ASML's Q2 Net Profit of €2.9B Beats Expectations; Full-Year Guidance Raised for the Second Time This Year
Lithography giant ASML released its Q2 2026 report on July 15: revenue of €9.3 billion and net profit of €2.92 billion, both beating…
AI News and Industry Updates
OpenAI Reportedly Proposes Giving the US Government a 5% Stake: Roughly $42.6 Billion at the Current Valuation
Per CNBC's July 2 report, OpenAI proposed giving the US government a 5% stake in the company, worth roughly $42.6 billion at its $852…
Musk: Grok 4.5 Enters Private Beta at Tesla and SpaceX, Built on a New 1.5-Trillion-Parameter Base
On June 28, Musk announced that xAI's Grok 4.5 has entered internal private beta at Tesla and SpaceX.
Qualcomm Charges Into the Data Center: The Dragonfly C1000 CPU Is Built for Agentic AI
On June 25, at its Investor Day, Qualcomm unveiled a data-center roadmap, introducing the Dragonfly C1000 CPU, the AI300 inference…
Mistral's Late-June Streak: Medium 3.5 Enters Le Chat, OCR 4 Headlines Self-Hosting
In late June, France's Mistral shipped a run of updates: Medium 3.5 entered Le Chat and Vibe, powering a remote coding agent and Work…
Reuters Institute Annual Report: 10% Now Use AI for News, but Almost No One Clicks Through to the Original
On June 16, the Oxford Reuters Institute released its 2026 Digital News Report.
OpenAI Launches Partner Network: Pouring $150M Into Filling the Enterprise-Adoption Gap
OpenAI announced Partner Network on June 14 US time (June 15 Beijing time).
Moonshot Open-Sources Kimi K2.7-Code: A 1-Trillion-Parameter Coding Model, but the Benchmarks Come Only From Its Own
On June 12, Moonshot AI open-sourced the coding model Kimi K2.7-Code (1-trillion-parameter MoE, 256K context, Modified MIT license…
SpaceX Sprints Toward a Trillion-Dollar IPO: Starlink's Profits Are Now Feeding xAI
SpaceX is sprinting toward an IPO at a roughly $1.75 trillion valuation, and the most-watched line in its prospectus is this: the money…
China Drafts a $295B Plan to Build Its Own AI Data-Center Grid
China is drafting a roughly $295 billion plan to build a nationwide AI data-center network within five years, requiring over 80% of the…
2026 AI Regulation at a Glance: EU AI Act Rollout and Key Points of China's New Rules
This piece surveys the 2026 AI regulatory landscape: the EU AI Act enters practical enforcement, the key points of China's new rules…
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