Ford Motor Company rehired 350 veteran engineers after automated quality systems and AI tools failed to catch defects in vehicle parts, according to Bloomberg. Kumar Galhotra said the company had over…
OpenAI is considering delaying its initial public offering until 2027 to achieve a $1 trillion valuation, according to a Bloomberg report. The delay has caused SoftBank's shares to drop 13% and affect…
Germany is promoting artificial intelligence as a solution to its worker shortage, with over half of German firms now using or planning to use generative AI by year-end. A homebuilder cut invoice proc…
Austria's state secretary for digitalisation, Alexander Pröll, has formally asked the European Union to explore hosting US AI company Anthropic within the bloc, following a US Commerce Department orde…
Climate-driven heatwaves, storms, and water stress are raising operational and capital risks for large-scale AI data centers, with 79% of global capacity facing elevated acute climate hazard exposure.…
RBC BlueBay Asset Management expects a near-term correction in Japanese AI-related shares over the next two months, citing peak US hyperscaler spending growth and seasonal rebalancing. Portfolio manag…
Alphabet executed an $85 billion share sale and SpaceX completed a record $75 billion IPO, with aggregated AI capex estimates rising into the hundreds of billions for 2026. SpaceX bond paper losses wi…
China, India, and Hong Kong are the only major stock markets where top companies' share of market capitalization has declined over the past year, reflecting their lag in the global AI race. In China a…
Ford has rehired 350 veteran engineers, including former employees and supplier veterans, after AI and automated quality systems failed to meet expectations. The company's COO Kumar Galhotra said the …
Broadcom CEO Hock Tan said at the Bloomberg Tech conference that the company is prioritizing organic growth in AI over acquisitions, citing surging AI revenue. Broadcom expects its AI business could e…
NVIDIA raised $25 billion in investment-grade bonds on June 15, 2026, drawing $85 billion in orders, its first debt issuance since 2021. The company reported $216 billion in fiscal 2026 revenue and $4…
Employees at fintech firm Slash and consulting giant Accenture are burning through expensive AI tokens on trivial tasks like creating a meme-themed video game and converting PDFs to PowerPoints, expos…
Sam Ro argues against the common advice to ignore jarring headlines, stating that investors should instead confront bad news to build resilience and learn from past market downturns. He emphasizes tha…
TickerStar, a new AI-powered platform, scans SEC filings, official news releases, and earnings calls to deliver concise email alerts to investors within minutes. Built by a former sell-side equity res…
Chinese hedge funds are warning that the artificial intelligence market is a 'super bubble' poised to burst, according to a Bloomberg report. The funds caution that inflated valuations and speculative…
Apple vice president Paul Meade, who led the Vision Pro headset and smart glasses development, is leaving to join OpenAI's hardware team. The departure follows John Ternus' impending promotion to Appl…
A rapid sell-off in AI chip stocks this week exposed a roughly $270 billion speculation machine made up of leveraged positions, newly launched funds, and concentrated retail exposure, according to Blo…
The Commerce Department partially restored Anthropic's Mythos 5 access for about 100 trusted partners and federal agencies after a June 26 letter from Secretary Howard Lutnick revised license requirem…
Ford Motor Company rehired over 350 veteran engineers after its aggressive AI adoption strategy backfired, costing the company billions of dollars in quality issues. The automaker admitted that AI lac…
Apple's Vision Pro hardware chief Paul Meade is leaving the company to join OpenAI's hardware unit, where he will work on a family of AI-powered devices, according to Bloomberg. The move signals conti…