Business — page 21
Cerebras stock drops 20% after margin guidance spooks first earnings call
The AI chipmaker beat Q1 estimates with $193M in revenue, but a 38–41% full-year margin forecast triggered the selloff.
Accenture rations AI tokens as employees burn budgets on basic tasks
After pushing staff to use AI or lose promotions, the consulting firm is now telling them to stop converting PDFs to slides with it.
Micron Q3 revenue quadruples to $41.45B as AI memory shortage bites
Shares jumped 13% after earnings as the Idaho chipmaker forecast up to $51B in Q4 revenue and inked a supply deal with Anthropic.
Agility Robotics to go public via SPAC at $2.5B valuation
The humanoid maker behind Digit is raising $620M to scale Digit v5 production against a $300M order book.
Bright Data's Or Lenchner argues real-time web access is AI's missing layer
97% of AI organizations now depend on live web data infrastructure, and 60% of projects without AI-ready data will be abandoned this year, per Gartner.
SK Hynix plans $29B Nasdaq ADR listing to court US AI investors
The HBM leader expects to start trading July 10, issuing 17.79 million shares at a 45.45 trillion won value to broaden its US base.
SoftBank's Masayoshi Son calls AI bubble talk 'blasphemy against AI'
The SoftBank founder, one of the largest financial backers of OpenAI, is pushing back hard against the bubble narrative gaining steam across markets.
Nvidia and AWS ship EC2 G7 instances with 4.6x AI inference gains
New Blackwell-powered G7 instances and cuVS-default vector search in OpenSearch cut indexing costs 75% versus CPU builds.
MoEngage acquires Aampe to put an AI agent behind every customer
The all-cash deal, worth tens of millions, gives the Indian marketing platform per-user AI agents and a foothold against Salesforce and Adobe.
Oracle cuts 21,000 jobs as it funds $50B AI buildout with debt
A 12.9% workforce reduction and $1.8B in restructuring costs accompany Oracle's debt-fueled push into AI cloud infrastructure.
Anthropic ships Claude Tag, a Slack-native virtual employee for enterprises
The bot already approves 65% of code changes inside Anthropic's product team and targets Salesforce's Slackbot head-on.
Anthropic puts Claude inside Slack as an always-on teammate
Claude Tag enters research preview for Enterprise and Team customers, with persistent memory across channels and an ambient mode that speaks up unprompted.
Midjourney's medical pivot: a water-tank ultrasound scanner radiologists call unproven
The image-generation startup says its 60-second submerged scan rivals MRI. Imaging specialists say the claims are wildly unsubstantiated.
Fika Jobs raises $4M to put AI interviewers between candidates and employers
The Stockholm startup pairs Gemini-powered video interviews with TikTok-style profiles, charging 10% of first-year salary on a hire.
Nvidia launches Agent Toolkit to anchor enterprise specialized AI builds
An open stack of models, tools, skills and a secure runtime aimed at digital coworkers — with Cadence, CrowdStrike, SAP and Siemens already on board.
Nvidia pushes telecom toward autonomous networks with new AI agent stack
At DTW Ignite 2026 in Copenhagen, Nvidia unveiled NemoClaw, OpenShell and synthetic-data tools with SoftBank, Amdocs, NTT DATA and ServiceNow on board.
Qualcomm nears deal to acquire AI chip startup Modular
The talks would hand Qualcomm a compiler stack built to abstract away CUDA, the linchpin of Nvidia's AI moat.
Groq raises $650M and rebuilds executive bench after Nvidia's $20B licensing deal
Six months after Nvidia licensed Groq's chip IP and hired away its CEO, the inference startup is pivoting to a 13-data-center cloud business.
Google DeepMind invests $75M in A24 to build AI filmmaking tools
The indie studio behind Marty Supreme and Backrooms will co-develop AI features with DeepMind, joining Netflix and Amazon MGM in Hollywood's AI race.
SpaceX signs $6.3B compute deal with open-source lab Reflection AI
Reflection becomes the third AI lab to rent GB300 chips from SpaceX's Colossus 2 site, joining Anthropic and Google.
Amazon opens Alexa+ beta in India with Hindi support
The generative-AI assistant heads to a market of 600M Hindi speakers, with code-mixed Hindi-English handling as the technical test.
Eco Wave Power taps NVIDIA AI to run data centers on ocean waves
The Israeli startup is piloting wave-powered compute at the Port of Los Angeles, with NVIDIA Omniverse digital twins managing the load.
Samsung Electronics deploys ChatGPT Enterprise and Codex to global workforce
One of OpenAI's largest enterprise rollouts puts ChatGPT Enterprise and Codex in the hands of Samsung Electronics employees worldwide.
Anthropic's Trump-administration crackdown is turning into a marketing tailwind
The export-control order pulled Fable 5 and Mythos 5 offline, but past clashes drove Claude downloads up — and rivals are watching.
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