Grok’s federal stall is undercutting SpaceX’s IPO growth story
Grok’s federal stall is undercutting SpaceX’s IPO growth story

Downloads have fallen from 20m in January to 8.3m in April, paid conversion is a fifth of ChatGPT’s, the $0.42-per-agency GSA deal is now stalled, and SpaceX has rented out the Memphis Colossus 1 cluster to Anthropic for $1.25bn a month. SpaceX’s S-1 f…

Nvidia no longer reports gaming GPU sales as a separate segment — posts eye-watering $81.6 billion Q1 profit thanks to AI boom

Nvidia to split its revenue streams based on deployment markets rather than product segments going forward.

AMD commits more than $10bn to Taiwan’s AI ecosystem with ASE, SPIL and Helios as the visible deliverables
AMD commits more than $10bn to Taiwan’s AI ecosystem with ASE, SPIL and Helios as the visible deliverables

Lisa Su’s Taiwan announcement covers advanced silicon, packaging and manufacturing partnerships for the company’s rack-scale Helios platform, set for deployment in the second half of 2026. AMD announced on Wednesday more than $10bn of investments acros…

Canva launches inside Google Gemini, completing its push to be the design layer for every major AI assistant
Canva launches inside Google Gemini, completing its push to be the design layer for every major AI assistant

Canva has spent the past year quietly embedding itself into every major AI assistant. First came Claude, then ChatGPT, then Microsoft Copilot. Now Google Gemini gets the same treatment, and the strategy is complete. The company launched its Connected A…

Airbnb is adding hotels, car rentals, and luggage storage as it evolves from a home-sharing app into a full travel platform
Airbnb is adding hotels, car rentals, and luggage storage as it evolves from a home-sharing app into a full travel platform

  Airbnb started as a way to book someone else’s spare room. It is now trying to become the app you never leave during a trip. The company’s summer 2026 release adds boutique hotels, car rentals, luggage storage, and thousands of new experiences to the…

LinkedIn is finally cracking down on AI slop, and the feed might actually become readable again
LinkedIn is finally cracking down on AI slop, and the feed might actually become readable again

If your LinkedIn feed has felt like it was written by one person with 10 million accounts, you are not imagining things. The platform has become a petri dish for AI-generated posts that say nothing while sounding vaguely inspirational. Now LinkedIn say…

Figma builds its own AI assistant that can design alongside you on the canvas
Figma builds its own AI assistant that can design alongside you on the canvas

Summary: Figma is launching its own AI agent that operates directly on the collaborative design canvas, letting users generate, edit, and iterate on designs through natural language prompts. The move follows partnerships with Anthropic and OpenAI and t…

AI model "capability overhang" biggest challenge facing European businesses, says OpenAI revenue chief

European businesses are shifting from pilot to deep integration of OpenAI’s technology, but there is a “little bit of a capability overhang” between the utility of AI models and what businesses can su…

Russia’s Sberbank wants Chinese chips for its GigaChat AI in the face of Western sanctions — faces a long wait behind ByteDance and Alibaba

CEO German Gref didn’t specify which Chinese chips Sberbank is interested in, but the most likely candidate is Huawei’s Ascend 950 family.

French companies bid $10bn for one of the EU’s five planned AI gigafactory sites
French companies bid $10bn for one of the EU’s five planned AI gigafactory sites

A Scaleway-led AION consortium, with backing from Iliad, GENCI, Inria, Eviden, SiPearl, Hugging Face, and Mistral-adjacent partners, is positioning France as a single-country bidder against multi-state proposals from Spain, Germany, and the Netherlands…