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SpaceX and Blue Origin race to build massive satellite networks for AI data centers
SpaceX and Blue Origin are filing for massive satellite constellations to build orbital AI data centers, with implica…
Nebius raises $775M in debt to expand AI cloud without diluting shareholders
Nebius Group secures $775 million in senior secured debt to scale its AI cloud platform and GPU capacity, backed by o…
Google expects AI budget to rise amid capacity shortages, with capex doubling to $190B
Alphabet plans to spend up to $190 billion on AI infrastructure in 2026, doubling its 2025 capex, as persistent compu…
Meta Platforms stock drops amid capital raising speculation
Meta Platforms shares fell 5.5% after a Financial Times report suggested a massive equity offering to fund AI infrast…
Uber to acquire Delivery Hero in $14.8 billion deal, creating a food delivery giant spanning 99 markets
Uber announced a $14.8 billion all-cash takeover bid for Delivery Hero, creating a delivery giant across 99 markets w…
Amazon fixes AWS billing bug that overcharged customers billions on paper
AWS billing bug showed customers estimated charges in the billions and trillions. Here's why crypto companies relying…
British Virgin Islands emerges as a top crypto hub for exchanges
Kraken, Bitstamp, Bitfinex, and 1inch have registered as VASPs in the British Virgin Islands, making the tiny Caribbe…
IBM warns sales fall short of expectations amid AI shift, stock drops 25%
IBM shares fell 25% after Q2 2026 revenue of $17.2B missed estimates by ~$700M as enterprise clients shift spending t…
Apple posts 22% growth in iPhone sales, and crypto markets are paying attention
Apple's fiscal Q2 2026 results show 22% iPhone revenue growth to $57B and record $111.2B total revenue, boosting risk…
Zano Project launches Zenith, transitioning to pure proof-of-stake model
Zano launches Zenith, a pure proof-of-stake protocol with 15-second block times, fee burning, and fully private staki…
Netflix shares fall 11% after Q2 revenue misses expectations
Netflix shares dropped 11% after Q2 2026 revenue of $12.56B missed expectations and Q3 guidance of $12.86B fell short…
Semiconductor stocks fall into bear market as $1.5 trillion evaporates and crypto eyes capital rotation
The PHLX Semiconductor Index fell nearly 20%, erasing $1.5 trillion in value. Analysts watch Bitcoin ETF inflows for …
SK Hynix ADRs drop below $149 listing price for first time as AI chip euphoria fades
SK Hynix ADRs fall below the $149 listing price for the first time, erasing all gains from the $26.5 billion offering…
Apple surpasses Nvidia to become world’s most valuable company
Apple has overtaken Nvidia as the world's most valuable company, with the gap closing to $20B as iPhone demand and ea…
Chinese AI models narrow cyber capability gap with US rivals
Zhipu AI's GLM-5.2 matches Anthropic's Mythos in cybersecurity benchmarks at one quarter the cost, narrowing the gap …
Moonshot’s Kimi K3 sends AI and semiconductor stocks into a tailspin
Moonshot's Kimi K3, a 2.8 trillion-parameter open-weight AI model, triggered a selloff in AI and semiconductor stocks…
Futures tumble as DeepSeek sparks chip meltdown, crypto scam tokens flood Solana and Ethereum
DeepSeek's AI models wiped $589 billion from Nvidia's market cap and triggered a wave of scam tokens on Solana and Et…
Suno raises $400M at $5.4B valuation as copyright lawsuits from major labels intensify
Suno closed a $400M funding round at a $5.4B valuation as copyright lawsuits from Sony and UMG expand to cover 61,000…
HSBC upgrades Apple to Buy, raises price target to $366 on AI momentum
HSBC upgraded Apple to Buy with a $366 price target, citing AI-driven iPhone sales growth of 21% in 2026 and a robust…
GPU financiers shift to inference chips in $400M deal, signaling new era for AI infrastructure
General Compute secures $400M credit line backed by SambaNova inference ASICs, marking a shift from Nvidia GPU collat…
Applied Digital hits 1 GW AI infrastructure milestone as former crypto miner pivots hard into data centers
Applied Digital, formerly Applied Blockchain, surpasses 1 GW of contracted AI data center capacity with $11 billion i…
US equity futures fall as semiconductor stock selloff intensifies, dragging crypto lower
US equity futures dropped as semiconductor stocks lost over $2 trillion since June. Bitcoin fell below $63,000 and Et…
Kimi K3 launches as world’s largest open-source AI model with 2.8 trillion parameters
Moonshot AI launches Kimi K3 with 2.8 trillion parameters, rivaling top closed US AI models. Here's what it means for…
AMD and Nvidia investors brace for earnings reports on Aug. 4
AMD reports fiscal Q2 2026 earnings on August 4, following Nvidia's $68.1B blowout quarter. Here's why the results ma…
IBM warns of massive sales shortfall as AI spending reshapes the tech landscape
IBM stock crashes 25% after warning Q2 revenue will miss estimates by $660M. The sell-off highlights a growing AI div…
South Korea probes Montage Technology’s office over competition practices
South Korea raided Montage Technology, Renesas, and Rambus offices in a price-fixing probe targeting memory interface…
Across Protocol confirms Solana bridge attack, says user funds are safe
Across Protocol confirmed an attack on its Solana bridge deployment, disabling deposits while assuring users their fu…
Xi Jinping urges inclusive AI development at China’s top tech summit, and crypto was nowhere on the agenda
Xi Jinping attended the World Artificial Intelligence Conference in Shanghai, pushing inclusive AI development. Here'…
Nvidia becomes world’s largest public company as its stock token tops Robinhood Chain
Nvidia hits $5.1 trillion market cap to become the world's largest public company, while its tokenized stock leads tr…
Moonshot AI’s Kimi K3 sends rival stocks tumbling as China’s AI race heats up
Moonshot AI's Kimi K3 model rattled global markets, sending rival AI stocks down as much as 27% while raising questio…