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Ferrari introduced its first fully electric supercar, the Luce, featuring 1,050 horsepower, a 2.4-second 0–100 km/h time, and interior design collaboration with former Apple designer Jony Ive.
LG Group companies are gaining investor attention as optimism around the conglomerate’s robotics strategy boosts expectations for long-term growth in automation and AI technologies.
The Trump administration is distributing $2 billion in grants across nine quantum computing companies, triggering premarket rallies of up to 25% in several quantum-related stocks.
Meta reportedly laid off 8,000 employees and reassigned 7,000 workers to AI projects while introducing internal AI systems designed to monitor employee activity for model training purposes.
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 Ryan Breslow said the fintech company eliminated its entire HR department during a broader restructuring effort, arguing the team was creating unnecessary internal issues.
Google unveiled its biggest search transformation in 25 years, replacing traditional link-based results with AI-generated answers, interactive tools, and autonomous agents.
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 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.
Cisco plans to cut 4,000 jobs as part of an AI-driven business transformation after reporting stronger-than-expected earnings and raising its outlook.
SpaceX introduced the third generation of its Starship system featuring upgraded Raptor 3 engines and a redesigned launch architecture, while pre-IPO pricing on Hyperliquid fell 7%.
Google introduced Googlebook, a new AI-focused laptop category powered by Gemini and Android 17, featuring contextual AI controls and natural-language desktop tools.
Google is reportedly in talks with SpaceX about launching orbital data centers as tech companies explore new ways to expand AI computing infrastructure.
eBay rejected GameStop’s unsolicited $56 billion takeover proposal, sending GameStop shares lower as investors questioned the feasibility of the deal.
Cowboy Space raised $275 million to develop rockets designed for space-based AI data centers, targeting a rapidly emerging market for orbital computing infrastructure.