Lumentum Holdings Inc. reported fiscal-fourth-quarter revenue of about $1.01 billion, up 109% year over year, driven by AI data-center demand for optical components, and guided September-quarter reven…
Oracle Corp. shares fell 3.7% to $145.48 in midday trading on August 12, after dropping about 4% the previous day, as investors questioned the company's ability to finance and earn returns on its AI d…
Google said Tuesday, Aug. 11, that its Gemini app reached 1 billion monthly active users, up from 950 million in July, placing it alongside ChatGPT at roughly the same reported scale. The company-repo…
A team of security researchers demonstrated that encrypted reasoning blocks from AI models operated by OpenAI, Anthropic, and Google can be replayed across sessions, users, and models within a provide…
CoreWeave reported $2.58 billion in second-quarter revenue, up 112% year over year and slightly above the $2.56 billion analyst estimate, while its revenue backlog reached approximately $104 billion a…
Riot Platforms has signed a 20-year lease for 191 megawatts of critical IT capacity at its Rockdale, Texas, campus, a contract the bitcoin miner expects to generate approximately $9.1 billion in reven…
Brad Lightcap, a longtime OpenAI executive, is leaving the company after a leadership reorganization that had already moved him out of the chief operating officer role. Lightcap told employees Tuesday…
Spotify will begin applying 'AI Persona' and 'Likely AI Persona' labels to artist profiles in mid-September 2026, excluding music from labeled profiles from personalized and editorial recommendations …
River AI, founded by Igor Babuschkin, raised $1.1 billion in a seed/Series A round led by General Catalyst and AMP PBC, less than four months after incorporation. The round also included Nvidia, AMD V…
Nvidia Corp. announced on Aug. 10 partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish financing platforms targeting more than $500 billion of third-party ca…
The Texas Commission on Environmental Quality has issued an air permit for the GW Ranch project in Pecos County, Texas, allowing up to 7.65 gigawatts of gas-fired generation and potential annual green…
Anthropic has reportedly signed a 20-year lease for 191 megawatts of data-center capacity from Bitcoin miner Riot Platforms in a deal with a base value of $9.1 billion, potentially rising to $16.1 bil…
OpenAI is adding a $125-per-user Premium tier to ChatGPT Business, offering five times the usage capacity of Standard seats and removing the five-hour usage limit, with Premium seats priced at $100 an…
The U.S. Federal Communications Commission is drafting a restriction on imports of new Chinese-made optical transceivers used in AI data centers, according to four people familiar with the matter cite…
OpenAI expanded its ChatGPT Ads test to the United Kingdom, Mexico, Brazil, Japan and South Korea on August 11, following the initial U.S. launch on February 9. The ads appear below responses for free…
OpenAI completed a roughly $7 billion tender offer for employee shares at an implied $852 billion valuation, with the company itself buying the shares rather than outside investors, CNBC reported Mond…
Meta released the weights for Muse Glimmer, a 30-billion-parameter multimodal model under the Apache 2.0 license, aimed at local agentic and coding workloads, and said it plans to publish weights for …
Discovered Materials raised $9 million in a seed round led by Lightspeed India Partners, with participation from Y Combinator, Peak XV Partners and angel investors including Paul Graham, to use AI age…
Ford Motor Company is rolling out an AI assistant to its Ford and Lincoln mobile apps, offering up to 8 million customers a free chatbot that answers vehicle-specific questions using owner-manual cont…
A July 31 inventory by researcher Michael Bommarito counted 533 local-government moratorium instruments across 42 U.S. states, but only 435 are active or extended, and the total covers data centers, c…