latest news in companies
Marvell Challenges Broadcom in Custom Artificial Intelligence Silicon Market
San Jose, Monday, 17 August 2026.
Marvell’s 181% stock rally is driven by data center interconnect technology rather than custom chips, while incumbent Broadcom maintains market dominance with $10.8 billion in quarterly AI semiconductor revenue.
DataMeds AI Faces Nasdaq Delisting Risk Following Heavy Second-Quarter Losses
New York, Monday, 17 August 2026.
Despite reporting $1.8 million in second-quarter revenue, DataMeds AI incurred an $18.4 million loss, leaving the company with a $19.5 million equity deficit ahead of an October Nasdaq compliance deadline.
Trump Family Crypto Venture Secures Conditional Federal Approval for National Trust Bank
Washington, Monday, 17 August 2026.
The OCC granted preliminary conditional approval for World Liberty Trust Company to organize a national trust bank, enabling the Trump-linked venture to directly issue and manage its $4 billion stablecoin under federal oversight.
Dermata Secures Fresh Funding to Drive Direct-to-Consumer Skincare Expansion
San Diego, Monday, 17 August 2026.
Dermata Therapeutics has raised up to $10.1 million in capital to support its strategic shift toward commercializing direct-to-consumer skincare products utilizing its proprietary microscopic delivery technology.
Elon Musk Highlights Memory Chips as the Main Bottleneck for Artificial Intelligence
Austin, Monday, 17 August 2026.
Tech entrepreneur Elon Musk identified memory capacity as the primary constraint facing artificial intelligence expansion, signaling strong long-term demand for chipmakers like Micron Technology.
