Softbank CEO Masayoshi Son dismissed Elon Musk's idea of building AI data centers in space, arguing that the high cost and long timeline make it impractical. Son emphasized that Softbank is focused on…
Global AI revenue outside China reached $25 billion in Q1 2026, surpassing the estimated $21 billion in annualized depreciation costs for chips and data centers for the second straight quarter, accord…
Technology businesses face increasing disruption from waves like the internet, cloud, mobile, and AI, which have created giants and destroyed industries. The author advises leaders to ask four questio…
Japan Prime Minister Sanae Takaichi unveiled a 370 trillion yen ($2.3 trillion) public-private investment roadmap through 2040, with 101.6 trillion yen allocated for AI and semiconductors. The plan ta…
Bank of Japan Governor Kazuo Ueda said surging AI-related exports are cushioning Japan's economy from the impact of crude oil prices above $100 per barrel, driven by US-Iran tensions. The AI boom is o…
Dutch Trade Minister Sjoerd Sjoerdsma visited Washington to oppose the MATCH Act, a bill that would bar Chinese chipmakers from accessing Western semiconductor equipment, hitting ASML especially hard.…
Samal Bekmaganbetova published a guide on meeting minutes templates, emphasizing that 54% of employees leave meetings unclear about next steps and that U.S. businesses lose $375 billion annually to un…
Anthropic sent a letter to U.S. senators and White House officials alleging that Alibaba's AI lab used 25,000 fraudulent accounts and 28.8 million exchanges to illicitly access and distill Anthropic's…
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion and adjusted EPS of $25.11, crushing Wall Street estimates by 16% and 22% respectively, driven by insatiable demand for high-bandwid…
US investment-grade bond issuance hit a June record of $175 billion, driven by Nvidia and SpaceX's $25 billion bond sales each, as technology companies borrow heavily to fund AI infrastructure. The su…
Online spending across all US retailers hit $8.3 billion on the first day of Amazon Prime Day, beating Adobe's estimate of $7.9 billion. Adobe expects total online spending to reach $26.3 billion over…
Bloomberg reports that the largest cloud and hyperscale companies have pushed their total future data-center lease commitments above $850 billion, driven by new deals from Meta and Microsoft. Meta add…
Meta and Microsoft are leading a surge in data-center lease commitments among big tech firms, pushing total future obligations past $850 billion. Meta added $79 billion in the first quarter to reach $…
Two of Apple's biggest Chinese suppliers, Luxshare Precision and Lingyi iTech, are racing to raise billions in Hong Kong to pivot from smartphone parts to AI hardware and humanoid robots. Luxshare is …
Amazon seller Jack Nekhala reported to Amazon that a woman offered to bribe an employee to unfreeze $90,000 in funds, providing evidence of an international black market for inside access. Amazon ackn…
Seth Klarman, CEO of Baupost Group, warned investors face vulnerability as massive IPOs from SpaceX, OpenAI, and Anthropic drain capital from markets at a dangerous pace. The cautious investor argued …
Defense-factory startup Hadrian Automation is in talks to raise up to $1 billion at a $7.5 billion valuation, according to Bloomberg, though the company denies the report. The potential round would mo…
Micron Technology Inc is set to report third-quarter earnings on Wednesday, with Wall Street expecting revenue of $35.5 billion, a 281% year-over-year increase, driven by surging demand for memory chi…
Chinese AI lab Zhipu is considering a multibillion-dollar share sale in Hong Kong after its stock surged roughly 2,000% since January, pushing its market value above HK$1 trillion. The rally follows t…
Globala investerare fokuserar på Micron Technologys rapport på onsdagen efter att techaktier fallit kraftigt, med Nasdaq ned 2,2 procent och Micron rasat över 13 procent. Analytiker varnar för att en …