Meta CEO Mark Zuckerberg told employees that the company's AI reorganization over the past four months has not accelerated agent development as expected, admitting that the execution of job cuts and t…
Chinese AI company Zhipu AI launched ZCode, an autonomous coding agent, on Wednesday, capitalizing on Anthropic's scandal over hidden code in Claude Code that tracked Chinese users. Zhipu offered free…
Amazon confirmed it designs its own AI chips, the AZ3 and AZ3 Pro, for Echo and Fire TV devices, improving wake word detection by over 50% and enabling on-device AI processing. Analyst Ming-Chi Kuo re…
French President Emmanuel Macron and Indian Prime Minister Narendra Modi are personally courting tech CEOs to secure AI infrastructure investments, resulting in tens of billions of dollars in commitme…
Startups like Starcloud are racing to build AI data centers in orbit, with Starcloud launching a satellite carrying an Nvidia H100 GPU that trained a language model in space. The company raised $170 m…
Micron broke ground on a $9.3 billion expansion of its Hiroshima plant to produce high bandwidth memory for Nvidia's AI chips, aiming to challenge SK Hynix's dominant market share. The project, subsid…
SK Hynix plans to list American depositary receipts on the Nasdaq under ticker SKHY around July 10, aiming to raise up to $29.65 billion in the largest ADR offering in over two decades. The listing co…
A teenage hacking group called TeamPCP poisoned two releases of LiteLLM, an open-source AI gateway tool downloaded 95 million times, stealing over 500,000 credentials and 300 GB of data from more than…
Three nuclear startups achieved reactor criticality ahead of President Trump's July 4, 2026 deadline, with Valar Atomics powering an Nvidia chip on July 1. Antares Nuclear reached criticality first on…
HCLTech won a $1.14 billion AI-driven IT contract from Mercedes-Benz, replacing Infosys as the incumbent vendor. The deal, running from July 2026 to December 2031, shifts from headcount-based outsourc…
Israel and Argentina launched the Isaac Accords on April 19, including an AI cooperation memorandum that commits both governments to sharing supercomputing infrastructure and joint research. The deal …
China's quantitative fund industry ended 2025 managing 3.22 trillion yuan ($474 billion), rebounding from a 2024 low after regulators cracked down on high-frequency trading. Over 60% of quant funds no…
Weekly code commits to crypto and blockchain projects have collapsed 75% since early 2025 as developers defect to AI work, with Solana co-founder Anatoly Yakovenko warning that AI could break post-qua…
Together AI raised $800 million in Series C funding at an $8.3 billion valuation, led by Aramco Ventures with participation from Nvidia and others. The company, which provides infrastructure for runni…
Venice AI, founded by Erik Voorhees, raised $65 million in Series A funding led by Dragonfly, with Coinbase Ventures and North Island Ventures participating, achieving a $1 billion valuation. The star…
Cisco is rolling out an internal AI assistant called Circuit that handles HR tasks like vacation requests and 401k queries, routing work across four AI models including Azure OpenAI, Anthropic's Claud…
Meta is developing a cloud infrastructure business called Meta Compute to rent out unused AI computing power, potentially competing with AWS, CoreWeave, and Lambda. The initiative, still in early stag…
Twelve Labs Inc., a video AI startup backed by Nvidia, raised $100 million in Series B funding co-led by New Enterprise Associates and Naver, with Amazon.com participating. AWS signed a multiyear cont…
Oracle spent $55.7 billion building AI data centers this fiscal year, with plans to spend even more by 2027, but the widening gap between capital expenditures and cash flow has become Wall Street's cl…
The Department of Commerce lifted export controls on Anthropic's Claude Fable 5 and Mythos 5 models on June 30, ending an 18-day standoff triggered by a jailbreak discovered by Amazon researchers. The…