Author: Editor-In-Chief

BEIJING, CHINA – MAY 14: NVIDIA CEO Jensen Huang waves as he prepares to depart from the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty ImagesNvidia CEO Jensen Huang has been invited to testify before the Senate Banking Committee on June 11, as Massachusetts Sen. Elizabeth Warren zeroes in on the company’s sales in China, export controls and its role at the center of the global AI boom.”Appearing as a witness provides an opportunity to testify regarding NVIDIA’s views regarding U.S. export control laws and regulations and NVIDIA’s…

The administration of US President Donald Trump has issued a statement labeling anti-government protests in Bolivia as an attempted coup against the country’s right-wing president.On Thursday, U.S. Secretary of Defense Pete Hegseth posted on social media that U.S. military officials “reject any attempt to overthrow the legitimate government” of Bolivian President Rodrigo Paz.Recommended stories list of 3 itemsend of listHe also suggested that the protesters, many of whom were teachers, miners, farmers and union members, were colluding with “narco-terrorists,” the Trump administration’s term for drug traffickers.”The United States is watching. Bolivia must not allow itself to fall prey to the…

Poke, a startup that makes using AI agents as easy as sending a text message, has become the first AI agent approved to run on Apple’s Messages for Business platform. Previously, the platform was designed to help companies like airlines, retailers, and hotel chains communicate with their customers through iMessage, offering a standardized interface that supported both automated chat and live agents. Previously, it was not exposed to standalone third-party AI agents. Poke, released in March, was one of the first AI agents designed to be accessible to casual users without the technical skillset or inclination to work with command-line…

Quantinum Thursday’s Nasdaq debut was little changed, with a market value of $15.7 billion. The stock opened at $68 per share and hit a session high of $71.35 per share. The company raised $1.68 billion in a blockbuster IPO after pricing its shares at $60 per share, above its initial range of $53 to $55. Quantinuum was formed in 2021 through a merger with the following companies: honeywell’s quantum computing division and UK-based Cambridge Quantum. The company describes itself as a “full-stack quantum computing platform” that spans both hardware and software.In an S-1 filing released last month, Quantinuum said its…

Quantinum Thursday’s Nasdaq debut was little changed, with a market value of $15.7 billion. The stock opened at $68 per share and hit a session high of $71.35 per share. The company raised $1.68 billion in a blockbuster IPO after pricing its shares at $60 per share, above its initial range of $53 to $55. Quantinuum was formed in 2021 through a merger with the following companies: honeywell’s quantum computing division and UK-based Cambridge Quantum. The company describes itself as a “full-stack quantum computing platform” that spans both hardware and software.In an S-1 filing released last month, Quantinuum said its…

Bitcoin The start of June has taken a hit as the market loses its dominant narrative and liquidity continues to shift to other assets.This combination leaves the flagship cryptocurrency vulnerable to further downward pressure as investors reduce risk and shift capital to markets with more momentum or more obvious short-term triggers, such as the chip rally or SpaceX’s IPO. According to Coinmetrics, Bitcoin is down 13% this week, marking its worst week since February.This is a well-known feature of cryptocurrency cycles. Once the dominant narrative loses momentum, liquidity quickly shifts to other parts of the market. And without new catalysts…

Just when you thought the AI ​​data center boom couldn’t get any crazier, Meta built a data center inside a tent. This strategy seems to borrow equal parts from Tesla and xAI. To cut construction time in half, Meta built six tents, or what the company calls “rapid deployment structures,” outside New Albany, Ohio, said Michael Thomas, founder of Cleanview, which tracks data center deployments. Thomas’ discovery is not entirely new. Meta CEO Mark Zuckerberg told the Information last year about plans to use weatherproof tents to house the company’s multi-gigawatt data centers. But Thomas’ images and review of local…

Nearly 40 ships previously stranded in the Persian Gulf have left the Strait of Hormuz in the past three weeks in quiet coordination with the U.S. Navy, according to Lloyd’s List Intelligence.Lloyd’s List editor-in-chief Richard Mead said at a briefing on Thursday that some shipowners had submitted transit plans to Bahrain’s Naval Cooperation and Shipping Guidance Group. The premise, Meade said, is that the U.S. Navy provides limited assurance that it will deter looming threats to commercial shipping. “The decision to transit is made solely by the vessel operator,” Meade said. “Industry executives tell us there is no central coordination.”…

American companies are trying to figure out how to rein in increased spending on artificial intelligence. That’s helping payments software giant Lamp.The spend management company announced a $750 million funding round Thursday at a valuation of $44 billion. The round was led by ICONIQ, GIC and Ontario Teachers’ Pension Plan, increasing Ramp’s valuation by approximately 38%. CEO Eric Greiman said the New York-based company had positive free cash flow and annual revenue of more than $1 billion. Some of this growth is coming from enterprise customers who are grappling with AI spending that is eating up a large portion of…

Sen. Bill Cassidy (R-LA) speaks at the CNBC CEO Council Summit in Washington, DC on June 2, 2026.Aaron Clammage | CNBCLouisiana Republican Sen. Bill Cassidy signed a court brief calling President Donald Trump’s “anti-weaponization” fund a “grave threat” to Congress and constitutional order. The court brief by Mr. Cassidy and Sen. Cory Booker (D.N.J.) was filed Wednesday in a lawsuit challenging the fund that is pending in a Virginia court. Cassidy lost a runoff in Louisiana last month amid a pro-Trump primary, but Congress is considering amendments to the budget reconciliation bill that could eliminate the “legislative” fund entirely.Mr. Cassidy’s…