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Hegseth Calls for 3.5% Defense Spending, China Skips Dialogue, June 06
Hegseth urges Asian allies to increase defense spending to 3.5% of GDP at Shangri-La Dialogue amid China’s absence.
MSFT and OPAI.PVT Breakdown: How Microsoft and OpenAI’s Partnership Turned Competitive
The AI world is changing fast. And one of the biggest stories shaping this shift is the evolving relationship between Microsoft (MSFT) and OpenAI (OPAI.PVT). What started as a powerful partnership has now turned into a mix of collaboration and competition. Microsoft helped scale OpenAI’s tools globally. OpenAI helped Microsoft become a leader in the…
India’s Supreme Court Bans AI From Judicial Decisions, June 05
India’s Supreme Court bans AI from judicial decisions, sentencing, and bail. AI limited to research, translation, and case management only.
Switch in Talks to Raise Billions as Data Center Boom Pushes Valuation Above $50 Billion
The artificial intelligence infrastructure race is creating new winners across the data center industry, and Switch is quickly becoming one of the biggest names in that trend. Reports indicate that the company is in discussions to raise billions of dollars from investors at a valuation above $50 billion, highlighting the growing demand for AI-ready data…
Swiss Voters to Decide 10-Million Cap Initiative on June 14
Switzerland votes June 14 on SVP population cap initiative. UBS CEO opposes it; firms warn of labor shortages and economic impact.
Wealthsimple Opens IPO Access to Retail Investors, SpaceX Joins June 04
Wealthsimple IPO Access lets Canadian retail investors request shares in select IPOs at offering price with no minimum order or fees.
Anthropic Files for IPO at $965B Valuation, Surpasses OpenAI
Anthropic files for IPO at $965B valuation with Morgan Stanley and Goldman Sachs leading. Listing expected as early as October 2026.
UK Police Review Anti-Racism Guidance After Henry Nowak Death, June 04
UK police review anti-racism guidance after Henry Nowak’s death. Officers handcuffed the teenager as he lay dying from stab wounds.
LG Group to Adopt 10,000 Nvidia GPUs for AI and Humanoid Robot Development
The LG Group has announced a major expansion in its artificial intelligence strategy by planning to adopt 10,000 Nvidia GPUs for AI model training and humanoid robot development. This move highlights the company’s growing ambition to become a global leader in next-generation AI and robotics technologies. The decision reflects how large industrial conglomerates are investing…