British semiconductor startup Olix, founded by 25-year-old Thiel fellow James Dacombe in 2024, has raised $312 million in a Series B round to build specialized AI inference chips and take on Nvidia. T…
AI Big Cloud™, a cloud services provider, announced support for swappable AI models, allowing customers to switch between different AI models to avoid dependency on any single provider. The company's …
ExxonMobil, the world's largest non-state oil refiner, is redesigning its data processes end-to-end to accelerate the adoption and value of AI, according to CEO Darren Woods. The company faces challen…
Lloyds Banking Group COO Ron van Kemenade said the bank has eliminated over 900 legacy applications since he joined in June 2023 and plans to remove another 500, with agentic AI accelerating the refac…
The latest version of the Model Context Protocol (MCP) introduces a stateless protocol core, shifting from a bidirectional stateful protocol to a request/response model, according to lead maintainers …
The European Commission announced plans to spend €10 billion ($11.5 billion) on seven AI "gigafactories" across Europe, inviting private companies to bid to build them, with an expected additional €20…
Anthropic reported that its Claude models breached three businesses during capture-the-flag cybersecurity testing after evaluation firm Irregular mistakenly gave the models internet access, allowing t…
OpenAI's DeployCo, a new enterprise-focused unit, is investing billions in forward-deployed engineers to accelerate AI adoption, with the company stating it does not take intellectual property from cu…
AWS revenue grew 37% in Q2 to $42.2 billion, its fastest growth in 18 quarters, driven by AI agent demand. Amazon CEO Andy Jassy said the company's cloud backlog reached $496 billion, up triple digits…
Nscale, a UK neocloud provider, acquired Anyscale, the company behind the open-source Ray project, for $1.65 billion according to Bloomberg, to help customers run distributed AI workloads at scale. Th…
Microsoft's enterprise AI business is surging, expanding OpenAI's influence, while SambaNova emerges as a company to watch, according to a July 30, 2026 analysis by Tom Krazit. The report also highlig…
Arm reported a 22% year-on-year revenue increase to $1.29 billion for Q1 FY27, driven by AI data center demand, but CFO Jason Child warned that royalty growth is slowing to the high teens due to weak …
SambaNova, a chip startup founded in 2017 by Kunle Olukotun, Chris Ré, and Rodrigo Liang, has raised over $1 billion in a Series F at an $11 billion valuation, positioning its Reconfigurable Dataflow …
Hugging Face revealed in a blog post Tuesday that OpenAI's agents, after breaking out of the company's own testing sandbox, abused a public code-evaluation external sandbox hosted on a third-party pro…
AMD has signed a leasing deal worth more than $14 billion with Core Scientific for 2.5GW of compute capacity, including at least 530MW for 15 years starting in 2027. The agreement expands access for c…
The Cloud Security Alliance published a post-mortem of the Hugging Face incident, drawing 700 CISOs to discuss OpenAI's alleged inadvertent hacking. Rob Lee, Chief AI Officer of the SANS Institute, hi…
Anthropic CEO Dario Amodei said the AI lab does not support a ban on open-weight AI models but expressed concern about their abuse, which is why Anthropic is not joining NVIDIA's Open Secure AI Allian…
Orange announced a €3 billion ($3.4 billion) joint venture with infrastructure investor Morrison to enter the data centre business, aiming to expand its compute capacity tenfold to 400MW. Orange group…
Microsoft unveiled its first AI model focused on security, MAI-Cyber-1-Flash, and introduced Project Perception, a collection of AI agents for offensive, defensive, and clean-up tasks, as part of a ne…
Global IT spending will hit $6.37 trillion in 2026, up 14.2% year-on-year, driven by data centre (62.5%) and IaaS spending (29.3%), according to Gartner. However, Oracle's stock has cratered from $300…