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European AI firms surge as US tech frenzy spreads globally

European AI companies are seeing strong market gains while the United States' AI boom expands worldwide, according to recent coverage. The trend highlights a shift of investor focus toward a limited set of European AI plays.

Also developing:

  • Google embeds Gemini AI across Android to outpace Apple’s upcoming AI features
  • New Linux LPE flaw 'Fragnesia' exposes kernel write risk
  • Molecular blood tests aim to replace invasive biopsies for heart‑transplant patients

By the numbers: Havoc raises $100M Series A to advance all‑domain autonomous systems

eBay board rebuffs GameStop's $56 billion unsolicited takeover bid

The eBay board, led by Chairman Paul Pressler, turned down GameStop CEO Ryan Cohen's $56 billion offer, citing concerns over financing, leverage and governance. The rejection sets the stage for a potential shareholder appeal or proxy fight.

Also developing:

  • Prefer raises over $6 million to scale rice‑and‑chickpea coffee extenders
  • U.S. Defense Department invests $400 million in MP Materials for rare‑earth supply chain
  • Coastline Wealth adds 18 advisory teams, boosting assets by $1.7 billion

By the numbers: Eutelsat completes $5.4 billion refinancing to fund LEO satellite growth

Cerebras Files $4.8Billion IPO as AI Chip Demand Soars

Cerebras Systems announced a revised IPO of 30 million shares priced between $150 and $160, targeting roughly $4.8 billion in proceeds and a post‑IPO valuation near $48 billion. The filing follows a 20‑times oversubscription and new cloud contracts with Amazon and OpenAI.

Also developing:

  • Mortgage rates jump to highest level since March on hotter inflation reports
  • Fed's Collins says rate hikes may be needed to quell inflation
  • Arthur Hayes backs Hyperliquid and Zcash as top $1,000 crypto picks

By the numbers: U.S. Treasury raises $58B via 3-year note auction

CBO projects $1.2 trillion cost for Pentagon’s Golden Dome missile‑defense program

The Congressional Budget Office estimates the Golden Dome system will cost about $1.2 trillion over 20 years, far exceeding the Pentagon’s own 10‑year $185 billion projection. A space‑based layer of 7,800 satellites accounts for roughly $743 billion of the total.

Also developing:

  • IEA warns global oil supply will fall short of demand in 2026 amid Iran war
  • Konami’s Silent Hill remakes sell over 8 million copies combined
  • Anthropic expands Claude into full‑stack legal‑tech ecosystem

By the numbers: Saudi fund, Kushner firm face Canadian pushback on $55B EA takeover

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