New Mountain Capital founder Steven Klinsky says Wall Street's panic over AI disrupting software companies is overblown, arguing that enterprise software's complexity and integration requirements will…
Global investors poured a record $4.48 billion into fusion energy companies over the past year, with four startups—Commonwealth Fusion Systems, Inertia Enterprises, Helion Energy, and Proxima Fusion—a…
Microsoft CEO Satya Nadella warned on July 12 that businesses pay for AI twice: once in cash and again with the proprietary knowledge they expose to make models useful, calling the leakage 'AI exhaust…
Together AI closed an $800 million Series C on July 1 at an $8.3 billion valuation, led by Aramco Ventures, with participation from Vista Equity Partners, General Catalyst, Nvidia and Pegatron. The co…
Apple filed a 41-page lawsuit against OpenAI alleging a wide-scale corporate espionage campaign carried out by ex-Apple employees who joined OpenAI, centering on two employees, Tang Yew Tan and Chang …
Delaware has drafted legislation for a new business entity called an Artificial Intelligence Company (AIC) that would let AI agents perform tasks normally handled by human executives, such as signing …
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI compete to lead the AI revolution. Musk called Altman "Scam Altman" after Apple sued OpenAI, while Altman re…
Delaware Secretary of State Jeffrey Bullock has partnered with Norm Ai to propose the Artificial Intelligence Company (AIC), a new legal entity whose day-to-day affairs are managed by an AI agent rath…
Dongfang Suanxin, a Shanghai chip startup founded in 2024 and led by Tsinghua professor Wei Shaojun, emerged from stealth with the DF1000 series, a 14nm AI processor delivering 520 teraflops of BF16 p…
Amazon has invested in TwelveLabs' $100 million Series B round and secured a commercial deal making AWS the startup's preferred cloud partner, with next-generation models launching first on Amazon's T…
Intel's stock closed at $109.84 on July 10, down 22.84% from its 52-week high of $142.35 on June 30, as AMD's data-center revenue surged 57.2% to a record $5.78 billion in Q1 2026, surpassing Intel's …
Meta's Hyperion AI data center in Richland Parish, Louisiana, will expand to a 5-gigawatt facility costing more than $50 billion, up from an initial $10 billion projection in 2024, making it one of th…
Monzo cofounder Tom Blomfield is leaving Y Combinator to join Anthropic's compute team, working alongside cofounder and chief compute officer Tom Brown to manage the chips, data centers, and power con…
Columbia Business School professors argue that the Balogun red card incident at the World Cup illustrates how AI increases, rather than decreases, the need for human judgment in decision-making. Semi-…
Valarian, a London-based startup, raised a $50 million Series A led by NEA, bringing its total funding to $70 million, to help European governments and enterprises use American cloud platforms like Am…
Intel is spending €5 billion ($5.7 billion) to retool its Leixlip campus in County Kildare, Ireland, for AI chip production, upgrading the site to manufacture Xeon 6 and next-generation Xeon processor…
Over 200 economists, including 16 Nobel laureates and the chief economists of OpenAI and Anthropic, signed a statement admitting the profession is "flying blind" on AI and calling for urgent action to…
Shuman Ghosemajumder, Google's former 'click fraud czar,' has launched Reken, an on-device AI security platform, after two years in stealth. The company's first product, Northstar, is a phishing-and-f…
Aramco Ventures led a $800 million Series C investment in Together AI, valuing the open-weight AI infrastructure company at $8.3 billion post-money. The round, which included Nvidia, General Catalyst,…
A joint analysis from SEMI, McKinsey & Co. and the National Science Foundation warns that the US semiconductor industry could fall 88,000 to 157,000 workers short of the 189,000 needed by 2030, as eng…