NVIDIA Takes Warrants for $500m in Corning Stock as Fibre-Optics Partnership Goes Structural
Nvidia has secured equity‑linked warrants worth roughly $500 million in fibre‑optics maker Corning. The deal gives Nvidia a traditional warrant for up to 15 million shares at $180 each and a pre‑funded warrant for an additional 3 million shares. In return, Corning will build three new U.S. plants, boost optical‑connectivity capacity tenfold and create more than 3,000 high‑paying jobs. The announcement lifted Corning’s stock about 14 percent.
Chinese Chamber of Commerce Puts a $432bn Price Tag on the EU’s Cybersecurity Overhaul
The China Chamber of Commerce in the EU commissioned KPMG to estimate the cost of the European Commission’s revised Cybersecurity Act, which would force the removal of Chinese suppliers from 18 critical sectors. The study puts the price tag at...
Hut 8 Signs a 15-Year, $9.8bn Lease for the First Phase of Its Texas AI Data Centre
Hut 8 announced a 15‑year lease for the first phase of its Beacon Point AI data‑centre in Texas, valued at $9.8 bn for 352 MW of IT capacity. Including a prior River Bend lease, the company now has 597 MW of contracted AI capacity...
LiveEO Raises €28m to Take Its Civil-Infrastructure Satellite Stack Into European Defence
LiveEO, the Berlin‑based Earth‑observation firm, announced a €28 million (≈$30 million) first‑close funding round, adding defence‑focused venture fund Helantic and the European Innovation Council to its existing deep‑tech backers. The capital follows a €25 million (≈$27 million) Series B raised for climate‑risk and civil‑infrastructure services....
Ametek to Buy Indicor’s Instrumentation Businesses for $5bn, the Largest CD&R Partial Exit of 2026
Ametek announced a $5 bn acquisition of Indicor’s test‑and‑measurement businesses, representing roughly half of the 16‑brand portfolio. The transaction values the assets at a 12‑14× EBITDA multiple, positioning it as one of the strongest mid‑market private‑equity exits of 2026. CD&R, which...
Every Government Has an AI Strategy. Dubai Just Gave Its Private Sector a Deadline.
Dubai’s Crown Prince Sheikh Hamdan has issued a two‑year mandate requiring the emirate’s entire private sector to adopt agentic AI, with training tracks, incubators, and dedicated investment funds run by the Dubai Chamber of Commerce. The move builds on a...
Apple Spent a Decade Waiting for Developers to Build Wallet Passes. Now It Is Letting Users Build Their Own.
Apple is adding a “Create a Pass” tool to iOS 27 Wallet, allowing users to turn any QR code into a custom digital pass. The feature offers three templates—standard, membership and event—and lets users edit colors, images and text. After fourteen...
A Crypto VC Raised $1 Billion to Fund AI Agents. The Bet Is that Finance, Not Models, Is What They...
Katie Haun has secured $1 billion for two Haun Ventures funds, split between early‑stage and later‑stage capital, to back crypto firms and AI‑agent financial infrastructure. The thesis argues that autonomous software will need regulated financial plumbing before better models, and firms...
Why Removing Humans From Care May Undermine Outcomes
The digital‑health hype promises AI‑driven care that cuts costs, expands access and improves outcomes, but Avena Health’s experiment shows the opposite when human clinicians are removed. After fully automating its nutrition platform, active user retention plunged to just two percent...
Space Weather Could Cost the Satellite Industry $40 Billion in a Single Storm. A 15-Person Startup Is Building the Forecast.
A single geomagnetic storm could cost the satellite industry $40 billion. Mission Space, a 15‑person startup, is building a 24‑sensor ZOHAR constellation to deliver high‑resolution, real‑time space‑weather data, launching its fourth payload on HEX20’s Maya‑V1 rideshare. The space‑weather forecasting market is...
STMicroelectronics Targets More than $3bn From Space, Riding the Satellite Constellation Boom
STMicroelectronics announced it expects its low‑Earth‑orbit (LEO) semiconductor business to generate more than $3 billion in cumulative revenue between 2026 and 2028. The unit grew from $175 million in 2021 to about $600 million in 2025 and is projected to near $1 billion by...
The US Has Banned the World’s Best Drones. It Has Not Figured Out How to Make Them.
The FCC’s December 2025 decision automatically placed DJI on the Covered List, halting imports of new DJI drones that command roughly 80% of the U.S. consumer and commercial market. In response, Skydio unveiled a $3.5 billion, five‑year SkyForge program to build a...
Every AI Company Now Wants to Ride Shotgun. The Car Dashboard Is Becoming the Last Screen that Matters.
