Citi says Magnificent Seven no longer defines AI stock trade
Citi strategists argue the Magnificent Seven stock label no longer works for AI investing as performance diverges and capital rotates to chipmakers an...
Jul 20open_in_new
AI (AI) — News
7,176 articles · updated every 3 minutes
Auditors urge UK government to verify £45B AI savings claims before building policy around them
The UK's National Audit Office urges the government to verify its 45B AI savings estimate. Independent analyses suggest the real figure may be nearly ...
Jul 20open_in_new
Census Bureau projects 29,700 new businesses monthly, driven by AI boom
The US Census Bureau projects 29,700 new employer businesses monthly, up 17% YoY. AI-related formations surged 45% since November 2022, led by profess...
Jul 20open_in_new
Hut 8 inks $9.8B lease for 352MW at Beacon Point, doubling campus capacity to 704MW
Hut 8 signed a $9.8 billion second lease at Beacon Point, doubling the Texas AI campus to 704MW and bringing total contracted capacity to 949MW worth ...
Jul 20open_in_new
Bill Ackman bets on $700B hyperscaler AI spending wave with massive Microsoft and Meta stakes
Bill Ackman's Pershing Square has built roughly $4 billion in Microsoft and Meta stakes, betting on $700 billion in hyperscaler AI spending and its ma...
Jul 20open_in_new
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Coinbase CEO Brian Armstrong: Hash Power Doesn’t Determine Bitcoin’s Price
Coinbase CEO Brian Armstrong pushed back on Sunday against fears that miners defecting to artificial intelligence (AI) threaten bitcoin, arguing the n...
Jul 20open_in_new
Wall Street banks divided on whether chip stocks are a buying opportunity
Wall Street banks split on chip stocks as the SOX drops 20% from its peak following a 105% AI-driven rally. Here's what it means for crypto too. The p...
Jul 20open_in_new
Anthropic’s context-rich AI coding harness could reshape how smart contracts get built
Anthropic's Cat Wu details Claude Code's context-rich AI coding harness with persistent memory, compressing dev cycles and reshaping smart contract Th...
Jul 20open_in_new
Nvidia partners with Bristol-Myers Squibb to build AI supercomputer for drug discovery
Bristol-Myers Squibb and Nvidia built an AI supercomputer for drug discovery that cut computing costs 55%, joining a pharma industry AI infrastructure...
Jul 20open_in_new
Moonshot AI’s Kimi K3 drops with 2.8 trillion parameters, and Wall Street is already nervous
Moonshot AI's Kimi K3 launches with 2.8 trillion parameters at half the cost of US rivals, rattling Nasdaq and sparking decentralized compute discussi...
Jul 20open_in_new
Hut 8 lands $9.8B AI data center lease at Texas campus, stock soars 12% premarket
Hut 8 has signed a second 15-year, $9.8 billion lease covering 352 MW of IT capacity at its Beacon Point data center campus in Texas. The post Hut 8 l...
Jul 20open_in_new
Hut 8 lands $9.8 billion AI data center lease at Texas campus, stock soars 12% premarket
Hut 8 signed a $9.8 billion, 15-year lease for its Beacon Point AI data center in Texas, sending HUT shares up over 30% as the former Bitcoin miner pi...
Jul 20open_in_new
Hut 8 signs $9.8B lease for AI data center in Texas, stock surges over 30%
Hut 8 signed a $9.8 billion, 15-year lease for its Beacon Point AI data center in Texas, sending HUT shares up over 30% as the former Bitcoin miner pi...
Jul 20open_in_new
Allianz plans to cut 1,800 jobs as AI automation reshapes insurance industry
Allianz SE is cutting up to 1,800 jobs from its travel insurance division as generative AI replaces customer service roles across Europe. The post All...
Jul 20open_in_new
Trump administration considers stricter rules on Chinese AI after Moonshot AI’s Kimi K3 launch
Trump administration weighs new AI regulations after Moonshot AI's Kimi K3 launch. The 2.8 trillion parameter model beat US competitors, rattling mark...
