Mahesh Lakhani

Volta Infra, a seven-month-old AI infrastructure startup, secures a $2.4 billion valuation and a massive $10 billion contract with an unnamed AI company, while launching a $5 billion AI factory program with Azora.

Google has canceled its AI Studio mobile app despite 800,000 pre-orders, opting to integrate its features into the Gemini platform instead.

Shanghai-based Fangqing Technology has reportedly completed an A1 financing round at a valuation exceeding RMB 10 billion, though round size and investors remain undisclosed.

AWS expands context windows for OpenAI's GPT-5.6 models to 1 million tokens on Bedrock, transforming enterprise AI workflows with full-repository analysis and persistent agent memory.

DeepSeek-V4-Flash enters public beta with immediate API access and model downloads on China's National Supercomputing Internet, offering developers streamlined fine-tuning and deployment.

A week of market turmoil driven by Chinese chip advances exposes the opaque AI economy's dangerous overreliance on Nvidia, raising questions about its long-term stability.

South Korea's July exports surged 62.8% to $98.89 billion, beating forecasts on explosive semiconductor and computer demand for AI, even as market volatility and supply chain risks loom.

Asia’s trillion-dollar chipmakers are riding an AI wave built on hardware demand, not hype, marking a clear break from the dot-com era’s speculative excess.

LinkedIn is giving users a direct way to flag AI-generated slop with a new reporting button, part of a broader push to reduce low-quality automated content on the platform.

A $15 billion bank deal for a Texas data center campus, backed by Google, could reshape AI infrastructure financing and deepen the Anthropic-Google partnership.

xAI's Grok 4.3 launches on Amazon Bedrock in AWS GovCloud (US-West), bringing configurable reasoning and a new inference engine to regulated government and enterprise workloads.

Meta's massive AI infrastructure spending caused a 91% free cash flow collapse, raising doubts about its strategy to monetize compute without a cloud business model.

Beetaloo Energy and Halliburton team up to develop a gas-to-power project for AI data centres in Australia's Northern Territory, tapping the Beetaloo Basin's resources.

Samsung Electronics reported a 19-fold surge in Q2 operating profit to a record 89.5 trillion won, driven by insatiable demand for AI memory chips that eclipsed weakness in its mobile business.

Arm Holdings beat Q1 estimates and forecast Q2 revenue above Wall Street expectations, driven by surging demand for its power-efficient chip designs in AI data centers and a new AGI CPU already surpassing $2B in demand.

Meta raised the lower end of its 2026 capital expenditure forecast to $130 billion, signaling an aggressive AI infrastructure push despite a 5% stock drop and looming legal battles over youth safety.

OpenAI's new program grants 100,000 researchers free access to GPT-5.6 models, aiming to democratize AI-driven scientific discovery with privacy and training support.

Congressman Frank Pallone demands Elon Musk disclose environmental and public health impacts of xAI's Colossus data centers in Tennessee and Mississippi.

Eliyan, a startup solving data transfer bottlenecks in AI chips, raised $145 million at a $1 billion valuation from investors including Cisco and Lumentum.

Oil prices jumped and chip stocks extended their rout after Iran launched a missile attack on US forces, creating a volatile backdrop for the Federal Reserve's most uncertain rate decision in years.

Seagate Technology forecast fiscal Q1 revenue and profit above estimates, driven by surging demand for high-capacity HDDs in AI infrastructure.

KLA Corporation issued an upbeat quarterly forecast, driven by sustained AI infrastructure spending, though its stock fell 8% in extended trading amid profit-taking.

ASM International projects third-quarter revenue of 1.1 billion euros, surpassing analyst estimates, driven by sustained AI infrastructure investment despite softness in other chip markets.

Brookfield Asset Management expects 6.5 gigawatts of AI data-centre capacity to come online in India over the next five years, highlighting the country's rapid emergence as a global AI infrastructure hub.

Xylem raised its 2026 profit forecast after beating Q2 estimates, citing surging demand for water-treatment equipment from AI data centers. Shares rose over 2%.

A sharp sell-off in AI stocks hit South Korea's market, with Samsung and SK Hynix dropping over 10% on fears of Chinese competition and unsustainable spending.

Core Scientific has signed a landmark deal to supply AMD with up to 2.5 gigawatts of data center capacity for AI systems, accelerating its shift from crypto mining to AI infrastructure.

Nasdaq futures fell sharply on Tuesday as AI chip stocks tumbled, driven by concerns over corporate spending and rising Chinese competition, ahead of earnings from Amazon, Meta, Apple, and Microsoft.

Nvidia is in advanced talks to provide $250 billion in financing guarantees for OpenAI's colossal Ohio data center, a move that would reshape AI infrastructure ownership and lock in chip demand.

Apple is set to introduce AI-powered smart glasses at its June developer conference, taking on Meta and Google with a unique privacy-preserving approach that could redefine wearable tech.