BusinessHow AI Capex and Strategic Partnerships Could Turn Mag7 Spending into Shareholder ValueMajor US tech firms plan sharply higher AI-related capital expenditures through 2026, prompting a wave of strategic partnerships that may convert heavy capex into competitive advantages.3 min read
BusinessOpenAI introduces the Guaranteed Capacity service to ensure long-term compute capacityOpenAI announced a service called OpenAI Guaranteed Capacity that guarantees long-term access to OpenAI's compute capacity.1 min read
BusinessPerplexity to unveil AI-designed visual identity at POV BudapestPerplexity will present its new visual identity for the first time at POV Budapest, an annual design conference in Budapest, with the reveal taking place live at the Nemzeti Táncszínház.2 min read
BusinessGraphisoft proposes subscription, BIM and AI push to speed up Hungary’s construction digitalizationGraphisoft outlined a shift to subscription licensing, cloud collaboration and AI tools as means to accelerate digitalization in Hungary’s construction sector.3 min read
BusinessMeta shifts thousands into AI roles and cuts about 8,000 jobs amid reorganizationMeta Platforms is reorganizing to prioritize artificial intelligence, moving about 7,000 employees into newly created AI-focused teams while cutting roughly 8,000 jobs (around 10% of staff).2 min read
BusinessJury Dismisses Elon Musk’s Timeliness Claim Against OpenAI, Clearing Major Legal HurdleA nine-person jury rejected Elon Musk’s lawsuit against OpenAI and Sam Altman in under two hours, finding the claims were filed too late.2 min read
BusinessNextEra to Buy Dominion for $67 Billion, Betting on Northern Virginia Data Center DemandNextEra Energy announced on May 18, 2026 that it will acquire Dominion Energy for $67 billion, the largest utility merger in U.S.3 min read
BusinessStandard Chartered to Cut About 7,000 Roles, Lean on Automation and Wealth Management to Lift ReturnsStandard Chartered raised its medium-term return target and said it aims for a cleaned ROTE above 15% by 2028, approaching 18% by 2030.2 min read
BusinessJury Clears OpenAI of Liability in Elon Musk's LawsuitA jury on Monday found OpenAI not liable in Elon Musk’s lawsuit accusing the AI developer of abandoning its original mission to benefit humanity.4 min read
BusinessAnthropic acquires the Stainless SDK and MCP server platformAnthropic announced that it is acquiring the Stainless SDK and MCP server platform, which has supported Anthropic SDKs since the early days of the API.1 min read
BusinessSpaceX IPO preparation in Texas could become the largest-ever offering; Musk predicts wide rollout of driverless Teslas by year-endElon Musk said from Texas that SpaceX is preparing an initial public offering that could raise up to $75 billion, implying a valuation above $2 trillion and potentially the largest IPO in history.3 min read
