Nvidia becomes the first company in history to reach a $5 trillion market valuation, surging 3% as unprecedented AI chip demand and potential US-China trade discussions fuel investor optimism about the company's dominance in the artificial intelligence revolution.
PayPal breaks new ground as the first digital wallet to integrate with ChatGPT's Instant Checkout feature launching in 2026, allowing users to access their complete payment methods and shipping information directly through the AI interface, expanding OpenAI's e-commerce reach beyond current partnerships with major retailers like Etsy, Shopify, and Walmart.
Employees exploit AI tools like GPT-4o to create sophisticated fake expense receipts, driving business fraud up 14% in three months as companies scramble to deploy detection systems against forgeries so realistic that human reviewers cannot identify them.
AI startup Mercor rockets to $10 billion valuation after raising $350 million, pivoting from hiring assessments to training AI models with 30,000 contractors earning $1.5 million daily while benefiting from clients fleeing competitor Scale AI following Meta's controversial acquisition.
Companies face shocking AI cost explosions as bills skyrocket from hundreds to tens of thousands of dollars within weeks due to unmonitored usage-based billing, prompting urgent adoption of specialized FinOps platforms and governance tools to track token usage, GPU hours, and API calls before budgets spiral out of control.
MIT-IBM Watson AI Lab marks eight years of groundbreaking collaboration by developing smaller, more efficient AI models that outperform larger systems, generating 54 patents and over 128,000 citations while training 70+ researchers and creating real-world applications across healthcare, finance, and cybersecurity industries.
Chinese autonomous vehicle company Zelostech secures $100 million in Series B4 funding led by Ant Group, bringing total Series B funding to $400 million as the firm operates over 10,000 driverless logistics vehicles globally for clients including China Post and DHL across multiple countries.
Andreessen Horowitz launches massive $10 billion fundraising campaign targeting AI and defense sectors while conspicuously omitting crypto from new fund plans, despite remaining one of Silicon Valley's biggest digital asset investors with recent $105 million in blockchain deals.
Woz AI Platform secures $6 million in funding to deliver production-ready app development as competing coding tools suffer massive traffic drops, with Vercel's v0 plummeting 64%, Bolt.new declining 27%, and Lovable falling 40% since May amid growing concerns over security vulnerabilities in auto-generated code.
DeepSeek unveils groundbreaking OCR model using vision-text compression technology that slashes AI processing costs by 95% while achieving 97% accuracy, potentially revolutionizing operations across finance, science, and medical industries.