Economics

Google parent raises stakes in AI race with $80 billion funding plan

Alphabet, the parent company of Google, has unveiled plans to raise a staggering $80 billion in equity offerings, including a landmark $10 billion investment from billionaire Warren Buffett's Berkshire Hathaway in a move that is sending shockwaves through global financial markets.

02 Jun 2026-01:19
SpaceX sets aside 5% of IPO shares for selected buyers, waives lock-up

SpaceX has reserved 5% of the shares ‌in its planned initial public offering for certain employees and individuals selected by its executive officers, exempting them from post-IPO lock-up restrictions, according to a regulatory filing released on Monday.

02 Jun 2026-00:36
Tesla sees continued recovery in European sales

01 Jun 2026-23:58
Nvidia courts Korea's tech giants at Taipei dinner as AI push deepens

Nvidia (NVDA.O), opens new tab CEO Jensen Huang hosted top South Korean tech executives ‌including the boss of chipmaker SK Hynix at a boisterous dinner on Monday, as he looks to deepen ties with key partners ahead of what he called an "incredibly busy" stretch for the AI boom.

01 Jun 2026-23:12
OpenAI let ChatGPT aid and abet mass shooters

Florida has become the first US state to sue OpenAI over the design and safety of the company's artificial intelligence (AI) chatbot, ChatGPT.

01 Jun 2026-23:09
How did Anthropic become one of the world's most valuable AI companies in just five years?

AI giant Anthropic has said it plans to become a public company in the US.

01 Jun 2026-21:57
Italy new car registrations up 7.6% y/y in May

New car registrations in Italy rose in May by 7.6% year-on-year to ‌150,096 vehicles, transport ministry data showed on Monday.

01 Jun 2026-21:13
ServiceNow shares jump as AI boosts software stocks

01 Jun 2026-16:46
Motorola targets rogue drones with $1.5 billion D-Fend deal

Motorola Solutions (MSI.N), opens new tab said it would buy Israeli startup D-Fend Solutions for $1.5 billion as governments and critical infrastructure operators worldwide rush to defend against the growing threat of rogue drones.

01 Jun 2026-16:24
Samsung Electronics to move US headquarters from New Jersey to Texas

01 Jun 2026-15:54