Marcus Holloway

From surprise Abba DLC to a wealth of classic Gothic announcements, here is every reveal from the THQ Nordic Showcase 2026.

The long-rumored device from OpenAI will enter the smart speaker market at a premium price, according to a new report.

The iPhone maker filed suit in Northern California on July 10, naming OpenAI, io Products, and two former Apple engineers in a case that could complicate ChatGPT integration and OpenAI's IPO path.

T-Mobile expanded its partnership while UScellular and Appalachian Wireless will route emergency and rural SMS traffic through Starlink satellites launching this fall.

The rocket company raised $75 billion at a $2.1 trillion private valuation just as Nvidia, Apple, and peers posted their steepest monthly decline since March 2025.

The post-IPO selloff erased more than $600 billion in market value, drawing scrutiny to valuations across the artificial intelligence trade.

The Federal Open Market Committee kept its benchmark unchanged while minutes highlighted diverging efficiency improvements between tech-intensive firms and labor-heavy services.

Fed Chair Kevin Warsh cites steady wage growth and moderating capital goods imports for the decision to keep interest rates unchanged.

Passive funds tracking global indices will trim exposure to the largest technology names over two quarterly rebalance windows starting in August.

Chair Ron Wyden sets an August 1 deadline for documentation on automated audit selection after reports of disproportionate scrutiny of gig-economy filers.

The three largest hyperscalers — Microsoft, Amazon, and Google — collectively invested $210 billion in AI compute infrastructure in the first quarter, with analyst consensus projecting the AI accelerator market to exceed $500 billion before year-end for the first time.

FactSet data shows that AI-related revenue contributed 62% of aggregate S&P 500 earnings per share growth in the first quarter, with the Magnificent Seven reporting a combined AI revenue of $347 billion — up 89% year-over-year.

Documents reviewed by Credence Wire show that OpenAI's annualized revenue crossed $4.2 billion in April, driven primarily by enterprise contract renewals at 94% gross retention and a 340% year-over-year increase in API usage from Fortune 500 companies.