Trump administration’s deal is structured to prevent Intel from selling foundry unit

The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit. According to reporting from the Financial Times, at a Deutsche Bank conference on Thursday, Intel’s CFO David Zinsner shared new details about the company’s recent deal with the Trump administration, which gave the U.S. government … Read more

TransUnion says hackers stole 4.4 million customers’ personal information

Credit reporting giant TransUnion has disclosed a data breach affecting more than 4.4 million customers’ personal information. In a filing with Maine’s attorney general’s office on Thursday, TransUnion attributed the July 28 breach to unauthorized access of a third-party application storing customers’ personal data for its U.S. consumer support operations. TransUnion claimed “no credit information … Read more

Maisa AI gets $25M to fix enterprise AI’s 95% failure rate

A staggering 95% of generative AI pilots at companies are failing, according to a recent report published by MIT’s NANDA initiative. But rather than giving up on the technology altogether, the most advanced organizations are experimenting with agentic AI systems that can learn and be supervised. That’s where Maisa AI comes in. The year-old startup … Read more

Nvidia reports record sales as the AI boom continues

Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. Nvidia also saw its net … Read more

SpaceX notches major wins during tenth Starship test

SpaceX’s massive Starship rocket lifted off on its tenth test flight Tuesday evening, hitting two long sought milestones and putting an end to a string of failures. The 403-foot vehicle lifted off from Starbase, SpaceX’s launch facility and recently incorporated city, at 7:30 pm ET after two scrubs earlier in this week. The rocket ascended … Read more

Microsoft headquarters go into lockdown after activists take over Brad Smith’s office

Protesters stormed Microsoft’s Redmond headquarters on Monday and made it into president Brad Smith’s office in Building 34, forcing a temporary lockdown. The “No Azure for Apartheid” group reportedly live-streamed their sit-in on Twitch, hoisting banners, chanting ‘Brad Smith, you can’t hide, you’re supporting genocide!’ and posting a mock legal summons charging Smith with “crimes … Read more

Meta to spend tens of millions on pro-AI super PAC

Meta plans to launch a super PAC to support California candidates favoring a light-touch approach to AI regulation, Politico reports. The news comes as other Silicon Valley behemoths, like Andreessen Horowitz and OpenAI’s Greg Brockman, pledge $100 million for a new pro-AI super PAC.  Meta will pour tens of millions into its new group, dubbed … Read more