Sandisk drops 26% amid fears over Google's TurboQuant compression algorithm, but with Q2 data center sales surging 64% quarter-over-quarter, margins projected at 65-67%, and a $671 price target suggesting 17-18% undervaluation, analysts say the sell-off is overblown and the stock presents a strong buying opportunity.
AI recruiting startup Mercor confirms it was hit in a massive supply chain attack on open-source library LiteLLM, which sees millions of daily downloads, with extortion group Lapsus$ claiming responsibility and sharing allegedly stolen data including Slack conversations and contractor videos, while thousands of other companies may also be compromised.
Google DeepMind releases two new tools — the Gemini API Docs MCP and Gemini API Developer Skills — that together achieve a 96.3% pass rate and 63% fewer tokens per correct answer, keeping AI coding agents current with real-time Gemini API documentation.
Google launches Veo 3.1 Lite at just 5 cents per second, dramatically undercutting competitors in the AI video market as OpenAI simultaneously retreats by scrapping its Sora model and abandoning a $1 billion Disney deal.
Google launches Veo 3.1 Lite, its most affordable AI video generation model yet, offering developers Text-to-Video and Image-to-Video capabilities at less than 50% of the cost of Veo 3.1 Fast, with support for 720p and 1080p resolutions and flexible durations, available now through the Gemini API.
Oracle is cutting thousands of jobs amid a 25% stock drop and mounting debt, as the tech giant bets big on AI infrastructure with plans to raise $50 billion and honor a $300 billion OpenAI deal, while analysts say slashing up to 30,000 employees could unlock $10 billion in free …
Hermes Agent v0.6.0 launches March 30, 2026, bringing multi-profile isolation, expanded platform integrations including Feishu, WeCom, and Slack multi-workspace OAuth, plus a major security overhaul with atomic config writes, dangerous command detection, and automatic inference failover across 95 merged PRs.
Anthropic launches a Compliance API for the Claude Platform, giving organization admins programmatic access to audit logs that track user activity and configuration changes, though model inference and direct Claude interactions remain unlogged.
Snowflake deploys AI agents across its entire workforce, betting that data-driven automation will revolutionize enterprise operations, with tools like Project SnowWork and Cortex Code enabling employees and customers to automate complex tasks without traditional coding skills.
South Korean AI chip startup Rebellions hits a $2.34 billion valuation after securing $400 million in a pre-IPO round led by Mirae Asset Financial Group, while simultaneously launching two new AI infrastructure platforms, RebelRack and RebelPOD, as the company aggressively expands into the U.S., Japan, Saudi Arabia, and Taiwan.