Intel posts its fastest revenue growth in 15 years as AI data-center demand lifts sales
Intel's second-quarter results blew past estimates, and the chipmaker is boosting spending on the AI boom.
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Category: AI Investment & Business
Venture capital, AI startup funding, industry trends, and business implications
Polymarket traders are now 100% certain LeBron James is headed to the 76ers
The NBA's most-watched prediction market has pinned LeBron James's next team at the Philadelphia 76ers with total conviction.
Polymarket traders price a 77% chance the Fed holds rates steady in July
With the July decision days away, prediction-market traders are overwhelmingly betting the Federal Reserve leaves rates unchanged.
Trump Touts 200-Firm Datacenter Cost Pledge—Critics Call It Paper-Thin
About 200 entities signed Trump's non-binding pledge to shield ratepayers from AI datacenter costs; critics call it paper-thin as electricity bills climb.
Intel posts fastest growth since 2011 as data center revenue jumps 59% on AI demand
Intel posted its fastest growth since 2011 as data center revenue jumped 59% on AI demand — and shares are up more than 170% in 2026.
Tesla and Alphabet plunge as AI spending fears wipe out ~$500 billion
Tesla and Alphabet plunged after signaling higher AI spending, erasing ~$500 billion and rattling the bonds of the biggest tech borrowers.
Stripe in talks to buy AI model marketplace OpenRouter for around $10 billion
Stripe is in talks to buy AI model marketplace OpenRouter for around $10 billion — roughly 8x its May valuation, The Wall Street Journal reports.
Thermo Fisher Raises Full-Year Guidance After Strong Quarter
Life-sciences tools giant Thermo Fisher Scientific posted a quarter that suggests the post-pandemic research slump is finally ending. The Waltham, Massachusetts-based company reported second-quarter…
Microsoft replaces OpenAI’s image models with its own MAI tech in PowerPoint and Bing
Microsoft is swapping OpenAI's image models for its own MAI tech in PowerPoint and Bing, with model chief Suleyman citing an 85% cost cut.
Alphabet Locked In $811 Billion of Future Spending on AI Infrastructure
Alphabet’s balance sheet now carries $811 billion in contracted future spending commitments, a number that should startle even the most bullish Google investors. The…