JPMorgan upgraded Tesla from Underweight to Neutral on June 5, raising its price target from $145 to $475, ending an eight-year bearish stance on the stock. The upgrade, led by new analyst Rajat Gupta…
Hon Hai Precision Industry, known as Foxconn, posted a 34% year-over-year revenue increase for the April-to-May 2026 period, reaching NT$1.69 trillion ($53.6B), driven by surging demand for Nvidia-pow…
The University of Cambridge and biotech firm DIOSynVax Ltd announced on June 5 that a Phase I clinical trial of 39 healthy volunteers showed their AI-designed vaccine is safe, well-tolerated, and trig…
Convalt Energy signed a $6.2 billion agreement with Lesotho’s Ministry of Energy on June 4 to build a 1,200 MW hydropower plant and AI data center in the Mokhotlong District. The Kobong Hydropower and…
AirTrunk, a Blackstone-backed hyperscale data center operator, announced it will invest over $30 billion in India by 2030 to build more than 5 gigawatts of AI-ready data center capacity across multipl…
Anthropic co-founder Jack Clark warned that the AI industry lacks a mechanism to slow down its rapid advancement, comparing the situation to having a gas pedal but no brake pedal. Clark noted that Ant…
Japan's Ministry of Economy, Trade and Industry proposed on June 5 a draft policy to replace 11 to 14 aging nuclear reactors by the 2050s, marking the first explicit numerical targets for reactor rebu…
Tencent appointed former OpenAI researcher Yao Shunyu, 27, as Chief AI Scientist in December 2025 to lead the company's push toward artificial general intelligence. The Chinese tech giant will double …
Taiwan Semiconductor Manufacturing Co. is reinforcing its "silicon shield" strategy with a $250 billion US investment deal set for January 2026, while keeping its most advanced 2nm chip production in …
Nvidia CEO Jensen Huang announced the recruitment launch for a new research and development center in South Korea during a visit around June 5, 2026, marking the chipmaker's first publicly recognized …
Comfy UI CEO Yoland Yan announced that the platform’s node-based interface provides precise control and reproducibility for AI image generation, positioning it as an industry-standard tool adopted by …
Mira Murati, former OpenAI CTO, broke an 18-month public silence on June 4 at Bloomberg Tech 2026 in San Francisco to unveil the roadmap for her AI startup, Thinking Machines Lab. The company, which s…
Apple's current success remains driven by iPhone sales, with artificial intelligence not yet significantly impacting the company's business, according to Ranjan Roy, cofounder of Margins. Roy said the…
Amundi, Europe’s largest asset manager overseeing €2.4 trillion, predicts Asia’s AI-driven stock rally will continue, citing strong earnings and reasonable valuations in South Korean and Taiwanese tec…
Mercor CEO Brendan Foody stated that AI models have become the core product, making software defensibility increasingly difficult, and that hiring top AI researchers can cost tens of millions of dolla…
Broadcom CEO Hock Tan announced on June 5 the company is shifting from its acquisition-heavy strategy to organic growth, driven by surging AI demand. The semiconductor giant reported roughly $20 billi…
Meta Chief AI Officer Alexandr Wang announced at the Bloomberg Tech conference on June 5 that health capabilities will be the key differentiator for Meta's next-generation AI models, moving beyond raw…
Goldman Sachs projects SpaceX's AI division revenue will surge from $3.2 billion in 2025 to $322 billion by 2030, a 100-fold increase that would make AI the company's dominant business line. The inves…
Huawei announced a chip design framework called LogicFolding and a theoretical scaling principle, projecting transistor density equivalent to 1.4-nanometer processes by 2031 despite US export controls…
Apollo Global Management and Blackstone Inc. have finalized a $35 billion funding deal to support Anthropic’s expansion in AI infrastructure, including computing and data centers. The investment aims …