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On August 8, 2026, the technology sector saw a series of major developments.
Energy
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According to The Information on August 8, the chip giant plans to invest up to $3 billion (approximately 20.279 billion yuan) in power infrastructure developer Lancium to secure electricity resources needed for AI data centers.- Published on
The parent company of Truth Social announced Friday that it and Crypto.com mutually terminated plans for Trump Media Group CRO Strategy.- Published on
Tesla Megapacks are now actively supporting the Texas power grid at Ørsted’s newly commissioned Old 300 battery storage project.- Published on
Bitcoin miner MARA swung to a net loss of $611.3 million in the second quarter of 2026, reversing a year-earlier profit, as a 28% decline in the average price of Bitcoin more than offset the company’s highest quarterly production in over a year.