The European Union has launched a call for proposals to select up to seven artificial intelligence gigafactories, potentially allowing Greek utility PPC to submit a bid for a factory in western Greece.

Recent US Big Tech earnings reports have provided key insights into the role and impact of artificial intelligence within the technology sector. Analysts are examining these reports to understand AI's current trends and future implications.

Chinese AI champion Moonshot has secured a computing power agreement with Alibaba Group Holding Ltd., enabling its Kimi AI to utilize approximately 20,000 Nvidia Corp. chips, highlighting China's ongoing reliance on Western semiconductors for AI development.

The Kospi Index in South Korea experienced an unprecedented 18% surge, driven by a rally in tech stocks and a rebound in chipmakers fueled by optimism around artificial intelligence.

Experts note a growing trend where consumer companies are choosing to remain private for extended periods, bypassing the traditional IPO route due to the rise of secondary markets and a stronger liquidity environment.

Integrating AI into businesses aims to boost productivity and free up resources for higher-order strategic thinking, with a focus on achieving a return on these investments.

A fraud investigator has warned that scamming has become increasingly automated, with artificial intelligence now playing a significant role. Scammers exploit convenience, discounts, and greed to ensnare their victims.

London has emerged as Europe's largest hub for AI power centers, leading to a growing conflict as these facilities compete with housing for essential resources like energy, space, and water, raising questions about the city's development priorities.

An article argues that privacy is not dead but is being eroded, emphasizing the importance of protecting autonomy, dignity, and the right to be understood with context and respect in the age of increasing data collection.

TXNM Energy reported non-GAAP EPS of $0.58, beating estimates, with revenue of $548.5M. Lear also exceeded expectations with non-GAAP EPS of $4.28 and revenue of $6.2B, indicating strong financial performance for both companies.

The article explores how artificial intelligence can enhance employee well-being in the Greek hospitality sector. It discusses various applications, including reducing repetitive tasks and improving overall efficiency.

The increasing use of artificial intelligence is creating complications in relationships and dividing friends and families, not just over the technology's capabilities but also over differing visions for the future it might bring.

Sumitomo Mitsui Financial reported GAAP EPS of ¥131.59 and revenue of ¥2.85B, while Murata Manufacturing announced GAAP EPS of ¥44.70 and revenue of ¥502.26B, updating its FY 2027 outlook. Sumitomo also reported GAAP EPS of ¥39.92 and revenue of ¥1949.36B, reaffirming its FY 2027 outlook.

A bidding war for a West Virginia coal-fired power plant, involving a top utility and a data center developer, underscores the increasing demand for energy to power AI infrastructure.

New EU regulations will mandate companies to ensure that users are aware when they are interacting with artificially generated images, audio, and text designed to appear real.

American billionaire Mark Cuban has warned that Nvidia's extensive AI financing model mirrors the risks of the dot-com bubble, suggesting it could lead to significant market value losses. Michael Burry also expressed concerns about Nvidia's increasing default risk, with Cuban urging AI companies to prioritize profitability.

The European Union has added 14 Chinese companies to its sanctions list for allegedly supporting Russia's war in Ukraine, escalating trade tensions as Beijing responds to Brussels' actions.

India’s Oscar-qualifying Bengaluru International Short Film Festival (BISFF) has expanded its 16th edition to 10 cinema arenas, introducing new categories for AI-made films and screendance after receiving a record 3,340 submissions.

President Trump's request for AI companies to share models with the government before public release has raised questions about federal oversight.

Microsoft's CFO has communicated the company's significant AI investments to staff, while Goldman Sachs has expressed strong approval of Microsoft's internal operational enhancements. These developments underscore Microsoft's strategic focus on artificial intelligence and its positive impact on the company's performance.

Chinese President Xi Jinping held discussions with leaders from Slovakia, Namibia, Cambodia, Thailand, and Kazakhstan in Beijing and Shanghai during July 2026. These meetings occurred both bilaterally and on the sidelines of the World AI Conference.

