IBM and Red Hat Bet $5B on AI to Secure Open Source

Florida Sues OpenAI and Altman Over ChatGPT Safety Lapses

Florida becomes the first US state to hold an AI CEO personally liable, filing an 83-page complaint accusing OpenAI and Sam Altman of hiding ChatGPT's dangers while racing for market share.

Lovable Signs Google Cloud Deal to 5x Its Infrastructure

Lovable's multiyear Google Cloud pact quintuples its compute footprint and bundles access to both Claude and Gemini - a bet that enterprise credibility is the next growth act.

DeepSeek Nears $7.4B Close With Tencent and CATL

DeepSeek's maiden external funding round is nearing completion at up to $59B valuation, with Tencent and EV battery giant CATL as the biggest outside investors.

UK Forces Google to Give Publishers AI Search Opt-Out

The UK's CMA issued a world-first binding order requiring Google to let publishers opt out of AI Overviews, AI Mode, and AI model training, with nine months to comply.

Alphabet's $85B AI Bet Reverses Decade of Buybacks

Alphabet priced an $84.75B equity raise on June 2, reversing a decade of share buybacks to fund a $180-190B AI infrastructure buildout - backed by a $10B bet from Berkshire Hathaway.