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Consumer prices rose in July — a reversal of the pullback in June — but showed inflation broadly moderating, even as energy remained sharply higher than a year ago. The consumer price index, an inflation barometer, was up 3.4% from 12 months earlier, the Bureau of Labor Statistic
news:cnbc-marketsAs projects like Pacing the Frontier look to major labs as a way to keep AI research safe, open source models have become a sore spot for the industry. With free distribution and little control over how they’re used, open-weight models aren’t easily controlled, leading some labs
news:techcrunchArtificial Intelligence Part 2: Amazon Bedrock cost attribution with Amazon Athena and CUDOS Part 1 introduced granular cost attribution for Amazon Bedrock. This feature automatically traces every inference request back to the IAM principal that made the call. It showed how the n
news:aws-ml-blogThrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Altimeter Capital. Thrive Holdings is akin to a private equity firm for AI, buying traditional businesses like accounting firms and implementing
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- 2026-08-12AstroTalk turns unicorn via ESOP buybacknews:india-yourstory
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Twitch users can now opt out of allowing their content to be used to train Amazon’s generative AI models. Opting out means that “your streams, VODs, clips, stream chats, and pictures and text on your channel” won’t be used in “future training” of an Amazon AI model “whose purpose
news:theverge-aiWhen we reviewed the NVIDIA DGX Spark, storage was the platform’s clearest design flaw, and it is a form-factor problem before it is anything else. The Spark’s internal slots take short M.2 drives, the 2230 and 2242 class, where packaging wins, and capacity loses. The high-capaci
news:storagereviewOnline travel aggregator (OTA) Yatra’s consolidated net profit crashed 97.9% to ₹34 Lakhs in the first quarter (Q1) of the fiscal year 2026-27 (FY27) from nearly ₹16 Cr in the year ago quarter. On a sequential basis, profit after tax (PAT) tanked 95.9% from ₹8.2 Cr in the Q4 FY26
news:india-inc42A hacking and extortion gang has taken credit for a cyberattack and data breach at Uber Freight, the ridesharing giant’s logistics subsidiary. A spokesperson for Uber Freight told Reuters, which first reported the incident, that there was no effect on its business operations and
news:techcrunchReadings for July on the prices consumers pay for goods and services came in pretty much on target Wednesday, driving traders to lower odds for a September interest rate hike even though inflation remains well above the Federal Reserve's 2% target. Here are five key takeaways fro
news:cnbc-marketsAWS Compute Blog Burst to Region: Overflow AWS Outposts workloads to Amazon EC2 AWS Outposts brings AWS infrastructure into your data center, giving on-premises workloads the low latency and data locality they need. But unlike the AWS Region, an Outposts rack has a fixed amount o
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It’s been far too long since I’ve been able to report a new land speed record. For a while, it looked like Bloodhound might have been able to make good on its 1,000 mph (1,609 km/h) attempt, but then the money ran out. As a result, Thrust SSC’s two-way average of 763.6 mph (1,229
news:ars-technicaFor the modern tech industry, the story of AI and the story of GPUs is often one and the same. The ultra-large, ultra-high-throughput chips have become a critical component of AI servers thanks to their combination of memory bandwidth and dense math throughput. And that role has
news:servethehomeOracle plans more layoffs weeks after spending most of its $2.1 billion restructuring budget, report claims — some teams face double-digit percentage reductions, 21,000 full-time positions already eliminated Managers have reportedly been told to identify affected staff before the
news:toms-hardwareThe Los Angeles Lakers have sold — again. Less than a year after buying a controlling ownership stake in the NBA's Lakers, Mark Walter has sold his majority equity to Joshua Kushner and Bob Iger, according to a statement. The deal values the team at $12.5 billion, according to a
news:cnbc-marketsMesh, the relationship manager and personal CRM acquired by WordPress.com’s parent company, Automattic, last year, is now available to users on Android devices. The software allows users to privately visualize and keep track of the people in their personal and professional networ
news:techcrunchAI notetaking hardware has taken off over the past couple of years, with credit-card-sized devices, pendants, pins, and even transcribing earbuds all promising to capture your meetings and turn them into summaries and action items. Now, a whole wave of wearables — rings especiall
news:techcrunchEpisode details Available for over a year Today, we look at the government’s response to extreme heat, and fires around the country, as he chairs a meeting of the government's emergency Cobra committee, as temperatures are set to soar again. Firefighters are continuing to tackle
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news:cnbc-techThe Trump administration is trying to stop New York from enforcing its gambling laws against Kalshi, and yesterday said it ordered the prediction market to continue operating in the state. The Commodity Futures Trading Commission (CFTC) announced that it exercised its emergency a
news:ars-technicaDive Brief: - Thanks in part to $114 million from its Helly Hansen outdoor brand, acquired last year, Kontoor Brands’ Q2 revenue rose 19% year over year to $584 million, the apparel maker said Wednesday. - Wrangler global revenue rose 2% to $469 million. The results don’t include
news:retail-diveBank of America’s wholly-owned subsidiary NB Holdings Corporation has signed a definitive joint venture (JV) agreement with Jio Financial Services (JFS) to invest up to ₹18,268.2 Cr ($1.9 Bn) in the latter’s NBFC subsidiary, Jio Credit. After receiving regulatory nods, the transa
