Business and Finance Weekly
Intel's stock surge with the CPU boom as AI shift from training to inference. Meta has launched a mandatory program for its U.S.-based employees and contractors to record their mouse movements, clicks, and keystrokes to generate data for training its internal artificial intelligence models. Google (Alphabet Inc.) is planning to invest up to $40 billion in AI startup Anthropic. SpaceX transforms into an AI-first entity. The U.S. Space Force's Space Systems Command has awarded 20 prototype contracts worth up to $3.2 billion to 12 companies to develop space-based interceptors for the Golden Dome missile defense system. Russia’s war economy is characterized by a "get out of jail card" reprieve from surging global energy prices, despite structural exhaustion and record budget deficits. Tim Cook will step down as Apple CEO on September 1, 2026, ending a 15-year tenure to become executive chairman, with current hardware engineering senior VP John Ternus taking over as CEO. Meta is cutting 10% of its workforce—approximately 8,000 employees. China restricts US capital on AI. Chinese companies are shifting from low-cost manufacturing to exporting globally recognized consumer brands, focusing on lifestyle sectors like hotpot, bubble tea, and sportswear.
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