Tesla Inc. CEO Elon Musk, as well as the company’s AI lead Ashok Elluswamy, on Monday denied claims that the Full Self-Driving (FSD) system was responsible for a fatal crash in Texas that resulted in the death of a woman. This Makes No Sense, Says Elon Musk In a post on X, Musk responded to a post by a user who criticized a report that said a Tesla driver claimed to have engaged driver assistance technology as the Model 3 vehicle crashed into a home in Katy, Texas, on June 19, which resulted in
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MMED expands its European diabetes tech reach with Abbott sensor integration, boosting user flexibility and its connected care ecosystem.
Brookfield Asset Management, Telia Company and KTH Royal Institute of Technology have signed a memorandum of understanding to build sovereign AI services and applications in Sweden. The partnership focuses on large language models and AI driven services for key Swedish sectors, supported by Brookfield Asset Management's previously announced AI infrastructure investment in the country. The news highlights Brookfield Asset Management's expanding role in European digital infrastructure and AI...
Rockwell Automation (NYSE:ROK) has introduced its FactoryTalk Orchestration software to coordinate material flow and production processes across manufacturing operations. The company is supplying core control and automation technology for Heaven Hill’s new distillery, including the PlantPAx DCS for digital control. Cranswick is using Rockwell Automation solutions for automated packaging with robotic pick and place systems, supporting more connected production lines. For investors tracking...
Sunrun, Tesla, and Renew Home entered into an agreement to deliver more than 16 gigawatts of flexible energy capacity to hyperscalers and utilities.
STMicroelectronics (ENXTPA:STMPA) has introduced the VL53L9 3D LiDAR module for edge AI systems. The company has also launched the ST54M secure mobile chip, which includes a hardware accelerator for post-quantum cryptography. Both products target future needs in spatial awareness for robotics and AR/VR, and security for mobile devices in a post-quantum context. STMicroelectronics operates as a global semiconductor company supplying components across automotive, industrial, consumer, and...
The new lineup gives Meta a lower-cost option in wearable AI.
Cloudflare announced a new initiative with Mozilla, Google, and Microsoft to standardize privacy-preserving protocols for distinguishing human and AI-generated traffic. The collaboration centers on a proposed Private Access Control Tokens (PACT) standard that aims to verify traffic without exposing personal data. The effort is positioned as an industry-wide response to rising AI-driven and automated bot activity across the internet. Cloudflare, traded as NYSE:NET, is tying this new protocol...
The retailer is debuting limited-edition collabs, savings on its loyalty program and a refreshed assortment as it competes with Amazon's Prime Day on summertime deals.
GE Vernova Inc. (NYSE:GEV) is one of the top high-conviction stocks to buy according to hedge funds. GE Vernova Inc. (NYSE:GEV) introduced on June 9 the GridOS for Transmission and released two new AI whitepapers addressing grid planning and autonomous grid-edge operations. They were released at Orchestrate 2026, the company’s annual grid software conference. GridOS […]
The investigation by Florida’s attorney general comes as states look to check pharmacy benefit managers for allegedly driving up drug costs.
Qualcomm (NASDAQ:QCOM) is in discussions with China’s ByteDance about providing custom chip-design services, according to people familiar with the matter, as the U. S.
Overseas markets are central to MiniMed’s business, accounting for 70% of reported net sales in the company’s 2026 financial year.
As part of the agreement, Asda will deploy Amazon Retail Ad Service across its online business.
Dell Technologies (NYSE:DELL) has introduced the PowerEdge XE8812 server featuring NVIDIA Vera Rubin NVL4 architecture. The system is designed for high performance AI, scientific and engineering workloads with direct liquid cooling. This launch positions Dell within the emerging shift from standalone GPU servers to integrated, rack scale AI infrastructure. The company is supplying systems to large AI and supercomputing customers, including CoreWeave and Lawrence Berkeley National...
Taiwan Semiconductor Manufacturing, NYSE:TSM, has reported a breakthrough in advanced packaging through its CoWoS platform for high bandwidth memory integration. The company has also reported successful integration of 2D-material transistors at record pitches for future AI-oriented chip architectures. These developments are being positioned as key enablers for the next generation of AI semiconductors and computing systems. Taiwan Semiconductor Manufacturing sits at the center of the AI chip...
