29 May 2026
Anthropic soars to $965bn valuation, leapfrogging OpenAI
Claude maker raises $65bn from investors ahead of expected initial public offering. Anthropic has usurped OpenAI as the world’s most valuable artificial intelligence startup, soaring to a $965bn valuation ahead of expected public listings by the rival firms.
25 May 2026
Why the SpaceX IPO is the talk of Wall Street and beyond
Tech billionaire Elon Musk’s SpaceX is preparing to list its shares on the US-based Nasdaq in what will be the most hotly anticipated initial public offering (IPO) in years. Here’s everything you need to know about the deal:
20 May 2026
Meta cuts 8,000 jobs in sweeping global layoffs
Meta cancels hiring plans for 6,000 roles amid ongoing layoffs and a pivot to artificial intelligence development. Meta has launched a wave of layoffs that will affect 10 percent of the company’s global workforce, representing about 8,000 people. The cuts, which began on Wednesday, are planned to occur in three waves, beginning at 4am local time for those affected, the Reuters news agency…
15 May 2026
After Trump’s pledge to ‘open up’ China, low expectations for summit deal
Before arriving for his high-stakes summit with Chinese leader Xi Jinping, US President Donald Trump aimed to set expectations high. He said he’d urge Xi to “open up” China’s economy and announced a delegation of top business executives, including Tesla’s Elon Musk, Apple’s Tim Cook and Nvidia’s Jensen Huang, to accompany him.
12 May 2026
France’s Macron announces $27bn investment in Africa at Kenya summit
The Africa Forward summit comes amid France’s fading ties with its former African colonies, as Kenya seeks greater trade. French President Emmanuel Macron has announced 23 billion euros ($27bn) of investment during the Africa Forward summit in Kenya.
