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…
Monterey Park, California, voters approved Measure NDC with 86.27% support on June 2, enacting the first citywide permanent ban on data center development in the United States. The prohibition, trigge…
Marvell Technology is poised for inclusion in the S&P 500 after its stock tripled in value in 2026, reaching a record close of $301.65 on June 4. The chipmaker, now valued between $254 billion and $26…
Securitize has integrated artificial intelligence as a core layer of its data architecture, using a dual-layer system that pairs an external generalist AI with an internal governance model rooted in i…
Travala launched its Travel MCP protocol on June 4, enabling autonomous AI agents to book hotel rooms across 2.2 million properties using gasless USDC payments on Coinbase's Base blockchain. The Binan…
Palantir Technologies announced a partnership with Google Cloud on June 4 at AIPCon 10 in Miami, establishing bidirectional data pipelines between Palantir Foundry and Google BigQuery and connecting P…
Whale Rock Capital Management CEO Alex Sacerdote projected at the Sohn Montreal investment conference on June 4 that Anthropic will reach 500 million users before its IPO, citing Claude's user growth …
SpaceX released a 17-minute video on June 4, directed by CFO Bret Johnsen, to market its upcoming IPO directly to retail investors. The company plans to allocate up to 30% of its projected $75 billion…
Foxconn and Intel announced a strategic partnership on June 4 in Taipei to jointly develop next-generation AI infrastructure, including data center systems, edge computing platforms, and custom chip s…
Rumble signed a $270 million multi-year cloud agreement with Together AI for dedicated GPU capacity powered by NVIDIA HGX Blackwell B300 systems, marking the video platform's largest customer commitme…
Google announced a $40 billion investment in Texas cloud and AI infrastructure through 2027, including the Meitner Energy Center in the Texas Panhandle. The facility pairs a new data center with over …
Nvidia CEO Jensen Huang made a four-day visit to South Korea from June 5 to June 8, appearing on a popular talk show and throwing a ceremonial first pitch at a baseball game to strengthen AI supply ch…
Broadcom shares fell 14-15% after the company reported fiscal Q2 2026 earnings on June 3, despite beating revenue and earnings estimates, as an unchanged full-year AI revenue target of $100B disappoin…
Generalist AI raised $400 million in a funding round led by Radical Ventures, achieving a $2 billion post-money valuation. The San Mateo-based robotics startup, which builds general-purpose AI models …
Hut 8 Corp. hired NextEra Energy veteran Mark Eidelman as Head of Investor Relations and Senior Vice President of Strategic Finance, effective June 4, 2026. The former J.P. Morgan banker, who managed …
Schneider Electric is raising €800 million through convertible bonds due 2034, with most proceeds used to retire existing debt and support its data center business. The energy management company, whic…
Bernstein initiated coverage of TeraWulf and Cipher Mining with Outperform ratings and price targets of $36 and $32, respectively, citing the companies' transition from Bitcoin miners to "power landlo…
Polymarket has launched "attention markets" in partnership with Kaito AI, enabling users to bet on social media metrics such as mindshare, sentiment, and tweet volumes, with over 152 active contracts …
Corporate spend management platform Ramp has achieved a $44 billion valuation after closing a $750 million Series F funding round led by ICONIQ, GIC, and Ontario Teachers' Pension Plan. The New York-b…
Palantir Technologies announced a multiyear partnership with law firm Kirkland & Ellis on June 4 to develop AI-powered tools for private equity fund formation, documentation, and management. The colla…