US Judge Approves Anthropic's $1.5 Billion Copyright Settlement — Landmark AI Legal Precedent
Posted on 21st Jul 2026 06:08:18 in Artificial Intelligence, Machine Learning
A federal judge in San Francisco has approved Anthropic's $1.5 billion copyright settlement with authors, the largest known payout in a US copyright case, setting a major legal precedent for AI training data disputes.
AI Chip Stocks Plunge: Semiconductor Sell-Off Signals Market Correction for the AI Industry
Posted on 20th Jul 2026 14:59:54 in Artificial Intelligence, Machine Learning
The semiconductor sector experienced a dramatic reversal in early July 2026 as AI chip stocks plunged amid mounting valuation concerns. Micron led the decline with a 13% drop, while Intel and AMD fell sharply in a broad market correction.
Apple Unseats Nvidia as World's Most Valuable Company as AI Investment Playbook Shifts
Posted on 18th Jul 2026 10:16:40 in Artificial Intelligence, Machine Learning
Apple reclaims title of world's most valuable company from Nvidia as Wall Street pivots from AI infrastructure to AI applications.
Oracle Cuts 30,000 Jobs to Fund $500 Billion Stargate AI Infrastructure Buildout
Posted on 18th Jul 2026 10:05:39 in Artificial Intelligence, Machine Learning
Oracle is eliminating up to 30,000 positions to redirect capital toward the $500 billion Stargate AI infrastructure partnership with OpenAI and SoftBank, marking the largest workforce reduction in company history.
Moonshot AI Drops Kimi K3: World's Largest Open-Source AI Model With 2.8 Trillion Parameters
Posted on 18th Jul 2026 09:43:27 in Artificial Intelligence, Machine Learning
Beijing-based Moonshot AI released Kimi K3, a 2.8-trillion-parameter open-source AI model that rivals GPT-5.6 and Claude Fable 5 on major benchmarks. The release sent shockwaves through global markets.