Stay up to date with the latest developments in artificial intelligence.
Cloud Capital closed a $520 million data center asset backed securities issuance through its new ABS Master Trust, secured by an 80 MW hyperscale data center in Northern Virginia.
Equinix reported $2.625 billion in second quarter 2026 revenue, up 16% from a year earlier, and raised its full year guidance and long term outlook.
Meta reported second quarter revenue of $60.8 billion, up 28 percent from a year earlier, while net income fell 14 percent as costs and capital spending rose.
OpenAI is launching ChatGPT for Academic Researchers, a program that gives 100,000 researchers free access to its frontier models through 2027.
Agon has launched with $30 million in funding to build virtual battlefields for training AI powered autonomous weapons systems.
Anthropic says Claude Mythos Preview found new mathematical attacks against HAWK and a seven round AES research variant. The company says the results do not affect current production encryption systems.
Freehand raised a $75 million Series B to expand autonomous AI agents for supply chain spend and back office operations. Battery Ventures and NewRoad Capital Partners co led the round, bringing total funding to $100 million.
Legora has acquired London legal AI startup Wexler, adding fact intelligence tools for litigation and investigations to its platform. The deal terms were not disclosed.
The U.S. Department of Energy announced a more than $100 billion private investment to build an AI data center campus at the former Paducah Gaseous Diffusion Plant in Kentucky, with Brookfield developing the campus and NextEra Energy building power infrastructure.
Geotab will provide telematics and AI camera systems for the New Hampshire Department of Transportation statewide fleet. The deployment includes engine diagnostics, vehicle tracking, automated maintenance monitoring, and camera setups for safety patrol and winter operations vehicles.
CleanCore Solutions has signed a 10 year colocation agreement with Cerebras Systems for an AI data center campus in Minnesota. The project is expected to generate about $800 million in contract value over the initial term.
Eolian has started construction on Flint Grid, a 200 MW, 1.06 GWh battery energy storage project near Columbus, Ohio, to support data center and industrial power demand.
Marble Collective launched an AI platform that builds searchable profiles and media portfolios for women leaders. The platform tracks articles, podcasts, videos, books, events, and press coverage tied to each member.
Agerpoint received a Meta AI Glasses Impact Grant to build wearable tools that let agricultural workers log field data with voice commands and receive real time feedback. Initial pilots will focus on California grapes, berries, and tree fruit.
Ebix introduced the A.D.A.M. Medical Coding Platform for healthcare organizations and content partners, along with new automated workflows for health education content.
Ultima Genomics and BaseClear announced that BaseClear has adopted Ultima's UG200 Platform and will offer sequencing services in Europe and globally. BaseClear is the first Ultima Certified Service Provider in Europe.
Pusan National University researchers introduced SIT, an AI model for portfolio allocation, and a framework for testing the reliability of financial AI systems under real world conditions.
Bloomberg has agreed to acquire Canoe Intelligence, an AI powered data management platform that automates private markets data collection and delivery.
Bestow has announced Bestow Labs, a team focused on AI native products for life and annuity insurance carriers. The company also expanded its platform support across term, whole life, and indexed universal life products.
NBS says Heron has cut underwriting time by about half and helped underwriters review 25% to 40% more submissions each day.
Daily report covering major AI developments and industry news, with both top stories and complete market updates
