CoreWeave looks to Wall Street to hedge memory chips, an asset with no market
CoreWeave looks to Wall Street to hedge memory chips, an asset with no market

Memory chips have roughly doubled in price this year, a squeeze that has emptied Apple’s shelves and rewritten data centre budgets. CoreWeave is now working out what to do if they get cheaper. The AI cloud company is exploring financial derivatives as …

Delaware wants to give AI agents their own legal identity
Delaware wants to give AI agents their own legal identity

Delaware wants to give AI agents something no one has offered them before: a legal identity of their own. The proposed Delaware AIC would let an autonomous system run a company, sign contracts, and face lawsuits in its own name, all inside a supervised…

Anthropic commits $10 million to Canadian AI research across eight institutions
Anthropic commits $10 million to Canadian AI research across eight institutions

Anthropic is committing $10 million CAD to eight Canadian research institutions to fund work on beneficial and responsible AI applications. The partnerships span Canada’s three leading regional AI institutes, Amii in Edmonton, Mila in Montréal, and the…

Grok Build was uploading entire Git repositories to xAI’s cloud, including committed secrets
Grok Build was uploading entire Git repositories to xAI’s cloud, including committed secrets

A security researcher published a wire-level analysis on July 12 proving that xAI’s Grok Build coding CLI was packaging developers’ entire tracked repositories, including full Git history, committed secrets, and API keys, and sending them to a Google C…

US gov’t allows Chinese telecom giant ZTE to purchase Nvidia H200 AI chips — firm joins Alibaba, Tencent, and ByteDance in access to Hopper tech

The United States has licensed Chinese telecom giant ZTE to purchase restricted Nvidia H200 AI chips, but Chinese regulators and domestic procurement initiatives may limit the material impact of the change.

Spotify’s new conversational AI can play tracks you request and answer your music questions

Spotify is rolling out a conversational AI feature that can play requested tracks, answer music questions, and refine selections through follow-up prompts.

Gemini can make sense of the world around you, but don’t let it observe your children just yet

Researchers tested Gemini 2.5 Pro on parent-child interaction videos and found AI is reliable at observation but falls short when making expert-level judgments about child communication.

Meta sued by 26 employees who say its AI systems targeted workers on medical leave for layoffs
Meta sued by 26 employees who say its AI systems targeted workers on medical leave for layoffs

Twenty-six current and former Meta employees have filed a federal lawsuit accusing the company of using AI-powered systems that disproportionately targeted workers with disabilities or who had taken medical leave when selecting people for mass layoffs….

IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings
IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings

IBM issued preliminary second-quarter results on Monday showing revenue of roughly $17 billion, up one percent year over year but well below the $18 billion that analysts had expected. Shares fell as much as 17 percent in premarket trading, erasing wee…

Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity
Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity

Kalshi, the prediction markets exchange, has built a forward curve that tracks the future price of computing power, joining a growing list of exchanges and index operators trying to turn GPU rental costs into a standardised financial instrument. The to…