Nvidia already has more than $13 billion in cash. Now, the company is preparing to raise another $20 billion. The AI chip giant is returning to the corporate bond market for the first time in five years, according to a source familiar with the matter. The planned debt offering highlights the staggering amount of capital
The rush to build AI applications has created a new behind-the-scenes race: securing enough computing power to train, run, and scale them. One company benefiting from that demand is Verda, the Helsinki-based AI infrastructure startup formerly known as DataCrunch. The company said it has reached a $100 million revenue run rate after growing 10-fold over
China is carrying out one of the most sweeping higher education shake-ups seen anywhere in recent years. Between 2021 and 2025, Chinese universities revoked or suspended 12,200 undergraduate programs and introduced 10,200 new ones, according to data from China’s Ministry of Education cited by state news agency Xinhua. The changes touched more than 30% of
Norwich, United Kingdom, 15th June 2026, PlayNewswire
Just two days after becoming the world’s first trillionaire, Elon Musk is setting an even bigger target for SpaceX. On Sunday, Musk said he expects the rocket company could generate more than $1 trillion in annual revenue by 2031, a figure that would place SpaceX among the largest businesses in history. "And I would be
The battle for the future of enterprise software just got more expensive. Salesforce announced Monday that it is acquiring AI customer service startup Fin in a deal valued at roughly $3.6 billion, marking one of the company's biggest bets on agentic AI and its clearest signal yet that autonomous software agents are becoming central to
Anthropic has pulled access to its newest and most advanced AI models just days after launch, following a U.S. government directive tied to national security concerns. The AI startup said Friday that it will "abruptly disable" access to Fable 5 and Mythos 5 for all foreign nationals after receiving an export control order from the
It’s Monday, June 15, 2026, and the global tech world is moving at a pace that feels almost impossible to keep up with. China is aggressively building its own AI hardware and model stack to reduce reliance on the West, infrastructure giants are racing to wire the planet for the next explosion of AI workloads,
SpaceX's long-awaited arrival on public markets is already rewriting the record books. Shares of Elon Musk's rocket company jumped 17% as trading began Friday, lifting SpaceX's valuation above $2 trillion and turning its Nasdaq debut into one of the biggest wealth-creation events Silicon Valley has ever seen. The stock opened well above its IPO price
Meta spent roughly $2 billion to acquire AI chip startup Rivos with a clear goal: build more of its own AI hardware and rely less on Nvidia. Six months after the deal closed, that plan appears to be running into serious challenges. According to a report from The Information, the integration of Rivos into Meta
OpenAI's ChatGPT has reached an estimated 1 billion monthly app users, becoming the fastest consumer application in history to hit the milestone and extending its lead in the increasingly crowded AI market. The milestone comes at a time of growing fears and concerns about AI, from job displacement and privacy risks to questions about its
It’s Friday, June 12, 2026, and today’s top tech stories show an industry entering a harder, more expensive phase. From China’s massive AI infrastructure push and U.S. regulators tightening oversight to Apple’s Siri reset and growing backlash against data centers, the next chapter of tech is being shaped far beyond Silicon Valley. While the world
Torrance, United States / California, 11th June 2026, CyberNewswire
What happens when one of the world's most successful technology founders decides that AI's next frontier isn't text, images, or chatbots, but the physical world? Five years after stepping down as Amazon CEO, Jeff Bezos is back at the helm of a company. This time, he's betting that artificial intelligence can help engineers build everything
Twenty years ago, Peter Thiel's Founders Fund made a series of investments in Elon Musk's rocket company that many investors viewed as an ambitious long shot. Today, that bet is on track to become one of the largest venture capital wins ever recorded. As SpaceX prepares for what could be the biggest IPO in market
Most security cameras are little more than digital witnesses. They record what happened, store the footage, and wait for someone to review it later. Coram AI wants to change that. The startup, founded by former self-driving car engineers from Lyft and Zoox, has raised $35 million in Series B funding to bring AI-powered investigations and
It’s Tuesday, June 9, 2026, and venture investors continue to plough capital into frontier tech. Today’s biggest deals reinforce a clear theme: AI-driven infrastructure – both physical and digital – is where the money is flowing. Jeff Bezos’s AI start‑up Prometheus kicked off the day by announcing a staggering $12 billion Series B (at a $41 b valuation) to scale
What if ordering dinner started with a photo instead of a search box? That’s the future DoorDash is betting on as food delivery platforms race to make artificial intelligence a bigger part of how people shop, eat, and interact with apps. On Thursday, DoorDash announced Ask DoorDash, a new AI-powered chatbot that lets customers discover
