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Broadcom Revenue Misses Estimates as AI Chip Competition Intensifies
Shares tumble over 13% as Broadcom reports revenue miss amid fierce competition from Nvidia and Marvell in the custom AI chip market.
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Inside Meta's High-Stakes AI Catch-Up: The Alexandr Wang Bet
A year after hiring outsider Alexandr Wang, Meta releases Muse Spark, its most credible AI model. Can the young CEO close the gap with OpenAI and Google?
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Anthropic Taps Morgan Stanley and Goldman Sachs for IPO
Anthropic selects Morgan Stanley, Goldman Sachs to lead IPO preparations, potentially listing as soon as October at a $965B valuation.
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Anthropic report: AI-powered cyberattacks surge 70% in one year
Anthropic finds drastic rise in AI misuse for cyberattacks, malware development, and autonomous espionage.
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SpaceX Secures Tax Incentives for Texas Chip Plant Despite Local Outcry
SpaceX wins tax breaks for a Texas chip factory, a key step toward its massive IPO, despite strong local opposition over environmental concerns.
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South Summit: AI Is a Tool, Not a Threat, Urges Europe to Tear Down Borders
South Summit 2026 opens in Madrid with calls for AI-driven growth and a unified European market for startups.
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Mysten Labs Launches Walrus Memory for Portable AI Agent Context
Walrus Memory by Mysten Labs creates a portable memory layer for AI agents, enabling cross-app context and user data control.
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UK MP Sues Musk's xAI Over Grok Deepfake Sex Images
An unnamed UK lawmaker sues Elon Musk's xAI, making it a potential test case for AI-generated non-consensual imagery under British law.