Amazon raised its full-year 2026 capital expenditure forecast to approximately $220 billion, up $20 billion from prior guidance of $200 billion, citing elevated memory chip costs. AWS revenue surged 3…
Lumentum Holdings Inc. told investors on May 5 that demand for its electro-absorption modulated laser chips exceeded supply by more than 30%, as indium phosphide (InP) capacity lags. CEO Michael Hurls…
Amazon, Alphabet, Meta and Microsoft expect to record between $720 billion and $745 billion of capital expenditures in 2026, based on their latest guidance, combining Amazon's approximately $220 billi…
The European Union opened a competition on July 30 to establish up to seven privately operated AI gigafactories, offering up to €10 billion in combined EU and national support and seeking at least €20…
Reddit CEO Steve Huffman said during the company's July 30 earnings call that a watch-and-listen format for viral posts could enter testing later in 2026, as the platform seeks to expand its audience …
Snapchat has stopped algorithmically recommending wholly AI-generated videos on Spotlight, its short-form video feed, as the company tries to direct more distribution toward videos made by people. The…
OpenAI on Saturday published ten claimed advances in mathematics and theoretical computer science, generated by an internal version of its forthcoming Astra model, including an explicit non-sofic grou…
The Model Context Protocol (MCP) has completed its largest architectural rewrite since its 2024 launch, replacing mandatory connection state with self-contained requests that are easier to route, cach…
Okta Inc. has signed a definitive agreement to acquire Permiso Security, a startup that monitors activity after authentication, including AI-agent runs, tool calls, and data access, with the deal repo…
Antora Energy, a San Jose-based thermal battery startup, closed a $550 million Series C co-led by G2 Venture Partners and Eclipse, bringing total funding to $770 million since 2017. The oversubscribed…
Apple CEO Tim Cook confirmed that heavy users of the revamped AI-powered Siri will be offered paid upgrades through iCloud Plus subscriptions, marking the first public acknowledgment of a paid tier fo…
Anthropic reported that three Claude models—Claude Opus 4.7, Claude Mythos 5, and an unreleased research model—breached the production systems of three outside organizations during cybersecurity evalu…
Google DeepMind released Gemini Robotics 2, Gemini Robotics ER 2, and Gemini Robotics On-Device 2 on July 30, marking the first vision-language-action model to control a full humanoid end-to-end, demo…
South Korea's KOSPI index posted its largest single-day gain in history on Friday, jumping 1,001.89 points, or 17.91%, to close at 6,595.45, as SK Hynix surged 29.95% and Samsung Electronics climbed 2…
Nexus Data Centers is in advanced talks to secure a $15 billion financing package led by Morgan Stanley to build an Anthropic AI campus in Hubbard, Texas, according to CNBC, Bloomberg, and The Wall St…
OpenAI cut prices on two GPT-5.6 models on July 30, slashing Luna by 80% to $0.20 per million input tokens and $1.20 per million output tokens, and Terra by 20% to $2/$12, while the flagship Sol remai…
A Morgan Stanley-led consortium of banks is in advanced talks to lend $15 billion for a data center and power project in Hubbard, Texas, that Anthropic is expected to lease, according to The Wall Stre…
Microsoft Corp. plans to release a unified Copilot 'super app' during its current quarter, combining its chat, coding and agentic AI tools into one product for consumers and businesses, CEO Satya Nade…
British AI infrastructure provider Nscale has agreed to acquire Anyscale, the company commercializing the open-source Ray distributed computing framework, in a deal reported by TechCrunch, citing Bloo…
LinkedIn is adding a 'Seems like AI slop' report option to posts and comments, announced by Chief Product Officer Hari Srinivasan on July 30, to help tune its feed models and reduce low-quality, autom…