Frontier, the carbon removal initiative backed by Stripe, Alphabet, and Salesforce, raised $915 million in new funding commitments, bringing total pledges to $1.8 billion. The coalition added Anthropi…
US convertible bond issuance hit roughly $34 billion in the first four months of 2026, more than double the same period last year, with about half of the deals tied to AI companies. AI firms like Core…
Google unveiled a new $99.99 Home speaker with Gemini AI integration, its first standalone smart speaker in six years, aiming to compete with Apple and Amazon. The device features 360-degree audio and…
SandboxAQ, an Alphabet spinoff, secured $500 million from the US Department of Commerce's CHIPS Research and Development Office to use quantum-AI simulations for discovering alternative semiconductor …
Jack Hidary's SandboxAQ signed a definitive agreement with the U.S. Department of Commerce for a $500 million CHIPS Research and Development award to use AI to discover semiconductor materials. The aw…
Big Tech's capital expenditure on AI infrastructure is expected to reach $750bn this year, driven by Google, Meta, Amazon, and Microsoft, but physical constraints, rising costs, and lack of profitabil…
Epoch AI analysis reveals Microsoft, Amazon, Alphabet, Meta, and Oracle are increasing AI infrastructure spending by 70% annually while operating cash flow grows only 23%, potentially causing spending…
Kingboard Holdings plans to raise HK$11.77 billion (US$1.5 billion) by selling a stake in its subsidiary Kingboard Laminates Holdings to expand production capacity for circuit boards used in AI server…
HSBC announced a multi-year strategic partnership with Google Cloud to deploy artificial intelligence across its global operations, targeting roughly 200 new AI initiatives over two years, each expect…
The UK government partnered with Google DeepMind to develop Extract, an AI tool that digitizes housing planning documents in 40 seconds instead of two hours. Prime Minister Keir Starmer launched the p…
Developed market tech firms' CapEx-to-sales ratio hit a record 12%, the highest since the dot-com era, driven by a race to build AI infrastructure. The Magnificent Seven are leading the charge, with s…
JPMorgan raised its estimates for global AI and data center spending to at least $5 trillion by 2030, citing a surge in capital expenditures from hyperscalers and strong demand for high-yield data cen…
The combined market capitalization of the ten largest US-listed companies has reached approximately $25.3 trillion, surpassing China's nominal GDP of $20.85 trillion. Led by Nvidia, Apple, and Alphabe…
Corgi, a thematic ETF issuer, filed for a MANGOS ETF targeting AI leaders Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX, aiming to replace FAANG as Wall Street's favorite acronym. The fund would…
WPP Media raised its 2026 global advertising growth forecast to 8.9%, excluding US political ads, nearly two percentage points above its December projection of 7.1%. The revision, driven by stronger Q…
WPP Media forecasts global ad revenue will grow 8.9% in 2026, up from a previous estimate of 7.1%, driven by AI investments from top ad sellers like Alphabet, Meta, and Amazon. The report highlights A…
Meta launched AI Mode on Facebook on June 15, a search feature that generates AI responses from public posts across Meta's platforms, including Instagram and Threads. The feature, powered by Meta's Mu…
The European Commission ruled in April that Google's integration of Gemini into Android violates the Digital Markets Act, proposing measures to force Google to give rival AI services equal system-leve…
Nvidia announced a $20 billion bond offering on June 15, 2026, its largest-ever debt deal, to fund AI chip production and data center expansion. The offering, structured across seven tranches with mat…
Nvidia launched a $20 billion bond sale, its first since 2021, to raise funds for general corporate purposes including refinancing existing debt. The chipmaker is offering bonds in seven tranches with…