Target output is one gigawatt-hour a year. Partners are South Korea’s Cosmos Lab and DeltaX. Production opens for the fiscal year starting next April, with zinc-halide chemistry following in 2027. SoftBank Group’s mobile-services subsidiary will begin manufacturing large-scale battery cells at the Sakai, Osaka site that once belonged to Sharp, the company said on Sunday, […]
$30bn went to OpenAI; the rest is spread across CoreWeave, IREN, Corning, Nebius, and roughly two dozen private rounds. The pattern is closer to vertical integration than to venture investing, and is starting to draw the inevitable circular-deal questions. NVIDIA has committed more than $40 billion to AI equity investments in the first four months […]
Trump Media & Technology Group reported a $405.9 million net loss for the first quarter of 2026, the company said on Friday, almost all of it driven by unrealised losses on the cryptocurrency holdings it has spent the past nine months building. Operating cash flow was a positive $17.9 million; total financial assets stood at […]
Quantinuum filed for a US initial public offering on Thursday that could value the company at more than 20 billion dollars. In the year ended 31 December 2025, Quantinuum reported revenue of 30.9 million dollars and a net loss of 192.6 million dollars. The company is asking public market investors to pay a premium […]
Akamai Technologies disclosed a 1.8 billion dollar, seven-year cloud infrastructure deal with a customer it described only as “a leading frontier model provider.” Bloomberg identified the customer as Anthropic. The stock rose 27 per cent in a single day, the largest rally in the company’s 28-year history. A company that built its business delivering […]
Google launched a 99 dollar screenless fitness tracker and a 9.99 dollar per month AI health coach powered by Gemini. One day later, Whoop announced that it would add on-demand video consultations with licensed clinicians to its app. Google is betting that artificial intelligence can interpret your health data. Whoop is betting that you […]
The University of Michigan invested 20 million dollars in OpenAI before ChatGPT existed, before Microsoft committed billions, and before the company was worth more than some countries. Court documents from the Musk v. Altman trial revealed this week that the stake carries a target redemption value of two billion dollars. A university endowment made […]
Cloudflare beat Wall Street’s revenue and earnings estimates on Wednesday, announced it would cut 1,100 employees because artificial intelligence agents now do their work, and watched its stock fall 24 per cent on Thursday. The sequence is becoming the template for the technology industry in 2026: record revenue, record layoffs, record doubt about what […]
The National Highway Traffic Safety Administration has opened an investigation into Avride, Uber’s autonomous vehicle partner, after identifying 16 crashes and one minor injury in the four months since the company launched its robotaxi service in Dallas. The regulator’s language is unusually blunt: the vehicles displayed “excessive assertiveness and insufficient capability,” a phrase that could […]
The tech industry laid off more than 73,000 workers in the first four months of 2026. In a classroom inside a Hollywood recording studio, a 51-year-old hip-hop artist was teaching 75 college students how to build the AI agents that are replacing them. will.i.am, born William Adams, co-founder of the Black Eyed Peas and founder […]
