Chinese AI startup DeepSeek is in talks to raise approximately $1.5 billion at a pre-money valuation of 480 billion yuan (~$71 billion), a 37% increase from its May round, and has begun IPO preparatio…
Hachette Book Group, Cengage Learning, Elsevier, and author Scott Turow filed a class action lawsuit against Google in the Southern District of New York, alleging willful copyright infringement to tra…
OpenAI is building a portable, screenless smart speaker with a camera and motion sensors as its first consumer hardware device, according to a Bloomberg report. The device, designed by former Apple de…
Under Secretary Jeffrey Kessler told the House Foreign Affairs Committee that initial shipments of Nvidia's H200 AI chips to China have begun but described the volume as 'trivial' and 'very few'. Appr…
Apple is in exploratory talks to acquire PrismML, a Caltech spinout that uses ultra-low-bit compression to shrink large AI models by up to 14x, enabling them to run natively on iPhones. PrismML raised…
Goldman Sachs posted record Q2 net revenue of $20.3 billion and EPS of $20.98, beating analyst estimates by 46% and 26% respectively, while JPMorgan reported $21.2 billion in net income on $58 billion…
OpenAI restored ChatGPT on WhatsApp across the European Economic Area on July 13, 2026, after the European Commission issued interim measures on June 9 ordering Meta to restore free access for rival A…
Apple released the iOS 27 public beta on July 13, featuring a rebuilt Siri AI that supports ongoing conversations, on-screen content awareness, and multi-step app actions, alongside system-wide perfor…
Federal Reserve Chair Kevin Warsh pledged Tuesday that the inflation surge of the past five years will be 'a thing of the past' and identified AI-driven business investment as 'the most striking featu…
Turing Award winner Richard Sutton and co-founder Khurram Javed left John Carmack's Keen Technologies to launch Oak Lab, a Canadian AI startup building continuously learning agents based on Sutton's O…
New York Governor Kathy Hochul signed Executive Order 62 on Monday, imposing a one-year moratorium on state environmental permits for data centers consuming 50 megawatts or more of power, making New Y…
The FBI has issued a Request for Information for AI supercomputer hardware featuring Nvidia B300 GPUs and Google TPUs, to be deployed at its CJIS Division in Clarksburg, West Virginia, for LLM trainin…
Microsoft has signed a capacity deal at Pure Data Centres' planned 550MW data center campus in Seinäjoki, Finland, with a total projected investment of €7.5 billion ($8.55 billion). Phase 1 delivers 1…
Meta announced on July 13 that its Hyperion data center campus in Richland Parish, Louisiana, will expand to 5 gigawatts of power capacity, with total planned investment exceeding $50 billion — up fro…
Meta disclosed Sunday that its Hyperion AI data center supercluster in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, pushing total project investment past $50 billion. Th…
The White House plans an event in the coming weeks to expand its voluntary Ratepayer Protection Pledge, bringing electric utilities, data center developers, and state governors into a framework origin…
Infineon Technologies and South Korea's LS Electric signed a non-binding memorandum of understanding on July 10 to co-develop direct current power infrastructure for AI data centers, targeting power c…
DeepInfra, a Palo Alto-based GPU inference platform, opened a 1.7MW data center in Toronto on July 8, housing more than 1,000 NVIDIA Blackwell B300 GPUs in its first deployment outside the United Stat…
Microsoft CEO Satya Nadella accused frontier AI labs OpenAI and Anthropic of hypocrisy on data usage in a July 12 post on X, coining the term 'reverse information paradox' to argue that enterprises pa…
SK Hynix shares plunged more than 15% in Seoul on Monday, the stock's worst single-day decline on record, just three sessions after its $26.5 billion Nasdaq ADR listing. The crash triggered a 20-minut…