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Oracle Plans New Round of Layoffs in August to Fund AI Infrastructure Spending
Oracle is preparing another round of job cuts in August 2026, aiming to reduce payroll ahead of the September 1…
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Students From All 50 States Draft National Framework for AI Use in K-12 Schools
Students representing all 50 states developed the “STUDENTS FIRST Act of 2026,” a national framework for responsible AI use in…
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Google Unveils Pixel 11 Lineup With Deeper Gemini AI Integration
Google introduced the Pixel 11, Pixel 11 Pro, Pixel 11 Pro XL and Pixel 11 Pro Fold at its Made…
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General Catalyst Leads $1.1 Billion Round Into 2-Month-Old River AI
River AI, a startup founded by former xAI co-founder Igor Babuschkin, secured $1.1 billion in combined seed and Series A…
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Munich Court Rules Against AI Music Generator Suno in GEMA Copyright Case
The Munich Regional Court ruled on August 5, 2026, that AI music generator Suno infringed copyright by using musical works…
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ByteDance Launches Seedance 2.5, a 30-Second Video-Generation Model
ByteDance has unveiled Seedance 2.5, its latest video-generation model, capable of producing a 30-second high-quality video clip in a single…
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xAI Launches Grok Bot, Always-On AI Agents With Their Own Cloud Computers
xAI introduced Grok Bot on August 11, 2026, an AI agent product that operates autonomously on its own cloud computer…
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ServiceNow Cuts Jobs Again as It Restructures Around AI
ServiceNow has carried out a second round of global layoffs in 2026, following earlier job cuts that affected hundreds of…
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Nvidia Partners With Wall Street Giants to Mobilize Over $500 Billion in AI Compute Financing
Nvidia announced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish independent compute financing platforms designed…
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Microsoft Filing Shows OpenAI Accounts for About 70% of Its AI Revenue
A Microsoft filing shows the company booked $24.1 billion in revenue from OpenAI during the fiscal year ending in June,…
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Anthropic, Macquarie and GIC Form Theseus Infrastructure to Build AI Data Centers
Anthropic has partnered with investment firms Macquarie Asset Management and GIC to establish Theseus Infrastructure, a venture focused on developing…
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Anthropic to Watermark Claude’s AI-Generated Text and Files Worldwide
Anthropic announced plans to embed imperceptible watermarks in text generated by its Claude models in order to comply with EU…