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Artificial Intelligence

Moonshot AI Unveils 2.8-Scale Kimi Model to Rival OpenAI, Anthropic

China’s Moonshot AI announced the rollout of its Kimi K3 system, built on a 2.8-scale architecture that the company positions as a direct competitor to OpenAI and Anthropic. The firm asserts that the new model delivers performance close to the frontier level set by …

Vinay Lochav | 17 July 2026

Trump Slams New York’s Year-Long Pause on AI Data Center Permits

New York’s year-long freeze on environmental permits for new AI data centers has sent ripples through the technology and energy sectors, threatening to delay critical infrastructure projects as demand for artificial intelligence computing power surges. The executive order, announced this week, halts approvals for …

Vinay Lochav | 17 July 2026

TSMC Commits $100 Billion to Arizona Expansion as Q2 Profit Rises 77%

TSMC’s recent statements signal a decisive step toward scaling its U.S. presence, with the chipmaker pledging an extra US$100 billion to broaden its Arizona operations. This funding deepens TSMC’s role as a primary supplier of advanced AI chips, reinforcing its impact on the global …

Vinay Lochav | 17 July 2026

AI‑Powered Speaker Opens New Hardware Market for OpenAI, Boosts Consumer Tech Exposure

OpenAI is stepping beyond software with the introduction of its first physical product, a movable, screenless speaker intended to act as an AI companion. The device drops the visual interface that characterizes most smart displays, focusing instead on voice interaction and on‑the‑move portability. By …

Vinay Lochav | 17 July 2026

IBM Reports Adjusted EPS of $2.93 and Revenue of $17.2 Billion, Below Forecasts

IBM announced adjusted earnings of $2.93 per share and total revenue of $17.2 billion for the recent quarter, each trailing the consensus expectations of $3.01 EPS and $17.8 billion in sales. The shortfall influenced market sentiment toward the company and sparked broader dialogue about …

Vinay Lochav | 17 July 2026

IBM Shares Plunge 25% on AI‑Hardware Budget Shift

Recent preliminary figures from IBM triggered a notable 25% slide in the company’s stock, underscoring market apprehension about a deceleration in its traditional infrastructure segment. At the same time, the firm disclosed a modest 5% increase in high‑margin software sales, highlighting a divergence between …

Vinay Lochav | 17 July 2026

Wall Street’s Leading Theme Highlights AI Sector’s Potential Rebound

Wall Street’s attention has turned to artificial intelligence as a key market influence, with UBS indicating a possible resurgence in AI stock leadership. This shift occurs as companies prepare to release financial results, which will test whether recent investor caution was justified. If the …

Vinay Lochav | 16 July 2026

Potential Derivative Hedge Could Shield CoreWeave When 2028 Capacity Ramps

CoreWeave, a specialist AI cloud computing firm, has entered the early stages of evaluating financial‑derivative strategies to protect against a potential drop in memory‑chip costs. The move follows recent steep increases in DRAM and flash‑storage pricing and reflects the company’s desire to avoid paying …

Vinay Lochav | 16 July 2026

Trump Slams New York’s AI Data Center Moratorium, Sector Shares Tumble

New York’s unprecedented moratorium on AI data centers has sent shockwaves through the technology sector, triggering a sharp decline in shares of infrastructure providers and cloud operators. The clash has exposed a growing divide between state-level regulation and federal pressure to accelerate AI adoption, …

Vinay Lochav | 16 July 2026

Jim Cramer Demands Tangible AI Returns as Tech Rally Stalls

Jim Cramer’s demand for concrete proof that artificial intelligence is paying off has sent ripples through the tech sector, where stocks have surged on promises of future growth rather than present returns. The skepticism arrives just as major tech firms prepare to report earnings, …

Vinay Lochav | 16 July 2026
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