2026-08-19

Lowe's posted higher sales but trimmed its outlook as DIY spending stayed under pressure

The home improvement retailer cut its full-year sales and profit targets to the bottom of prior guidance ranges, citing persistent softness in do-it-yourself spending [...]

2026-08-19

Samsung is raising its contract chip-manufacturing prices by up to 15% as AI demand surges

The South Korean company's SF4 production line at its Pyeongtaek plant has been running at full capacity since late last year [...]

2026-08-19

OpenAI is slowing AI model development after a rogue agent hacked Hugging Face

The company paused two weeks of reinforcement learning training and is keeping its largest planned frontier model run on hold [...]

2026-08-19

Moderna and Merck's personalized skin cancer vaccine cleared its first large-scale trial

The mRNA-based vaccine combined with Keytruda reduced melanoma recurrence in more than 1,100 patients whose cancer had been surgically removed [...]

2026-08-19

Jim Cramer says market is too negative — and that's creating buying opportunities

The "Mad Money" host pointed to beaten-down data center stocks, resilient consumer spending, and potentially overdone fears about crude and Treasurys [...]

2026-08-19

Alibaba’s new small model runs on a laptop and scores like a cloud one

Alibaba has released a small AI model that runs on a personal computer and scores like a cloud one. The model, Qwen3.8-27B, has been downloaded more than a million times in a few days, The Information reported. Juro Osawa wrote that it is one of the company’s fastest-growing models to date. The model is open […]<br /> This story continues at The Next Web [...]

2026-08-19

Audi’s China-only EVs are coming to Europe, and they cost less than local models

A German company is importing Audi’s China-only E5 Sportback and E7X, models Audi never intended to sell in Europe, and registering them for road use. Even after shipping and homologation they undercut Audi’s European-built equivalents by thousands of euros. Audi built two electric cars it never wanted Europeans to buy. They are now being registered […]<br /> This story continues at Th [...]

2026-08-19

Xiaomi’s profit drops again as the memory crunch squeezes its phones

Xiaomi’s profit fell again in the second quarter. A global memory shortage kept pushing up the cost of its phones. The Chinese company posted its third straight quarterly profit decline, Bloomberg reported. Adjusted net income dropped about 43 percent to 6.22bn yuan ($922mn). The reported figure was less severe. Net profit fell 20.5 percent, The […]<br /> This story continues at The Next [...]

2026-08-19

Prevalent AI raises $22m to fix the data problem behind failing AI projects

Prevalent AI, a London company that folds hundreds of scattered enterprise data sources into a single queryable graph, has raised $22m from Integrity Growth Partners. It is the first primary capital the business has taken in nine years of trading, which in the current market counts as an eccentricity. The company was founded in 2017 by […]<br /> This story continues at The Next Web [...]