SK Hynix Files to Raise $29 Billion in Nasdaq ADR Listing
SK Hynix filed to raise about $29 billion through a Nasdaq ADR listing set for July 10, roughly double earlier estimates, to fund its AI memory expansion.
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Immutable Cuts Game Teams to Bet on AI Marketing Platform
Web3 gaming unicorn Immutable cut 29 roles and gutted its in-house game studios to focus on Audience, an AI marketing platform for the broader games industry.
Anthropic Launches Claude Tag, an AI Teammate That Lives in Slack
Anthropic launched Claude Tag, a Slack agent teams summon with @Claude to delegate tasks, with shared channel memory and the ability to act on its own.
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Qualcomm to Acquire AI Software Startup Modular to Challenge Nvidia
Qualcomm agreed to acquire Modular, the AI software startup led by Chris Lattner, to build a hardware-agnostic software layer and challenge Nvidia in data center AI.
ByteDance Seeks $20 Billion Loan to Fund Its AI Buildout
ByteDance's record offshore loan would nearly double its 2024 facility and help fund capital spending that could reach $70 billion this year on AI data centers.
ByteDance Unveils Doubao 2.1 Pro and Previews Seedance 2.5 Video
ByteDance unveiled Doubao 2.1 Pro, which it claims beats Claude Opus 4.6 at 80% lower cost, and previewed Seedance 2.5, a 30-second video model.
Google Loses Two Top AI Leaders to OpenAI and Anthropic
The back-to-back exits of Noam Shazeer and AlphaFold's John Jumper expose Google's retention struggles as funded rivals lure away frontier AI researchers.
Google Invests $75 Million in A24 for DeepMind Filmmaking Partnership
Google is investing about $75 million in indie studio A24, pairing it with DeepMind to build AI filmmaking tools in its first stake in a studio.
OpenAI’s Codex Can Now Learn From Watching You Work
OpenAI added Record and Replay to its Codex Mac app, letting users demonstrate a task once and turn it into a reusable AI skill.
Salesforce to Acquire AI Agent Maker Fin for $3.6 Billion
Salesforce agreed to buy Fin, the customer-service AI company formerly known as Intercom, for about $3.6 billion to strengthen its Agentforce platform.
Nvidia and Firebird Just Signed a $10 Billion AI Deal With Kazakhstan
By
Olivia Grant
Kazakhstan's Data Center Valley would deploy 100,000 Nvidia GPUs near cheap power by 2027, though analysts flag execution risk after a history of stalled deals
Z.ai Ships GLM-5.2 Coding Model With 1M Context, No Benchmarks
Z.ai released GLM-5.2, a flagship coding model with a usable 1-million-token context, shipping it to paying subscribers first while withholding benchmarks, an API and open weights.
Tech Layoffs Near 150,000 in 2026 as AI Wealth Surges
Tech firms have cut close to 150,000 jobs in 2026 while citing AI, even as AI-driven IPOs mint vast new fortunes, sharpening questions about who benefits.