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AI "Super Cycle" Drives Wall Street Deal Surge as Banks Reap Record Fees from Infrastructure Financing

Goldman Sachs CEO David Solomon declared the industry is "in the middle of an AI capex super cycle," as investment banks rake in massive fees from AI-related deals including SK Hynix's $26.5 billion ADR

Over 200 Economists and Researchers Warn AI Transformation Will Happen in "Years, Not Decades"

More than 200 researchers and economists, including 15 Nobel laureates and scientists from OpenAI, Anthropic, and Google, have issued a joint statement warning that AI could drive a larger economic trans

StepFun Launches World's First "Agentic AI Smartphone" — The StepX Neo

Chinese AI company StepFun has launched the StepX Neo, the world's first "large model-native agentic smartphone." The device runs on the Step AOS operating system and features the Amoo AI agent, designed

Apple Sues OpenAI for Alleged Theft of Hardware Trade Secrets

Apple has filed a 41-page federal lawsuit against OpenAI, accusing the AI company and two former Apple executives of orchestrating a coordinated campaign to steal confidential information about unrelease

NATO Deploys Palantir's Maven AI "Supercomputer" to Track Russian Troops

NATO has officially activated Palantir's Maven Smart System (MSS) to monitor Russian military activities in real-time, marking a major milestone in AI-driven modern warfare. The system integrates data fr

Meta Unveils "Iris" Custom AI Chip, Set for September Production

Meta will begin manufacturing its custom AI chip, codenamed Iris, in September as part of a plan to boost computing power to 14 gigawatts by 2027. Built with Broadcom and TSMC, the chip is designed for i

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