Apple’s iOS 26.4 update lets third‑party AI chatbots run natively on CarPlay, opening the car dashboard to competitors like ChatGPT, Perplexity, Claude, Gemini and soon xAI’s Grok. CarPlay is already on over 800 million iPhones and in 98% of new U.S. vehicles,...
Planet Labs Is Not Selling Satellite Images. It Is Selling a Subscription to Watch the Entire Planet Change in Real...
Planet Labs launched three new Pelican high‑resolution satellites on May 3, expanding its fleet to nine and moving toward a 32‑satellite constellation capable of up to 30 daily revisits at 30 cm resolution. The company now sells subscriptions to a continuously refreshed,...
The EVs America Is Losing in 2026 Are Not Failing. They Are Being Tariffed Out of Existence.
In 2026 a wave of electric‑vehicle models vanished from the U.S. market, including Tesla’s Model S and Model X, Honda’s entire 0 Series, Volvo’s EX30, BMW’s i4 and iX, and several Hyundai and Kia EVs. The exodus stems not from technical failure but...
Y Combinator Built Its Empire on Software. Its Latest Investment Thesis Says the Garage Is No Longer Enough.
Y Combinator’s Summer 2026 Request for Startups expands to 15 categories, with eight demanding hardware, capital or both, ranging from AI‑powered agriculture robots to lunar‑regolith manufacturing and semiconductor‑supply‑chain software. The shift marks a strategic pivot from its historic software‑only focus to...
The Company that Built TikTok’s Algorithm Is Now Designing Drugs for Diseases Pharma Called Undruggable
ByteDance’s Anew Labs showcased its first AI‑designed therapy, a small‑molecule inhibitor of IL‑17, at the American Association of Immunologists meeting in Boston. The molecule targets a protein‑protein interaction long deemed undruggable, suggesting generative AI can breach a major pharmaceutical barrier....
Why a Canadian Bank Is Trying to Predict Earthquakes with Quantum Computers
Bank of Montreal (BMO) has filed a provisional patent on a quantum algorithm aimed at seismic forecasting and launched the BMO Institute for Applied Artificial Intelligence & Quantum. The institute consolidates AI and quantum research, backed by partnerships with Quantum...
Trump Is Breaking the Turnberry Deal over Cars. Semiconductors Are Next in Line.
President Trump announced a 25% tariff on EU cars and trucks, up from the 10% rate applied after a February Supreme Court ruling, accusing the bloc of vague non‑compliance with the Turnbird Agreement. The 2025 agreement capped U.S. tariffs on...
The Venture Fund that Spent $4.6 Billion in a Year Just Raised $6 Billion More
Founders Fund closed a $6 billion growth fund on May 1, its largest ever, after spending its previous $4.6 billion vehicle in under twelve months. The prior fund wrote an average $600 million check to just seven AI‑focused companies, including $1.25 billion in Anthropic and...
Australia’s $22 Billion Answer to the Question the Hormuz Crisis Asked
Australia’s reliance on imported refined fuel was laid bare when the Strait of Hormuz closed in March 2026, exposing it as the most fuel‑vulnerable developed economy. In response, the Albanese government launched a A$22.7 billion (~$15 bn) “Future Made in Australia” programme aimed...
The Clause that Lets Netflix Raise Your Price Might Not Be Legal in Europe
Netflix faces a €673 million ($727 million) lawsuit in the Netherlands alleging its price‑increase clause violates EU Directive 93/13 on unfair contract terms. The claim follows an Italian court ruling that declared every Netflix price hike from 2017 to 2024 unlawful, with similar...
Exclusive: Synaps Raises $3.6M to Build an AI Design Canvas for Architects that Could Challenge AutoCAD
Synaps, a Vienna‑based AI design startup, announced a $3.6 million pre‑seed round led by Plug and Play, with participation from Fil Rouge Capital. The platform, described as a blend of Figma’s collaborative canvas and Lovable’s prompt‑driven generation, now has 60,000 users,...
LG Electronics and Nvidia Are in Talks on Robotics, AI Data Centres, and Mobility
LG Electronics confirmed exploratory talks with Nvidia to collaborate on robotics, AI‑powered data‑center cooling, and automotive mobility solutions. The discussions follow Nvidia senior director Madison Huang’s visit to LG’s Seoul headquarters and align with both firms’ strategic pushes into physical‑AI....
China Threatens the EU with Broad Retaliation if Huawei and ZTE Are Banned From European Networks
China’s Ministry of Commerce submitted a 30‑page warning to the European Commission, saying the EU’s draft Cybersecurity Act – which would make the removal of high‑risk vendors like Huawei and ZTE mandatory – could trigger reciprocal trade restrictions on European...
