Tech

Fox’s plan to buy Roku for $22 billion is one of the biggest media tech deals of the year and a major bet on the future of television advertising. The offer values Roku at about $160 per share, combining cash and Fox Class A shares, and represents a significant premium to Roku’s previous market price. The logic is scale. Roku gives Fox a powerful connected TV platform at a time when traditional TV audiences are fragmenting, and advertisers are moving budgets toward streaming.

The clean energy and renewable power sector is emerging as one of the biggest beneficiaries of the Iran peace deal. A projected decline in oil prices is significantly enhancing the economic competitiveness of solar, wind, and battery storage technologies compared to fossil fuel alternatives. Although lower oil prices may reduce the incentive for some industrial users to shift away from hydrocarbons in the short term, this is known as the "oil price paradox" for clean energy,

The AI governance debate is expected to take centre stage at the G7 summit in Évian-les-Bains this week, with the US administration arriving with an explicit agenda to promote American AI technology and standards globally. The White House has framed G7 AI discussions around several core objectives: establishing US aligned principles for AI safety and governance, promoting the adoption of American-built AI tools among allied nations, and reducing dependency on Chinese AI infra

Iran's reopening to the global economy is being closely watched by the technology industry, which sees a country of 90 million people with high rates of smartphone adoption, strong engineering talent, and years of pent-up demand for digital services as a potentially significant emerging market. Major US technology platforms, including app stores, cloud services, and social media networks, have operated under sanctions restrictions that prevented them from serving Iranian user

SpaceX shares opened their second week of public trading on a positive note Monday as US stock futures surged on the Iran peace deal news. The stock, trading as SPCX on the Nasdaq, closed its first week at $161.11, up 19% from its $135 IPO price, and was tracking higher in pre-market activity Monday morning. The company's inclusion timeline in major indexes, including the S&P 500 and MSCI global benchmarks, is being closely watched by institutional investors who must eventual

Broadcom reported its fiscal second quarter 2026 results after the close on June 3, posting $22.187 billion in total revenue, a 48% increase year over year that beat its own guidance. The headline number from a market perspective, however, was AI semiconductor revenue, which reached a record $10.8 billion for the quarter, up 143% from the same period a year earlier. Free cash flow came in at $10.262 billion, representing 46% of total revenue, a margin profile that few compani

OpenAI has also confidentially filed paperwork for its public listing, joining Anthropic in what is shaping up to be an unprecedented dual AI company IPO race in the second half of 2026. The ChatGPT maker most recently raised 122 billion in a March 2026 funding round at an 852 billion post-money valuation, a figure that has since been eclipsed by Anthropic's 965 billion valuation after its 65 billion Series H. OpenAI had been widely expected to be first to the public markets

Cisco is in advanced talks to acquire Astrix Security, a Tel Aviv based startup specializing in monitoring and securing AI agents for between $250 million and $350 million, according to people familiar with the matter. Astrix has built technology designed to track what AI agents are doing, what data they are accessing, and whether their behavior falls within expected and authorized parameters, capabilities that are becoming increasingly critical as enterprises deploy autonomo

Cerebras Systems, the AI chip startup that built the world's largest single silicon die processor, went public on May 14 in one of the most closely watched technology IPOs of the year, raising $5.55 billion at a market capitalization of $95 billion and gaining 68% on its first day of trading under the ticker CBRS on Nasdaq. The debut added momentum to a wave of AI-related public listings that has now culminated in SpaceX's record-breaking IPO and is setting the stage for Anth

Google DeepMind released a new experimental AI model this week called DiffusionGemma, built specifically for high speed text generation using a diffusion-based approach rather than the standard autoregressive architecture that powers most large language models. While traditional LLMs generate text one token at a time in sequence, diffusion models can generate entire spans of text simultaneously, potentially enabling dramatically faster output for certain use cases. Google Dee

Robotaxi services have quietly moved from high profile prototype to genuine urban infrastructure in 2026, with autonomous ride hailing vehicles now operating commercially in dozens of cities across the United States, according to a new assessment from Nvidia's newsroom. The shift is one of the most tangible expressions of how quickly physical AI, the application of AI to real world mechanical tasks, has moved from lab to street. Passengers are routinely getting into vehicles

Figure, the humanoid robotics company, has secured two of the most significant commercial orders in the history of robotics: a 20,000 unit contract with Amazon and a 50,000 unit deal with Mercedes Benz that together represent a revenue pipeline exceeding 14 billion dollars through 2029. The company is already producing more than 1,200 robots per month and recently validated the capabilities of its Figure 03 prototype, which researchers say demonstrates dexterity and task comp

Stellar's XLM token surged more than 40% in a single session this week after the Depository Trust & Clearing Corporation (DTCC), the backbone of US securities settlement infrastructure, announced it has selected the Stellar network for a new tokenized securities platform rollout. The DTCC processes roughly $2 quadrillion in securities transactions annually, making it one of the most systemically important financial institutions in the world, and its endorsement of a public bl

Micron Technology has delivered one of the most extraordinary stock performances of any large cap company in modern market history, with its shares rising roughly 703% over the past 12 months through June 2026, according to data compiled by NerdWallet. The surge reflects the semiconductor industry's virtually insatiable demand for memory chips that can support the data throughput and storage requirements of AI training and inference workloads, a market in which Micron has eme

Anthropic has confidentially filed paperwork for a public listing with the US Securities and Exchange Commission, positioning itself to potentially beat longtime rival OpenAI to the public markets as early as this fall. The filing came weeks after Anthropic closed a $65 billion Series H funding round that valued the company at approximately $965 billion post money, surpassing OpenAI's most recent private valuation of $852 billion to make Anthropic, for the first time, the mos

Shares of Advanced Micro Devices jumped this week after Citigroup upgraded the stock to a "buy" rating, arguing that the market has not yet fully priced in the company's upside from the ongoing boom in AI chip demand. Citi analysts pointed to accelerating orders for AMD's data-center GPUs and growing interest from cloud providers looking to diversify their AI hardware supply chains beyond Nvidia, suggesting AMD's earnings trajectory over the next several quarters could surpri

Apple used its Worldwide Developers Conference this month to unveil its biggest expansion of Apple Intelligence since the platform launched in 2024, headlined by a completely rebuilt version of Siri called Siri AI. The new assistant is designed to understand personal context, search across a user's emails, messages, and photos, answer questions using live web information, and carry out multi-step actions across apps, a significant leap from the more limited voice-command Siri

Europe's reaction to Anthropic's suspension of access to its Fable 5 and Mythos 5 models, following a US government national security directive issued Friday evening, has been notably sharp, with technology policy officials in Brussels and several EU capitals describing the episode as a wake up call about the degree to which European businesses and governments have become dependent on AI infrastructure governed entirely by US regulatory decisions. The European Commission has

NVIDIA is reportedly developing a new AI model for healthcare documentation in partnership with Abridge, a startup that has become one of the fastest-growing names in clinical AI by helping doctors automatically generate notes from patient conversations. The collaboration would combine Nvidia's AI infrastructure and model-development expertise with Abridge's clinical workflow integrations, which are already used by a number of major US health systems to reduce the administrat

NVIDIA is pitching a new central processor called "Vera" to Chinese technology clients, according to a Reuters report, in a move that highlights the increasingly delicate balancing act chipmakers face between US export restrictions and the world's second-largest semiconductor market. Vera is designed as a CPU component that pairs with Nvidia's AI-focused GPUs, and reports suggest the chips could potentially reach Chinese customers as early as August, depending on how export l