coding results. The stock fel…
The Linux Foundation launched the x402 Foundation on July 14, 2026, an open standards body for AI agent payments, with 40 founding members including Visa, Mastercard, American Express, Stripe, Google,…
The White House has begun dictating which partners receive pre-release access to frontier AI models from OpenAI, Anthropic and Google, a power that previously sat entirely with the labs, according to …
OpenAI released GPT-5.6 Sol on July 9, its most capable coding and cybersecurity model, alongside two smaller siblings Terra and Luna, with pricing at $5/$30, $2.50/$15, and $1/$6 per million tokens r…
SpaceX is in talks to sell the Pentagon data-center capacity for AI models, in a potential deal worth several billion dollars, according to The Wall Street Journal. The company, already a major Pentag…
China's Moonshot AI released Kimi K3 on July 16, 2026, and by the next day the model topped LMArena's Frontend Code Arena with a score of 1,679 Elo, beating Anthropic's Claude Fable 5 (1,631) and Open…
India's smartphone shipments fell 10 percent year over year in the second quarter of 2026, the steepest June-quarter decline in six years, according to Counterpoint Research. The drop is driven by a m…
Aethon Fund launched on July 15 with $50 million in capital, using a trading strategy refined through Prospero.ai's retail investor signals over four years. The hedge fund, built by CEO George Kailas,…
Boris Cherny, the creator of Anthropic's Claude Code, told Fortune's Brainstorm Tech conference that he has not written a line of code by hand in eight months and now runs thousands of Claude Code age…