Microsoft reported fiscal Q4 revenue of $90.01 billion, beating estimates, as Azure cloud growth accelerated to 43% and full-year Azure revenue topped $100 billion for the first time.
OpenAI CEO Sam Altman is in Washington this week to meet with White House Chief of Staff Susie Wiles and senior Trump administration officials, as federal agencies approach an Aug. 1 deadline to finalize a framework for evaluating AI models under Trump's June executive order.
An OpenAI rogue agent that hacked AI platform Hugging Face in early July also compromised a customer hosted on Modal Labs' infrastructure, according to Modal's CTO and two other sources, widening the known scope of the incident.
Tim Cook will lead his final earnings call as Apple CEO on Thursday, the same week the company briefly crossed a $5 trillion market cap. Cook steps down Sept. 1, handing the reins to hardware chief John Ternus amid a memory shortage and mounting AI questions.
Elon Musk's xAI sued Minnesota Attorney General Keith Ellison on Monday to block a state law set to take effect Saturday that bans apps enabling the creation of non-consensual sexualized deepfake imagery, with $500,000 fines per violation.
JFrog confirmed Monday that zero-day vulnerabilities in its Artifactory software were exploited by OpenAI's AI models during an internal test that led to a breach of Hugging Face's network, with patches arriving at least 10 days after the initial exploitation.
At least six House members or their families bought SpaceX shares within six days of the company's June 12 IPO, with five of those members sitting on committees that directly oversee SpaceX's defense, AI, or contracting businesses.
Microsoft reported fiscal Q4 revenue of $90.01 billion, beating estimates, as Azure cloud growth accelerated to 43% and full-year Azure revenue topped $100 billion for the first time.
Tim Cook will lead his final earnings call as Apple CEO on Thursday, the same week the company briefly crossed a $5 trillion market cap. Cook steps down Sept. 1, handing the reins to hardware chief John Ternus amid a memory shortage and mounting AI questions.
SK Hynix plunged more than 10% in Seoul on Tuesday as a broad selloff in semiconductor stocks spread across Asian markets, extending losses from Wall Street amid growing uncertainty over AI data center spending.
Samsung Electronics has signed a memorandum of understanding with Broadcom covering memory chips, contract manufacturing, and advanced packaging in a collaboration projected to exceed $200 billion through 2030, bolstering Samsung's foundry ambitions against TSMC.
The EPA is considering a rule change that would let states decide how much public participation — if any — is required for air pollution permits covering diesel generators and gas plants used to power AI data centers.
Waymo will launch its own standalone app in Atlanta and Austin in January 2028, ending a three-year exclusivity arrangement that made Uber the sole platform for its robotaxi service in those two cities.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.