Anthropic Files for IPO, Eyes $1 Trillion Debut

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.

Intel Crescent Island GPU Skips HBM for 480GB LPDDR5X

Intel's Crescent Island inference GPU trades HBM bandwidth for 480GB of LPDDR5X, targeting customers locked out of NVIDIA's supply chain.

Trump Signs Voluntary AI Review Order After Pushback

Trump signed a narrowed AI executive order giving the government 30 days of voluntary pre-release access to frontier models, after industry lobbying gutted the original 90-day mandatory proposal.