Apple announced a number of new updates during its annual Worldwide Developer Conference 2025 keynote
Author: Nileena Sunil
Amazon has announced it is planning to spend $20 billion to build two data center complexes in Pennsylvania
OpenAI has announced that it has reached $10 billion in annual recurring revenue (ARR), up from around $5.5 billion last year
Meta is reportedly in the talks for a multibillion-dollar investment in Scale AI. This investment could exceed $10 billion, making it the company’s largest external investment
OpenAI has responded to user panic over a sweeping court order that requires the retention of chat logs for an indefinite period of time
Metaplanet, a Tokyo-listed investment company has revealed plans to raise $5.4 billion by issuing 555 million shares
Global grid investment is projected to exceed $400 billion in 2025, driven primarily by China, Europe, and North America which together account for over 50% of this spending
Aircraft maker Boeing has reached a deal with the Department of Justice (DOJ) that enables it to escape prosecution for a fraud charge related to two 737 Max crashes
Defense tech startup Anduril has raised $2.5 billion in a Series G funding round that nearly doubled its valuation to $30.5 billion
Reddit has reportedly sued AI company Anthropic, alleging the unauthorized use of its data to train AI models.
Amazon states that this project would help create at least 500 new high-skilled jobs while supporting thousands of other jobs in the Amazon Web Services (AWS) data center supply chain
The three million users comprise of ChatGPT Enterprise, ChatGPT Team, and ChatGPT Edu customers
Vibe-coding startup Windsurf revealed that Anthropic significantly reduced its first-party access to its Claude 3.7 Sonnet and Claude 3.5 Sonnet AI models
Mubi closed on a $100 million from Sequoia, valuing the streaming platform at $1 billion and giving it unicorn status
Elon Musk’s brain computer interface startup Neuralink announced in a blog post on Monday that they raised $650 million in a Series E funding round
In a surprising nod to the developer community, Google CEO Sundar Pichai revealed he enjoys “vibe coding with Replit” in his spare time
According to the deal, Meta would buy all power produced in Constellation’s plant in Clinton, Illinois, for a 20-year period beginning 2027
Chris Hyams would serve as board member for a year while Hisayuki Idekoba, the CEO of the company’s parent firm Recruit, would return as Indeed’s CEO after a six year break
Snowflake, a cloud-based data warehousing company, has agreed to acquire database startup Crunchy Data
Google has quietly released Google AI Edge Gallery, an app that allows users to run a range of openly available AI models from the AI dev platform Hugging Face on their phones
While Chime is offering 25.9 million shares in the offering, other shareholders like the venture capital firm Cathay Innovation are putting up 6.1 million shares
Y Combinator-backed startup Caucus has been launched by founders Tyler Chen and Amir Farahani
AI writing assistant Grammarly announced on May 30 that it has obtained $1 billion in funding from General Catalyst’s Customer Value Fund
The U.S. Department of Energy (DOE) has announced a new contract with Dell to develop NERSC-10
ClickHouse, a database technology startup and leader in real-time analytics, data warehousing, observability, and AI/ML, announced today it has raised $350 million