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SoftBank to manufacture large-scale batteries for AI data centres at former Sharp plant

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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, […]

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NVIDIA tops $40bn in AI equity bets in 2026, anchored by $30bn OpenAI investment

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$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 […]

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NVIDIA tops $40bn in AI equity bets in 2026, anchored by $30bn OpenAI investment Read More »

Trump Media reports $405.9m Q1 loss, almost entirely from crypto markdowns

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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 […]

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Trump Media reports $405.9m Q1 loss, almost entirely from crypto markdowns Read More »

Quantinuum filed for an IPO worth 20 billion dollars. It has 31 million in revenue and a quantum computer that does not exist yet.

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  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 […]

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Quantinuum filed for an IPO worth 20 billion dollars. It has 31 million in revenue and a quantum computer that does not exist yet. Read More »

Akamai’s stock had its best day in 22 years. It took one AI contract.

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  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 […]

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Akamai’s stock had its best day in 22 years. It took one AI contract. Read More »

Google built a 99 dollar AI health coach. Whoop responded with real doctors.

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  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 […]

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Google built a 99 dollar AI health coach. Whoop responded with real doctors. Read More »

The University of Michigan invested 20 million dollars in OpenAI before ChatGPT existed. Court documents show the stake is now worth two billion.

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  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 […]

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The University of Michigan invested 20 million dollars in OpenAI before ChatGPT existed. Court documents show the stake is now worth two billion. Read More »

Cloudflare beat earnings, cut 1,100 jobs because AI agents do the work now, and lost a quarter of its stock price in a day

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  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 […]

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Cloudflare beat earnings, cut 1,100 jobs because AI agents do the work now, and lost a quarter of its stock price in a day Read More »

Uber’s robotaxi partner crashed 16 times in four months. The regulator called it “excessively assertive and insufficiently capable.”

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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 […]

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Uber’s robotaxi partner crashed 16 times in four months. The regulator called it “excessively assertive and insufficiently capable.” Read More »

will.i.am taught 75 college students to build AI agents. The tech industry spent the same semester firing 73,000 people.

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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 […]

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will.i.am taught 75 college students to build AI agents. The tech industry spent the same semester firing 73,000 people. Read More »

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