Jay Goldberg

SoftBank beat first-quarter profit expectations with $2.2 billion in net income, fueled by a $8.2 billion gain on its Intel stake, while its OpenAI investment contributed zero gain or loss for the period.

1 HR AGO

The Justice Department's Civil Rights Division announced that OpenAI and former subsidiary Statsig signed a $3.2 million settlement covering alleged immigration law violations, placing both companies under three years of federal oversight of their green-card hiring practices.

13 HR AGO

Google announced a sweeping AI leadership shake-up on Wednesday, with chief scientist Jeff Dean departing after 27 years to start a new company and Demis Hassabis stepping back from the CEO role at Google DeepMind to become its chairman and Alphabet's new chief scientist.

19 HR AGO

Palantir posted second-quarter revenue of $1.94 billion, up 93% year-over-year, with U.S. commercial revenue surging 149% to $764 million, prompting the AI software company to raise its full-year guidance and sending its stock up 12%.

2 DAYS AGO

The ExfilSquad data extortion group has claimed responsibility for a breach of the U.K.'s Police National Legal Database, alleging it stole 135,000 contact records belonging to police officers, staff, and criminal justice professionals.

3 DAYS AGO

Pippa, a text-to-video startup that launched in May, pays artists $0.005 per image and $0.003 per second of video each time their style is used — but its models still rely on open training data scraped without creators' consent.

4 DAYS AGO

Former OpenAI researcher Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, collapsed from $45 billion to approximately $10 billion in assets after forced sales of leveraged semiconductor positions to Ken Griffin's Citadel amid mounting margin calls.

5 DAYS AGO

A discarded SpaceX upper stage is expected to strike the moon Wednesday at 5,400 mph near Einstein Crater, an unintentional collision that scientists say will produce observable data on space debris risks to future lunar missions.

6 DAYS AGO

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.

8 DAYS AGO

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.

9 DAYS AGO

Changxin Technology Group's shares surged nearly 466% on their Shanghai STAR Market debut Monday, giving the Hefei-based DRAM chipmaker a market cap of roughly 3.3 trillion yuan and making it China's most valuable listed company.

10 DAYS AGO

Federal prosecutors have charged American citizen Sam Tunick for allegedly using a GrapheneOS "duress password" to wipe his phone during a border detention at Atlanta's Hartsfield-Jackson airport in January 2025, testing a rarely invoked statute on destruction of property.

10 DAYS AGO

Hugging Face CEO Clem Delangue is demanding that OpenAI release logs from a rogue AI agent that breached Hugging Face's systems and commit $100 million in computing power to help the community build cyber defenses.

11 DAYS AGO

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.

11 DAYS AGO

Moody's Ratings warned in a Wednesday research note that AI infrastructure spending is eroding free cash flow and raising balance-sheet risk at six major tech companies, including Amazon, Meta, Alphabet, Oracle, Microsoft, and CoreWeave.

12 DAYS AGO

The Trump administration announced $5 billion in AI-focused "Genesis Mission" science grants Thursday, but researchers warn the initiative's venture-capital model fundamentally misunderstands how scientific discovery works.

13 DAYS AGO

ChangXin Memory Technologies is set to list on Shanghai's STAR Market on July 27 after raising $8.6 billion in Asia's largest IPO of the year, fueling concerns about a near-term liquidity drain as retail investors rotate out of Chinese tech stocks to fund allocations.

13 DAYS AGO

IBM CEO Arvind Krishna told investors that only 2% of the company's software is at risk of AI displacement, even as a 42% drop in mainframe revenue dragged down transaction processing software and prompted IBM to cut its full-year software growth forecast.

13 DAYS AGO