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Google (GOOG.O) senior AI leader Jeff Dean, an early hire who led the company’s AI strategy for about 15 years, will leave to launch a public‑benefit AI company called Discovery Loop and serve as its CEO. The venture aims to automate complex, multi-s

2026-08-06

Google (GOOG.O) senior AI leader Jeff Dean, an early hire who led the company’s AI strategy for about 15 years, will leave to launch a public‑benefit AI company called Discovery Loop and serve as its CEO. The venture aims to automate complex, multi-step scientific and engineering tasks to accelerate technological advancement progress. Co‑founders include Google veterans Oriol Vinyals, Quoc Le and Sanjay Ghemawat; the four are among the world’s most-cited researchers and have driven advances in mathematics and protein-structure work. Their exits further intensify recent AI talent departures from Google.

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2026-08-05

Infineon said on Wednesday it expects revenue for the fiscal fourth quarter ended September of about €4.7 bln (US$5.4 bln), versus analysts' average forecast of €4.6 bln, driven by stronger demand and higher pricing for data-center chips. CEO Jochen

Infineon said on Wednesday it expects revenue for the fiscal fourth quarter ended September of about €4.7 bln (US$5.4 bln), versus analysts' average forecast of €4.6 bln, driven by stronger demand and higher pricing for data-center chips. CEO Jochen Hanebeck said demand for power solutions serving AI data centers remains robust and will continue to be the company’s primary growth driver. The upbeat guidance could ease concerns about the sustainability of the AI spending surge and competitive pressure. Investors have recently sold off chip names despite rivals Texas Instruments, STMicroelectronics and NXP Semiconductors raising profit forecasts; Infineon shares are up 69% year-to-date.
2026-08-05

CBS News reports Iran and Oman are negotiating a temporary plan to reopen the Strait of Hormuz that would waive transit and service fees for vessels.

CBS News reports Iran and Oman are negotiating a temporary plan to reopen the Strait of Hormuz that would waive transit and service fees for vessels.
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