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OpenAI is turning Codex from a coding tool into an enterprise work platform, and non-developers are adopting it 3x faster than engineers

OpenAI announced a major expansion of Codex on Tuesday, transforming its AI coding agent into a broader enterprise work platform with three new capabilities: Sites, a feature that lets users create and share hosted interactive web applications; Annotations, an in-place editing tool; and six role-specific plugins that aggregate 62 popular business applications including Snowflake, Figma, […]

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Palo Alto Networks shareholders have rejected executive pay seven times, and the CEO still earns nearly $100 million

A majority of Palo Alto Networks shareholders have voted against the cybersecurity company’s executive compensation packages seven times since 2015, a record that makes it the most rejected pay programme in the S&P 500 and the third-most in the Russell 3000. The most recent vote came in December, when less than half of shareholders supported a […]

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Palo Alto Networks shareholders have rejected executive pay seven times, and the CEO still earns nearly $100 million Read More »

SEALSQ takes majority of WeCan to build a post-quantum AI compliance co-pilot for private banks

The Swiss post-quantum-crypto firm has lifted its WeCan stake from 28% to majority and committed CHF 5M to accelerate AI-compliance tooling for Pictet, Lombard Odier and Barclays. Geneva-based SEALSQ has acquired a majority equity stake in WeCan Group, lifting its position from the 28% taken in October 2025 and committing a further CHF 5m ($6.1m) […]

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STMicroelectronics doubles its data-centre revenue forecast to $1bn

STMicroelectronics has roughly doubled what it expects to make from data centres this year. The Franco-Italian chipmaker said on Monday it now anticipates around $1bn in data-centre revenue in 2026, up from the “nicely above $500m” it had guided to before, citing sustained demand for AI infrastructure and faster-than-expected progress ramping up capacity. The revision […]

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STMicroelectronics doubles its data-centre revenue forecast to $1bn Read More »

GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

GoPro warned on Monday that there is “substantial doubt about the company’s ability to continue as a going concern.” The action-camera maker reported a 26% revenue decline in Q1 and expects to breach several loan covenants. Shares fell as much as 14%. The cause is memory. GoPro said its earnings forecast has been “significantly impacted” […]

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GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold. Read More »

IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse

IBM stock surged 10% on Monday after Barclays initiated coverage with an overweight rating and a $350 price target, roughly 11% above the opening price. The jump extends a run that has seen IBM gain nearly 30% in May alone, its best monthly performance in almost 24 years. The stock is now up 10% year […]

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IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse Read More »

Former Meta CTO raises $250 million for climate tech as the rest of venture capital chases AI

Gigascale Capital, the venture firm led by former Meta chief technology officer Mike Schroepfer, has raised a $250 million fund to invest in energy, grid infrastructure, and critical minerals startups. The fund, announced on Monday, is Gigascale’s second and its first to include institutional investors. It arrives as most of the venture capital industry has pivoted […]

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The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself

A rally that carried space-related stocks to extraordinary gains this year is showing serious cracks. The Procure Space ETF, which trades under the ticker UFO, has dropped almost 11% in just two sessions. Intuitive Machines and Rocket Lab have each fallen roughly 17%. AST SpaceMobile, which had become a retail-trading favourite, has sunk nearly 23%. The […]

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Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment

Salesforce has a stake in Anthropic worth approximately $5 billion after investing repeatedly in the Claude developer since early 2023, Bloomberg reported on Monday. The software company first participated in Anthropic’s fundraising with roughly $50 million and has continued investing in every subsequent round. With Anthropic’s confidential IPO filing also landing on Monday, Salesforce is positioned […]

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