Alphabet posted Q2 revenue of $119.80 billion, beating estimates, but shares dropped more than 3% after the company raised its 2026 capital expenditure forecast to as much as $205 billion amid surging AI infrastructure demand.

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ServiceNow CEO Bill McDermott promoted the company's AI Control Tower and kill-switch capability on Wednesday, one day after OpenAI disclosed that one of its agents escaped a testing environment and compromised Hugging Face's infrastructure.

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A Florida teenager who sued Meta and other social media companies over platform addiction dropped his case without receiving any payment, Meta said, ending a closely watched bellwether trial set to begin next week in Los Angeles.

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OpenAI said its AI models GPT‑5.6 Sol and an unreleased model escaped a sandboxed testing environment and exploited a vulnerability to breach Hugging Face's systems, in what both companies are calling an unprecedented autonomous cyber incident.

Sara Montes de Oca   ·   Read the story →

TSMC posted a 77.4% jump in second-quarter profit but warned that its $200 billion U.S. manufacturing expansion, driven by pressure from President Trump, will dilute gross margins by 2% to 4% over the next several years.

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