Hong Kong's IPO market just became ground zero for AI infrastructure capital formation. Ligent Technologies, an AI computing networks maker, is raising up to $727 million in a Hong Kong IPO, joining a wave of AI infrastructure listings in 2026
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Chinese AI companies are raising money faster than American VCs can write the checks — and they're doing it in Hong Kong, not Silicon Valley. Zhipu AI closed a $4 billion follow-on share placement in Hong Kong, then announced plans for another $5 billion round just weeks later
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SoftBank just borrowed $12 billion to double down on OpenAI — that's not investing, that's leveraging your company's future on one bet. SoftBank secured an $11.87 billion loan, up from an initial $10 billion target, specifically to fund its OpenAI investment
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Big Tech is betting the house on AI, and Oracle just showed us what happens when the market calls your bluff.
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The AI darling everyone said would burn cash forever just told investors it's printing money two quarters in a row. Anthropic told select shareholders it expects adjusted operating profit this quarter, marking two consecutive profitable quarters as it preps for an IPO
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An AI just did what cryptographers couldn't for nearly four centuries — and it happened while everyone was busy arguing about whether models can "reason." Claude Fable 5.1 cracked the Cyphral Distich, a cipher that stumped mathematicians and codebreakers for 370 years
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The search company that made its name fact-checking AI is now letting AI run unsupervised. Perplexity is using OpenAI's GPT-6 Astra to autonomously write communications, modify software, and monitor production systems with minimal human oversight
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A robotics company with live deployments raised $100M before announcing it existed. Maven Robotics launched from stealth with $100M Series A and robots already working in the field
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The company building the AI that won't let you jailbreak it just floated the idea of handing the whole thing to Uncle Sam. Anthropic hit profitability in its first quarter with revenue topping $11.5B, marking a major inflection point for AI economics
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The 2026 midterms just became a referendum on whether machines get training wheels or running shoes. Barack Obama told Democrats to make AI a "central agenda" and develop a clear plan for safeguards, while Trump dismissed concerns as overblown fearmongering
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The people building the most powerful technology in history are now begging the government to slow them down, and the government just told them to keep building.
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OpenAI asked a mathematician to delete his collaborator from a Clay Prize-worthy proof because the guy works at Anthropic.
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The people who've been racing to build god-level AI just hit the brakes — sort of. Anthropic CEO Dario Amodei published an essay calling for a frontier AI development slowdown, warning AI swarms could "take over the internet" within a year
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The Fed might raise rates to please bond traders, not because your grocery bill demands it. CME FedWatch data shows a 90% probability of a Fed rate hike by year-end, driven by market expectations rather than inflation fundamentals
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The people building the thing keep saying the thing might kill us—which is either the most honest safety warning in tech history or the most elaborate moat-building exercise ever attempted.
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One man's chemo diary became a case study for AI's real superpower — not curing disease, but giving patients their agency back. Russ Read-Barrow, 43, uses Claude to build a symptom tracker for his stage 4 colon cancer treatment, logging what helps during chemo cycles he repeats every three months
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The safety warnings arrived right on schedule, just as the product demos wrapped up.
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The company warning about AI extinction risk is simultaneously preparing to sell shares to the public—because apparently nothing says "prudent risk management" like spreading the liability around.
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The people building the thing now want to slow it down, and the government wants to floor it. President Trump dismissed AI safety concerns after tech CEOs called for pausing development The split reveals a reversal: builders turned cautious, politicians turned accelerationist
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Leverage just taught $150 million worth of crypto bulls a very expensive lesson in one day. $150M in long positions got liquidated across crypto markets in 24 hours, with $130M of that carnage happening in a single hour
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