The U.S. added Alibaba, Baidu, and BYD to the Pentagon Chinese military company list, citing ties to China's military modernization and defense industrial base.
Applied Digital signs a $5.2 billion AI data center lease for its Delta Forge 2 site, securing a 15-year revenue stream from a major U.S. hyperscaler.
US data center electricity demand is rising as AI spending hits $725 billion for 2026. Learn how power permits and utility costs impact the tech sector.
OpenAI proposes a new OpenAI AI safety framework, splitting from White House voluntary vetting plans to focus on technical oversight and partnerships.
Databricks is discussing a new funding round targeting a $175 billion Databricks valuation, supported by industrial AI agents and enterprise data growth.
OpenAI and Anthropic IPOs are officially in motion as both AI leaders file confidentially for public listings, signaling a major shift in the tech sector.
The European Commission's Cloud and AI Development Act aims to triple EU data center capacity and establish new security standards for public sector procurement.
Oracle AI restructuring will result in 30,000 job cuts by 2026 as the company shifts capital toward AI infrastructure and cloud data centers.
PhysicsX raises $300M Series C to scale Large Physics Models, aiming to replace traditional engineering simulations in aerospace and automotive sectors.
DeepSeek funding nears a record $7.4 billion led by Tencent and CATL to scale open-source AGI for industrial use. Read the strategic analysis on Bytevyte.
SAP unveils its AI-Native North Star Architecture, a new framework integrating autonomous agents into core software to power the autonomous enterprise.
Hugging Face, Nvidia, and Meta form a governance committee for the OpenEnv agentic framework to standardize AI agent interactions with digital environments.
NVIDIA and the UK government announce a £2 billion investment to boost sovereign AI infrastructure, including the Isambard-AI supercomputer and startup funding.
Apple Intelligence expands with third-party model support as John Ternus becomes CEO and Tim Cook moves to Executive Chairman at WWDC 2026.
Artificial intelligence is the leading cause of U.S. job cuts in 2026, accounting for 40% of layoffs in May as automation adoption accelerates.