Broadcom, Apollo and Blackstone have launched the AI XPV Platform to support over 20 gigawatts of AI compute capacity through 2028. The initiative includes an initial $35b tranche focused on large scale deployment of Anthropic’s compute infrastructure. The platform is built around Broadcom’s XPUs and networking products, targeting hyperscale AI data centers. For investors tracking NasdaqGS:AVGO, this move adds a fresh operational layer to the Broadcom story that goes beyond recent share...
Arista Networks (NYSE:ANET) expands its AI and cloud networking strategy with new high-speed platforms. The company rolls out 1.6-terabit networking platforms aimed at AI data center architectures. Arista reports growing traction for 800-gig deployments with enterprise and hyperscale customers. Arista Networks sits at the center of high-performance networking for cloud, enterprise, and AI-focused data centers. Its latest push into 1.6-terabit platforms and broader 800-gig adoption is tied...
McDonald's (NYSE:MCD) has launched a new company wide program called "McDonald’s NEXT" focused on modernizing operations and customer experience. The initiative centers on automation in kitchens and ordering, tighter digital integration, and co creation of menu concepts with fans. "McDonald’s NEXT" is being rolled out across the system, with the company positioning it as a framework for future restaurant formats and processes. For investors watching McDonald's at a share price of $271.66,...
Applied Materials introduced two new chipmaking systems, Centris Spectral SiN ALD and Producer Selectra Mo Etch, aimed at next generation AI semiconductor manufacturing. The systems target scaling challenges in advanced logic and memory devices that support future AI infrastructure. The announcement shifts recent attention from Applied Materials' work in smart eyewear and AR partnerships to its core semiconductor equipment portfolio. Applied Materials, NasdaqGS:AMAT, is putting the focus...
SpaceX's reusable capsule mission could open a new path into in-space manufacturing.
Elon Musk's SpaceX has launched a five-tranche notes offering aimed at raising at least $25 billion, a source familiar with the matter said on Tuesday, as the newly public company seeks funding for its capital-intensive AI expansion. SpaceX's AI ambitions carry a hefty price tag, requiring tens of billions of dollars in investment in data centers, computing hardware and power infrastructure. The offering consists of 5-year, 7-year, 10-year, 20-year, 30-year tenor senior unsecured notes, according to a document seen by Reuters.
Visa (NYSE:V) has partnered with Mashreq and Rezolve AI to launch "Everyday Cashback" in the UAE. The program is a digital first, AI driven rewards platform that embeds personalized cashback offers into routine cardholder spending. This move expands Visa’s role in AI enabled commerce media and value added services beyond traditional payment processing. For investors tracking Visa, this partnership highlights how the company is leaning into data driven rewards and merchant solutions...
Target has increasingly leaned on exclusive launches and strategic partnerships to stand out in a retail market where consumers have more options and discretionary spending remains uneven. Over the past several years, the company has expanded beyond traditional private-label growth by introducing ...
Anthropic on Tuesday launched an artificial intelligence agent inside Salesforce's Slack app that can work alongside employees in group chats, deepening its push into the enterprise market that has emerged as a key battleground for AI startups. Called Claude Tag, the tool lets users summon the company's AI agent into a Slack thread by typing "@Claude," where it can read conversations, break down tasks and proactively flag relevant updates across an organization without being asked. The agent, which will retain context over time, is available in beta for Claude Enterprise and Claude Team customers, with plans to expand to other platforms, Anthropic said.
Robinhood (HOOD) markets confirmed plans to sell $2 billion in convertible senior notes due 2029, and the stock dropped 2.2% in premarket trading on the news. A debt sale tied to a stock buyback usually reads as a vote of confidence. The fine print on this one tells a different story about what ...
Nu Holdings (NYSE:NU) has authorized a $1b share buyback program. The company is implementing management changes, including a CFO succession. Nu Holdings is investigating an erroneous liquidation message sent to some customers. The business continues expanding rapidly across key Latin American markets. Nu Holdings enters this news cycle with its stock at $12.79 and a mixed recent track record, with the share price down 24.9% year to date but up 75.0% over three years. The stock has also...
(Bloomberg) -- Netflix Inc. will release its first original horror video game on June 30, as it looks to court gamers with a tried-and-true genre.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallyIn U
