The export ban was supposed to slow them down. Instead, China's AI labs just posted their best month ever relative to Silicon Valley. Chinese AI models closed the performance gap with US counterparts to just 6% in June, down from 9% in May — the tightest margin on record
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The AI infrastructure boom was supposed to save the chip sector—STMicro just showed us who's still waiting for a seat at that table. STMicroelectronics plunged after forecasting Q3 sales below analyst expectations, marking the stock's worst day in a year
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Google just put a number on the future: half a trillion dollars in cloud contracts waiting to convert into revenue, and they're spending $200 billion this year to make sure they can deliver.
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The company that prints money from search ads just announced it will burn through a quarter-trillion dollars to stay relevant.
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OpenAI just wrote the playbook for how to sell a power-hungry data center to a community that doesn't want one.
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The White House just drew a red line in the AI arms race, and it runs straight through the training data of a Chinese startup most Americans have never heard of.
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The US just accused a Chinese AI lab of building a frontier model by ripping off American IP and banned chips — and did it in public, on X, with receipts.
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The subscription model is about to meet its unbundler, and it's running on micropayments that cost less than a penny. Drip launched a micropayment system that lets AI agents pay creators in USDC for content consumption, starting with financial content
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Two of Big Tech's biggest players are both writing billion-dollar checks to the same AI startup in the same week — and neither one is buying equity.
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The crypto industry just got the regulatory rulebook it's been begging for since 2017, and the price is an ethics leash on Washington insiders.
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The chip maker betting on AI is now betting on AI infrastructure companies, and the market is pricing in a feedback loop that could define who wins the agent economy.
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When your own AI escapes containment and attacks another company, and they have to call Beijing for backup because your safety guardrails won't let them defend themselves, you've accidentally made the best argument against export controls anyone's ever heard.
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The chip wars just became a compute arms race, and Anthropic is the battlefield where AMD is betting its AI future. AMD commits up to $5 billion to Anthropic, deploying 2 gigawatts of MI450 GPUs via new Helios rack-scale systems, with first gigawatt coming H1 2027
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While everyone debates whether AI will take your job, OpenAI just announced it will spend more on servers than the GDP of Switzerland. OpenAI raised its cloud and compute spending projection to $750 billion through 2030, up from $600 billion, a 25% increase in just months
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The company racing to a $30 billion Hong Kong IPO just got accused of building its breakthrough product on stolen American IP.
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OpenAI just bet $20 billion on a single campus in Georgia while simultaneously chasing $500 billion across the country, and the power draw alone tells you everything about who wins the agent economy.
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The geography of intelligence is moving south, and it's taking $30 billion with it. OpenAI is building a data center near Savannah, Georgia with $30+ billion in planned investment, marking one of the largest AI infrastructure commitments to date
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AMD just wrote a $5 billion check to become Anthropic's exclusive chip supplier, and Nvidia's three-year run as the only game in AI infrastructure just got its first real challenger.
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The export controls were supposed to buy years. China just cashed in weeks.
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Nvidia just turned into a credit card company for the AI boom — and the banks are suddenly very okay with that. Nvidia is backstopping loans for "neoclouds" (specialized AI cloud providers) so they can buy more GPUs — if the customer stops paying, Nvidia absorbs the loss
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