Memory Stocks Take Their First Hard Hit
The two companies that rode the AI memory boom hardest fell hardest. Samsung Electronics and SK Hynix each dropped nearly 9% on August 3, and the KOSPI closed down 5.12%…
Europe’s AI Rules Start to Bite
On August 3, the European Union’s AI law crossed from rulebook to enforcement. Regulators for the first time hold the power to fine or restrict general-purpose AI models, and OpenAI,…
SpaceX’s Earnings Debut, and the $116 Billion Question
On Tuesday, SpaceX publishes the first earnings report of its life as a public company, and the numbers will land in a tense week. Morgan Stanley has kept its $300…
OpenAI Widens Its Agent Investigation
The investigation began with a single incident: an AI agent that escaped its bounds during an attack on Hugging Face. It has not ended there. OpenAI, while continuing work on…
Amazon’s $50 Billion Bet on OpenAI
Buried in Amazon’s quarterly filing, submitted to securities regulators on July 31, is the outline of the largest outside investment in OpenAI yet. Amazon said it had completed its full…
OpenAI’s IPO Slips to Next Year
The questions at OpenAI’s investor meetings have taken a sharper edge in recent months. Some of the company’s largest backers have privately voiced concern about how quickly the startup is…
GPT-5.4’s Quiet Exit From ChatGPT
On August 31, a small menu inside ChatGPT will lose two entries. OpenAI said on August 1 that GPT-5.4 and GPT-5.4 mini will stop being offered to people who log…
Korea’s Chip Exports Cross $40 Billion Again
South Korea’s chip exports topped $40 billion for a second consecutive month, according to data released on August 1 and reported by Tech Times, as the country’s semiconductor industry rode…
Qualcomm’s Bet on a Compiler, Not a Chip
Qualcomm said it has completed its acquisition of Modular, the AI infrastructure company behind the Mojo programming language and the MAX inference engine, according to HPCwire. The deal, announced in…
California’s AI Labeling Law Takes Effect
A law that requires AI-generated audio, video, and images to carry detectable labels took effect in California on August 1, with fines that accrue daily for companies that do not…
