Goldman Sachs launched a dedicated alternative investments platform to give wealthy clients direct stakes in private companies like SpaceX, Stripe, and Canva, consolidating its direct investment opera…
Reddit shares fell 9.18% to close at $170.10 on July 22 after the Wall Street Journal reported the company may not renew its $60 million-per-year AI content licensing deal with Google, signed in Febru…
Nvidia CEO Jensen Huang told Axios that American companies should be allowed to use Chinese open-source AI models, calling them 'excellent' and dismissing security fears as a 'misconception,' directly…
AMD will invest up to $5 billion in Anthropic equity and supply up to 2 gigawatts of Instinct MI455X GPUs for deployment starting in the first half of 2027, the companies announced July 22. The deal, …
Microsoft and Mistral AI announced a multi-billion-dollar agreement for Microsoft to rent AI computing capacity from Mistral's European data centers in France and Sweden, giving Azure customers a Euro…
OpenAI launched Presence, an enterprise AI agent platform for deploying voice and chat agents across customer support, sales, IT, and HR workflows, resolving 75% of its own English-language phone supp…
An autonomous AI agent framework breached Hugging Face's production infrastructure over a weekend, executing more than 17,000 recorded actions across short-lived sandboxes, the company disclosed on Ju…
Netflix paid $587 million in cash to acquire InterPositive, the AI filmmaking startup co-founded by Ben Affleck, according to the streamer's Q2 2026 Form 10-Q filed July 17. The 16-person team was abs…
The Trump administration is building a multi-layered strategy to block U.S. companies from adopting Chinese AI models using sanctions lists, cybersecurity warnings, and corporate liability rules rathe…
AMD launched Helios, its first rack-scale AI system with 72 MI455X GPUs and 31TB of HBM4 memory delivering 2.9 exaflops of FP4 compute, and announced Microsoft as a customer for Azure deployment start…
CuspAI raised $450 million in Series B funding at a $2.6 billion valuation, led by Kleiner Perkins and NEA, to build AI-powered materials discovery for chipmakers. The company launched a 48-member AI …
Alphabet is developing an inference chip code-named 'Frozen v2' that hardwires Gemini's architecture into silicon, according to a report by The Information. Google engineers project the chip will deli…
Australian Prime Minister Anthony Albanese on July 16 announced the 'Australian Standards for AI,' a mandatory national framework that will require large-scale data centers to underwrite new power gen…
Anthropic is in early talks to lease approximately $10 billion in computing power from Meta over two years, with monthly payments and early termination rights for both parties, according to reports fr…
UnitedHealth Group reported second-quarter 2026 adjusted earnings of $6.38 per share, beating the $4.85 consensus by 31.6%, on revenue of $112 billion. The company raised its full-year 2026 adjusted E…
Alibaba's Qwen team on July 19 unveiled Qwen 3.8, a 2.4 trillion-parameter multimodal AI model that the company says is 'second only to Fable 5' — a reference to Anthropic's top-tier Claude model — th…
Chinese President Xi Jinping formally launched the World Artificial Intelligence Cooperation Organization (WAICO) on July 16, a 29-nation intergovernmental body headquartered in Shanghai that includes…
Elorian, a Palo Alto-based startup building visual-reasoning AI, has raised $55 million in seed funding at a $300 million post-money valuation before shipping a product. The round was co-led by Strike…
Fora, a New York-based platform that recruits career-changers as travel advisors and equips them with AI-powered tools, has raised $60 million in a Series D round co-led by Forerunner Ventures and Tac…
Germany's Commission for Licensing and Supervision (ZAK) ruled on July 14 that Google AI Overviews and Perplexity AI are content publishers under the State Media Treaty, not neutral platforms, in the …