Author: Editor-In-Chief

Nvidia has taken a new step into its investment case, locating it far from its data centers. It’s on your desk in your office or home. At the influential Computex conference in Taiwan, CEO Jensen Huang focused the first half of his keynote on the greatness of Nvidia’s Vera computing platform for data center and agent AI workloads. It was familiar territory. Its dominance of the data center AI chip market has made it the world’s most valuable company. Huang then pivoted and introduced an entirely new product line for Nvidia, pitting it against Intel and AMD in the Windows…

US President Donald Trump is reportedly canceling a $1.8 billion “anti-weaponization” fund after pushback from Congress, including from Republican lawmakers.On Monday, US media suggested the fund would be suspended, but the White House has yet to officially confirm this report.Recommended stories list of 4 itemsend of listAxios first reported the news citing anonymous officials. “It’s dead for now,” officials told news outlets.The “anti-weaponization” fund was announced last month as part of a settlement between President Trump and the Internal Revenue Service (IRS), part of his executive branch.According to documents released by the Justice Department, the $1.8 billion was earmarked for…

At TechCrunch’s StrictlyVC event in Athens this week (part of the city’s ongoing Panatenea Festival), I spoke with Niko Bonatsos of Verdict Capital, Andreas Stavropoulos of Threshold Ventures, and Ben of Aomico. We spoke with Blume about the current state of venture investing, the wave of huge IPOs SpaceX is about to embark on, and where he sees a sea of opportunity still out there. The following conversation has been edited for length and clarity. You can see the entire discussion at the bottom of the page. SpaceX is reportedly aiming for a $1.75 trillion valuation in its IPO, and…

Traders at work at the New York Stock Exchange on May 28, 2026. new york stock exchangeU.S. stock futures were little changed Monday night after all three major indexes set new records during regular trading.S&P500 futures Although it fell by 0.2%, Nasdaq 100 futures 0.3% reduction. Futures linked to the Dow Jones Industrial Average It fell 79 points, or less than 0.2%.shares of hewlett packard enterprise Shares soared 37%, beating The Street’s expectations, after the company issued rosy guidance for the current quarter and raised its full-year outlook. HPE’s second-quarter results also marked its biggest profit since 2018.Technology sector gathering…

Anthropic said it has secretly filed an IPO prospectus with the Securities and Exchange Commission, setting up a potentially historic stock sale for investors ready to take the leap into artificial intelligence. “This gives us the option to go public after the SEC completes its review,” Anthropic said in a statement Monday. “The proposed initial public offering is subject to market conditions and other factors.”The announcement puts Anthropic ahead of rival OpenAI, which is preparing its own confidential filing. Elon Musk’s SpaceX has officially filed its prospectus and is gearing up for a roadshow this week, with plans to debut…

Once the electoral stalemate ends, Prime Minister Frederiksen will likely continue to accommodate President Trump’s aspirations for Greenland.Published June 1, 2026June 1, 2026Mette Frederiksen, leader of the Danish Social Democratic Party, announced that she has agreed to form a centre-left minority government, securing her third consecutive term as prime minister.The breakthrough announced on Monday ends more than two months of political deadlock after a deeply divided general election in March. The next cabinet will come to power amid an immediate diplomatic crisis with the United States over the future of Greenland.Recommended stories list of 3 itemsend of listThe agreement to…

SpaceX has added new language to its IPO filing warning prospective investors about the company’s access to water, a potentially scarce resource. The company, which owns Elon Musk’s AI business xAI, wrote in a revised filing Monday that access to the water needed to cool data centers is just as important as SpaceX’s ability to secure power, processors and other critical resources. The addition comes amid a constantly evolving debate about how much water data centers use and whether that usage is contributing to localized droughts exacerbated by climate change. Deep in the “Risk Factors” section of SpaceX’s IPO filing,…

On May 12, 2026, OpenAI CEO Sam Altman arrived at the federal court in Oakland, California, on the day of the trial of Elon Musk’s lawsuit regarding OpenAI’s commercialization. Carlos Barria | ReutersFlorida Attorney General James Usmeyer filed a lawsuit Monday against OpenAI and its CEO Sam Altman, alleging that the artificial intelligence company intentionally released unsafe products that could harm users.The 83-page complaint alleges that OpenAI’s ChatGPT chatbot aided and abetted “fatal assaults” in mass shootings, drove vulnerable people to suicide, undermined users’ critical thinking skills, and addicted minors to tools that “feigned human sympathy.””This series of harms was…

OpenAI and its CEO Sam Altman were sued by Florida’s attorney general on Monday in the first state lawsuit over ChatGPT’s alleged links to numerous violent incidents. The lawsuit accuses OpenAI of turning a blind eye to safety concerns in favor of “winning the AI ​​arms race and making millions.” “Today, we announced the nation’s first state-led lawsuit against OpenAI and its CEO Sam Altman,” said Florida Attorney General James Usmeyer. “OpenAI and Altman ignored internal and external safety warnings, exposed children to great risk, and allowed dangerous products to reach millions of Floridians.” “Defendants’ misrepresentations about ChatGPT and their…

Masayoshi Son, Chairman and CEO of SoftBank Group Corp., speaks at the event “SoftBank World” held in Tokyo on Wednesday, July 16, 2025. Son and OpenAI CEO Sam Altman argued via conference call that advances in artificial intelligence will lead to new jobs not yet imagined and that advances in robotics will help start a loop of “self-improvement.” Photographer: Kiyoshi Ota/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesHello, my name is Leonie Kidd and I’m from London. Welcome to today’s Daily Open Newsletter.Chatting with a colleague in a London newsroom this Monday morning, we mentioned that it appears there…