Technology
Florida becomes first state to sue OpenAI over child safety risks
Florida has filed the first state lawsuit against OpenAI, citing child safety risks. This historic legal action aims to hold AI developers accountable for potential harms to minors.
TRADING DAY Talks + tech = boom!
Reuters reports that the synergy between discussions and technology drives a market boom. This combination sparks a significant surge in trading activity and economic growth.
Nvidia’s AI Chips Sought by Chinese Labs With Ties to Military
Chinese military-linked labs are seeking Nvidia’s AI chips, raising concerns about technology transfer. This highlights ongoing tensions over export controls and national security implications.
Mach Industries Valued at $1.8 Billion in Latest Funding Deal
Mach Industries has achieved a $1.8 billion valuation following its latest funding round. This significant investment milestone highlights the company's continued growth and market confidence.
Alphabet to Raise $80 Billion in Equity for AI Spending
Alphabet plans to raise $80 billion in equity to fund its expanding artificial intelligence initiatives. This significant capital injection underscores the tech giant's commitment to advancing AI technology.
Vast Space Expands Into Europe With French Astronaut Missions
France’s astronaut missions expand European presence in space, highlighted by Haven-1 orbital platform concepts linked to SpaceX vehicles.
Exclusive: EU cloud rules to curb Big Tech's access to strategic tenders, draft document shows
EU draft legislation aims to restrict Big Tech’s access to critical government contracts through new cloud regulations. This exclusive report reveals the bloc's intent to curb major tech firms' dominance in strategic public tenders.
From the stage to the future: Where are Startup Battlefield’s alumni now?
TechCrunch Startup Battlefield alumni have secured $32B in funding and achieved 250+ exits. The 2026 application deadline is extended to June 8.
VIEW Anthropic IPO filing ratifies Wall Street's AI obsession
Anthropic’s IPO filing formally acknowledges Wall Street’s intense fixation on artificial intelligence, ratifying the market's AI obsession.
HPE Surges After Intense Demand for AI Buoys Sales Forecast
HPE stock surged as intense AI demand boosted its sales forecast. The company also launched HPE Partner Ready Vantage to streamline partner experiences.
Florida sues OpenAI, Sam Altman, in first-of-its-kind lawsuit over violent incidents
Florida sues OpenAI and Sam Altman, alleging ChatGPT facilitated violence and ignored safety warnings. The lawsuit claims the company prioritized profit over public safety, linking the AI to multiple tragic incidents.
Meredith Whitney on Economy, AI, Credit, Housing Markets
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GoPro Warns of Going-Concern Risk Amid AI-Fueled Memory Crunch
GoPro warns of going-concern risk as an AI-driven memory shortage intensifies, threatening its financial stability and operational viability amid rising supply constraints.
For Goldman’s Top Bankers, It’s All AI Data Centers All the Time
Goldman Sachs’ top bankers are exclusively focused on AI data centers, exemplified by the Stargate project in Texas. This joint venture between OpenAI, Oracle, and SoftBank highlights the firm's strategic pivot toward artificial intelligence infrastructure.
Moyo: We Could Be in Early Innings of New World Order
Moyo argues we are in the early stages of a new world order. This shift demands a reevaluation of global power dynamics and international relations.
Nvidia courts Korea's tech giants at Taipei dinner as AI push deepens
Nvidia hosted a Taipei dinner to strengthen ties with South Korean tech giants, deepening its strategic AI push amid intensifying global competition.
Hackers hijacked Instagram accounts by tricking Meta AI support chatbot into granting access
Hackers exploited Meta’s AI support chatbot to hijack Instagram accounts by tricking it into sending verification codes to attacker-controlled emails. Instagram has since patched this vulnerability, which allowed unauthorized password resets without needing the victim’s actual email access.
Water access is now a risk factor in SpaceX’s IPO
SpaceX’s IPO prospectus now lists water scarcity as a critical risk for data center cooling, equal to power availability. This disclosure highlights potential constraints from droughts and local competition, impacting infrastructure expansion and costs.
Apple Readies Feature to Split Bills by Taking Photo of a Receipt
Apple is expanding its financial services by introducing a feature that lets users split bills by simply photographing a receipt.
A new app, The Mall, is building a universal feed for online shopping
The Mall app creates a unified digital feed for online shopping, consolidating fragmented brand tracking and sales into one personalized interface to simplify the consumer experience.
