Tech & Business News Week in Review: 17-24 May, 2026

Tech & Business News Week in Review: 24-31 May, 2026

This was the biggest week in AI history. OpenAI filed its IPO at $852 billion to $1 trillion. SpaceX's S-1 revealed Anthropic is paying $1.25 billion a month for compute. Anthropic hired Andrej Karpathy and closed its $900 billion funding round. Google I/O launched Gemini Spark as a 24/7 personal AI agent and cut its subscription price 60%. Cognition's Devin raised $1 billion at $26 billion with $492 million in revenue. A developer supply chain attack hit GitHub, OpenAI, and Mistral. And on Sunday, Pope Leo XIV published the first papal encyclical on artificial intelligence. #WeeklyTechWrap #OpenAIIPO #GoogleIO #GeminiSpark #Anthropic #Karpathy #SpaceXIPO #AIEncyclical #AgenticAI #TechIPO #CognitionAI #DevinAI #AIInfrastructure #FrontierAI #TechNews2026

Tech & Business News Week in Review: 17-24 May, 2026

Nvidia just posted $81.6 billion in quarterly revenue — beating Wall Street by $3 billion — guided Q2 to $91 billion, and raised its dividend 25 times. The CLARITY Act cleared the Senate Banking Committee 15-9 and Bitcoin briefly hit $82,000. Sierra raised $950 million at a $15.8 billion valuation. True Anomaly pulled $600 million for space security. And JPMorgan's own growth equity arm backed Rogo — an AI company that automates financial research. fintech, and private equity. #WeeklyTechWrap #NvidiaEarnings #CLARITYAct #SierraAI #TrueAnomaly #DefenseAI #CryptoRegulation #AIInfrastructure #VentureCapital #FintechNews #PrivateEquity #Bitcoin #TechBlog #StartupFunding #AgenticAI

Tech & Business News Week in Review: 10-17 May, 2026

Nvidia reports Wednesday — $78.8 billion consensus, Goldman at $80 billion, and the single most watched earnings print of the year. The CLARITY Act hit its most consequential moment as banking lobbyists tried to kill it four days before the Senate markup and failed. Robinhood filed its second retail venture fund as its first one doubled in price since March. And three of the biggest crypto funds — a16z, Paradigm, and Haun — all raised billion-dollar-plus funds with the same AI-crypto convergence thesis in the same week. #WeeklyTechWrap #NvidiaEarnings #CLARITYAct #StablecoinRegulation #RobinhoodVC #a16zCrypto #AIInfrastructure #CryptoRegulation #VentureCapital #FintechNews #TechBlog #PrivateMarkets #AIStartups #DigitalAssets #ParallelWebSystems

Tech & Business News Week in Review: 3 -10 May, 2026

For the first time, Anthropic has overtaken OpenAI on annualised revenue — $30 billion versus $24 billion, driven by enterprise AI agents rather than consumer chat. This week OpenAI missed its internal revenue targets and its CFO raised concerns about funding future compute commitments. JPMorgan responded by reclassifying AI as core infrastructure with a $19.8 billion technology budget. Novo Nordisk partnered with OpenAI for drug discovery. A California court created new legal liability for AI advertising platforms. And European VC raised €360 million while the IT sector quietly shed 13,000 jobs. #WeeklyTechWrap #Anthropic #OpenAI #JPMorganAI #AIInfrastructure #NovoNordisk #AIRevenue #TechNews #EnterpriseAI #FintechNews #EuropeanStartups #DeepSeek #GeminiAI #AIRegulation #PrivateEquity

Tech & Business News Week in Review: 26 April - 3 May, 2026

The biggest AI partnership in history just got rewritten. Microsoft lost its exclusive lock on OpenAI. GPT-5.5 landed on AWS the next day. The Pentagon named eight AI vendors for classified networks — and left Anthropic off the list. Big Tech posted record earnings: Azure up 40%, Google Cloud up 63%, Apple at $111 billion. Stripe spent two days in San Francisco building payment rails for AI agents. And Anthropic is reportedly fielding $900 billion valuation offers. This was not a quiet week. #WeeklyTechWrap #OpenAI #Microsoft #AWS #GPT55 #PentagonAI #StripeAI #AgenticCommerce #BigTechEarnings #Anthropic #AIInfrastructure #CloudWars #TechNews #AIStartups #FinTech2026