Micron reported Q3 FY2026 revenue of $41.46 billion — smashing guidance by $8 billion — and guided Q4 to $50 billion as AI memory demand outpaces chip supply.
Tag: artificial intelligence
Posted inTech
Forty-two state attorneys general subpoena OpenAI days after its IPO filing
A coalition of 42 states subpoenaed OpenAI just four days after its IPO filing, targeting ChatGPT’s health data practices, treatment of minors, and a design flaw called model sycophancy.
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EU picks Domyn’s EUROPA to build a 400-billion-parameter open-source AI in all 24 EU languages
The EU selected Italian startup Domyn’s EUROPA consortium to build a 400-billion-parameter open-source AI model covering all 24 official EU languages.
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Anthropic and DeepMind CEOs call for US-led global AI coalition at G7
Anthropic’s Dario Amodei and Google DeepMind’s Demis Hassabis called for US leadership on global AI standards at the G7 summit in Évian on June 17.
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London Tech Week closes with £6bn in AI pledges and a national compute push
London Tech Week 2026 concluded with £6 billion in AI pledges, including AMD’s £2bn five-year commitment and a UK government £1.1bn AI Hardware Plan anchored by a £750m national supercomputer.
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German court declares Google liable for false AI Overview claims
Munich’s Regional Court found Google directly liable for false AI Overview statements, ruling the summaries are Google’s own speech and not protected search-result listings.
Posted inMarkets
Coinbase lays out the next phase of its Everything Exchange vision
Coinbase detailed plans on June 16 for a unified account spanning crypto, stocks, ETFs, perpetual futures, lending and AI trading agents, as COIN shares gained 2.6%.
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SpaceX-xAI’s $75 billion raise signals AI infrastructure is entering the public-market era
SpaceX-xAI’s record $75 billion IPO on June 12 marks the moment AI infrastructure financing moved from venture capital to public markets, with $30 billion in compute deals and a $1.77 trillion valuation setting the benchmark.
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OpenAI files confidential S-1 with the SEC as the AI IPO race intensifies
OpenAI submitted a draft S-1 registration statement to US regulators on June 8 at an $852 billion valuation, joining a historic cluster of AI companies moving toward public markets.
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Apple powers Siri AI with Google Gemini as Tim Cook names his September successor
Apple unveiled a rebuilt Siri AI using Google’s Gemini model at WWDC 2026, while CEO Tim Cook announced John Ternus as his successor effective September 1.