02 Jun 2026
Meta reveals details about layoffs in Playa Vista and Menlo Park
Meta will lay off more than 2,000 workers in California, including 2,200 at its Menlo Park headquarters and 74 in Playa Vista, as it cuts 10% of staff.
02 Jun 2026
Will SpaceX still be a launch company after its historic IPO?
Artist's illustration of several SpaceX Starship upper stages on the moon. (Image credit: SpaceX) On May 20, SpaceX filed with the U.S. Securities and Exchange Commission (SEC) key documentation for an initial public offering (IPO) of stock. An IPO signals that a private company is now selling shares to the public on a stock exchange. SpaceX's long-anticipated move could become the largest IPO in…
02 Jun 2026
Inside the Trump money machine: How the president and his family are cashing in on his return to the White House
Donald Trump attempted to establish a nearly $1.8 billion fund, potentially benefiting his supporters, as part of a resolution of a lawsuit he initiated against his own government. He reportedly argued that he "gave up a lot of money in allowing" the fund to be created. However, following significant backlash from Congress and the courts, the White House is now reconsidering the fund, which could…
02 Jun 2026
Nvidia corners the AI agent stack
Good morning, {{ first_name | AI enthusiasts }}. Nvidia CEO Jensen Huang had a simple but bold statement at COMPUTEX in Taiwan to open his keynote: “Agentic AI has arrived.” He then pointed his whole ecosystem at backing that claim up. The chipmaker's latest reveals stretched from the laptop to the data center to the factory floor, unified by the bet that AI agents will dominate future compute…
02 Jun 2026
Chinese humanoids are one step closer to IPOs
China is pitching itself as the global fulcrum for the next phase of artificial intelligence and a legion of robotics companies is lining up initial public offerings to test investor appetite.
02 Jun 2026
Humanoid robot study tours ignite new passion for AI among Chinese youth
A child dances with a robot at a science and technology museum in Jinhua City, east China's Zhejiang Province, on May 2, 2026. People across the country are going outdoors to enjoy the five-day May Day holiday, which began on May 1. (Photo by Shi Kuanbing/Xinhua)
02 Jun 2026
Alphabet to raise $80bn from share sales to fund AI spending splurge – business live
From 5m agoIntroduction: Alphabet to raise $80bn for AI spendingGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The economics of the AI boom are...
02 Jun 2026
The 10 richest people in the world: Elon Musk, Larry Page and Jeff Bezos lead the global wealth race
The richest people in the world have become even richer than ever before due to the ongoing emergence and development of artificial intelligence, cloud computing, and infrastructure technologies. The combined wealth of the world’s richiest people has increased to around $2.9 trillion. This rise mainly occurred during the past month, when tech stocks surged as investment in artificial intelligence…
02 Jun 2026
China’s humanoid robot industry accelerates commercialization, marked with growing sales, surging investment
Chinese start-up Unitree Robotics opened its Asia's first embodied intelligence experience store in Jing'an district in downtown Shanghai on Sunday. Spanning over 100 sqms, the store features and sells a range of end-user products, including the G1/R1 humanoid robot and Go2 robotic dog.
