OpenAI and Oracle unveil 4.5 gigawatts of new Stargate data center capacity, with parts of Stargate 1 in Abilene, Texas operational, as part of a $500 billion AI infrastructure investment plan in the U.S. over the next four years.
Alphabet soars with $96.43 billion revenue in Q2, beating expectations, and boosts investment in its booming Cloud business to $85 billion by 2025 amid surging demand.
Alphabet shatters records with a staggering $96.4 billion Q2 2025 revenue, propelled by YouTube's $9.79 billion ad revenue and Cloud's $13.62 billion revenue, despite losses in its Other Bets segment.
Tesla's automotive revenue drops 16% as sales slump, Elon Musk warns of 'rough quarters' ahead due to tariff costs and tax credit expiration, while robotaxi service kicks off in Austin with broader rollout planned by year-end.
Breaking news: President Trump reverses stance, greenlights Nvidia's $4 trillion chip sales to China after CEO Jensen Huang's persuasive talks, abandoning previous plans to break up the market-dominant tech giant.
Trump's AI Action Plan seeks to curb chip exports to China in a bid to maintain US AI dominance, but lacks coordination with allies and companies on implementation details.
Conversational AI startup Gupshup secures $60 million in equity and debt funding to drive global expansion and strengthen its AI agent offerings, though its unicorn status remains unconfirmed as the company keeps its valuation undisclosed.
IBM reports Q2 earnings exceeding estimates and raises full-year free cash flow outlook, but software revenue misses expectations and gross margin narrows, causing shares to dip as much as 6% in extended trading despite outperforming the S&P 500 significantly this year.
Teenagers embrace AI companions for guidance and emotional support, with over 70% using them and half regularly, sparking concerns about AI redefining human connections and youth mental health.
In a bid to boost US dominance in artificial intelligence, President Trump unveils an 'AI Action Plan' that seeks to cut environmental regulations for faster construction of AI supercomputers and data centers while promoting 'American values' to counter perceived liberal bias in AI systems.