news:india-inc42Tesla intends to build a massive solar panel factory 45 minutes southwest of Houston, according to documents filed with the state of Texas. The new factory, called Project Crystal Sun, could cost as much as $10.1 billion. Tesla has applied for tax incentives to partially offset t
news:techcrunchBattery startup Form Energy said on Wednesday that it has raised $750 million to expand its manufacturing capacity in West Virginia, the latest sign that the AI data center building boom is fueling investment in energy storage. The U.S. installed 9.7 gigawatt-hours of energy stor
news:techcrunch- 2026-08-12Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners
A tax break for Americans selling their primary residence could become part of the Trump administration's midterm pitch. But experts say such an effort is unlikely to happen quickly — and the benefits would skew to wealthier homeowners. In a conversation on Fox Business on Tuesda
news:cnbc-markets AI infrastructure spans multiple layers, from compute and networking to storage, orchestration, and applications. When performance degrades, identifying the source can be difficult because a symptom observed at one layer may originate elsewhere in the stack. A full-stack observab
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Europe’s favorite vibe-coding startup Lovable has confirmed previously reported whispers that it was raising another mega round at a $13.3 billion valuation. Lovable said on Wednesday that it has raised $400 million in a Series C round led by Menlo Ventures and the Scaleup Europe
news:techcrunchOff the Wire Press Releases Aug. 12, 2026 — Chemists often use a computational method developed at UC San Diego called density functional theory (DFT) to study chemical reactions and predict how molecules behave. DFT is especially useful for investigating triplet states, which ar
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- 2026-08-12Facebook officially rolls out its stand-alone Creator Studio app with AI tools for creators
Facebook announced on Wednesday that it’s rolling out a stand-alone Creator Studio app, an AI-powered app that gives creators personalized tips to grow their audiences and new tools to engage with their communities. The official iOS rollout comes a few weeks after Facebook began
news:techcrunch - 2026-08-12Amazon shares appear stuck in a rut. Trader Mike Khouw is betting things will stay that way
The Fortune 500 is an annual list compiled by Fortune magazine that ranks the 500 largest United States corporations by total revenue. Amazon currently holds the number one spot, recently displacing Walmart's long streak. In the 72 years since the creation of the Fortune 500 list
news:cnbc-markets Nvidia doubles RTX PRO 6000 Blackwell's MSRP to a staggering $16,000 — 96GB card started pre-orders below $8,000 last year A doubling in price from March 2025. Nvidia has once again silently raised the price of its RTX PRO 6000 Blackwell on its US Marketplace website to $16,000.
news:toms-hardwareAfter weeks of controversy and speculation, music company D’Addario has admitted that AI, specifically Suno, was used as part of a recent promotional video. For nearly two weeks, the company has denied the allegations, even as evidence piled up against it. It offered various expl
news:theverge-ai- news:india-yourstory
AI data center developers begin suing local jurisdictions behind bans and moratoriums — claims range from officials exceeding authority to violations of due process and equal protection laws Developers are pushing back against residents and local governments. A few AI data center
news:toms-hardwareWhen VideoVerse announced its acquisition in September 2025, it felt like a victory for startups across India. VideoVerse was a simple clipping service, but after years of startup incubators and pitching clients, the company had pulled off a $250 million exit. The acquirer was Mi
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CoreWeave proves Nvidia's aging AI GPUs from 2020 can generate profit nine years after deployment, signs A100 contracts into 2029 — power constraints and legacy infrastructure keep old GPUs profitable The A100 first launched in 2020. CoreWeave signed a contract for Nvidia A100 GP
news:toms-hardwareFor more than five years now — since the onset of the pandemic — San Francisco has seemed to be the epicenter of store closures in the U.S., as crime and other troubles gave the city’s major retail corridors a bad reputation. Retail in San Francisco has never been entirely doomed
news:retail-dive- 2026-08-12Bealls plots store expansion
Dive Brief: - Off-price retailer Bealls Inc. plans to open 13 new store locations across six states this fall, according to information sent to Retail Dive. - Meanwhile, the company has expanded its buying office in New York City. - The location is designed to help the company co
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The Home Depot CEO Ted Decker is taking a medical leave of absence, which is expected to last a few months. As a result, the company’s board approved Decker’s recommendations for temporary leadership overseeing the operations of the office of the CEO. Ann-Marie Campbell, senior e
news:retail-diveFocused on merchandise newness, nearly 70% of Target’s Halloween collection this year is new and about 60% of it is only available at the mass retailer. Sixty-percent of decor products are under $10 while half of all Halloween costumes and accessories are priced under $25, per a
news:retail-diveSilicon Valley leaders from Elon Musk to OpenAI CEO Sam Altman have hyped the deflationary effects of the artificial intelligence boom. "Intelligence too cheap to meter is well within grasp," Altman wrote recently. Musk, the CEO of Tesla and SpaceX and the world's richest person,
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