Every story in this edition, newest first.
The AI coding assistant is seeking fresh capital at a valuation that has nearly doubled in six months, backed by Andreessen Horowitz and Nvidia, as it forecasts $6 billion in annualized revenue by year-end.
Founded by the architect behind Apple's M1 Firestorm core, Nuvacore is building a ground-up CPU designed for transformer workloads — claiming an 83% reduction in per-token energy consumption.
NVIDIA has open-sourced Ising, the first AI model family purpose-built for quantum computing, slashing calibration times from days to hours and boosting error-correction accuracy by 3x.
Microsoft's $10 billion, four-year commitment to Japan — more than triple its 2024 investment — pairs GPU compute infrastructure with cybersecurity cooperation and a pledge to train one million Japanese workers by 2030.
OpenAI's purchase of Silicon Valley talk show TBPN for a reported low hundreds of millions marks a sharp strategic pivot: from building AI to shaping the narrative around it.
IBM's new multi-agent security service and frontier model threat assessment aim to close the gap between automated attacks that breach networks in 22 seconds and the human response teams scrambling to catch up.
Anthropic's latest flagship model narrowly surpasses GPT-5.4 and Gemini 3.1 Pro on key benchmarks, reigniting the competition at the frontier of large language models.
The S&P 500 closed at 7,041 on Wednesday, a new all-time high, as investors priced out war risk following a US-Iran ceasefire announcement — while the Nasdaq logged its 12th consecutive positive session.
TSMC's Q1 2026 results — $35.9B in revenue, $18.2B net profit, 66% gross margin — confirm the AI chip supercycle is real and accelerating.
Google's Gemini platform has crossed 750 million monthly active users while the newly launched Gemini 3.1 Pro offers a 2-million token context window — redefining what enterprise AI workflows can realistically handle.
Anthropic's Mythos model — capable of exploiting vulnerabilities in every major OS and browser — is now being tested by Wall Street banks at the urging of U.S. regulators, raising sharp questions about systemic risk.
U.S. investor-owned utilities have raised their 5-year capital spending plans by 27%, to $1.4 trillion, as AI data center electricity demand forces the largest grid expansion in decades.
Snapchat's parent company eliminated 16% of its workforce, closing 300+ open roles and targeting $500M in annualized savings as AI rewrites the company's operating model.
Hangzhou-based Manycore Tech listed on HKEX today as the world's first publicly traded spatial intelligence company, raising HKD 1.22 billion and immediately drawing comparisons to early-stage Nvidia.
Mozilla's for-profit subsidiary MZLA Technologies has announced Thunderbolt, a self-hostable AI client targeting enterprises that want alternatives to Microsoft Copilot and ChatGPT Enterprise.
With a $10B OpenAI anchor deal and a WSE-3 chip claiming 21x Nvidia performance, Cerebras is heading to Nasdaq at a $23B valuation — the market's first real vote on whether wafer-scale AI compute can unseat GPU clusters.
Amazon's $11.57B acquisition of Globalstar and a deep partnership with Apple reshapes the satellite connectivity market — and signals that Starlink's dominance may not go unchallenged for long.
Global venture capital investment smashed all prior records in Q1 2026, reaching $300 billion — with AI companies capturing 80 cents of every dollar deployed.
The six largest U.S. banks cut over 5,000 jobs in Q1 2026 while posting record profits — a paradox driven by accelerating AI automation across both back- and front-office functions.
ASML beat Q1 expectations and raised its 2026 revenue outlook to €36–40 billion, but shares dropped 6% as tightening China export restrictions cast a shadow over the semiconductor equipment maker's outlook.
Meta debuts Muse Spark, a natively multimodal reasoning model built from scratch over nine months under the leadership of Scale AI co-founder Alexandr Wang.
OpenAI's acquisition of personal finance startup Hiro is its clearest signal yet that the company intends to move from general-purpose AI infrastructure to specialized, high-stakes consumer services.
Stanford's annual AI Index drops today with a stark message: AI capabilities are racing ahead of public understanding — and transparency is getting worse, not better.
A PwC study of 1,217 senior executives finds that AI's financial returns are concentrating sharply — and the companies pulling ahead are using AI for growth, not just efficiency.
