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Treasury Warns AI Poses Systemic Risk
Markets

Treasury Warns AI Poses Systemic Risk

A leaked Treasury Department draft report from career analysts warns the AI boom poses systemic financial risk, a…

Texas Halts Data Center Grid Approvals
Data Centers

Texas Halts Data Center Grid Approvals

Texas Gov. Greg Abbott froze new data center grid connections on August 3, 2026, ordering an audit of…

OpenAI’s Influencer Trip Draws Backlash
Big Tech

OpenAI’s Influencer Trip Draws Backlash

OpenAI's first influencer brand trip drew online criticism over AI's environmental impact, days after creators posted glowing recaps…

OpenAI Fires Back at Apple Lawsuit
ChatGPT

OpenAI Fires Back at Apple Lawsuit

OpenAI published internal emails and iMessages rebutting Apple's trade-secret lawsuit over its hardware business, accusing Apple's lawyers of…

AI Safety Deadline Hits, Meta Sits Out
Policy & Regulation

AI Safety Deadline Hits, Meta Sits Out

Executive Order 14409's 60-day deadline for an NSA frontier AI benchmark and voluntary pre-release review landed August 1,…

Big Tech AI Spending Splits Winners
Big Tech

Big Tech AI Spending Splits Winners

Microsoft, Amazon, and Alphabet gained nearly $1.5 trillion in market value during earnings week while Apple, Meta, and…

Senators Ask SEC to Probe Trump Media
Markets

Senators Ask SEC to Probe Trump Media

Senators Warren and Schiff have asked the SEC to investigate Trump Media's Truth API, a paid data feed…

Kalanick’s Atoms Raises $1.7B From Uber
Startups

Kalanick’s Atoms Raises $1.7B From Uber

Travis Kalanick's industrial AI company Atoms raised $1.7 billion led by Andreessen Horowitz, betting on specialized robots over…

OpenAI’s $852B Valuation, Explained
ChatGPT

OpenAI’s $852B Valuation, Explained

OpenAI closed the largest private funding round in history at $852 billion, backed by Amazon, Nvidia, and SoftBank,…

Google Cancels AI Studio App for Gemini
App Builders

Google Cancels AI Studio App for Gemini

Despite 800,000+ preorders, Google scrapped its standalone AI Studio mobile app and is folding app-building tools directly into…