Big Tech’s AI spending spree tops $600B, and the ripple effects could reshape crypto markets

The post AI trade loses steam as Samsung earnings fail to lift chip stocks amid open source AI shift appeared on BitcoinEthereumNews.com. The AI trade, which incorporates semiconductors and memory stocks, is showing signs of fatigue as investors reassess whether the extraordinary spending boom on chips and data centers can be sustained. Semiconductor and memory stocks such as Micron Technology (MU) and Sandisk (SNDK) came under heavy pressure on Tuesday, after Samsung Electronics (005930) reported record second-quarter earnings but missed revenue estimates. Shares still fell nearly 7%, extending a broader selloff across AI-linked chipmakers. Concerns are growing that hyperscalers could slow AI infrastructure spending. Meanwhile, rival SK Hynix is down 25% from its all-time high ahead of its U.S. listing this week, a deal that is also drawing investor capital away from existing chip stocks.The weakness comes after a spectacular rally in AI infrastructure stocks this year, with Sandisk u

An international research consortium has demonstrated that machine learning can dramatically accelerate the discovery of superconducting materials, using AI to screen vast numbers of elemental combinations and identify the most promising candidates for detailed quantum analysis. The SuperC consortium, led by Aalto University Professor Päivi Törmä, used the approach to identify two previously unknown superconductors, […]

Omen AI has raised $31 million in a Series A round led by Nava Ventures, with participation from CRV, Vanderbilt University, Mann+Hummel, Starhill Holdings, and Hard Launch Capital, alongside personal investments from executives at Bridgestone, GM, Johnson Controls, and TensorWave. The company has raised $40 million in total since its founding in 2024. The startup […]

Max single-threaded CPUs at scale are a new category of CPUs built for the agentic AI era.  Across the creation and deployment of an agentic system, the CPU is on the critical path for reasoning, response time and learning. CPUs are the processor which executes the work the AI model commands: the tool calling, code […]

Micron's stock volatility highlights the cyclical nature of the memory market, raising concerns about sustainability amid AI-driven demand. The post Micron stock falls as investors speculate on memory market peak appeared first on Crypto Briefing.

The EU's plan highlights the need for digital sovereignty but lacks enforceable measures, risking increased reliance on US tech solutions. The post EU unveils AI cybersecurity action plan amid deepening US tech reliance appeared first on Crypto Briefing.

Apple has activated new voice customisation controls for its AI-powered Siri in the third iOS 27 developer beta, allowing testers to adjust the assistant’s pace and expressivity for the first time. The two settings, previously flagged as coming soon in earlier beta releases, use sliders to control how quickly Siri speaks and how much human-like […]

Galaxy delivered 133 MW of critical IT load to CoreWeave under a 15-year lease. Helios shifted from Bitcoin mining into a revenue-generating AI data center campus. Phase II adds 260 MW as Galaxy targets over $1B in annual revenue from Helios. Galaxy has completed the first phase of power delivery at its Helios data center […] The post Galaxy Delivers 133 MW to CoreWeave as Bitcoin Mine Becomes AI Hub appeared first on Live Bitcoin News.