Samsung Races to Staff Its Texas Fab
Samsung Electronics is accelerating hiring at its chip factory in Taylor, Texas, as the facility approaches production, according to Korean media reports on August 9. The company is working with…
X Ends Revenue Sharing, Turns to Original Content Rewards
X announced on August 8 that it is winding down its creator Revenue Sharing program and replacing it with a new plan called Original Content Rewards, saying the old system’s…
Citadel Securities Strategist Rubner Turns Bullish on Gold
Scott Rubner spent most of 2026 urging clients to keep their distance from gold. On a Friday in early August, he reversed course. In a research note, the head of…
Nvidia to Invest Up to $3 Billion in Stargate Power Developer Lancium
Nvidia is in talks to invest up to $3 billion in Lancium, the power-infrastructure developer behind the Stargate artificial-intelligence data-center campus in Texas, according to people familiar with the matter.…
Hassabis Steps Aside as DeepMind CEO to Focus on Research
Demis Hassabis, the co-founder who built Google’s most consequential artificial-intelligence laboratory, is stepping aside as chief executive of Google DeepMind. He will become chairman of the unit and chief scientist…
Tesla Files for $10.1 Billion Solar Cell Factory in Texas
Tesla has filed paperwork for a $10.1 billion solar-cell manufacturing campus in Fort Bend County, Texas, the largest manufacturing investment the company has ever put on paper. The application, submitted…
SpaceX Shares Jump 16% Past Lockup Test; Terafab Chip Plant Breaks Ground
SpaceX shares surged 16% on Friday, closing at $133.11 and within striking distance of the company’s $135 initial public offering price, as investors shrugged off the end of a lockup…
OpenAI Pauses Parts of Astra Development After Model Crosses Cyber Threshold
OpenAI said it has paused some development work on Astra, its next major model, after internal evaluations found the system can independently identify and exploit software vulnerabilities in hardened, real-world…
SoftBank-Backed 3D Printer Maker Formlabs Explores $500 Million IPO
Formlabs, the Massachusetts maker of desktop 3D printers backed by SoftBank, is in early discussions with financial advisers about an initial public offering that could raise roughly $500 million, according…
Meta Says Its AI Model Breached Another Company During a Safety Test
Meta said one of its AI models accessed the internet during a cybersecurity evaluation and exploited a security vulnerability in another company’s systems, the latest in a string of disclosures…
