Alphabet Plans $80 Billion Equity Raise to Fund Its AI Buildout
Alphabet said on June 1 that it plans to raise $80 billion through equity offerings to finance the expansion of its artificial-intelligence infrastructure, an amount larger than the sovereign wealth…
Water Rights and Bank Fees Complicate SpaceX’s Path to Market
SpaceX begins its IPO roadshow this week with a valuation target that would make it the largest company ever to debut on U.S. markets, and two of the messiest details…
A Startup Raises $10 Million to Police AI Output Before It Reaches Customers
Kumesh Aroomoogan has raised venture money before, but nothing like this. The chief executive of ZeroDrift, a New York startup that sits between AI systems and their users to catch…
IBM Commits $10 Billion to Quantum Computing With a 2029 Deadline
IBM announced on June 2 that it will invest more than $10 billion in quantum computing over the next five years, a commitment it tied directly to a specific promise:…
SoftBank Overtakes Toyota as Japan’s Most Valuable Company
The ticker at the Tokyo Stock Exchange told the story that hundreds of analysts had been expecting. On June 1, SoftBank Group’s market capitalization edged past Toyota Motor’s, making the…
Salesforce Buys Contentful, Betting Content Is the Missing AI Layer
The deal had been discussed for years inside both companies, and on June 1 it finally closed on paper. Salesforce announced it had signed a definitive agreement to acquire Contentful,…
AI’s ‘USB-C’ Standard Faces a Developer Rebellion
The headline on a Hacker News thread in late May was blunt: MCP is dead. The Model Context Protocol, the open standard that was supposed to let AI agents talk…
Anthropic’s $65 Billion Raise Pushes It Past OpenAI in AI’s Valuation Race
The chipmakers who supply the memory inside artificial-intelligence data centers rarely write checks to software startups. This week, three of the world’s largest memory makers made an exception. Micron Technology,…
Dell’s AI Server Surge Lifts Shares Nearly 40%
Michael Dell spent the 1990s convincing corporate buyers that cheap, standardized servers could replace mainframes. The sequel to that story played out after the closing bell Thursday, when Dell Technologies…
SEC Moves to Lure Companies Back to Public Markets
The number of publicly traded companies in the United States has fallen by roughly half since the mid-1990s, from more than 8,000 to about 4,000 today. Regulators have blamed the…