South Africa Used AI to Write Its AI Policy. The Citations Were Fake.
South Africa’s Communications Minister Solly Malatsi withdrew the draft national AI policy after News24 uncovered six fabricated academic citations among its 67 references. The policy, approved by Cabinet in March and released for public comment in April, proposed a multi‑regulator...
The Founder of Scholly Sold His Scholarship App to Sallie Mae. He Says They Fired Him for Asking Why They...
Sallie Mae bought scholarship‑matching app Scholly in 2023, gaining access to its five million users. Founder Christopher Gray has filed a Delaware lawsuit and an SEC whistleblower complaint, alleging he was fired after warning the acquirer about selling users' personal...
Google Signed the Pentagon’s Classified AI Deal and Walked Away From Its Drone Swarm Contest on the Same Day.
Google confirmed a classified contract that gives the Pentagon API access to its Gemini AI models for any lawful government purpose, despite a petition signed by more than 580 employees urging the company to refuse. The agreement includes advisory guardrails...
Amazon Tried Selling Office Software and Failed. Now It Is Betting that Office Software Itself Is Obsolete.
Amazon Web Services unveiled a trio of AI‑driven business applications—Connect Decisions for supply‑chain optimization, Connect Talent for autonomous hiring, and the already‑launched Connect Health—signaling a strategic pivot from pure cloud infrastructure to enterprise software. The suite targets frontline operations and...
OpenAI’s Models Are Now Available Everywhere. The Question Is Whether Everywhere Is Enough.
Amazon Web Services announced it will sell OpenAI’s models through its Bedrock marketplace, ending Microsoft’s three‑year exclusive reselling rights. The move caps a restructuring that began with Amazon’s up to $50 billion investment in OpenAI’s $110 billion funding round and a $100 billion,...
True Anomaly Raised $1 Billion to Build Weapons for a Programme the Pentagon Has Not Committed to Building
True Anomaly, a Colorado startup focused on autonomous spacecraft for orbital combat, closed a $650 million Series D round, bringing total capital raised to $1 billion and valuing the company at $2.2 billion. The funding arrived days after the U.S. Space Force named the...
Google DeepMind to Open Its First AI Campus in the World in Seoul
Google DeepMind announced its first dedicated AI campus will open in Seoul by 2026, following a memorandum of understanding signed by CEO Demis Hassabis and South Korea’s Ministry of Science and ICT. The campus will host at least ten engineers...
The World’s Largest EV Battery Maker Is Raising $5 Billion in Hong Kong
China's CATL, the world’s largest EV battery maker, is launching a Hong Kong follow‑on to raise up to $5 billion, the biggest share sale in the market in about four years. The company’s Hong Kong shares have surged 160% since the May 2025 secondary...
OpenAI Knew. It Chose Not to Call the Police. Now Sam Altman Is Sorry.
Sam Altman publicly apologized to the Tumbler Ridge community after OpenAI failed to notify police about a ChatGPT user who was flagged in June 2025 for discussing gun‑violence scenarios. Internal reviews recommended reporting the threat, but leadership applied a higher...
The US Wants to Cut Off China’s Chip Equipment. China Says the Supply Chain Will Break for Everyone.
The U.S. House Foreign Affairs Committee advanced the MATCH Act, compelling the Netherlands and Japan to align DUV lithography export restrictions with U.S. rules within 150 days, effectively cutting off ASML’s remaining sales and service to Chinese fabs. China’s Ministry...
The AI Rally Looks Like the Dot-Com Bubble. The Companies Do Not.
The S&P 500’s Shiller CAPE ratio has climbed to 38‑40, the second‑highest level in 155 years and only behind the dot‑com peak of 44.19. At the same time, the ten largest stocks now own roughly 38% of the index, a concentration about...
Oracle Needed the World’s Biggest Bond Fund to Finance the World’s Biggest Data Centre
Oracle closed a $16.3 billion financing for a Michigan data‑centre campus, the largest single‑facility technology debt package ever assembled. PIMCO anchored roughly $10 billion of the bond tranche after U.S. banks withdrew, citing doubts about AI infrastructure demand. The deal is part...
Porsche Built One of the Best Electric SUVs Ever Made, and Does Not Expect the World to Buy Enough of...
Porsche unveiled the Cayenne Coupe Electric, a 1,139‑hp, 0‑60‑mph‑in‑2.4‑seconds SUV built on the 800‑volt Premium Platform Electric shared with Audi. The model launches at $113,800 for the base trim and tops out at $168,000 for the Turbo, offering up to...
