BusinessMeasuring AI ROI: 'Useful Intelligence per Dollar' as a practical metricChief financial officers are asking whether AI delivers more value than it costs.5 min read
BusinessGlobal tech and chip stocks slide as Fed worries and Middle East tensions unsettle marketsGlobal equity markets opened lower on July 17, 2026, as investors reacted to renewed US–Iran tensions, uncertainty about Federal Reserve policy and a fresh selloff in technology and chip stocks after mixed corporate news.3 min read
BusinessApple sues OpenAI over trade secrets and staff transfers, raising risks for OpenAI’s hardware plans and IPOApple filed a trade-secrets lawsuit against OpenAI last Friday, alleging a pattern of misconduct that reaches up to OpenAI’s chief hardware officer and claiming that more than 400 former Apple employees now work at OpenAI.3 min read
BusinessUpper90 lends $400M to General Compute, taking inference chips as collateralGeneral Compute secured a $400 million loan from Upper90, marking one of the first major financings to accept inference-specific AI chips as collateral.3 min read
BusinessTSMC Announces $100 Billion Arizona Expansion and Raises Investment OutlookTaiwan Semiconductor Manufacturing Company (TSMC) unveiled a further $100 billion of investment in its Arizona operations and raised its near‑term capital expenditure forecast, citing persistent AI‑driven demand through 2030.2 min read
Business4iG regains Microsoft CSP and AI Cloud Partner status after nine years4iG Informatikai Zrt.2 min read
BusinessHow Elorian Raised $55M Seed at a $300M Valuation Before Shipping a ProductAndrew Dai, founder and CEO of Elorian and a former Google DeepMind researcher, told the Build Mode podcast how his startup secured a $55 million seed round at a $300 million pre‑money valuation without revenue or a released product.2 min read
BusinessMorgan Stanley posts record quarterly revenue and strong profit, driven by trading and investment bankingMorgan Stanley reported a stronger-than-expected second-quarter result with record revenue of $21.35 billion and net income of $5.58 billion, or $3.46 per share.2 min read
BusinessEx‑DeepMind researcher Andrew Dai raises $55M seed for visual AI startup Elorian at $300M valuationAndrew Dai, a former Google DeepMind researcher and now CEO of Elorian, closed a $55 million seed round that values the company at $300 million just months after leaving DeepMind.3 min read
BusinessTSMC posts record Q2 profit as AI chip demand lifts salesTaiwan Semiconductor Manufacturing Company (TSMC) reported a 77.4% year‑over‑year rise in net profit for the April–June quarter, driven by strong demand for chips used in artificial‑intelligence applications.2 min read
BusinessAMI Labs focuses on world models and real‑world partners, avoids 'AGI' and 'superintelligence' labelsAMI Labs CEO Alexandre LeBrun rejects labels like “AGI” and “superintelligence,” arguing they are ill‑defined, and says the startup is concentrating on world models that incorporate physics to make AI useful in the physical world.5 min read
BusinessHow Elorian Secured a $55M Pre-Product Seed Round at a $300M ValuationElorian, led by founder and CEO Andrew Dai, raised a $55 million seed round at a $300 million valuation before releasing a product or generating revenue.2 min read
