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Bloomberg75d agoneutral
AI Coding Startup Cognition Raises $1 Billion at $26 Billion Value

(Bloomberg) -- Cognition AI Inc. has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using artificial intelligence for software development. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From KyivTwo More Oil

Google Gemini 3.5 Looks Like a Legit Flex, Yet Alphabet Stock Keeps Slipping — Is This a Glorious Buying Opportunity?
24/7 Wall St.75d agobullish
Google Gemini 3.5 Looks Like a Legit Flex, Yet Alphabet Stock Keeps Slipping — Is This a Glorious Buying Opportunity?

The AI trade is really starting to take off, but much of the gains, at least of late, have been concentrated within the same old, same old. The semiconductor trade has continued to melt up at a staggering pace. Just when you thought that the trade was going to implode and Dr. Michael Burry, who’s ... Google Gemini 3.5 Looks Like a Legit Flex, Yet Alphabet Stock Keeps Slipping — Is This a Glorious Buying Opportunity?

Alphabet Explores Orbital Data Centers To Power Long Term AI Growth
Simply Wall St.75d agoneutral
Alphabet Explores Orbital Data Centers To Power Long Term AI Growth

Google, part of Alphabet (NasdaqGS:GOOGL), is reportedly in advanced talks with SpaceX to deploy space-based data centers, aiming to support AI and cloud workloads. Google has joined the Data Center Innovation Initiative alongside Amazon, Meta, and Microsoft to test and co-fund next generation energy and materials technologies for data centers. For investors watching Alphabet, these moves sit at the intersection of cloud infrastructure, AI computing, and energy use. Space-based data...

Bloomberg76d agoneutral
ByteDance Weighs Capex of as Much as $70 Billion in AI Push

(Bloomberg) -- ByteDance Ltd., the developer of TikTok and a leading force in artificial intelligence, is considering increasing its capital spending to more than double last year’s in a bid to lead the Chinese AI market and challenge the top US players abroad.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Di

Analysis-Europe's push to break Big Tech's grip tempered by internal debate
Reuters76d agoneutral
Analysis-Europe's push to break Big Tech's grip tempered by internal debate

European leaders are divided on how far to go in curbing Big Tech as they weigh momentous decisions over giving EU firms preferential access to mobile satellite spectrum and limiting large multinationals' access to EU cloud tenders. On Tuesday, ‌Reuters reported Brussels was likely to leave an opening for Elon Musk's Starlink and Amazon's low-earth-orbit satellite business Leo to acquire lucrative European ‌mobile satellite spectrum next year as a result of a compromise that will reserve the bulk of frequencies for European firms. A separate decision on EU cloud tenders set for June 3 is expected to ​temper the influence of U.S. firms such as Amazon, Alphabet's Google and Microsoft, which dominate the global cloud market with a combined 63% share.

How Google’s $15 Billion Missouri AI Data Hub Strategy Could Reshape Alphabet’s (GOOGL) Investor Narrative
Simply Wall St.76d agobearish
How Google’s $15 Billion Missouri AI Data Hub Strategy Could Reshape Alphabet’s (GOOGL) Investor Narrative

In May 2026, Google announced a US$15.00 billion investment in new infrastructure across Missouri, anchored by a New Florence data center that emphasizes grid-resilient power sourcing, advanced air-cooling, and community-focused programs such as a US$20.00 million Energy Impact Fund and large-scale workforce training initiatives. By funding all incremental energy infrastructure it requires while helping lower local household utility bills, Google is using its AI-driven data center expansion...

Google-backed stock jumps after new AI deal
TheStreet76d agobullish
Google-backed stock jumps after new AI deal

Shares of TeraWulf (Nasdaq: WULF) surged during market hours on May 26 after the Bitcoin miner-turned-AI infrastructure company announced the acquisition of a hyperscale high-performance computing site. TeraWulf is a United States-based digital infrastructure company founded in 2021 by energy ...

Why the market could be in 'the most logical' bubble in history
Yahoo Finance Video76d agoneutralVIDEO
Why the market could be in 'the most logical' bubble in history

As the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are on track to close Tuesday's session at new records, the AI trade and rallies in chip stocks continue to be the biggest catalysts for markets trading at all-time highs. Ritholtz Wealth Management director of institutional asset management Ben Carlson examines the broader trends dictating market moves.