Microsoft short interest hit 92 million shares, or 1.27% of the float, the highest level since May 2015 and the largest short position among the Magnificent Seven, as the stock trades near $393 ahead …
Google's first ATLAS study of 14.65 million Gemini interactions from April 2026 found AI use associated with 68% of occupations but only about 21% of tasks in the median occupation, with fewer than 10…
Amazon is halting active development on four flagship in-house AI models — Nova Premier, Nova Omni, Reel, and Canvas — placing them in maintenance-only mode for existing customers, Business Insider re…
Seagate Technology reported fiscal Q4 revenue of $3.63 billion (up 48% YoY) and non-GAAP EPS of $5.71, beating consensus estimates of $3.48 billion and $5.09, with record non-GAAP gross margin of 52.7…
SK Hynix reported record quarterly revenue of 79.32 trillion won and operating profit of 60.54 trillion won for the second quarter, both missing consensus estimates by roughly 5%, sending shares down …
Anthropic's Claude Mythos Preview model found a new attack that lowers the estimated key-recovery cost for HAWK-512 from 2^150 to 2^108 gates and for HAWK-1024 from 2^288 to 2^182 gates, but HAWK is n…
More than $1 trillion in market capitalization was erased from global semiconductor and AI-hardware stocks between July 24 and July 29, with Nvidia, SK Hynix, Samsung Electronics and Micron accounting…
Cyera has signed a letter of intent to acquire Oasis Security in a deal reported by TechCrunch to be worth approximately $1 billion, paid mostly in cash with the remainder in Cyera shares. The acquisi…
Spur Intelligence, a Lake Mary, Florida-based cybersecurity startup, announced a $200 million investment from Insight Partners on July 28. The company, founded by former US Defense Department engineer…
PayPal CEO Enrique Lores said the board remains "open and objective" to a higher offer after the company reported better-than-expected Q2 revenue of $8.68 billion and adjusted EPS of $1.38, while attr…
Court records establish that Anthropic spent millions of dollars acquiring millions of print books, then had vendors remove their bindings, scan their pages and discard the originals, according to a d…
Visa plans to eliminate about 2,600 jobs, roughly 7% of its workforce, with most cuts in technology and product teams, CEO Ryan McInerney said Tuesday. The reduction follows rapid hiring that brought …
Fish Audio, operating as Hanabi AI Inc., has raised $52 million in seed funding led by Coreline Ventures and Capital Today, the AI voice startup announced on its first anniversary with $21 million in …
Alphabet spent a record $44.9 billion in capital expenditures in Q2 2026, doubling from $22.5 billion a year earlier, driven by AI infrastructure investments, and reported its first-ever negative free…
Core Scientific signed 15-year leases with AMD for 529MW across five U.S. campuses, generating more than $14 billion in potential base contracted revenue and doubling Core Scientific's total leased AI…
Nvidia is investing $5 billion in Safe Superintelligence Inc., the AI lab founded by former OpenAI chief scientist Ilya Sutskever, in a long-term strategic partnership announced July 27. The deal give…
Recursive Superintelligence signed a $410 million multi-year compute agreement with Amazon Web Services on Monday, making AWS its primary cloud provider for automated AI research. The deal consumes ro…
Meta Platforms and BlackRock announced a joint venture to develop a $14 billion data center campus in El Paso, Texas, with BlackRock-managed funds owning 80% and Meta retaining 20%. The 1-gigawatt fac…
A global semiconductor selloff deepened on July 28 as SK Hynix plunged 14.7% and Samsung fell 13.4% in Seoul, erasing 47% and 38% of their respective values since late June, while the PHLX Semiconduct…
Nvidia is in talks to guarantee roughly $250 billion in lease and construction financing for a 10-gigawatt OpenAI data center campus in southern Ohio, the Wall Street Journal reported Saturday. The to…