IREN announced $2.8 billion in new AI cloud contracts with eight customers including Perplexity, Figure AI, and Together AI, lifting its year-end 2026 AI Cloud annualized run-rate revenue target from …
Founders with scattered equity, crypto, and cash can now build a personal finance dashboard using AI tools like Kubera, Monarch Money, and Copilot Money, compressing the discovery process that typical…
Jeff Bezos's Bezos Expeditions joined Kleiner Perkins and NEA in a $450 million Series B for Cambridge-based AI startup CuspAI, valuing the two-year-old company at $2.6 billion — a five-fold increase …
The European Commission ordered Google on July 16 to open 11 Android features to rival AI assistants and share anonymized search data with competitors starting January 2027, under binding decisions wi…
Moonshot AI, the Beijing-based company behind the Kimi chatbot, is moving toward a Hong Kong IPO after releasing its Kimi K3 model, a 2.8 trillion parameter open-weight system that led the Frontend Co…
China's Interim Measures for the Administration of AI Anthropomorphic Interactive Services took effect July 15, 2026, forcing ByteDance, Alibaba and Tencent to remove personalized companion agents fro…
Apple briefly overtook Nvidia on July 17, 2026, becoming the world's most valuable company for the first time in more than a year, with Nvidia at about $4.908 trillion and Apple at about $4.902 trilli…
The White House now effectively decides which companies get early access to frontier AI models, according to a CNBC report published July 17. Executive Order 14409, signed by President Trump on June 2…
Netflix disclosed in a July 2026 SEC filing that it paid $587 million in cash for InterPositive, the generative AI startup founded by Ben Affleck in 2022 to build filmmaking tools. The acquisition, an…
OpenAI's Head of Strategic Futures Dean Ball called a future dominated by open-weight AI models a "dystopian hellscape" and "full AI communism," days after Chinese lab Moonshot AI released Kimi K3, a …
Micron Technology reported fiscal third-quarter revenue of $41.46 billion, up 346% from a year earlier and above analyst estimates of $35.6 billion, sending its stock up as much as 15%. The memory chi…
The Philadelphia Semiconductor Index entered a bear market Friday, closing down more than 20% from its June record after Moonshot AI, a Beijing startup led by founder Yang Zhilin, released Kimi K3, a …
Zhipu, the Tsinghua University spinout behind the GLM AI models, has seen its stock surge nearly 1,500 percent since its January IPO at HK$116.20, reaching a peak market cap above $100 billion, despit…
Moonshot AI founder Yang Zhilin, 34, unveiled the Kimi K3 model on July 16, which topped the Arena Frontend Code Arena with a score of 1,679 and ranks first in six of seven frontend domains, while cha…
DeepSeek trained its flagship V3 model for about $5.6 million, a fraction of the $50 million to $100 million OpenAI spent on GPT-4, and the Chinese lab operating under U.S. chip export controls has co…
Moonshot AI released Kimi K3, a 2.8 trillion parameter open-weight model, on July 16, and within a day it topped the Frontend Code Arena leaderboard with a score of 1679, beating Anthropic's Claude Fa…
Moonshot AI's Kimi K3 model generated a playable browser-based Super Mario 64 clone from a single prompt, demonstrating functional 3D platformer mechanics including camera control, collision detection…
Moonshot AI's release of Kimi K3, a 2.8 trillion parameter open-weight model, triggered a 1.4% Nasdaq and 1% S&P 500 drop on July 17, with Nvidia shares falling over 2% to a $4.85 trillion market cap,…
OpenAI launched GPT-5.6 Sol on July 9, 2026, as its most secure model for cybersecurity work, but the UK AI Security Institute (AISI) found universal jailbreaks in hours that allowed the model to carr…
Anthropic is capping access to its Claude Fable 5 model at 50% of normal usage limits starting July 20, citing demand that has been "challenging" to meet due to insufficient compute infrastructure. Th…