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Google’s Quantum AI founder and lead Hartmut Neven announced the company’s latest quantum chip, Willow. Willow offers high performance across several metrics, including two major achievements.

Meta and the Louisiana Economic Development (LED) announced a $10 billion artificial intelligence data center in northeast Louisiana. This investment solidifies the state's status as a central innovation hub and leader in the global digital revolution. The four million-square-foot data center, to be based in Richland Parish, will be Meta's largest in the world. Construction on the facility is expected to continue through 2030.

The assets managed by BlackRock has hit a record $10.65 trillion as of the second quarter due to an increase in client asset values. Investors also put in a significant amount of funds into the company’s exchange-traded funds (ETFs).

Amazon has completed its largest external investment in company history by placing a $2.75 billion tranche in Anthropic. Anthropic is one of the fastest-growing generative AI (GenAI) companies. It was founded by former OpenAI research executives and has built a chatbot called Claude, which competes against OpenAI/ChatGPT.