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SpaceX plans to buy Cursor for $60 billion once its record IPO wraps

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SpaceX expects to complete its $60 billion acquisition of AI coding startup Cursor roughly 30 days after it begins trading publicly, according to Bloomberg, a timeline that would place the deal in July if the company’s blockbuster IPO proceeds on schedule. The rocket, satellite, and artificial intelligence conglomerate is planning to file its public IPO prospectus as […]

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OpenAI adopts C2PA standard and Google’s SynthID to make AI-generated images easier to identify

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OpenAI has announced two new measures designed to help the public determine whether an image was created by its AI models. The company is formally joining the Coalition for Content Provenance and Authenticity (C2PA) open standard while simultaneously partnering with Google to embed its invisible SynthID watermark across OpenAI’s image outputs. The moves represent a […]

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Discord now encrypts every voice and video call by default, and not even it can listen in

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Discord has flipped the switch on end-to-end encryption for every voice and video call on its platform, a move that means not even the company itself can access what its hundreds of millions of users say on calls. Mark Smith, Discord’s VP of core technology, confirmed the rollout in a blog post on Monday, stating […]

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GitLab cuts 7% of workforce and flattens management in sweeping ‘agentic era’ restructuring

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GitLab is slashing jobs, shrinking its geographic footprint, and reorganising its engineering teams as it bets its future on a world where AI agents, not humans, write most of the code. The DevOps platform company announced on 19 May that it will cut approximately 7% of its workforce, reduce its country presence by up to […]

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US regulators pause bank cyber exams so Wall Street can patch Mythos vulnerabilities

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Weeks after Anthropic’s Mythos AI model sent shockwaves through the financial system, America’s top banking regulators are stepping back from the exam room to give the country’s largest lenders time to shore up their defences. The Federal Reserve and the Office of the Comptroller of the Currency are pausing some cyber-related examinations of the biggest […]

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Google wants Search to work while you sleep, and its new information agents are the plan

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Google has spent more than two decades refining a product built on a simple premise: you type a question, it returns a list of links. At I/O 2026 on Monday, the company signalled that premise is no longer enough. Among the biggest announcements was a new category of AI-powered tools called information agents, persistent, background […]

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Google partners with Warby Parker and Gentle Monster for Gemini-powered smart glasses

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Google is having another go at smart glasses, and this time it is bringing fashionable friends along for the ride. At Google I/O 2026 on Tuesday, the company announced a new partnership with Warby Parker and Gentle Monster to produce AI-powered “audio glasses” designed in collaboration with Samsung. Powered by Gemini 2.5 Pro and running on […]

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ICE plans compute futures contracts as Wall Street races to turn GPU power into a tradable commodity

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  Intercontinental Exchange, the parent company of the New York Stock Exchange, is preparing to launch futures contracts tied to the cost of computing power, marking the latest sign that Wall Street sees AI infrastructure as the next great commodity market. ICE announced on Monday that it will team with Ornn, a financial-infrastructure firm whose […]

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Panasonic buys UK media server maker HIVE in push beyond hardware

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Panasonic Projector & Display Corporation has acquired 100% of the issued shares of UK-based HIVE Media Control, the company behind the award-winning BeeBlade media server platform. The deal signals a decisive shift in Panasonic’s strategy, moving it from a projector and display manufacturer into what it calls a “broader visual solutions ecosystem provider,” encompassing software, […]

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Hitachi partners with Anthropic to deploy Claude across 290,000 employees and strengthen Lumada 3.0

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Hitachi has announced a strategic partnership with Anthropic that will see the Japanese industrial conglomerate deploy Claude AI models across its entire workforce of approximately 290,000 employees, in what it describes as a move to strengthen its “Lumada 3.0” business model. The deal positions Hitachi as one of the largest enterprise adopters of Claude globally, […]

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