Business

  • Baidu Q2 revenue slips 4% as ad decline outruns AI cloud gains

  • Wispr takes $280 million at a $2 billion valuation to move past dictation

  • HIVE’s BUZZ signs $350 million AI cloud deal, eyes $500,000 daily revenue

  • AI boom meets its leverage problem after 67% fund collapse

  • Anthropic’s $1T IPO could depend on revenue it hasn’t made yet

  • Trump invites crypto and prediction market CEOs to the White House to discuss regulations

  • Nvidia discloses 122.8 million SpaceX shares worth $21 billion in surprise filing

  • Reddit joins S&P 500, forcing index funds to buy 16.7 million shares

  • NJ dealer sues Polestar for $25 million, calls US exit a staged ban

  • JPMorgan cuts Polymarket ties after Dimon floated prediction bets

  • Databricks raises $5 billion, pushing valuation to $190 billion

  • Cerebras stock drops after guidance raise as hardware sales shrink

  • Is BitGo’s $4.3B quarter a sign of an institutional crypto boom?

  • Asia turns into testing ground for stablecoin payment rails

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  • Bank of America commits $250 billion to US infrastructure, data centers included 

  • Lovable raises $400M at $13.3B, with the EU now on its cap table

  • Goldman Sachs to buy options-income ETF firm NEOS for up to $2.25 billion

  • AI infrastructure stocks jump as CoreWeave, Supermicro beat forecasts

  • Tencent revenue climbs 11% in Q2 as AI capex jumps 176%

  • Foxconn Q2 profit rises 35% to NT$59.97 billion on Nvidia AI server demand

  • Bitwise cuts 14% of staff six months after buying Chorus One’s 50 engineers

  • Intel’s $20B raise reveals the hidden cost of the AI boom