An online letter, signed by more than 1,000 AI employees, calls for US government support to manage the rapid advancement of artificial intelligence.

Sam Altman's recent warning about AI is a wake-up call, suggesting that current security models, including Zero Trust, are unprepared for future AI challenges and are likely to fail.

Kioxia Holdings Corp. announced a 3-for-1 stock split after its profits fell short of expectations, suggesting a potential slowdown in the AI-driven surge in flash memory prices.

The Tokyo District Court has ruled that hospitality company Shidax Corp.'s 2023 tender offer to go private undervalued its shares. This decision marks a rare instance in Japan where legal authorities resolve financial disputes between companies.

The Land Transportation Franchising and Regulatory Board (LTFRB) announced it will reopen applications for motorcycle taxi riders on August 5, following a previous suspension due to some companies exceeding onboarding limits.

Amazon reported better-than-expected results, driven by strong growth in its cloud computing division and significant investments in artificial intelligence.

Hyundai Engineering has announced a new corporate vision to expand its business beyond traditional engineering, procurement, and construction into future energy and advanced industrial facilities, including AI infrastructure.

A company linked to Catriona Carey is set to be dissolved after receiving a strike-off notice from Companies House in the UK, following a previous suspension of similar action.

KT has announced a three-way collaboration agreement with on-device AI chipmaker DeepX and edge computing firm Sesol to jointly develop NPU-based artificial intelligence edge systems for use in transportation and industrial sectors.

Aschenbrenner’s hedge fund, known for its role in Wall Street’s AI trade, has sold off assets to Citadel, indicating a shift in investment strategies.

Leopold Aschenbrenner, an AI prodigy, faced a significant setback as his fund plummeted by 67% in July. Despite the substantial loss, Aschenbrenner has vowed to continue his work.

Apple's stock experienced a significant drop as supply chain issues clouded its financial outlook, raising concerns about iPhone demand. This decline occurred as investors shifted focus to AI winners following recent earnings reports.

Amnesty International has warned that India's provision of thousands of military components to Israeli companies supplying parts to the armed forces raises human rights risks, potentially supporting what the organization calls an ongoing genocide against Palestinians.

Viral video app Seedance is making a new push into education by partnering with the AI study app Gauth. This collaboration aims to transform study topics into cinematic, AI-animated video lessons.

The near collapse of a highly leveraged hedge fund, Situational Awareness, amid market volatility, offers insights into the risks associated with the AI trade on Wall Street.

The US State Department displayed an AI-generated map at a conference in Brazil that incorrectly labeled several African countries, drawing criticism.

Brian Schimpf, CEO of defense company Anduril, spoke on The Tech Download podcast about the role of artificial intelligence in warfare and the company's manufacturing initiatives.

Microsoft has kept its data center spending steady while its competitors increase AI investments, balancing this with rising cloud revenue, which led to a jump in its stock.

An analysis suggests that AI requires better, smarter data rather than just more noise to effectively manage and fix network issues, advocating for thoughtful deployment strategies.

Major oil companies are experiencing their highest profits in years, driven by elevated commodity prices exacerbated by the ongoing conflict in Iran. This surge in profits contrasts with the broader economic drag felt by other sectors.

Shares of Universal Music, the world's largest music group, plunged by a quarter due to concerns over streaming growth and the potential impact of AI-generated songs.

The Federal Government of Nigeria has initiated a nationwide Artificial Intelligence training program targeting 11,700 teachers in unity schools. This initiative aims to equip educators with AI skills across the country.

The article explores five specific use cases where AI agents are currently being effectively deployed and are working within regulated organizations across different industries.

A market summary covers various topics including an AI data center deal and a Tesla denial, providing a broad overview of current market news.

Microsoft's recent adjustments in its AI capital expenditure strategy have been met with a positive reception from Wall Street investors.

Janus Henderson's McManus observes a trend of investors moving their capital overseas. This shift is attributed to growing concerns over the concentration of wealth and influence within the 'Magnificent Seven' tech companies.

