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Tidal announced that from 29 June, wholly AI‑generated tracks will no longer earn royalties, marking a major policy shift in streaming monetisation for machine‑made music.
Microsoft announced a new operating business, Microsoft Frontier Company, to deliver successful enterprise AI deployments backed by a $2.5 billion investment.
Tesla’s FSD beta is now available for its Cybertruck and Semi models, enabling autonomous delivery in urban logistics. The rollout, announced July 2 2026, is part of Tesla’s strategy to capture the growing autonomous freight market.
The AI neocloud provider has secured a $800 million Series C, boosting its valuation to $8.3 billion as companies increasingly turn to open‑source models and GPU‑cluster rentals.
CNBC highlights a record surge in AI investment this quarter, with companies across sectors accelerating adoption of generative AI models.
Venture capital legend Chamath Palihapitiya has secured a $135 million Series A for his AI coding firm 8090 Labs, which will help enterprise teams build production‑grade software with AI‑powered tools.
Fintech firm Quantifind secured a $200 million investment led by Summit Partners to expand its AI‑powered risk intelligence platform for financial crime and national security operations.
New York‑based AI startup General Intuition is negotiating a $300 million round to fund its world‑model platform, attracting high‑profile investors including Jeff Bezos and Eric Schmidt.
Electric‑vehicle maker Rivian announced a 2 % workforce reduction, cutting roughly 300 jobs as it restructures its service division to pursue profitability after launching its new R2 model.
Arcade AI Inc. announced a $60 million Series A round to expand its platform that simplifies AI‑agent authorization for enterprises.
Amazon Web Services secures a $2.56 billion contract to provide commercial cloud services for the Department of Homeland Security, expanding federal cloud infrastructure.
BlackRock launches the iShares Bitcoin Premium Income ETF (BITA) to give investors bitcoin exposure while generating monthly income through covered calls.
Venture investors are pouring money into AI‑driven industrial, cybersecurity and climate tech startups, with PhysicsX and PointFive topping the list.
The startup secured a $50M round to advance its AI‑powered revenue platform, targeting enterprise sales teams.
Goldman Sachs reported earnings that beat expectations, driven by a surge in equities trading revenue that set a new record for the quarter.
Global markets tumbled Thursday as Iran's newly appointed supreme leader Mojtaba Khamenei vowed to keep the Strait of Hormuz closed indefinitely, sending oil prices above $95 a barrel and pushing US stocks down more than 1%. The Dow lost over 500 points while the S&P 500 extended its losing streak to three days. With roughly a fifth of the world's oil supply flowing through the waterway, analysts are calling it the largest supply disruption in oil market history.
The MacBook Neo is Apple’s most affordable laptop ever and its clearest attempt yet to compete with Chromebooks and entry-level Windows laptops. Unlike the MacBook Air and Pro, the Neo runs on an iPhone-class A-series chip, which helps Apple cut the starting price sharply while keeping the design lightweight and colorful.
Nvidia has teamed up with the UK's National Wealth Fund to invest $103 million in British autonomous driving startup Oxa. The Oxford-based company, which develops software for self-driving industrial vehicles in ports and factories, has pivoted away from the complex passenger car market to focus on automating repetitive goods movement—a shift that co-founder Paul Newman says makes the "economics...cracking."
Meta has agreed to a sweeping $60bn, five-year deal with Advanced Micro Devices, acquiring chips and a 10% stake in the company as it doubles down on AI — the latest sign that the industry's hunger for processing power is only growing stronger.
Nearly a year after its launch, the Apple iPhone 17 is being seen less as a revolutionary device and more as a refined, reliable tool. Society’s reaction highlights a shift: smartphones are no longer about dramatic innovation, but seamless integration into daily life.