Robbyant, an embodied AI company within Ant Group, released six models in one week that form a complete full-stack for physical AI, spanning perception, reasoning, action, and world simulation. The st…
SK Hynix raised $26.5 billion in the largest foreign IPO on Wall Street, surpassing Alibaba's 2014 debut. The funds will primarily finance construction of a new semiconductor cluster and packaging pla…
Investors are rotating out of Nvidia and into Chinese and Korean chip stocks, with SK Hynix raising nearly $29 billion in a Nasdaq ADR listing and Chinese memory maker CXMT preparing a $4.3 billion IP…
U.S. venture capitalists deployed a record $412.7 billion in the first half of 2026, with 86% going to AI deals and 91% to deals of $100 million or more, according to a PitchBook and NVCA report. The …
Tencent is leading a consortium of Chinese investors to buy back AI agent startup Manus from Meta at the original $2 billion valuation, after China's National Development and Reform Commission ordered…
Amazon CTO Werner Vogels said companies are shifting toward cheaper open-source AI models to rein in rising costs, citing examples like Uber burning through its 2026 AI budget in four months. Vogels s…
Microsoft Corp. reported a 25% surge in carbon emissions in 2025, reaching 20 million metric tons, driven by data center construction for AI and a pause in renewable energy credit purchases. The incre…
Nexchip Semiconductor Corp raised $890 million in a Hong Kong IPO priced at the top of its range, trading at a 57% discount to its Shanghai-listed stock. The state-backed foundry, which makes mature-n…
Anthropic reset Claude Code usage limits for all users on July 10 without explanation, following a week of outages across multiple services. The reset comes three days before a temporary 50% limit boo…
Fidji Simo, OpenAI's applications chief, is stepping down from her full-time role to focus on treating postural orthostatic tachycardia syndrome (POTS), a chronic illness she has managed for seven yea…
AI data centers are emitting illegal levels of air pollution in communities with little public oversight, as exemplified by xAI's Colossus 2 facility in Mississippi, which installed 33 gas turbines wi…
Cloudflare will block AI crawlers by default on ad-supported pages starting September 15, replacing its Pay Per Crawl model with a Pay Per Use system that charges AI companies only when their content …
Asian founders are relocating to the U.S. amid a prolonged venture funding slump in Asia, drawn by the U.S.'s massive customer base and abundant capital. Singapore-based AI startup Interfaze moved to …
Federal Reserve Chairman Kevin Warsh appointed venture capitalist Marc Andreessen to a task force that will help the Fed measure AI's impact on productivity and jobs, giving Silicon Valley direct infl…
Nvidia led a $30 million extension to Gradium's seed round, pushing the total past $100 million for the seven-month-old Paris voice AI startup. The investment signals Nvidia's strategy to gain equity …
Meta released Muse Spark 1.1, claiming it surpasses prior AI models from OpenAI, Anthropic, and Google on some benchmarks, though it still lags behind flagship models. The update comes under new chief…
Amazon CTO Werner Vogels told Fortune at the UN's AI for Good Summit that software engineers must become 'Renaissance developers' who combine deep technical skills with the ability to review AI-genera…
Mercor, an AI recruiting and training-data unicorn valued at $10 billion, acquired Deeptune, a startup building simulated office software for AI agents, on July 9. Mercor CEO Brendan Foody had persona…
Federal Reserve Bank of New York President John Williams said artificial intelligence-driven demand is his primary inflation concern, warning that persistent demand could force the central bank to rai…
Meta opened Muse Spark 1.1 to outside developers via a paid API on Thursday, charging $1.25 per million input tokens and $4.25 per million output tokens, while internally restricting its own engineers…