A New York Times investigation examines Larry Ellison's significant investment in the artificial intelligence boom, questioning whether his gamble will lead to success or if he will become the symbol of an AI bubble.

New data indicates that prominent brands such as Home Depot, Intuit, and Booking are significantly increasing their investment in ChatGPT advertisements, with OpenAI doubling its ads per user for mobile users in the US.

It follows Barclays and Lloyds Banking Group in beating analysts expectations for profit growth over the first half of the year.

Hong Kong's economic growth slowed more than anticipated last quarter, even as a global surge in artificial intelligence investments boosted the city's exports. The slowdown indicates underlying economic challenges despite the positive impact of the AI boom.

A new report recommends that Türkiye develop its own technopolitical doctrine, integrating strategic capability, secure artificial intelligence design, and public legitimacy. This is seen as crucial for Türkiye to navigate and shape its role in a world increasingly influenced by AI.

South Korea's two largest cosmetics companies, Amorepacific and LG Household & Health Care, reported double-digit second-quarter growth, largely driven by waning reliance on China and increasing sales in North America.

International Consolidated Airlines reported a Non-GAAP EPS of €0.24 and revenue of €16.06 billion, while Parex Resources reported a GAAP EPS of $4.62 and revenue of $69.46 million. Both companies have reaffirmed their full-year outlooks.

Korea is anticipated to experience a record surge in its markets as global momentum for artificial intelligence returns, as reported on Bloomberg Daybreak Europe.

From streaming platforms to social feeds, short-form drama has emerged as one of the most explosive content categories of the decade.

A new fashion trend, termed 'adversarial clothing,' is emerging with designs specifically created to help individuals avoid identification by artificial intelligence systems, reflecting growing concerns over privacy and surveillance.

Despite chipmakers delivering record earnings, investor skepticism is causing stock prices to fall, as sky-high expectations, crowded trades, and looming uncertainty make the AI boom less profitable for investors.

Iceland's referendum on EU membership is poised on a knife-edge, presenting a significant test for the bloc's enlargement ambitions. This comes as the EU also plans to develop up to seven AI 'gigafactories'.

Southern Company projects its 2026 adjusted EPS to be near the top of the $4.50-$4.60 range, following a significant 3.2-gigawatt contract signed with OpenAI.

Meta's shares have fallen as shareholders express growing concern over the company's ability to maintain sales and profit growth at a fast enough pace, particularly due to a surge in AI spending impacting its outlook and free cash flow.

LG AI Research has introduced South Korea's largest homegrown artificial intelligence model, a system boasting 750 billion parameters, which is more than three times the size of its predecessor, as the conglomerate intensifies its efforts in global AI development.

Iranian hackers are suspected of carrying out a cyberattack against over 30 water systems in Minnesota, highlighting a growing trend of cyberattacks targeting US water infrastructure. This incident underscores the increasing vulnerability of critical systems to foreign adversaries.

Chinese President Xi Jinping has called on the country's armed forces to strengthen the military application of artificial intelligence and unmanned technologies. He emphasized the importance of integrating these advancements for national defense.

Amnesty International has warned that India's provision of military components to Israeli companies supplying parts to the armed forces raises human rights risks, potentially supporting what Amnesty calls an ongoing genocide against Palestinians.

Ghana has opened a continental AI hackathon, positioning Accra as a central hub for Africa's transition from AI ambition to practical execution, following the publication of its national AI plan.

Gates Industrial and Magna International both reported strong second-quarter earnings, beating top-line and bottom-line estimates. Both companies also raised their full-year outlooks, indicating positive financial performance.

Wall Street analysts have largely reiterated 'buy' ratings and raised price targets for Amazon's stock, citing AWS's strong outperformance as a key factor bolstering confidence in the company's AI strategy after its latest earnings report.

Tenax Therapeutics reported a GAAP EPS of -$0.35, beating estimates by $0.01, while Fortis announced a GAAP EPS of $0.78, surpassing expectations by $0.02. Both companies exceeded analyst predictions for their recent earnings.

