XAI launched Grok 4.5 on July 9, pricing it at $2 per million input tokens and $6 per million output tokens to undercut Anthropic's Claude Opus 4.8. The model, built on a 1.5 trillion parameter mixtur…
Amazon sold $25 billion in bonds on July 7, offering extra yield to attract buyers, but demand was the weakest for any hyperscaler since Meta's 2025 bond sale. The deal signals investor pushback again…
Cathie Wood's ARK Invest bought $7 million in SpaceX stock during a dip, funded by selling Alibaba shares, betting on SpaceX's AI and orbital data center potential. The purchase marks ARK's third dip-…
Qualcomm CIO Attila Tinic is betting on AI to support the chipmaker's diversification beyond smartphones, centralizing data and AI teams and deploying AI tools across the company. The strategy include…
Prime Intellect raised $130 million in Series A funding at a $1 billion valuation to provide enterprises with a full-stack platform for training and deploying their own AI agents, rather than renting …
China will allow Alibaba, ByteDance, and DeepSeek to purchase Nvidia's H200 chips for AI model training, but total approvals are capped at fewer than 200,000 units, less than half of what the companie…
The International Monetary Fund downgraded its global growth forecast to 3% for 2026, citing the energy shock from the Iran war and the closure of the Strait of Hormuz, but noted that booming investme…
Metal, an AI-powered fundraising platform backed by a16z and Y Combinator, launches to help founders manage investor discovery, relationship mapping, and round tracking as a unified data problem. The …
Anduril founder Palmer Luckey warned that the U.S. university system is falling behind China's in training engineers with practical skills, arguing that American companies have outsourced real enginee…
AI startup Rilla spends $1.7 million annually on housing stipends, offering employees $18,000 each if they live within a 10-minute bike ride of its Williamsburg office, where studios rent for $4,000 a…
Chinese companies are shifting away from Nvidia's advanced AI accelerators toward domestic suppliers, with 46% of AI accelerator budgets expected to go to local products in the next year, up from 30% …
Zhipu AI quietly raised the default concurrency limit on its GLM API, allowing developers to run more parallel requests without prior approval. The move addresses developer complaints about severe rat…
ExxonMobil CFO Neil Hansen submitted an 11-page comment letter to the SEC supporting a proposal to allow companies to choose semiannual reporting instead of quarterly SEC filings, arguing that disclos…
Most AI startups lack a defensible moat against foundation model companies like OpenAI, which can replicate thin wrappers and prompt engineering quickly. Defensible advantages come from proprietary da…
AI-driven job losses could eliminate 15% of knowledge worker positions within three years, prompting comparisons to past labor disruptions. A century ago, the U.S. responded to agricultural job losses…
Unilever USA president Herrish Patel announced the company's largest-ever sports partnership as official personal care sponsor of the 2026 World Cup, aiming to build 'desire at scale' in the U.S. mark…
OpenAI will launch GPT-5.6 to all users on July 9 after the Trump administration cleared the model for public release, ending a monthlong standoff over frontier model safety. The flagship Sol, mid-tie…
French startup ZML announced a partnership with Scaleway, VSORA, and the Île-de-France region at VivaTech to build a European AI stack independent of Nvidia. ZML's open-source inference software compi…
SambaNova is closing in on a funding round of up to $1 billion at a valuation near $10 billion, roughly five times its valuation from four months ago. Intel CEO Lip-Bu Tan confirmed the talks, highlig…
Nomagic deployed its first vision-language-action (VLA) model for warehouse robots at Swiss e-commerce platform Brack.Alltron, halving the rate of robot-caused interventions. The AI lab, led by former…