AI News: 26 July 2025 - 2 August 2025

AI Stocks Soar Amid Blockbuster Earnings, Massive Chip Deal, and Global Tech Alliances

AI Stocks Soar Amid Blockbuster Earnings, Massive Chip Deal, and Global Tech Alliances

Key Developments in AI Stock News (July 27–28, 2025) Market Outlook: AI Front and Center With AI the “future of technology” driving corporate fortunes reuters.com, markets worldwide remain laser-focused on the sector. Global investors are bracing for an “action-packed week” ahead reuters.com:
July 28, 2025
Bitcoin Near $120K, Altcoins Soar as New Crypto Law Sparks Market Frenzy – July 27–28, 2025 Crypto Roundup

Bitcoin Near $120K, Altcoins Soar as New Crypto Law Sparks Market Frenzy – July 27–28, 2025 Crypto Roundup

The GENIUS Act was signed into law by President Donald Trump, marking the first major federal crypto legislation in the United States. The GENIUS Act requires 1:1 backing with dollars or Treasuries for stablecoins and bans interest on regulated stablecoins, with federal
July 28, 2025
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Technology News

  • House set to vote on SPEED Act to reform AI infrastructure permitting
    December 16, 2025, 5:00 PM EST. Big Tech giants including OpenAI, Meta, and Microsoft are backing the SPEED Act to streamline federal permitting for AI infrastructure and semiconductor projects in the United States. The House advanced the bill 215-209 in a procedural vote, with a final vote possible later this week. Proponents argue the reform would blunt NEPA reviews and help the U.S. keep pace with China in AI development, ease aging grid strain from energy-intensive data centers, and accelerate AI infrastructure construction. Critics from environmental advocates warn about reduced protections. Democrats and Republicans alike point to bipartisan sponsorship from Bruce Westerman and Jared Golden. The outcome could influence the pace of AI infrastructure expansion and the U.S. technology leadership race.