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Economy / Finance

Anthropic Dominates AI Industry as the ‘Apple of AI’ Capturing Most Revenue Despite High Prices

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In July 2026, artificial intelligence giant Anthropic has solidified its market dominance, capturing a staggering 65.1% of total gateway spend share despite charging premium rates for its computational tokens. According to comprehensive industry data released by agentic infrastructure company Vercel, Anthropic continues to outpace all major competitors in revenue, earning comparisons to tech titan Apple … Read more

Nanya Technology Engineer Indicted for Stealing DRAM Secrets Using Hidden Snack-Bag Camera

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A senior R&D engineer at Nanya Technology has been formally indicted in Taiwan for allegedly attempting to steal proprietary DRAM manufacturing process secrets by concealing a 360-degree action camera inside a bag of snacks. The suspect, identified as Yeh Yen-wei, planned to leverage the confidential data to secure a high-paying position at a semiconductor firm … Read more

Anthropic Introduces Invisible Watermarking for Claude to Comply with EU AI Act

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Artificial intelligence pioneer Anthropic has officially revealed its advanced text watermarking methodology for its Claude AI models, designed to comply with the European Union’s stringent EU AI Act. Taking effect globally across all models released after August 2, the system embeds an imperceptible statistical pattern into generated prose without altering text quality, slowing generation speeds, … Read more

Apple Seeks Forced Settlement Talks with Epic Games in New Court Filing

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Tech giant Apple has filed a motion indicating its willingness to explore a settlement with Epic Games, alongside proposing a new commission structure for purchases made outside the App Store‘s IAP system. The legal maneuver comes shortly after the U.S. Supreme Court rejected Apple‘s request to pause lower-court proceedings regarding a contempt finding by Judge … Read more

White House Authorizes Vetted Private Companies to Launch Offensive Cyberattacks Against Foreign Criminal Networks

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In a historic and controversial policy shift, the White House under President Donald Trump has authorized vetted private companies to conduct offensive cyber operations, including destructive attacks against foreign cybercrime organizations. Signed via a presidential memorandum on August 12, 2026, the framework marks a dramatic departure from decades of federal policy that strictly restricted private … Read more

SpaceX Officially Closes $60 Billion Acquisition of AI Startup Cursor

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SpaceX has officially finalized its massive $60 billion all-stock acquisition of AI coding startup Cursor, integrating the firm directly into the SpaceXAI product group to accelerate the development of Grok. Announced on August 14, 2026, the completion of the deal follows an initial partnership established in April and a formal SEC filing in June, cementing … Read more

Nvidia Turns $5B Intel Investment Into $30B Windfall, Discloses Massive $21B SpaceX Stake

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Semiconductor titan Nvidia has transformed a $5 billion investment in Intel into a staggering $30 billion holding, while revealing a new $21 billion stake in SpaceX according to a recent SEC filing. Led by CEO Jensen Huang, the company has strategically positioned itself as a financial stakeholder in its key partners, completely exiting its position … Read more

Robot Maker Unitree Heads to Public Markets as Hyperliquid Traders Bet on 4x Upside

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Chinese robotics pioneer Unitree Robotics is preparing for a highly anticipated public debut on the Shanghai STAR Market, pricing its shares at 150.80 yuan (approximately $22.37) to reach a valuation of $9 billion. However, speculative fervor on decentralized derivatives platform Hyperliquid has pushed pre-IPO perpetual contracts between $92 and $94, signaling market expectations of a … Read more

Bitcoin Drop Cost Abu Dhabi $118 Million: Will They Hold Their Ground?

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Two major Abu Dhabi sovereign wealth funds, the Mubadala Investment Company and the Abu Dhabi Investment Council, absorbed a combined $118 million paper loss on their BlackRock Bitcoin ETF positions last quarter. Despite the sharp market downturn reflected in recent SEC filings, neither fund sold a single share, signaling a long-term investment horizon amid crypto … Read more

Apple Partners with Alibaba to Secure Landmark AI Approval in China

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In a historic regulatory breakthrough, Apple has secretly collaborated with Chinese tech giant Alibaba to train a proprietary large language model tailored for the Chinese mainland market. Reported on August 14 by Reuters, this landmark agreement makes the iPhone maker the very first foreign technology company to secure official clearance from Beijing to deploy its … Read more