Intel's stock closed at $109.84 on July 10, down 22.84% from its 52-week high of $142.35 on June 30, as AMD's data-center revenue surged 57.2% to a record $5.78 billion in Q1 2026, surpassing Intel's …
Monzo cofounder Tom Blomfield is leaving Y Combinator to join Anthropic's compute team, working alongside cofounder and chief compute officer Tom Brown to manage the chips, data centers, and power con…
Valarian, a London-based startup, raised a $50 million Series A led by NEA, bringing its total funding to $70 million, to help European governments and enterprises use American cloud platforms like Am…
Intel is spending €5 billion ($5.7 billion) to retool its Leixlip campus in County Kildare, Ireland, for AI chip production, upgrading the site to manufacture Xeon 6 and next-generation Xeon processor…
Aramco Ventures led a $800 million Series C investment in Together AI, valuing the open-weight AI infrastructure company at $8.3 billion post-money. The round, which included Nvidia, General Catalyst,…
A joint analysis from SEMI, McKinsey & Co. and the National Science Foundation warns that the US semiconductor industry could fall 88,000 to 157,000 workers short of the 189,000 needed by 2030, as eng…
Tencent is preparing an AI agent for WeChat, the app used by about 1.4 billion people, according to the Financial Times. The agent will work through WeChat's mini-apps and be accessible from a chat bo…
Using AI for investment research requires feeding ChatGPT or Claude source documents like 10-Qs and earnings transcripts rather than asking for recalled numbers, according to a guide on effective prom…
Bitcoin ETFs lost $4.67 billion in the second quarter as investors shifted capital into AI and semiconductor stocks, according to Business Insider and MarketWatch. BlackRock's iShares Bitcoin Trust fe…
SambaNova Systems, an AI chip startup founded in 2017, is in acquisition talks with Intel at a potential deal value of about $1.6 billion, according to reports from Wired and Bloomberg, contradicting …
Anthropic refunded disputed Claude Code charges this month after auditing startup Vaudit found about $1.7 million in mistaken overcharges across 60 companies, with Amazon, Google, Microsoft, Anthropic…
Taiwan Semiconductor Manufacturing Co. reported June revenue jumped 68% year over year, reaching NT$1.27 trillion ($39.6 billion) for the second quarter, matching analyst estimates and signaling susta…
China's June export data, expected to show 18.2% year-on-year growth, is increasingly driven by AI hardware shipments, with automated data processing equipment exports surging 60% in May versus 1.9% f…
Google has delayed the launch of Gemini 3.5 Pro from June to July 17, 2026, after Business Insider reported the company is gathering feedback from early users on agent performance and token consumptio…
Meta pulled its Muse AI tool on Friday, July 10, three days after launching it on Tuesday, July 7, following backlash over its default opt-in policy that allowed anyone to use public Instagram photos …
Amazon has cut more than 57,000 corporate jobs since 2022, about 16% of its corporate workforce, while planning to spend roughly $200 billion on AI infrastructure by 2026, the largest single-year capi…
Anthropic published research revealing a hidden internal workspace in its Claude language model, called J-space, where the model processes concepts before outputting text. The company developed a tool…
Meta plans to begin production of its new AI chip, Iris, in September, aiming to reduce reliance on Nvidia GPUs. The company targets 14 gigawatts of AI computing capacity by 2027 and has raised capita…
Robinhood is allowing U.S. customers to connect AI agents to trade cryptocurrencies on their behalf around the clock, with no extra fee, as part of a broader push into crypto and tokenized assets. The…
Senators Bernie Sanders and Alexandria Ocasio-Cortez introduced the Artificial Intelligence Data Center Moratorium Act on March 25, 2025, to halt construction of large data centers until Congress enac…