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Researchers have copied massive quantities of publicly-available climate and environmental data from NASA onto a Swiss supercomputer to train artificial intelligence models and for safekeeping amid US funding cuts. Switzerland's Federal Institute of Technology Zurich (ETH) university announced the move late last week, saying its researchers had copied around 100 petabytes of NASA data to the Swiss National Supercomputing Centre (CSCS) in the southern city of Lugano. View the full article

The ⁠Alphabet-owned company expects the new chip, informally dubbed "Frozen v2," to ​help address an AI computing capacity crunch that has fueled internal ​tensions and prompted Google Cloud to decline deals with outside customers, the report said. View the full article

Chipmaker shares are experiencing significant price swings on Wall Street this month. Investors anticipate these companies will drive much of the S&P 500's profit growth. Recent earnings reports have shown strong results but market reactions have been mixed. Concerns about artificial intelligence demand sustainability are fueling investor reassessment of the sector. Leveraged exchange-traded funds are also contributing to the increased market volatility. View the full article

The Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and Anthropic PBC at a fraction of the cost. As investors drew comparisons with last year’s “DeepSeek moment,” IG market analyst Tony Sycamore said $314 billion has been wiped from the company’s valuation estimates for the two unlisted US firms. View the full article

Bristol Myers Squibb is buying Nvidia's latest AI computing system. This new system will support artificial intelligence in drug discovery and development. The company expects to cycle through many more potential drug candidates faster. AI tools are already cutting drug testing times by twenty to thirty percent. This investment drives rapidly growing computing demands across their research organization. View the full article

British startup CuspAI secured four hundred fifty million dollars from investors. This funding will advance its mission to discover new materials for key industries. The company also launched AI Materials Foundry, a coalition of over forty-five firms. Nvidia and Meta are among the partners joining this significant collaboration. CuspAI's platform aims to accelerate progress in semiconductors and clean energy. View the full article

Hut 8 signed a second 15-year lease worth $9.8 billion. This agreement fully commercialises their 1-gigawatt Beacon Point campus in Texas. The deal doubles the unnamed tenant's total contracted footprint at the site. Hut 8's total contracted AI data centre capacity now stands at 949 MW. The company expects to deliver the first Phase 2 data hall in 2028. View the full article

SK Group Chairman Chey Tae-won warned that the global shortage of artificial intelligence memory chips could escalate into a geopolitical issue, predicting that memory demand will far outpace supply through 2027 despite aggressive capacity expansion efforts. View the full article

Samsung Electronics and SK hynix pushed to commercialise a new class of memory as artificial intelligence outgrew high-bandwidth memory alone, according to a news report by The Korea Herald. View the full article

Karnataka's Cabinet approved the Agritech Mission-2026 and the recruitment of fifteen thousand teachers. Welfare initiatives for backward classes and nomadic communities received cabinet approval. The government also sanctioned new medical infrastructure and development projects. The Cabinet ratified the Governor's suspension of the KPSC Chairman Shivashankarappa S Sahukar. Preparations are complete for the Bharat Jodo programme's inauguration on August twentieth. View the full article

Blackstone has invested in Futronic, a South Korean supplier of high-precision actuators serving ​automotive and industrial robotics sectors. The deal values the company at approximately 1 trillion won ($676.04 million). Futronic's founder Jin-ho Ko will remain in his role as chairman and chief ‌executive officer and work with Blackstone to accelerate the ​company's global ​growth ⁠and end-market expansion. View the full article

After blowout second quarter earnings, investors and ​analysts are asking a once far-fetched question: could ASML become Europe's first ever trillion-dollar firm? View the full article

The survey of UK chief financial officers ​by accountancy firm Deloitte found 73% were optimistic about AI ​improving their businesses' performance, up from 59% at the end of last year and 39% ​two years ago. View the full article

That volatility, felt on dealing desks from Tokyo to New York, has not only wreaked havoc with portfolios - it has also dramatically distorted investors' views on fundamentals in South Korea, a market at the heart of the global AI boom. View the full article

In a social media post, Kimi AI stated the surge in demand over the last 48 hours has pushed the company's current capacity close to its limits. Hence, to ensure a stable experience for existing subscribers, new subscriptions have been temporarily paused. View the full article

China's Kimi K3 AI model is now challenging premium frontier models with its performance. It joins Meta's Muse Spark and Google's Antigravity in offering startup founders and engineers sufficiently good performance for routine programming tasks at much lower cost than earlier favourites Fable and GPT. View the full article

Alibaba has launched its new Qwen3.8-Max-Preview AI model with 2.4 trillion parameters. The preview version is available through Alibaba's Token Plan, Qoder, and QoderWork. To mark the launch, Alibaba is offering the model at 10% of the standard price. It is also offering an exclusive night-time rate with discounts of up to 98%. View the full article

Tech firms are developing AI agent smartphones that could revolutionize mobile use. These advanced phones aim to perform tasks using voice commands and AI. Major app companies are restricting access, which hinders the AI agent's functionality. Companies like Nubia, Honor, and StepFun are showcasing these new devices. Experts predict a fundamental change in digital economies and business models. View the full article

The National Testing Agency found one disputed NEET OMR sheet was AI-generated. Another OMR sheet submitted for scrutiny was discovered to have been tampered with. This follows allegations from students regarding discrepancies in their recorded responses and final scores. The NTA will pursue legal action against those submitting fake or manipulated OMR sheets. Around twenty lakh candidates appeared for the NEET examination this year. View the full article

Opponents of AI data center expansion plan nationwide protests this Saturday. HumansFirst is coordinating demonstrations in at least 125 locations across the United States. Protesters voice concerns about environmental impact and community autonomy. A recent poll indicated low public support for local data center construction. This coordinated national effort highlights growing public opposition to AI infrastructure. View the full article

Kimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting off fresh discussion over the China-US rivalry to dominate AI. The program was released Thursday and within hours hit the top spot on a widely watched ranking of AI coding tools called Arena, marking the first time a Chinese model had claimed the number one position on the list. View the full article

The plan comes just weeks after the ​Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $7.4 billion in June at a post-money valuation of about 450 billion yuan, the people said. Filings by two Chinese investors later suggested DeepSeek was valued at 350.88 billion yuan, or around $52 billion. View the full article

Under the new terms, Max and Team Premium subscribers will get Fable 5 built into their plans indefinitely, capped at 50% of their regular usage limits. Pro and Team Standard subscribers will not get the model included in their base plans, but will keep access through usage credits. The company is adding to that with a one-time $100 credit for affected users. View the full article

According to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms ​such as CoreWeave by selling computing capacity ⁠to AI ‌customers at lower prices. View the full article

The newest Kimi K3 model from Beijing-based startup Moonshot, run by a Pink Floyd-loving entrepreneur who earned his doctorate in Pittsburgh, appears to be catching up to the best versions of Anthropic's Claude and OpenAI's ChatGPT. View the full article