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CNBC
House passes bill to ease permits for building out AI infrastructure
The SPEED Act now heads to the Senate, which is in the early stages of its own permitting reform talks.
CNBC
Jim Cramer urges discipline on GE Vernova as Wall Street analysts get more bullish
Volatile trading in GE Vernova stock recently epitomizes the fickle nature of the AI trade.
Bloomberg
Microsoft, Google Among 24 Firms Joining US AI ‘Genesis Mission’
Two dozen top artificial intelligence companies have signed on to join the federal government’s “Genesis Mission,” an effort by the Trump administration to boost the use of the emerging technology for scientific discovery and energy projects.
Bloomberg.com
Micron Gives Rosy Sales Forecast After AI Boom Spurs Demand - Bloomberg
... AI enabler.”Photographer: Kyle Green/Bloomberg. Micron shares ... Provide news feedback or report an error · Site feedback: Take our Survey.
NBC News
Woman in Japan marries her A.I. boyfriend - NBC News
A woman in Japan married an AI-generated boyfriend, who was present on a phone screen, and even exchanged rings in the candle-lit ceremony.
Reuters
With freebies, OpenAI, Google vie for Indian users and training data | Reuters
Illustration shows message reading "AI artificial intelligence", keyboard and robot hands ... Reuters, the news and media division of Thomson Reuters,...
Reuters
Micron forecasts blowout earnings on booming AI market, shares rise 7% | Reuters
Shares of the Boise, Idaho-based company were up 7% in extended trading after the forecast. Get a daily digest of breaking business news straight to...
CNBC
Micron stock pops 12% as AI memory demand soars: 'We are more than sold out'
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
CNBC
Micron stock pops 11% as AI memory demand soars: 'We are more than sold out'
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
CNBC
Nvidia and Alphabet VC arms back vibe coding startup Lovable at $6.6 billion valuation
The announcement confirms details reported by CNBC on Tuesday.
Bloomberg
AI Startup Edison Raises $70 Million to Speed Up Scientific Research
A startup building artificial intelligence software to speed up and automate scientific research has raised $70 million in a new funding round, the latest sign of investor enthusiasm for using AI in the sciences. The financing for Edison Scientific, announced Thursday, was co-led by Spark Capital, Triatomic Capital and a US-based biotech investor that the company declined to name. Other participants included Google Chief Scientist Jeff Dean and CrowdStrike co-founder Dmitri Alperovitch. The fund
Bloomberg
Lagarde Says AI Is Having Positive Impact on Europe’s Economy
Artificial intelligence is having a positive impact on Europe’s economy, according to European Central Bank President Christine Lagarde.
Bloomberg
Morgan Stanley Offers More Junk Debt for Google-Tied Project
Developers of a data center linked to Alphabet Inc.’s Google are tapping the junk-bond market to finance the project in a deal led by Morgan Stanley, extending a borrowing spree powering the artificial-intelligence boom.
CNBC
Micron stock pops 14% as AI memory demand soars: 'We are more than sold out'
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
Reuters
Exclusive: FTC probes Instacart's AI pricing tool, source says; shares drop | Reuters
Shares were down around 10% on the news · Grocery delivery platform facing criticism over AI tool · Study showed some shoppers got prices up to 23%...
SCMP
SenseTime pushes open-source AI model to provide a ‘smart brain’ for every robot
Chinese artificial intelligence pioneer SenseTime has open-sourced a “world model” and kicked off its foray into the burgeoning field of embodied intelligence by releasing its first robotic dog.
The Hong Kong-listed AI firm’s new venture, Ace Robotics, on Thursday released Kairos 3.0, an open-source model that simulates the physical world, and a developer platform called “KaiWu” that supports embodied intelligence applications.
“Ace Robotics will promote the large-scale commercialisation of...
SCMP
China’s CATL marks trailblazing deployment of humanoid robots at scale on the factory floor
Contemporary Amperex Technology (CATL), the world’s largest maker of electric vehicle (EV) batteries, has started deploying humanoid robots at scale within its Zhongzhou production base in Luoyang, a city in central Henan province.
The company on Wednesday described its deployment at scale as a “world’s first”, as humanoid robots built by start-up Spirit AI performed complex tasks with speeds that matched those of skilled human workers.
Spirit AI’s Xiaomo robots have been assigned to plug in...
SCMP
Alibaba deepens ecosystem push with Qwen-Amap tie-up for routes, restaurants and hotels
Alibaba Group Holding is folding its mapping and navigation platform Amap into its Qwen artificial intelligence app, in a tie-up the company says will sharpen Qwen’s real-world “life services” just weeks after the app’s debut.
The integration, announced on Thursday, lets Qwen users handle travel and lifestyle requests – from restaurant and hotel recommendations to route planning and turn-by-turn navigation – in a single conversational interface. Alibaba owns the South China Morning Post.
Alibaba...
CNBC
Visa says new AI shopping tool has helped customers with hundreds of transactions
Visa said it successfully completed hundreds of AI transactions as part of a pilot program it kicked off after a product event in April.
Bloomberg
OpenAI Inks Deals With Colleges, Seizing Early Lead in Education Market
OpenAI has established a beachhead at many US colleges, overcoming university administrators’ wariness of artificial intelligence and giving ChatGPT a headstart on becoming the go-to assistant for the next generation of workers.
Bloomberg
Ares Makes $700 Million Bet on AI With Virginia Buying Spree
Ares Management Corp. is ramping up its bet on the AI boom, spending $700 million to build a sprawling data-center complex and buy fully-leased properties in Virginia.
Bloomberg
Meet the Politician the AI Industry Is Trying to Stop
All eyes are on the race for New York's 12th congressional district.
Bloomberg
Anthropic, OpenAI Seek More Office Space to Expand in Europe
OpenAI and Anthropic are looking to expand their office footprints in Dublin, a move that underscores both firms’ growing presence in Europe and the race to boost global uptake of their artificial intelligence services.
CNBC
CNBC Daily Open: Oracle's debt seems to be affecting data center funding
Despite the recent pullback in artificial intelligence stocks, the Bank of America thinks "the AI trade may still have room to run into 2026."
Bloomberg
See Rise of AI Generated Attacks: Exein CEO
The cybersecurity firm Exein has raised €100 million in additional funding, bringing the total raised this year to €170 million.
It's been a year of hyper-growth for the Italian startup, backed by JP Morgan, with its valuation nearly doubling since its Series C fundraise in July.
The Founder and CEO Gianni Cuozzo spoke to Tom Mackenzie on Daybreak Europe. (Source: Bloomberg)
Reuters
Amazon shakes up AI team as veteran Prasad leaves, DeSantis promoted | Reuters
... AI models, custom silicon and quantum computing ... Reuters, the news and media division of Thomson Reuters, is the world's...
Bloomberg
India Becomes World’s Most Active Market for Large-Language Models as AI Firms Eye Growth
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
CNBC
SoftBank leads decline in Japanese tech stocks as worries over AI spending spill over to Asia
The tech-heavy Nasdaq Composite slipped 1.81%, dragged by losses in Oracle, Broadcom, Nvidia and other AI names.
CNBC
CNBC Daily Open: Concerns over Oracle's debt spill over into its projects
Despite the recent pullback in artificial intelligence stocks, the Bank of America thinks "the AI trade may still have room to run into 2026."
CNBC
MetaX and Moore Threads' IPOs underscore Chinese chipmakers' growing challenge to Nvidia
New entrants like MetaX and Moore Threads join tech giants Huawei, Baidu and Alibaba in rushing to produce Nvidia alternatives.