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OpenAI CEO Sam Altman expressed skepticism about the practicality of orbital data centers, suggesting underwater infrastructure might be more feasible. This comes as Elon Musk's SpaceX and Google reportedly explore space-based computing projects, driven by the surging demand for AI infrastructure and the strain on traditional data centers.

Micron Technology briefly surpassed a $1 trillion market value, driven by surging investor demand for memory chips essential for AI data centers. This significant rally, with shares rising over 17%, highlights Micron's central role in the AI hardware supply chain and the growing need for advanced memory solutions.

Airbnb CEO Brian Chesky defended the company's use of Chinese AI models, stating US lawmakers misunderstand open-source systems. He clarified that Airbnb does not share user data with Chinese firms, primarily utilizing open-source models, including those from the US. This defense comes amid congressional concerns over data security and potential national security risks.

Artificial intelligence is reshaping the UK job market, particularly impacting writing, translation, and creative sectors. Companies are leveraging AI for cost reduction, leading to fewer opportunities and lower pay for workers in these fields. This shift, with over two-thirds of British workers potentially affected, raises concerns about rising unemployment during the transition period.

NVIDIA has achieved record-breaking first quarter results for fiscal year 2027. Revenue surged significantly, fueled by strong demand for its data center and AI offerings. The company is also updating its business segment reporting structure. NVIDIA anticipates continued strong performance in the upcoming quarter.

Luna is launching its voice-first Luna Band in India, focusing on personalized health guidance and daily planning powered by its LifeOS engine. The wearable continuously analyzes biometric signals and health data to provide real-time recommendations via haptic alerts. An invite-only rollout begins in late July 2026, with pricing yet to be announced.

Anthropic and OpenAI have fired another salvo, launching their own services companies. While some believe this will force software firms to become more differentiated, others price these stocks at zero earnings growth

Americans are increasingly wary of artificial intelligence, with many believing it's advancing too rapidly and expressing negative views. This sentiment extends to AI data centers, which face significant local opposition due to environmental concerns like high energy and water consumption. Consequently, several states are considering or enacting restrictions on new data center construction.

Tech titans like Jeff Bezos acknowledge space-based data centers as a future reality, but caution against overly optimistic timelines. While rivals tout rapid deployment, Bezos highlights significant economic hurdles: the high cost of AI chips and expensive space launches. Despite this, Amazon's Blue Origin is preparing to enter the orbital cloud market with a massive satellite constellation plan.

The transition to an autonomous enterprise involves the deployment of AI agents that can reason, plan, act, and adapt across business functions without constant human instruction. M37Labs’ MightyClaw has been engineered to unlock greater value within an enterprise enabling enterprises to operate as self-orchestrating, continuously reasoning systems. It is designed to overcome shortcomings of Agentic AI, with data sovereignty and governance built into it at the core.

Elon Musk's xAI reportedly promised employees $420 for submitting personal US tax returns to train its AI, Grok. However, payments are delayed by two months, raising concerns about data handling and compensation commitments. This initiative aimed to enhance Grok's financial capabilities, but internal disruptions may be the cause of the hold-up.

OpenAI is seeking a highly paid researcher to explore the potential of AI that can improve itself, a concept moving beyond theory. This role on the Preparedness team emphasizes strategic judgment alongside technical skill, as the individual will model future risks and track AI's growing role in several technical tasks.

Dell unveiled a suite of new products for modern data centers and AI, including advanced PowerStore storage and next-gen PowerEdge servers. These offerings aim to boost performance and security for businesses navigating growing AI demands alongside traditional workloads. New cyber resilience and automation tools are also part of the expanded portfolio.

Financial software giant Intuit is reportedly laying off nearly 17% of its global workforce, impacting around 3,000 employees. This significant restructuring, aimed at simplifying operations and boosting AI integration, follows recent partnerships with OpenAI and Anthropic. The move comes as Intuit, like other tech firms, pivots towards AI-driven efficiencies amidst broader industry layoffs.

Google and Blackstone are joining forces with a 5 billion dollar venture. This new company will build AI data centers. It aims to provide 500 megawatts of power by 2027. Customers will get access to Google's powerful TPUs. This offers more choices for running AI tasks. The venture combines Google's AI technology with Blackstone's infrastructure expertise.

watchOS 27 will prioritize under-the-hood improvements like system stability and performance, alongside a significant overhaul to heart-rate tracking for more granular, real-time insights. Apple's ambitious AI health coaching project, "Project Mulberry," faces delays, with its features now expected later in the iOS 27 update cycle due to competition and polish concerns.

Amazon Web Services (AWS) is empowering retailers with Agentic Shopping Assistant (ASA), a new AI tool inspired by Alexa for Shopping. This allows businesses to create personalized conversational shopping experiences, boosting customer engagement and sales. Retailers can now deploy custom AI assistants tailored to their brand and products, enhancing product discovery and recommendations for shoppers.

At Google I/O 2026, CEO Sundar Pichai announced the company's massive AI transition, processing 3.2 quadrillion tokens monthly and reaching 900 million users for its Gemini app. Google now boasts 13 products with over 1 billion users each, and five core products, including Search and YouTube, surpass 3 billion users, highlighting a decade of AI-first strategy.

Meta Platforms has initiated global layoffs, with Singapore employees receiving termination notices early Wednesday. Thousands worldwide are affected as the company restructures, prioritizing AI. Meta CEO Mark Zuckerberg is making AI the top focus, investing heavily, while employees and investors voice concerns over data privacy and massive AI expenditure.

Facing a severe computer chip shortage, US intelligence agencies are increasing their reliance on AI firm Anthropic, despite its blacklisting as a national security threat. A $9 billion emergency fund aims to secure advanced semiconductors for AI models on classified networks, crucial for sifting through vast data and countering foreign adversaries like China.

SpaceX is preparing for a historic IPO, aiming for a $1.75-$2 trillion valuation and seeking to raise $75 billion by June 2026. Despite significant revenue growth from Starlink, the company reported substantial losses in 2025 and Q1 2026, largely due to heavy investments in its new AI unit following the xAI acquisition.

Donald Trump lauded AI's economic benefits, citing record job numbers and stock market gains. However, a New York Post report revealed over 52,000 tech layoffs in early 2026, with AI increasingly cited as the cause.