Journal archive, page 6

Palantir's Q2 revenue rose 93% to $1.94B, with US commercial revenue up 149% and $6.24B in new backlog, undercutting fears that enterprise AI spending was cooling.

A federal appeals court ruled it's the user, not the AI tool, who accesses a website under the CFAA, clearing legal fog for founders building agentic shopping and browsing products.

A 25-year-old founder's photonic chip startup tripled its valuation in six months, backed by Arm and Reed Hastings, by promising to route AI compute around the global HBM memory shortage.

Sequoia led a $1B round for Valar Atomics at a $6B valuation, tripling its price in four months after its microreactor became the first to directly power an Nvidia AI chip.

Autodesk closed a $3.575 billion all-cash deal for maintenance software startup MaintainX today, its biggest acquisition ever and a premium exit above its last private valuation.

Simile raised $200M at a $2B valuation, just five months after a $100M Series A, betting AI can simulate real customers before you ever build for them.

The CLARITY Act cleared the House and a Senate committee, but Polymarket now gives it just a 37% chance of passing before the Senate's August recess.

Article 50 of the EU AI Act took effect today, requiring every chatbot to disclose it's AI, with fines up to €15 million. Here's what it means for US SaaS founders.

OpenAI slashed GPT-5.6 Luna pricing 80% and Terra pricing 20%, days after Google cut Gemini prices too. Here's what the AI price war means for your COGS.

The Fed held rates at 3.50%-3.75%, but three officials dissented for a hike, the most divided vote since 2016, while the Nasdaq 100 sank 10% into its second correction of the year.

Apple's revenue grew 16% to $109.4B and profit jumped 27%, but shares fell 7% after Apple blamed an AI-driven memory shortage for weak margin guidance.

Amazon's Q2 net income tripled to $62.6 billion, but $53.4 billion came from its Anthropic stake, not operations. AWS grew 37% and capex jumped to $220 billion.

Meta's Q2 revenue rose 28% to $60.8B, beating estimates, but EPS missed by 14% and free cash flow collapsed from $8.5B to $784M as 2026 AI capex guidance hit $145B.

Microsoft's Q4 earnings show a $3.2 billion gain on its Anthropic stake and a $600 million markdown on OpenAI, the clearest real-time read yet on how markets price the two AI labs.

Nvidia and 37 partners launched the Open Secure AI Alliance days after OpenAI's own AI model breached Hugging Face's production systems. OpenAI, Google and Anthropic are notably absent.

Apple's stock closed at a record $339.57 Monday, pushing its market cap to $5 trillion and knocking Nvidia off the top spot. The AI capex trade just cracked.

Apple launched Apple Upgrade on July 28, leasing iPhones from $17.99 a month via Klarna and killing its own financing plans, a subscription pivot with a hidden credit-risk transfer.

Nvidia is reportedly negotiating a $250 billion guarantee for OpenAI's 10-gigawatt Ohio data center campus, a deal that would rank among the largest financing packages ever struck in tech.

A Shanghai firm tied to Huawei began limited production of homegrown DUV lithography tools, and ASML stock dropped 4.6% on the report. Export controls may be backfiring.

Nvidia and SK Group signed letters of intent worth over $500 billion for AI factories and next-gen HBM4 memory, locking up the resource actually constraining AI infrastructure growth.

CXMT priced an $8.6 billion Shanghai listing at an $85 billion valuation, oversubscribed 570 times, ahead of its July 27 debut as the world's fourth-largest DRAM maker.

Intel's Q2 revenue jumped 25% to $16.1B on a 59% AI datacenter surge, its fastest growth since 2011, a sign AI infrastructure demand is still very real.

25 companies and nearly 200 startups sent Washington letters defending open-weight AI models on July 24. OpenAI, Anthropic and Google signed neither one.

Stripe is reportedly in talks to buy AI model marketplace OpenRouter for about $10 billion, up from a $1.3 billion valuation set two months earlier.