Google Rebuilds Search Around AI as Traditional Web Links Fade From Results
Google unveiled its biggest search transformation in 25 years, replacing traditional link-based results with AI-generated answers, interactive tools, and autonomous agents.
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SpaceX Reportedly Plans $60 Billion Acquisition of AI Startup Cursor After IPO
By
Emma Clarke
SpaceX is reportedly planning to acquire AI startup Cursor for $60 billion roughly 30 days after its expected IPO, signaling a major expansion into artificial intelligence software.
Bolt CEO Says Company Problems ‘Disappeared’ After Eliminating HR Department
By
Emma Clarke
Bolt CEO Ryan Breslow said the fintech company eliminated its entire HR department during a broader restructuring effort, arguing the team was creating unnecessary internal issues.
Polymarket and Nasdaq Launch Prediction Markets for Private Companies
Polymarket, in partnership with Nasdaq, introduced prediction markets tied to private companies, expanding speculative trading beyond public equities and cryptocurrencies.
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Google and Blackstone Launch AI Infrastructure Venture to Challenge Nvidia
By
Emma Clarke
Google and Blackstone launched a new U.S.-based AI infrastructure company built around Google’s TPU chips, aiming to compete with Nvidia and cloud computing firms like CoreWeave.
Meta Plans 20% Workforce Reduction as Company Accelerates AI Restructuring
By
Emma Clarke
Meta is reportedly planning to cut 20% of its global workforce while reallocating 7,000 employees to artificial intelligence projects as part of a major restructuring effort.
SEC Prepares Crypto Stock Trading Exemption That Could Reshape U.S. Markets
The SEC is reportedly preparing an 'innovation exemption' that could allow tokenized versions of stocks to trade on crypto platforms, marking a major step toward integrating blockchain infrastructure into U.S. equity markets.
HIVE Digital Stock Surges 40% After C$3.5 Billion, 320 MW AI Gigafactory Announcement
HIVE Digital shares jumped 40% after subsidiary BUZZ HPC unveiled plans for a C$3.5 billion AI gigafactory in the Greater Toronto Area with 320 MW capacity.
Ryanair Warns Smaller Airlines May Collapse Amid Jet Fuel Crisis
By
Nathan Cole
Ryanair said it has contingency plans for an 'armageddon scenario' as soaring jet fuel costs threaten weaker European airlines.
Berkshire Hathaway Adds Delta and Alphabet While Exiting Visa and Amazon
Berkshire Hathaway disclosed major portfolio changes in its latest 13F filing, adding to Alphabet and Delta Air Lines while fully exiting positions including Visa, Mastercard, and Amazon.
SpaceX Selects Nasdaq for Potential IPO Under Ticker SPCX
SpaceX has reportedly chosen Nasdaq for its anticipated IPO, which could take place as early as June 11 with shares expected to trade under the ticker SPCX.
Cerebras Shares Surge 70% in Debut After Blockbuster AI IPO
Cerebras shares jumped 70% in their market debut after the AI chipmaker completed the largest U.S. IPO of the year amid intense investor demand.
Cerebras Prices IPO Above Expectations in Biggest Listing of the Year
AI chipmaker Cerebras priced its IPO at $185 per share, raising $5.55 billion and valuing the company at roughly $56 billion amid overwhelming investor demand.