SoftBank is reportedly in early talks to back an $800m Agile Robots round
SoftBank is reportedly in early talks to back an $800m Agile Robots round

SoftBank, it seems, is not done buying robots. The Japanese group is in early talks to back a new funding round of around $800m (€700m) for Agile Robots, the Munich startup that builds robot arms, warehouse machines, and humanoids, according to Bloombe…

Jensen Huang says pay workers ‘as much as possible’ days after Nvidia commits 50% of free cash to shareholders
Jensen Huang says pay workers ‘as much as possible’ days after Nvidia commits 50% of free cash to shareholders

Jensen Huang’s comments at Computex defend the Samsung bonus structure that delivers $400,000 to chip engineers, but land alongside an $80bn Nvidia buyback announced two weeks ago. Jensen Huang, the Nvidia chief executive, told reporters on the sidelin…

Australia’s biggest bank says corporate AI is racking up bigger bills and producing ‘work slop’
Australia’s biggest bank says corporate AI is racking up bigger bills and producing ‘work slop’

CBA chief executive Matt Comyn used the phrase ‘work slop’ to describe the low-quality AI output now flowing through corporate workflows, as token-billed AI costs scale with task complexity. Matt Comyn, chief executive of the Commonwealth Bank of Austr…

Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation
Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation

The Huntington Beach defence-tech startup, run by a 22-year-old MIT dropout, has raised a $300M Series C at a $1.8bn valuation, nearly 4x its mark from June 2025. Mach Industries, the three-year-old defence-tech startup run by 22-year-old founder and c…

Alphabet to raise $80bn in equity to fund its AI spending
Alphabet to raise $80bn in equity to fund its AI spending

Alphabet is raising $80bn in equity, an unusually large sum for a company that has rarely needed to ask. The Google parent announced the plan on Monday to help fund what it called investment in world-class AI compute infrastructure to meet unprecedente…

GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.
GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

GoPro warned on Monday that there is “substantial doubt about the company’s ability to continue as a going concern.” The action-camera maker reported a 26% revenue decline in Q1 and expects to breach several loan covenants. Shares fell as much as 14%. …

Hackers hijacked Instagram accounts by asking Meta’s own AI chatbot to reset the password
Hackers hijacked Instagram accounts by asking Meta’s own AI chatbot to reset the password

Hackers hijacked Instagram accounts over the weekend by tricking Meta’s own AI-powered support chatbot into granting them access. The attack required no access to the victim’s email, no phishing link, and no malware. The hacker simply asked the chatbot…

Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation
Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation

Anthropic has confidentially submitted draft registration paperwork for an initial public offering with the Securities and Exchange Commission, the company announced in a blog post on Monday. The number of shares to be offered and the price have not be…

Salesforce is acquiring Contentful to give Agentforce a content layer that can assemble experiences on the fly
Salesforce is acquiring Contentful to give Agentforce a content layer that can assemble experiences on the fly

Salesforce has signed a definitive agreement to acquire Contentful, the API-first headless content management platform used by more than 4,800 enterprises to deliver digital experiences across web, mobile, and emerging channels. The deal, announced on …

LG Electronics has quadrupled this year. The catalyst: a meeting with Jensen Huang about physical AI.
LG Electronics has quadrupled this year. The catalyst: a meeting with Jensen Huang about physical AI.

LG Electronics shares have quadrupled this year. The stock hit its 30% daily limit for a second consecutive session on Monday after reports that LG Group Chair Koo Kwang-mo will meet Nvidia CEO Jensen Huang on 5 June. The meeting will focus on expandin…