AI news on August 2, 2026

1. 0109:30 UTC

   Market turmoil follows Chinese chip developments, reports say

   2 outlets · first: aol.co.uk AI models

   Machine summary According to the reports, AI-linked shares fell around the world before rebounding.

   1. CXMT floated on the Shanghai stock market and soared by 466% in value to 3.3tn yuan (£365bn), according to the reports
   2. The Kospi jumped nearly 20% the next day after strong financial results from Amazon and Microsoft, the reports say

   Reported by aol.co.uk and The Guardian.

   • Amazon
   • Microsoft
   • CXMT

2. 0221:20 UTC

   Meta reports higher revenue and raises 2026 capex guidance

   2 outlets · first: fool.com Earnings

   Machine summary Meta Platforms reported second-quarter revenue of $60.8 billion, up 28% year over year, and said it now expects 2026 capital expenditures of $130 billion to $145 billion, according to a report on its quarterly earnings. The report said Meta declined to give a 2027 capex forecast.

   1. Meta's Q2 revenue rose 28% year over year to $60.8 billion, according to the report.
   2. Meta's Q2 EPS fell 13% to $6.18, the report said.
   3. The report states that Meta's projected 2026 capital expenditures now stand at $130 billion to $145 billion, above its earlier forecast range of $125 billion up to $145 billion.
   4. When questioned, Meta would not provide a 2027 capital spending projection, yet according to the report, it stated that its intention is to maximize capacity during both this year and next.
   5. Meta's advertising revenue climbed 27% to $59.4 billion, while Reality Labs revenue rose 16% to $431 million, according to the report.

   Reported by fool.com and finance.yahoo.com.

   • Meta
   • Reality Labs

3. 0323:00 UTC

   Inventor says centaur-style robot drew millions of views online

   2 outlets · first: wcvb.com AI research

   Reported by wcvb.com and wdsu.com.

4. 0410:45 UTC

   OpenAI chief meets White House on AI safety framework

   1 outlet · first: mainemirror.com (Big News Network) AI models

   Machine summary The chief of OpenAI met with the White House to discuss an AI safety framework, according to reports.

   1. The chief of OpenAI met with the White House.
   2. The meeting concerned an AI safety framework, according to reports.

   Reported by mainemirror.com (Big News Network) and russiaherald.com (Big News Network).

   • OpenAI
   • White House

5. 0521:39 UTC

   SpaceX added to Nasdaq-100 as stock falls 25% since July 7

   1 outlet · first: fool.com

   Machine summary SpaceX was officially added to the Nasdaq-100 on July 7 after rules were changed to fast-track its addition, according to a report. Since then, the report states, SpaceX stock is down 25%, the Nasdaq-100 is down 7%, and the S&P 500 is down 2%.

   1. Since the addition, SpaceX stock is down 25%, the Nasdaq-100 is down 7%, and the S&P 500 is down 2%, the report states.
   2. SpaceX raised $86 billion in its initial public offering after underwriters exercised their overallotment, the report states, bringing its total value at IPO to $2 trillion.

   Reported by fool.com.

   • SpaceX

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.