Firebird Launches CIS Region's Largest AI Factory in Armenia
Firebird, an emerging AI cloud provider, launched what it describes as the CIS region's largest AI factory in Armenia, according to an NVIDIA announcement. The facility establishes a new AI computing hub powered by NVIDIA accelera…
SpaceX Closes $60B Cursor Acquisition; Rebranding Under Way
SpaceX has completed its $60 billion acquisition of AI coding startup Cursor, with the deal becoming effective on August 14 according to a regulatory filing. The all-stock transaction, one of the largest tech acquisitions ever, cl…
OpenAI Pauses Astra Over Critical Cyber Capabilities, Launches GPT-5.6-Cyber for Defenders
OpenAI stopped portions of internal development on its upcoming Astra model on August 7, 2026, after internal evaluations revealed the system had reached what the company cannot rule out is a "Critical" cybersecurity capability level under…
Tesla and SpaceX Confirm $16.8B Terafab AI Chip Megafactory in Texas
Tesla and SpaceX officially confirmed on August 6, 2026, the location and initial investment for Terafab, a vertically integrated semiconductor megafactory in Grimes County, Texas, with a Phase 1 capital commitment of $16.8 billion…