Jul 20open_in_new
Amazon’s ROI expected to surpass Microsoft’s in AI cloud spending
Analysts expect AWS to deliver better ROI than Azure on AI spending. Here's what the cloud war means for investors and decentralized compute tokens. T...
Jul 20open_in_new
Micron expects memory chip supply tightness to extend well beyond 2027
Micron expects memory chip supply constraints to last beyond 2027 due to AI demand, with ripple effects for DePIN crypto tokens like Render and Fileco...
Jul 20open_in_new
Aon expands Data Center Lifecycle Insurance Program as digital infrastructure boom drives demand
Aon's Data Center Lifecycle Insurance Program has rapidly expanded from $1.5B to $3.5B with reports targeting $5B, reflecting surging AI and crypto Th...
Jul 20open_in_new
Chinese AI models challenge US dominance with cost-effective performance
Chinese AI models challenge U.S. dominance. Alibaba's best AI model by August 2026 at 0.4% YES, while Anthropic leads at 90.5% YES. The post Chinese A...
Jul 20open_in_new
Vitalik Buterin vibe-codes anonymous billboard demo on Aztec
Vitalik Buterin built an anonymous billboard prototype on Aztec Network using zero-knowledge proofs, ETH deposits, and AI moderation via vibe coding. ...
Jul 20open_in_new
Alphabet and Tesla earnings put AI spending and Bitcoin holdings under the microscope
Alphabet and Tesla report Q2 2026 earnings on July 22. Tesla holds 11,509 BTC with unrealized losses, while Alphabet's AI capex hits $180-190B. The po...
Jul 20open_in_new
Hugging Face hacked in autonomous AI attack that logged 17,000 actions
Hugging Face confirmed an autonomous AI agent breached its infrastructure in early July 2026, logging over 17,000 actions via dataset pipeline The pos...
Jul 20open_in_new
China’s Moonshot pauses Kimi subscriptions amid IPO preparations
Moonshot AI pauses new Kimi K3 subscriptions after demand surges sixfold, pushing ARR to $300M as the company targets a $30B Hong Kong IPO within six ...
Jul 20open_in_new
Chamath Palihapitiya Sees 2 Problems Facing Bitcoin Bulls: Here’s His Argument
Billionaire venture capitalist Chamath Palihapitiya argued on Sunday that bitcoin bulls face a two-front squeeze, with speculative money migrating to ...
Jul 20open_in_new
Kambi processes over 100 million bets during record-breaking 2026 World Cup as AI trading reshapes sports betting
Kambi processed over 100 million bets during the 2026 FIFA World Cup with AI-powered Bet Builders surging 10x, highlighting the gap crypto sportsbooks...
Jul 20open_in_new
ASML poised to become Europe’s first trillion-dollar company amid AI chip boom
ASML nears $1 trillion valuation as AI chip demand surges, with Q2 2026 sales hitting 9.3B. Tokenized ASML shares gain traction in crypto markets. The...
Jul 20open_in_new
Meta Platforms is not abandoning its massive AI investment, it is doubling down
Meta Platforms is not abandoning its AI investment. With 2026 capex guidance up to $135 billion, the company is doubling down alongside $700B in Big F...
Jul 20open_in_new
China’s Xi Jinping declares Beijing champion of new global AI order
Xi Jinping proposes a 29-country AI governance body at WAIC, conspicuously excluding blockchain and crypto, deepening the US-China tech divide. The po...
Jul 20open_in_new
Moonshot AI’s surprise model release jolts global tech markets, drags Bitcoin lower
Moonshot AI's Kimi K3 model, a 2.8-trillion-parameter open-weight system, rattled tech stocks and dragged Bitcoin lower in a DeepSeek-style market sho...
Jul 20open_in_new
China’s quantitative hedge funds face steep drawdowns amid market rout
China's quant hedge funds suffered steep losses after a global chip selloff. High-Flyer's fund dropped 15.7% in a single week, exposing crowded AI The...
Jul 20open_in_new