The Magnificent Seven tech stocks lost over $2.3 trillion in market value in June, as investors demand proof that AI revenue can catch up with massive infrastructure spending. The selloff reflects a s…
The S&P 500 crossed 7,600 for the first time in June and is closing Q2 2026 with roughly 11% gains, powered almost entirely by AI infrastructure spending. The rally is cracking open an IPO and funding…
Activist hedge fund Jana Partners disclosed a 6.3% stake in Alkami Technology and is publicly demanding a sale, citing AI pressure on community bank software. Jana argues the company trades at a disco…
Base44, acquired by Wix for $80 million in 2025, launched its own AI model Base 1 on June 29 to reduce reliance on third-party models and improve margins. The move comes as Base44 reaches $150 million…
TIDAL will strip royalties from fully AI-generated tracks starting July 15, 2026, becoming the first major streaming platform to demonetize such content. The policy, which includes automatic detection…
Omen AI, founded by 20-year-old high school dropout Zach Laberge, raised $31 million in Series A funding to deploy miniature spectrometers that detect bacterial contamination in liquid-cooled AI data …
Google has made its personalized AI image generation feature, powered by Nano Banana technology, free for all eligible US users aged 13 and older, removing the previous requirement for a paid Gemini s…
Hugging Face CEO Clem Delangue criticized Anthropic's restricted release of its Claude Mythos model, arguing that labeling AI as 'too dangerous to release' serves as effective enterprise marketing rat…
The Bank for International Settlements warned in its annual report that the $1 trillion AI investment boom risks ending in a bust reminiscent of historical bubbles like the dot-com crash, as hyperscal…
London Stock Exchange Group reported 9.8% organic constant-currency income growth in Q1 2026, its strongest quarterly performance in over five years, driven by 150 customers connecting to its MCP serv…
A wave of bipartisan federal bills is targeting how AI companies collect and monetize personal health data, threatening the business models of digital health startups that rely on selling user data. S…
Arena, the UC Berkeley-born AI evaluation platform behind the Chatbot Arena leaderboard, tripled its annualized revenue from $30M to $100M in six months, but its business model of charging AI companie…
Cursor launched an iOS app and Progressive Web App for Android, allowing developers to prompt and monitor AI coding agents from their phones. The move signals a shift from writing code to supervising …
Wolters Kluwer, a Dutch software company, argues that AI will not eliminate jobs due to the lump of labor fallacy and Jevons Paradox, but it explains why entry-level hiring is struggling as AI automat…
This summer's extreme heat has exposed critical vulnerabilities in global data centers, with PJM Interconnection receiving emergency authorization to curtail power in Virginia, French nuclear plants s…
Ford Motor Company hired 350 veteran engineers, dubbed 'gray beards,' over the past three years to train junior staff and fix ineffective AI tools after realizing AI's limitations. The move helped For…
Ford Motor Company has hired 350 veteran engineers, internally called 'gray beards,' over the past three years to mentor junior staff and improve AI tools, citing that AI is only as good as the traini…
Copper surged to a record $14,527 per metric ton in January 2026, driven by AI data center demand that is creating a structural supply deficit. Citi forecasts copper reaching $15,000 within a year, wh…
Micron Technology reported $41.5 billion in fiscal Q3 2026 revenue, quadruple the year-ago figure, while SK Hynix posted $35.53 billion in Q1 revenue, up 198% year-over-year. The semiconductor layer i…
French private equity giant Ardian is betting over $1.2 billion on Nordic data centers through its Verne platform, leveraging the region's cheap renewable energy and natural cooling to power Europe's …