Anthropic called on leading AI labs and governments to consider slowing or temporarily pausing frontier AI development, citing internal data showing that Claude now writes over 80% of code merged into…
Airbnb CEO Brian Chesky has launched a new, standalone AI lab to develop proprietary models focused on consumer-facing design and interaction, marking a strategic shift away from external AI providers…
Quantitative trading firm Jane Street is building and independently financing its own data center, signaling a major escalation in the race for compute power amid surging AI demand. The move follows a…
Nvidia’s net income surged 2,900% over three years, climbing from $4.37 billion in fiscal 2023 to $120 billion in fiscal 2026, driven almost entirely by AI demand. The chipmaker reported $58.321 billi…
Pinterest committed $4 billion to Amazon Web Services for cloud services through 2031, the largest infrastructure deal in the company's history, to power AI-driven visual search and personalization fo…
TRON DAO integrated with Dune Analytics' Model Context Protocol (MCP) server, enabling users to query stablecoin data on the TRON network using natural language through AI agents like Claude or Cursor…
Corporate spend management platform Ramp closed a $750 million Series F funding round on June 4, 2026, valuing the company at $44 billion. The round, led by ICONIQ, GIC, and the Ontario Teachers’ Pens…
Anthropic co-founder Daniela Amodei said the high cost of training AI models is pushing the company toward an initial public offering, speaking at the Bloomberg Tech conference in San Francisco. The c…
Canada launched its "AI for All" national strategy on June 4, committing CAD $2 billion over five years to build sovereign compute infrastructure and train one million students in AI literacy. The pla…
Micron Technology lost approximately $94 billion in market capitalization on June 4 after Broadcom's disappointing AI chip guidance triggered a sector-wide sell-off. Micron shares fell 7.7% in the com…
SpaceX has barred investors from Hong Kong and China from its planned $75 billion initial public offering, with underwriters Goldman Sachs and Morgan Stanley enforcing compliance under US Internationa…
Databricks CEO Ali Ghodsi announced June 4 that the $134 billion data and AI company plans to go public but will not do so in 2026, calling it a "terrible year to go public" due to an oversaturated IP…
San Francisco Federal Reserve President Mary Daly reported that artificial intelligence is driving measurable productivity improvements at specific companies and in select sectors, though economy-wide…
Google DeepMind researchers published a framework for managing human-AI task delegation, identifying five core requirements including dynamic capability assessment and structural transparency. The pap…
A bipartisan discussion draft from Rep. Lori Trahan (D-MA) and Rep. Jay Obernolte (R-CA) proposes a three-year federal preemption of state AI regulations while requiring top developers to disclose saf…
OpenAI launched its "Dreaming V3" memory architecture for ChatGPT on June 4, enabling the chatbot to maintain fresher, more continuous context across conversations. The upgrade, which prioritizes fres…
Goldman Sachs projects SpaceX's AI revenue will surge from $3.2 billion in 2025 to $322 billion by 2030, a 100-fold increase that underpins a $1.78 trillion valuation for the company's anticipated Nas…
SoftBank founder Masayoshi Son has committed approximately $87 billion to build AI data centers in France, marking a resurgence after his WeWork losses. Son also chairs the $500 billion Stargate AI in…
Willow, an Israeli startup founded by three former Wix engineers, raised $7 million in a seed round led by Hetz Ventures to build an identity and access management platform for autonomous AI agents. T…
Hudson River Trading Head of AI Iain Dunning warned that the exponential pace of AI progress is reshaping market predictions in ways that currently resemble gambling, with continuous investment potent…