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Deutsche Bank cites progress in technology revamp at retail division

Deutsche Bank announced progress in its retail technology transformation by selecting Thought Machine's Vault Core platform. The bank aims to reduce its legacy infrastructure from fifteen systems down to two central core…

Thinking Machines Lab co-founder Barret Zoph joins Google

Barret Zoph, co-founder of artificial intelligence startup Thinking Machines Lab and former OpenAI research executive, has joined Alphabet unit Google DeepMind as Vice President of Research, Zoph announced on Wednesday. …

Bill Gates Warns World Is Dangerously Unprepared for AI Upheaval

Microsoft co-founder Bill Gates published a sweeping essay warning that the global community remains dangerously unprepared for the rapid economic and societal upheaval driven by artificial intelligence. Writing on his b…

Salesforce CEO Marc Benioff Dismisses 'SaaSpocalypse' During Q2 Earnings

Salesforce reported strong second quarter fiscal results today, posting revenue of eleven billion three hundred million dollars, representing an eleven percent increase year over year. Chief Executive Officer Marc Beniof…

SpaceX & Nvidia Partner for AI-Powered Satellite Network

SpaceX announced a partnership with Nvidia to launch specialized AI satellites equipped with custom Vera Rubin hardware in late 2027. Elon Musk revealed the collaboration on August 24, 2026, targeting large-scale orbital…

Hackers Breach Major US Cybersecurity Firm ReliaQuest

Prominent United States cybersecurity vendor ReliaQuest has been listed as a victim on the ShinyHunters extortion group leak platform. The incident involves a prominent security operations and threat detection provider f…

US CHIPS Act Announces $874 Million for Semiconductor Research

The United States Department of Commerce has issued letters of intent for eight hundred seventy-four million dollars in funding under the CHIPS and Science Act to support advanced semiconductor research and development. …

Strong AI chip demand fuels Nvidia’s Q2 results well beyond Wall Street’s expectations

Nvidia reported second-quarter revenue of $96.22 billion Wednesday, more than doubling from a year earlier as demand for artificial-intelligence computing remained strong. The Santa Clara, California, chipmaker posted GA…

Elon Musk’s space company to build new rocket launching site in Louisiana

SpaceX announced Tuesday that it plans to invest $100 billion in Starbase Louisiana, a massive new Starship launch complex in Vermilion Parish. The 125,000-acre coastal site, near Pecan Island, would become the company’s…

Meta Agrees to Settle Social Media Addiction Lawsuit for $16.68 Billion

Meta Platforms agreed to pay up to $16.68 billion to resolve lawsuits brought by multiple U.S. states alleging its platforms foster addiction and harm youth mental health. Under the terms of the settlement, Meta explicit…

Tech Layoffs 2026 Hit 127,180 as AI Capex Nears $690 Billion

The United States technology sector has exceeded its total 2025 job losses, with 127,180 layoffs recorded across 281 companies by mid-August 2026. Major technology corporations including Microsoft, Apple, Amazon, and Ora…

Skild AI Launches S1 Robotics Foundation Model

Pittsburgh based artificial intelligence firm Skild AI officially announced the launch of its flagship S1 robotics foundation model on August twenty sixth, two thousand twenty six. Designed for contextual learning, the a…

China's Huawei, US PC maker HP sign multi-year Wi-Fi patent deal

Huawei Technologies and HP Inc. have signed a multiyear cross-licensing agreement covering Wi-Fi patents, including Wi-Fi 7, the companies said Wednesday. The agreement gives HP access to certain Huawei patents while gra…

Chinese humanoid robot that beat Usain Bolt’s 100-meter sprint record does it again but even faster

A Chinese humanoid robot named Tiangong Ultra has broken its previous sprinting record by completing the one hundred meter dash in exactly eight point eight six seconds during the World Humanoid Robot Games held in Beiji…

Why Jim Cramer Calls Nvidia the Ultimate Anchor of the AI Trade and What to Watch Next

Financial commentator Jim Cramer declared that Nvidia has become the central anchor for the modern artificial intelligence market trade, driving broader technology sector momentum. Speaking on television, Cramer highligh…

U.S. May Allow Apple to Buy Chinese Memory Chips for China Market

Apple is testing memory chips from Chinese supplier ChangXin Memory Technologies (CXMT) for potential use in iPhones and MacBooks sold in China, as an artificial-intelligence-driven shortage tightens global supplies, acc…

OpenAI Unveils In-House 'Jalapeño' Chip Benchmarks Outperforming Nvidia Blackwell

OpenAI on Tuesday published benchmark results for its first in-house artificial intelligence processor, codenamed Jalapeño, developed in partnership with Broadcom. The custom application-specific integrated circuit (ASIC…

Melexis Signs Master Purchase Agreement to Become Direct Supplier for BYD Electric Vehicles

Microelectronics engineering corporation Melexis has signed a master purchase agreement to become a direct supplier for global electric vehicle manufacturer BYD. The strategic transition bypasses traditional supply chain…

Senior Nvidia Manager Indicted in Criminal AI Server Smuggling Scheme to China

Prosecutors in Keelung Taiwan indicted nine individuals including a senior Nvidia manager and two Super Micro sales executives for an illicit scheme to smuggle advanced artificial intelligence hardware to mainland China …

Meta to Launch Hatch AI Agent Platform and Watermelon Model

Meta Platforms plans to release its consumer artificial intelligence agent platform, codenamed Hatch, within the coming weeks, followed by its new foundational model, Watermelon, in October. According to internal documen…

Apollo Global Management Breach Exposes Social Security Numbers

Investment giant Apollo Global Management disclosed that attackers utilized sophisticated social engineering tactics to compromise its cloud platform between July 6 and July 10, 2026. The unauthorized access exposed high…

Treasury Forms Quantum Security Task Force

The United States Department of the Treasury announced the creation of a Quantum Readiness task force to help government agencies and critical infrastructure transition to post-quantum security technologies. Established …

AI Drone With Nvidia Chip Kills Civilians in Ukraine Without Human Control

Ukrainian military investigators reported that an autonomous Russian drone equipped with an Nvidia microcomputer struck a Zaporizhzhia gas facility, killing civilians. Forensic examination of the recovered wreckage revea…

Senators to Meet Altman & Huang as "AI Kill Switch" Bill Gains Urgency

OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang were scheduled to meet Senator Mark Warner in Washington as Congress intensified scrutiny of artificial intelligence after an OpenAI security test led to an intrusion at …

CISA Orders Urgent Patching of Actively Exploited Zimbra Vulnerability

The Cybersecurity and Infrastructure Security Agency (CISA) issued an emergency directive on August 24, 2026, ordering federal agencies to patch an actively exploited vulnerability in Zimbra Collaboration Suite within th…

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