BusinessAnthropic launches Claude Science and signals move into drug developmentAt its "AI for Science" event, Anthropic introduced Claude Science, a research workbench for scientists, and announced plans to develop its own drugs, beginning with neglected diseases.2 min read
BusinessMicrosoft to Cut About 4,800 Jobs, Xbox Faces Largest ReductionsMicrosoft announced roughly 4,800 job cuts—about 2.1% of its global workforce—on July 6, 2026, with Xbox accounting for the largest share at 1,600 roles.4 min read
BusinessSK Hynix to list American ADRs in bid to tap booming AI marketSouth Korea's SK Hynix will begin a US American depositary receipt (ADR) listing on Monday, aiming to raise about $28 billion by selling 17.79 million ADRs.2 min read
BusinessAfter SpaceX IPO: Rapid Sell-Off Highlights Risks Around AI SectorSpaceX's June 12 IPO was followed within days by a sharp sell-off that wiped roughly $1 trillion off its market value during June 22–24, exposing structural and sectoral vulnerabilities.4 min read
BusinessNearly 90 New Unicorns in H1 2026 as AI Drives ValuationsVenture-backed startups reached unicorn status at a rapid pace in the first half of 2026, driven largely by AI-related companies but also including firms in healthcare, robotics, space and crypto.12 min read
BusinessBending Spoons’ rapid Nasdaq debut and continued acquisition-driven expansionMilan-based tech group Bending Spoons went public on the Nasdaq in 2026, briefly reaching a market value above $25 billion and maintaining a market cap roughly double its last private valuation.4 min read
BusinessNokia feature phones return with dedicated AI button, subscription after 180 daysHMD Global is launching several new Nokia-branded feature phones — Nokia 200 4G, 210 4G, 215 4G 2nd Edition and 235 4G 2nd Edition — that include built-in AI functionality powered by Sikey and a physical AI button.2 min read
BusinessMistral AI’s business model, financing and partnerships: a European AI decacorn carving its own pathMistral AI, the Paris-based decacorn, mixes model development with on-the-ground enterprise deployments and a push for European AI sovereignty.5 min read
BusinessQualcomm outlines full-stack AI infrastructure push to challenge NVIDIAQualcomm presented an ambitious strategy to expand beyond mobile chips into a full AI infrastructure business, aiming to more than double its non-phone revenue to $40 billion within three years and targeting a total addressable market of up to $1.7 trillion by 2030.3 min read
BusinessMeta turns excess AI compute into a cloud business to placate investorsMeta has begun offering surplus compute capacity to external customers, signaling a shift from earlier statements that any extra compute would be used to accelerate its core apps and advertising business.2 min read
BusinessAnthropic explores custom AI chip collaboration with SamsungAnthropic is reportedly discussing a custom AI chip with Samsung as it weighs options to reduce reliance on existing suppliers and respond to industry supply challenges.2 min read
BusinessOpenAI proposes giving US government a 5% stake in AI firmsOpenAI CEO Sam Altman has proposed that the US government receive a 5% ownership stake in OpenAI — and suggested a similar arrangement for other leading AI companies — as a way to share AI-generated economic value with the public.3 min read