The Stanford Professor Behind an FDA-Cleared Cardiac AI Wants $1 Billion for His Next Company
Stanford associate professor James Zou is reportedly raising about $100 million at a $1 billion target valuation for his new startup Human Intelligence, which will apply AI across the entire biomedical discovery pipeline. Zou’s portfolio includes the FDA‑cleared cardiac‑AI EchoNet, a Nature‑published...
Securing the Future of AI: How Tresor Lisungu Oteko Is Bridging Cloud Systems and Post-Quantum Security
Artificial intelligence is outpacing the security frameworks that protect it, creating a critical gap for enterprises deploying AI at scale. Tresor Lisungu Oteko, a Subject Matter Expert Lead at AWS Marketplace, is addressing this gap by integrating security directly into...
High Gas Prices Are Not Saving Tesla. They Are Just Slowing the Bleeding.
U.S. gasoline prices topped $4 a gallon in April, a 30% year‑over‑year rise driven by the Iran conflict and supply disruptions. Tesla reported Q1 2026 deliveries of 358,023 vehicles, a 6% increase versus the prior year quarter but 7,600 units below...
SoftBank Wants to Borrow $10 Billion Against Its OpenAI Stake. The Spread Tells You What the Banks Think.
SoftBank is negotiating a $10 billion margin loan backed by its roughly 13% stake in OpenAI, priced at SOFR + 425 bps (about 7.9% annual). The facility would sit on top of a $40 billion bridge loan secured in March, pushing SoftBank’s total debt to...
White House Accuses China of Industrial-Scale AI Model Distillation, Commits to Intelligence Sharing with OpenAI, Anthropic, Google
The White House Office of Science and Technology Policy issued a memo accusing China of running "industrial‑scale" AI model distillation campaigns that siphon capabilities from U.S. frontier models. OpenAI and Anthropic have documented millions of illicit queries and tens of...
Microsoft Offers Voluntary Retirement to 7% of US Workers in First-Ever Buyout Programme Amid $80B AI Spending Push
Microsoft announced its first-ever voluntary retirement program, offering about 7% of its U.S. workforce—roughly 8,750 employees—an exit package based on a “Rule of 70” (age plus years of service ≥ 70). The offer, aimed at senior‑director level and below and excluding sales incentive...
Claim Clarity on the Role of Specialized AI in Advancing Workers’ Compensation Decision Precision
Claim Clarity, a workers’ compensation AI specialist, says domain‑specific AI can speed and sharpen claim decisions. Providers spent over $25 billion on claim adjudication in 2023, with nearly 70% of denied claims eventually approved after multiple reviews, highlighting inefficiencies. AI adoption...
From Enterprise IT to Entrepreneurship: How Kostiantyn Gitko Is Building Tech Businesses Across Global Markets
Former enterprise CTO Kostiantyn Gitko founded Devox Software after years leading large‑scale IT operations in Ukraine. Leveraging his experience with reliable infrastructure, Devox now employs more than 120 specialists and delivers structured, scalable solutions to clients across the United States...
OpenAI’s ChatGPT Ads Just Went Cost-per-Click, and the AI Advertising War Has Its Battle Lines
OpenAI has switched ChatGPT ads from a cost‑per‑thousand‑impressions model to cost‑per‑click, allowing bids of $3‑$5 and cutting the minimum spend to $50,000. The change follows a rapid drop in CPM rates from $60 to as low as $25, which made...
Bond Wants AI to Cure Your Doomscrolling, Then Monetise Your Memories
Bond, a new "post‑feed" social network founded by ex‑Index Ventures partner Dino Becirovic and former Google DeepMind researcher Arthur Brazinskas, launched on April 21 without an infinite scroll or algorithmic timeline. The app lets users upload photos, video and audio...
OpenAI’s Codex for Mac Now Watches Your Screen to Build Context, but Sends the Screenshots to Its Servers First
OpenAI has introduced Chronicle, a research‑preview feature for Codex on Mac that periodically screenshots the desktop, sends the images to OpenAI’s cloud for OCR and visual analysis, and saves the resulting text as unencrypted Markdown files for local context. The...
Semrush Launches a Framework for Measuring Brand Visibility in AI Search as the Old SEO Playbook Breaks Down
Semrush unveiled a Brand Visibility Framework at Adobe Summit, introducing “Agentic Search Optimisation” to measure brand presence across AI‑generated answers, traditional search, and autonomous agents. The model draws on more than 213 million LLM prompts and highlights that organic click‑through rates...