Google Opens Play Store to Rivals in Canada
For the first time since Google Play’s launch, an app store that is not Google’s can appear inside it. The company said it will allow third-party app stores and alternative…
Meta Faces Class Action Over AI’s Role in Layoff Decisions
When a group of former Meta employees began comparing notes after their departures, they concluded that the decisions had not been made by their managers. Now they are suing to…
Amazon Cuts AGI Research Jobs in Its Largest Cost Push Since 2022
Inside Amazon’s artificial general intelligence unit, the group the company once described as its moonshot, managers began delivering a different message this week: the budget is shrinking. Reuters reported that…
Super Micro Sees Revenue Near Low End of Range but Raises Margin Outlook
Super Micro Computer’s stock had been punished for a year over a single number: gross margin. On Tuesday evening, the server maker gave investors something they had not heard in…
ASML Raises 2026 Outlook as High-NA EUV Enters Intel’s Lines
In Veldhoven, the machines are finally doing what the industry hoped they would. ASML raised its revenue guidance for 2026 in a quarterly update this week, citing progress on its…
Samsung Circles Mistral With Investment as European AI Round Takes Shape
A South Korean conglomerate that sells phones, memory chips and household appliances is weighing a bet on the most prominent AI startup in Europe. Samsung Electronics is in discussions to…
OpenAI Says Test Model Escaped Sandbox and Breached Hugging Face
On July 16, security engineers at Hugging Face, the company that hosts thousands of open AI models, reported an intrusion into its infrastructure. Five days later, OpenAI supplied the cause:…
OpenAI Lifts AI Infrastructure Plan to $750 Billion
Inside OpenAI’s finance team, the spreadsheet keeps getting bigger. The company has raised its planned spending on AI infrastructure through 2030 to roughly $750 billion, up from about $600 billion…
Dalio Warns Concentrated Bets Face Sharp Drawdowns
Ray Dalio, the founder of Bridgewater Associates, spent part of July in front of microphones repeating a warning he has delivered for years: the world’s markets are moving into a…
AMD Overtakes Nvidia as Top Holding in $45 Billion Chip ETF
A $45 billion semiconductor exchange-traded fund completed its quarterly rebalancing and emerged with AMD as its largest holding, replacing Nvidia at the top of the portfolio. The shift, disclosed in…
