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OpenAI’s Q2 2026 revenue reportedly rose to $6.7 billion, but quarterly growth slowed to 18% while operating losses expanded to $12.3 billion. Ahead of a potential trillion-dollar IPO, the company faces pressure from consumer ARPU limits, enterprise competition, falling API prices, and massive compute commitments.
Marvell and Google are deepening their partnership on custom AI chip development. Marvell is giving Google the right to purchase up to $12.2 billion in Marvell stock, strengthening their long-term alignment in the AI hardware race.
An independent builder pretrained a 1.02-billion-parameter Kimi-K3 replica on 5 billion decontaminated tokens for roughly $250. The model achieved 33.4% on HellaSwag, exceeding the reported 28% score of GPT-2 124M despite receiving no instruction tuning.
Skanska has signed a $1.2 billion contract to build four data centres for an unnamed existing customer in the southeastern United States. The facilities will cover approximately 75,000 square metres, or 808,000 square feet.
Marvell Technology has granted Google the right to purchase up to $12.2 billion of Marvell shares as part of a custom-chip arrangement. Google will buy Marvell’s custom chips, and Marvell’s stock rose as much as 14% after the disclosure.
Baidu’s AI-related revenue remained around half of general business revenue in the second quarter, but fell to 125 billion yuan from 136 billion yuan in the prior quarter. The company’s AI portfolio spans cloud infrastructure, applications, search, Kunlunxin chips, and Apollo, yet model competitiveness, monetization, and growth remain unresolved.
A community test on an AMD R9700 with ROCm reports noticeable quality and long-context retention differences between FP16 and q8_0 KV cache for Qwen3.8-27B. FP16 reportedly produces more careful structured output and maintains performance beyond 120k tokens, challenging the assumption that both formats are equivalent.
A new $99.99 pair of AI smart glasses brings visual recognition, live translation, voice assistance, and open-ear audio to ordinary-looking frames. The glasses also include a 12MP Sony camera for understanding the user’s surroundings.