A 269-page bipartisan AI bill proposed by Reps. Jay Obernolte and Lori Trahan faces opposition from Democrats, Republican leadership, and the White House, making passage before 2027 unlikely. The legi…
Economist Julian Jessop said weak productivity growth since the 2008 financial crisis has constrained economic expansion and living standards, but the AI revolution is poised to drive a new wave of gr…
SoftBank CEO Masayoshi Son revealed on June 5 that an AI model is now designing OpenAI’s next-generation system, based on direct conversations with OpenAI CEO Sam Altman and company engineers. Son sai…
Apple will unveil a complete overhaul of Siri at WWDC 2026 on June 8, transforming the voice assistant into a conversational AI chatbot with a dedicated app, conversational history, and multi-model su…
Hitachi and Intel announced a strategic partnership on June 5 to deploy AI, advanced computing, and digital infrastructure across manufacturing, energy, and mobility sectors. The collaboration, built …
SpaceX is targeting a $1.77 trillion valuation for its planned Nasdaq IPO in June 2026, aiming to raise approximately $75 billion in what could become one of the largest public offerings in history. M…
Nvidia's market capitalization has fallen below $5 trillion, reversing its recent milestone as the first public company to surpass that threshold amid the global AI boom. The decline signals a potenti…
J.P. Morgan analyst Rajat Gupta upgraded Tesla from Underweight to Neutral on June 5, raising the price target from $145 to $475. The upgrade reflects a shift in valuation thesis, with Gupta projectin…
The S&P 500 fell 2.64% on June 5, its worst single-day decline since October, as a broad sell-off in AI-related stocks dragged markets lower. The decline puts the index's nine-week winning streak at r…
Jacob Lauritzen, CTO of Legora, stated that AI tools have dramatically increased engineering productivity, shifting the primary bottleneck from code writing to code review. He predicted that AI code r…
Roughly 90 venture capital firms and money managers hold stakes in both OpenAI and Anthropic, creating a 42% overlap in OpenAI's investor base as the two AI rivals race toward public listings. Anthrop…
Illinois Governor JB Pritzker will pause new applications for the state's Data Center Investment Program starting July 1, 2026, halting a program that has granted nearly $1 billion in tax incentives. …
Nvidia and FPT Corporation released a dataset of 900,000 synthetic personas on June 5 to help AI models understand Vietnam’s language, culture, and demographics. The Nemotron-Personas-Vietnam dataset,…
AirTrunk, a hyperscale data center operator backed by Blackstone and CPPIB, announced plans to invest approximately $30 billion in Indian data centers by 2030, targeting the construction of over 5 gig…
Rob Arnott, founder of Research Affiliates, warned that upcoming IPOs from SpaceX, Anthropic, and OpenAI could create a prolonged drag on equity markets by diverting tens of billions of dollars from e…
Apple unveiled its artificial intelligence strategy at WWDC 2026 on June 8, featuring a redesigned Siri that will debut as a standalone chatbot app with enhanced context awareness and third-party AI m…
Switch, the Las Vegas-based data center operator taken private for $11B in 2022, is in talks to raise billions in fresh capital at a valuation exceeding $50B, driven by surging demand for AI infrastru…
Anthropic, the developer of the Claude AI model, proposed a structured, temporary pause on frontier AI development across the global industry on June 4, warning that AI systems are approaching the abi…
Giza Tech has returned all funds from its ARMA and Pulse autonomous agents to users' externally owned accounts as it sunsets the legacy products. The AI-powered DeFi protocol is consolidating its agen…
Nvidia CEO Jensen Huang announced at Computex 2026 that the company has increased its annual spending in Taiwan from $10-15 billion to $150 billion, reinforcing the island's role as the world's most s…