latest news in Artificial Intelligence

Elon Musk's xAI Launches Autonomous Digital Coworkers That Run Around the Clock

Palo Alto, Thursday, 13 August 2026.
xAI has launched Grok Bot, introducing persistent AI agents capable of operating cloud computers 24/7 to autonomously execute complex workplace tasks without human supervision.

Why Artificial Intelligence Infrastructure Is Driving Up Prices for Everyday Electronics

Washington, Wednesday, 12 August 2026.
AI data centers are projected to consume up to 70% of memory chips in 2026, creating a severe supply crunch that is driving up consumer tech prices.

AI Chipmaker Cerebras Stock Drops 14% Despite Raising Full-Year Revenue Targets

Sunnyvale, Wednesday, 12 August 2026.
AI semiconductor firm Cerebras Systems saw its stock plummet 14% in extended trading following its August 11, 2026, second-quarter earnings report. Despite generating $210 million in core revenue—beating its original estimates—and raising its full-year revenue outlook to between $880 million and $890 million, investor sentiment turned negative over deep quarterly losses. The company posted a massive $450.5 million net loss, primarily driven by a single $386.6 million stock-based compensation charge stemming from its May IPO. While chief executive Andrew Feldman emphasized surging global demand for fast inference computing and improving operational efficiencies, market participants remain focused on gross margin pressures and heavy capital costs. Cerebras maintains major strategic momentum through a multi-billion-dollar inference deal with OpenAI and an upcoming next-generation processor release planned for later this year.