BusinessScottish startup Cnuic raises $3M to commercialize light‑based photolithography for photonic chipsCnuic Technologies, founded in April 2025 in Edinburgh, secured a $3 million pre‑seed round led by Tensor Ventures and Blank Space Ventures to develop a light‑based photolithography system for photonic chips.3 min read
BusinessXbox scales back AI efforts, pauses Gaming Copilot and reshapes Game PassMicrosoft’s Xbox division has halted development of the Gaming Copilot and is phasing the feature out on mobile, while also changing Xbox Game Pass pricing and content.3 min read
BusinessxAI Absorbed into SpaceXAI; Grok Continues as ProductxAI, Elon Musk’s AI startup once positioned to rival OpenAI, has been folded into SpaceXAI as a department, ending its run as an independent lab.2 min read
BusinessAnthropic secures full use of SpaceX's Colossus 1 data-center capacity amid Pentagon disputeAnthropic has struck a deal with SpaceX to use the entire computing capacity of the Colossus 1 data center near Memphis, gaining access to more than 300 megawatts of infrastructure and expressing interest in joint multi-gigawatt space-based compute.2 min read
BusinessBank of America warns big SpaceX and Anthropic IPOs could flood markets and pressure stocksBank of America strategist Savita Subramanian warns that the anticipated IPOs of SpaceX and Anthropic could mark a late-stage bull market dynamic by increasing share supply and forcing reallocations by large passive funds.3 min read
BusinessAnthropic and SpaceX collaboration increases the computational capacity of Claude servicesAnthropic announced that it has partnered with SpaceX, which significantly increases the company’s computational capacity.1 min read
BusinessChina's state chip fund in talks to lead major investment in AI startup DeepSeekChina Integrated Circuit Industry Investment Fund is negotiating to invest in AI startup DeepSeek, a deal that could value the company at up to $45 billion and involve Tencent as a co-investor.3 min read
BusinessSamsung Electronics Hits $1 Trillion Market Value as AI Demand Boosts Chip UnitSamsung Electronics’ market capitalization topped $1 trillion after a 14% share price jump driven by strong demand for memory chips used in AI data centers.3 min read
BusinessPalantir's Enterprise AI Push Drives Rapid Revenue and Profit GrowthPalantir reported Q1 2026 revenue of $1.63 billion, an 85% year-over-year increase, and net income of $870 million, a fourfold rise.2 min read
BusinessPanthalassa raises $140M to build wave-powered floating AI data centersPanthalassa has secured $140 million in funding led by Peter Thiel to develop autonomous, wave-powered floating data centers—85‑metre steel spheres designed to run AI inference chips cooled by seawater and communicate via satellite.2 min read
BusinessChina's 'Big Fund' in talks to lead $45bn valuation round for DeepSeekChina Integrated Circuit Industry Investment Fund (the 'Big Fund') is negotiating to lead the first financing round for AI lab DeepSeek, which could value the company at about $45 billion.3 min read
BusinessNew details on OpenAI's first smartphone: custom chipset, dual NPU and ambitious sales targetsAnalyst Ming‑Chi Kuo reports OpenAI is progressing quickly on its first smartphone, with mass-production readiness possible in early 2027.2 min read