BusinessRecursive Superintelligence signs multi-year cloud compute agreement with AWSRecursive Superintelligence announced a multi-year compute agreement with Amazon Web Services worth roughly $400 million, intended to support the company's compute-heavy work on self-improving AI systems.3 min read
BusinessInvestment in AI Infrastructure Surges While Equity Markets Signal a PullbackSpending on the physical infrastructure needed to run and deploy AI—data centers, servers, networks, power and cooling—is accelerating rapidly, yet recent stock-market profit-taking has triggered notable corrections in semiconductor and related equities.3 min read
BusinessAI firms buy and destroy old books to train models, report saysSeveral AI companies are reportedly purchasing large quantities of older and rare books to scan for model training, then destroying the physical copies.2 min read
BusinessNvidia's large AI infrastructure deals raise concerns about systemic risksNvidia is negotiating and announcing a series of massive AI‑infrastructure agreements — cumulatively possibly exceeding $750 billion — that include a South Korea project with SK Hynix worth over $500 billion and talks to guarantee up to $250 billion for OpenAI.3 min read
BusinessCognizant and Anthropic expand partnership to embed Claude across enterprise platformsCognizant and Anthropic announced on July 27, 2026 that they are extending their collaboration to integrate Anthropic’s Claude model throughout Cognizant’s engineering and business platforms and to scale a Claude-certified workforce.3 min read
BusinessNvidia in talks to guarantee $250 billion for OpenAI data‑center projectNvidia is negotiating to provide a $250 billion financing guarantee to OpenAI for a large data‑center build, according to the Wall Street Journal and Reuters.2 min read
BusinessNvidia to Buy $1 Billion of Naver Shares to Fund AI Data‑Center ExpansionNvidia will purchase $1 billion of newly issued Naver shares to help finance an expansion of the South Korean company's AI data center in Sejong, triggering a nearly 9% jump in Naver's share price on Monday.2 min read
BusinessOminimo reaches unicorn valuation after Series B led by EBRD; plans rapid global expansionSzerb–magyar insurtech startup Ominimo closed a Series B round with participation from the EBRD’s venture arm, taking its valuation above $1 billion (about €1.4bn / ~$1.6bn).5 min read
BusinessSafe Superintelligence and Nvidia sign long-term compute partnership to scale researchSafe Superintelligence, the AI lab founded by Ilya Sutskever, announced a long-term collaboration with Nvidia that includes an undisclosed investment and access to Nvidia’s Vera Rubin GPU platform.3 min read
BusinessCXMT's Shares Surge Over 500% on Debut, Momentarily Becoming China's Most Valuable Listed CompanyChinese memory-chip maker CXMT saw its shares jump from an 8.66 yuan IPO price to as high as 54.65 yuan on its first trading day, pushing its market capitalization to about 3.65 trillion yuan and briefly overtaking Industrial and Commercial Bank of China.3 min read
BusinessEnigma raises $70M to study how people naturally interact with robotsEnigma, a new robotics research lab, closed a $70 million seed round to study human–robot interaction and discover intuitive interfaces rather than prioritizing raw model capabilities.3 min read
BusinessPromise Group acquires Kontron Partner Kft.; operations continue as Promise Enterprise Hungary from July 1, 2026Promise Group, via APN Promise Hungary Kft., has acquired Kontron Partner Kft.; the company will operate as Promise Enterprise Hungary Kft.2 min read
