Rivian is cutting hundreds of jobs as the electric vehicle maker enters one of the most important chapters in its history. The layoffs, announced Tuesday, affect less than 2% of Rivian’s workforce and come just days after the company began […]
Databricks announced Tuesday that it has agreed to acquire Panther Labs, a cybersecurity startup known for helping organizations collect, analyze, and act on security data at scale. Financial terms of the deal were not disclosed. The acquisition comes as cybersecurity […]
Amazon generates the most revenue. Nvidia earns some of the highest profits. SpaceX loses money. Yet all three rank among the world’s most valuable companies, revealing how investors are valuing businesses in the AI era. On Friday, SpaceX made history […]
AI has transformed how people write code, create content, and analyze data. Manufacturing remains a different challenge. Factories still depend on experienced CNC programmers who spend years learning how to machine complex aerospace, defense, medical, and industrial parts. Much of […]
Las Vegas, USA / Nevada, 16th June 2026, CyberNewswire
It’s Tuesday, June 16, 2026, and today’s global tech agenda shows just how quickly the next phase of the industry is taking shape — from DeepSeek’s massive China AI funding round and Qualcomm’s chip ambitions to AI security, streaming consolidation, […]
New York, United States of America, 16th June 2026, CyberNewswire
SpaceX is acquiring Cursor, the world’s fastest-growing software startup, for $60 billion in an all-stock deal, making a bold move beyond rockets, satellites, and AI models. According to a Form 8-K filed with the U.S. Securities and Exchange Commission on […]
The global AI race just entered a new phase, and one of China’s most closely watched startups is making its biggest move yet. DeepSeek has raised more than 50 billion yuan, or about $7.4 billion, at a valuation exceeding $50 […]
New York, New York, 16th June 2026, CyberNewswire
BELIZE City, Belize, 16th June 2026, PlayNewswire
It’s Monday, June 15, 2026, and venture capital is still backing AI, but the biggest conviction is no longer limited to the model layer. Investors are writing checks into control planes, identity, payments rails, industrial bottlenecks, and biotech infrastructure — […]
The race to challenge Nvidia’s grip on AI hardware may be heading for another blockbuster deal. Qualcomm has been in discussions to acquire AI chip startup Tenstorrent in a transaction that could value the company between $8 billion and $10 […]
Nvidia already has more than $13 billion in cash. Now, the company is preparing to raise another $20 billion. The AI chip giant is returning to the corporate bond market for the first time in five years, according to a […]
China is carrying out one of the most sweeping higher education shake-ups seen anywhere in recent years. Between 2021 and 2025, Chinese universities revoked or suspended 12,200 undergraduate programs and introduced 10,200 new ones, according to data from China’s Ministry […]
The rush to build AI applications has created a new behind-the-scenes race: securing enough computing power to train, run, and scale them. One company benefiting from that demand is Verda, the Helsinki-based AI infrastructure startup formerly known as DataCrunch. The […]
Just two days after becoming the world’s first trillionaire, Elon Musk is setting an even bigger target for SpaceX. On Sunday, Musk said he expects the rocket company could generate more than $1 trillion in annual revenue by 2031, a […]
The battle for the future of enterprise software just got more expensive. Salesforce announced Monday that it is acquiring AI customer service startup Fin in a deal valued at roughly $3.6 billion, marking one of the company’s biggest bets on […]
Norwich, United Kingdom, 15th June 2026, PlayNewswire
It’s Monday, June 15, 2026, and the global tech world is moving at a pace that feels almost impossible to keep up with. China is aggressively building its own AI hardware and model stack to reduce reliance on the West, […]
