SK Hynix shares surged 12% on June 25, 2026, after the company filed plans to raise up to $29.4 billion through American depositary receipts on Nasdaq, nearly tripling its original target. The offerin…
Hang Ten Systems, a Palo Alto-based enterprise AI services firm founded by former Infosys CEO Vishal Sikka, raised $32 million in seed funding led by Mayfield with participation from Aramco Ventures. …
The White House helped Meta CEO Mark Zuckerberg and Google CEO Sundar Pichai avoid testifying at a Senate Judiciary Committee hearing on child safety scheduled for June 23, 2026, according to sources.…
SpaceX raised $75 billion in its June 12, 2026 IPO on Nasdaq, briefly reaching a $2 trillion market cap before a 32% pullback. The company acquired xAI earlier in 2026 to integrate AI into its space o…
Micron Technology's HBM4 memory chip is ramping production at twice the speed of its predecessor HBM3E, with full allocation for 2026. The company's fiscal Q3 2026 results crushed Wall Street estimate…
Louis Castricato, founder of Overworld, pivoted from large language model research to diffusion world models that generate real-time physical simulations on consumer hardware. The company raised $4.5 …
OpenAI endorsed the bipartisan DEFIANCE Act on June 24, becoming the first major AI company to support federal legislation that would allow victims of nonconsensual sexually explicit deepfakes to sue …
Cerebras Systems shares fell below their $185 IPO price to around $182 on June 24 after the AI chip designer issued disappointing earnings guidance, including a forecast for Q2 core gross margins of 3…
Micron Technology CEO Sanjay Mehrotra announced that the company expects meaningful product shipments from its newly acquired Taiwan fabrication site by mid-2027, ahead of previous projections. The $1…
Micron Technology reported fiscal Q3 2026 revenue of $41.5B and adjusted EPS of $25.11, crushing Wall Street estimates, and guided Q4 revenue of approximately $50B, well above the $43.2B consensus. Th…
Qualcomm stock surged over 13% after the chipmaker raised its fiscal 2029 non-handset revenue target to $40 billion, doubling its previous goal, with over $15 billion expected from its new AI data cen…
Qualcomm CFO Akash Palkhiwala told investors on June 24 that the company has an opportunity to grow annual revenue to $100 billion, up from the current $30-$40 billion range, driven by automotive, IoT…
Qualcomm announced Meta as its first major Big Tech customer for data center CPUs, signing a multi-generation strategic agreement centered on the Dragonfly C1000 chip designed for agentic AI workloads…
Qualcomm announced a target to grow data center revenue from $0.3 billion in fiscal 2026 to over $15 billion by fiscal 2029, driven by a multi-generation agreement with Meta and custom silicon deals w…
Qualcomm expanded its partnership with Hugging Face on June 24 to make over 3 million open AI models deployable across its hardware, including Snapdragon, Dragonwing, and Dragonfly platforms. The coll…
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, crushing Wall Street estimates by nearly $6 billion, driven by AI-fueled demand for memory chips. Adjusted EPS of $25.11 also beat …
SambaNova Systems, an AI chip startup, plans to raise $1 billion at a $10 billion valuation, a fivefold increase from its valuation four months ago. The surge reflects renewed investor interest in spe…
General Motors reported a 300% increase in merged pull requests after retooling its AI agent software, with nearly 90% of code from its autonomy team now AI-generated. The automaker's aggressive AI ad…
Anthropic disclosed that operators linked to Alibaba's ecosystem created over 24,000 fake accounts to generate more than 16 million interactions in a mass distillation attack targeting Claude's softwa…
Cape Verde goalkeeper Vozinha, 40, became a global sensation after a standout World Cup performance against Spain, growing his Instagram following from 50,000 to 15 million. Now a free agent after his…