Meta Platforms plans to construct a one-gigawatt AI data centre in Alberta, supported by a new natural gas-fired power facility. The project is expected to create over 3,000 construction jobs and 300 permanent positions.

SK Hynix has closed bookbuilding for its ADR offering, which seeks to raise capital to expand high-bandwidth memory production and fund new facilities.

Samsung Electronics and SK Hynix shares fell as investors questioned the sustainability of AI-related infrastructure spending and memory chip demand.

Chinese officials are exploring potential restrictions on international access to advanced AI models to protect proprietary technology and national security. The proposed measures could impact the availability of models such as Alibaba’s Qwen and ByteDance’s Doubao.

Chinese officials are consulting with tech firms like Alibaba and ByteDance regarding potential policies that could classify advanced AI as national assets. These measures may introduce security reviews and export controls on future proprietary models.

A spike in capital goods imports and a decline in outbound shipments pushed the U.S. trade deficit to its highest level since March 2025. Economists warn the widening gap could act as a significant drag on second-quarter GDP growth.

Global markets experienced a downturn on July 7, 2026, as sharp declines in AI-linked stocks and geopolitical tensions in the Middle East pressured indices. Major U.S. and international exchanges retreated amid investor concerns over tech valuations and rising 10-year Treasury yields.

Broadcom shares climbed following a new agreement to provide silicon products to Apple, boosting the S&P 500. Meanwhile, the administration introduced new investment accounts for children under 18.

The Kospi index rose on Monday as investors shifted focus toward semiconductor manufacturers, bolstered by positive sentiment surrounding chipmaker sales.

Automated triage will be phased into the NHS App to direct patients toward appropriate care settings. The initiative is part of a broader £10bn effort to upgrade the health service's digital infrastructure.

The NHS is launching an AI-powered triage tool within its app to help direct patients to the most appropriate service and manage demand for GP appointments. This initiative is part of a broader £10 billion investment in health service technology and data systems.

A nearly 20% drop in the Silicon Data LLM Token Expenditure Index suggests that cost-sensitive users are tightening usage as the gap between investment and sales widens.

Tesla shares fell sharply despite exceeding quarterly delivery targets as investors reevaluate the company's valuation tied to AI and autonomous technology.

OpenAI CEO Sam Altman has discussed a proposal to allocate a 5% equity position in the company to the U.S. government to help share the upside of AI.