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Jack Dorsey's payments company eliminated 4,000 jobs—nearly half its staff—attributing the cuts directly to AI productivity gains and predicting most companies will follow within a year.
Bill Gates' Breakthrough Energy has shut down new investments from its Catalyst project-finance fund, compounding pressure on climate startups already losing federal support under the Trump administration.
The Austin startup closes a $520M Series A extension backed by Google, Mercedes-Benz, and John Deere, bringing its war chest to $935M as it races to commercialize Apollo humanoid robots while China commands 90 percent of global shipments.
Britain closes a legal loophole to bring AI chatbots under the Online Safety Act after Grok's non-consensual image scandal, with penalties reaching 10% of global revenue and a broader consultation on banning social media for under-16s.
Samsung begins commercial HBM4 shipments with 3 TB/s bandwidth per stack, gaining a timing edge over SK Hynix as memory becomes the critical bottleneck in AI infrastructure.
Meta begins construction on a 1-gigawatt data center campus in Lebanon, Indiana, part of a broader AI infrastructure arms race that will see the four largest tech companies spend upwards of $650 billion in 2026.
Google's parent launches a historic multi-currency debt offering, including the first century bond from a tech company since the dot-com era, to fund up to $185 billion in AI infrastructure spending.
Reno-based Positron AI has raised $230 million at a $1B+ valuation, claiming its Atlas chip matches Nvidia's H100 inference performance at one-third the power while its next-gen Asimov silicon promises six times the memory of Nvidia's Rubin.