Nscale, an AI cloud infrastructure provider that counts OpenAI, Anthropic, and Microsoft among its customers, filed for an IPO on the New York Stock Exchange under the ticker "NSCL," reporting 1,252% revenue growth in the first half of 2026.
Virginia Gov. Abigail Spanberger unveiled a "Data Center Accountability Framework" on Friday, proposing stricter rules on noise pollution, water use, and clean energy requirements for data center developments across the state.
California Gov. Gavin Newsom signed an executive order Friday directing experts to recommend stronger AI safety laws within two months, including potential requirements for "kill switches" and independent safety audits of frontier AI companies.
Wells Fargo downgraded Netflix to underweight and slashed its price target to $57 from $80, citing a 1.6-hour-per-day drop in viewership per subscriber and a weak content pipeline for the rest of 2026.
Waymo announced plans to launch a commercial robotaxi service in Singapore by 2028, with vehicles set to arrive in the coming months for mapping and testing ahead of a 2027 safety review process.
Anthropic published three metrics Thursday — covering AI-led R&D, agent oversight, and compute allocation — designed to help AI companies measure and report on how quickly they are developing, following CEO Dario Amodei's call for an industry slowdown.
The House adjourned Wednesday without passing AI legislation, while a Senate bid to shield ratepayers from data center utility costs collapsed Thursday after a Democratic senator blocked the measure — leaving both efforts in limbo until after the November midterms.
Nscale, an AI cloud infrastructure provider that counts OpenAI, Anthropic, and Microsoft among its customers, filed for an IPO on the New York Stock Exchange under the ticker "NSCL," reporting 1,252% revenue growth in the first half of 2026.
Wells Fargo downgraded Netflix to underweight and slashed its price target to $57 from $80, citing a 1.6-hour-per-day drop in viewership per subscriber and a weak content pipeline for the rest of 2026.
CoreWeave said Thursday it plans to raise $3 billion through a convertible debt offering, with initial buyers eligible to purchase up to an additional $500 million, as the Nvidia-backed neocloud seeks to fund its AI infrastructure expansion.
Waymo announced plans to launch a commercial robotaxi service in Singapore by 2028, with vehicles set to arrive in the coming months for mapping and testing ahead of a 2027 safety review process.
Anthropic published three metrics Thursday — covering AI-led R&D, agent oversight, and compute allocation — designed to help AI companies measure and report on how quickly they are developing, following CEO Dario Amodei's call for an industry slowdown.
Palantir CEO Alex Karp called for nationalization of AI labs and civil and criminal liability for irresponsible developers, while Pentagon CTO Emil Michael argued against government stakes or new regulations for the AI industry.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.