AI cognitive health startup Mantis Biotech is innovating how women are diagnosed for conditions like brain fog, ADHD, and dementia, aiming to catch issues between doctor visits.

Amazon Web Services (AWS) has reportedly hired a former executive from both Apple and Google to take charge of its crucial artificial intelligence services.

IIT Jodhpur has launched a Bachelor of Science program in management and technology, designed to equip students to navigate potential job disruptions caused by artificial intelligence.

An AI startup co-founder issued an apology after the company offered guaranteed job interviews to individuals willing to get a company logo tattooed on their bodies.

Chinese AI company MiniMax has introduced its new H3 multimodal video generation model, aiming to disrupt the market with open weights and competitive pricing. This move positions MiniMax as a direct competitor to ByteDance's latest Seedance 2.5 model.

Singapore's aquaculture sector is adopting digital technologies, including AI-powered shrimp feeding and digital farm records, to enhance efficiency and strengthen local seafood production.

The article discusses the existing AI agent gap, identifying it as an infrastructure disparity rather than an intelligence gap, particularly highlighting San Francisco's current advantage.

The rejoining of Lilian Weng to OpenAI after citing health reasons for leaving her previous role has sparked discussions among career experts about how much information employees should share when quitting a job.

Amazon's stock experienced a significant jump following strong growth in its Amazon Web Services (AWS) division. This performance helped to alleviate investor concerns regarding the company's increasing expenditures on artificial intelligence.

Major stocks like Apple (AAPL) and Amazon (AMZN) were among the biggest movers in the market on Friday, alongside other significant companies.

In Roseville, California, Flock Safety's AI-powered cameras, used by police since 2021, reportedly misread license plates in 71% of the alerts sent to law enforcement.

LinkedIn is rolling out a new feature that allows users to report AI-generated 'slop' posts, aiming to combat low-quality content and promote authentic interactions on the professional networking platform. This initiative reflects a push for higher content standards.

A significant week for corporate earnings highlights the global buildout of AI infrastructure, tightening supply chains, and ongoing geopolitical uncertainty, with European executives expressing optimism about AI.

Edwin Gardiola is facing a malversation complaint before the Ombudsman, following reports that his companies allegedly secured billions of pesos in DPWH contracts while he was House appropriations vice chairman.

Billionaire Ken Griffin's rescue of hedge fund Situational Awareness has reportedly triggered a relief rally in global AI stocks, leading traders to debate whether the market's worst is over.

The article discusses the quiet holidays of Greek ministers, including Prime Minister Mitsotakis's stance on a cabinet reshuffle, alongside a significant $1.35 billion puzzle for Greek shipyards and new AI businesses.

China's DeepSeek has released a public beta application programming interface (API) for its advanced artificial intelligence model, V4 Flash, highlighting its enhanced agentic capabilities.

Tech stocks have rallied, driven by euphoria in AI-related trading, with Asian markets also seeing gains. This surge follows a strong performance in US markets.

An editorial highlights the urgent need for Israel to enforce rules against AI disinformation, especially with the upcoming Knesset elections, as AI tools can create convincing fake content.

Murata Manufacturing Co., a key supplier of AI components, raised its profit outlook but cautioned that the global technology buildout, particularly AI spending, is expected to level off eventually.

Strategists predict copper prices may reach new highs as demand from the AI sector collides with supply disruptions caused by deadly storms in Chile, which have impacted mining operations.

The University of Ghana has placed artificial intelligence and digital skills training at the forefront of its academic curriculum to prepare students for a rapidly evolving, technology-driven world.

Francis deSouza has been appointed the new CEO of Scale AI. He previously served as chief operating officer at Google Cloud. DeSouza aims to position Scale AI as an enterprise AI company.

South Korea's stock market rallied by 15 percent after a sharp sell-off, as investor concerns about overspending on artificial intelligence eased, boosting chip shares.