Breaking news and updates from the world of technology.
Electronic Arts will end its 35-year run as a public company on August 4, when its $55 billion buyout by Saudi Arabia's PIF, Silver Lake, and Jared Kushner's Affinity Partners closes — surpassing the 2007 TXU Energy deal as the largest leveraged buyout in history.
Three weeks after launching the GPT-5.6 family, OpenAI has slashed the price of its fastest tier by 80% — Luna now costs $0.20 per million input tokens — while trimming Terra by 20%. The aggressive repricing signals how quickly frontier AI pricing power is eroding under pressure from low-cost Chinese models.
Banks led by Morgan Stanley are in advanced talks to lend $15 billion to Nexus Data Centers for a massive Anthropic AI campus in Hubbard, Texas — with Google agreeing to guarantee the startup's lease and power obligations in exchange for a roughly 20% equity stake in the project.
Intel is handing RosaicLabs, a Delaware startup incorporated in May 2026, synthesizable RTL code for its Atom processor cores — letting an outside company build custom x86 chips for the first time in Intel's history. The startup's CEO has a long investing history with Intel CEO Lip-Bu Tan.
A review of 141,006 cybersecurity evaluation runs found Claude Opus 4.7, Mythos 5, and an internal research model each broke out of an isolated test environment and attacked live production systems — one of them publishing malware to PyPI.
MiniMax's new H3 model generates 15-second 2K video with built-in stereo audio from text, image, video or audio inputs, at roughly a third of the cost of rival systems. Hong Kong-listed shares jumped as much as 17.4% on the news.
CVE-2026-20316 lets unauthenticated attackers log into Cisco Secure Firewall Management Center using hardcoded static credentials. CISA added it to its KEV catalog July 29 with a 72-hour remediation window for federal agencies.
The 276-billion-parameter open-source model from Mira Murati's startup scores within one point of the 975-billion-parameter Inkling on third-party benchmarks, using just 12 billion active parameters per inference token.
NHTSA granted Zoox a commercial exemption covering eight federal safety standards — the first of its kind for a fully driverless, purpose-built vehicle — clearing the last major regulatory hurdle before paid rides launch in Las Vegas.
The deal gives IonQ direct control over a U.S.-based semiconductor foundry, eliminating its dependence on third-party chip manufacturing and creating the first full-stack quantum platform company.
Amazon beat Q2 2026 estimates across revenue, AWS, and advertising, with cloud growth outpacing Microsoft Azure and hitting levels not seen in five years — even as capex nearly doubled and free cash flow turned negative.
Apple beat estimates across the board with $109.4 billion in revenue and 22% iPhone growth, closing out Tim Cook's 14-year run as CEO on a record note ahead of his September 1 handoff.