SK Hynix priced its ADRs at $149, opened at $170 and closed up roughly 13%, raising $26.5 billion on Wall Street.
SambaNova raised $1B at an $11B valuation to scale its inference chips as JPMorganChase signs on as a customer.
Together AI raised $800M at an $8.3B valuation, betting cheap open-source models on neocloud infrastructure beat closed APIs.
Micron poured first concrete at its New York fab and raised its US spending plan past $250 billion, chasing AI memory demand.
Microsoft is spending $2.5B on 6,000 experts to embed inside enterprises, betting deployment, not models, wins the AI war.
A court filing confirms the assistant Apple ships this fall will be powered by Google's Gemini, not OpenAI's ChatGPT.
Mistral confirms a new open-weight model for July early access, doubling down on a performance-per-cost strategy.
AgentPrizm's AgentMemory and AgentSkills launch bets that governed, provable memory is the missing layer for reliable agents.
TwelveLabs raised $100M co-led by NEA and NAVER Ventures to make the world's video archives searchable and machine-readable.
At WCHR 2026 in Seoul, Puncture Robotic debuted HAIRO, China's first NMPA Class III-certified AI hair-transplant robot.
A new arXiv paper lets LLM agents rewire who talks to whom at every reasoning step, reporting a 6.2-point average lift.
A new paper argues reasoning ability and planning ability are not the same thing — and proves it.
Apple has sued OpenAI in federal court, alleging a coordinated theft of hardware trade secrets 'at every level.'
Kevin Warsh has put a marquee AI investor inside the Fed's policy review, raising fresh conflict-of-interest questions.
On August 2 the EU AI Act stops being a compliance memo and becomes an enforceable law with teeth for GPAI providers.