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Tech Industry Cloud & Infrastructure AI & Machine Learning

SpaceX shares slide as it joins the tech-heavy Nasdaq-100

Musk-led company joined the index on Tuesday, less than a month after its stock market debut on June 12, among the fastest inclusions ever. SpaceX’s swift addition to the Nasdaq-100 index is expected to unleash billions in passive buying, as brokerages kicked off coverage of the $2 trillion rocket and satellite company with largely bullish views.
News Desk
2026
Tech Industry Product Launches AI & Machine Learning

US trade deficit surges amid artificial intelligence spending boom

Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors. The United States trade deficit has jumped to $77.6bn in May on rising imports, driven by goods that include pharmaceuticals, mobile phones and semiconductors.
Andy Hirschfeld
2026
Tech Industry Startups AI & Machine Learning

Family sues Tesla for wrongful death in Autopilot crash in Texas, US

Lawsuit claims Tesla’s Autopilot shortcomings led to fatal crash; family seeks $1m in damages and punitive measures. The family of a Texas woman who was killed has filed a lawsuit against Tesla after a driver using a Model 3’s automated driving assistance system crashed into a suburban Houston home last week.
News Desk
2026
Tech Industry Startups AI & Machine Learning

US watchdog opens probe after Tesla crashes into Texas home, killing woman

Road safety regulator investigates crash involving a Model 3 that had been reportedly operating in self-driving mode. The US road safety watchdog has launched an investigation after a Tesla vehicle reportedly operating in self-driving mode crashed into a house in Texas, killing a 76-year-old woman inside.
John Power
2026
Tech Industry Startups AI & Machine Learning

US export ban on Anthropic’s AI models further strains alliances

Artificial intelligence has become the latest issue to drive a wedge between the United States and its allies after US President Donald Trump ordered tech giant Anthropic to cut off foreign access to its powerful Mythos 5 and Claude Fable 5 AI models, citing national security concerns.
Erin Hale
2026
Tech Industry Startups AI & Machine Learning

Musk’s $1.8 trillion SpaceX IPO could be ‘highly undesirable’ for some

SpaceX is expected to debut on the United States’ public markets on Friday in what will be the largest initial public offering (IPOs). Artificial intelligence (AI) giants OpenAI and Anthropic are also widely expected to go public soon, and thanks to a new rule change by tech stock exchange Nasdaq, individual investors could own stock of these companies when they go public in as soon as 15…
Andy Hirschfeld
2026
Tech Industry Startups AI & Machine Learning

Anthropic urges AI labs to pause, warns humans risk losing control

Anthropic is proposing that the world’s top artificial intelligence companies come up with a coordinated way to pause development of advanced AI systems, warning that the technology is improving so quickly that there’s a risk humans would lose control.
News Desk
2026
Tech Industry Software Development AI & Machine Learning

AI giant Anthropic files for US IPO as investors bet big on AI future

Anthropic, which operates AI chatbot Claude, did not disclose the size or the terms of the offering.Artificial intelligence giant Anthropic has confidentially filed for an initial public offering (IPO) in the...
News Desk
2026
Tech Industry Software Development AI & Machine Learning

US says ban on AI chip shipments applies to Chinese firms outside China

Department of Commerce issues guidance on chip restrictions amid concerns about loopholes in export control regime. The United States has issued a notice affirming its restrictions on shipments of semiconductors to subsidiaries of Chinese companies located outside China amid concerns about loopholes in Washington’s export control regime.
John Power
2026

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