
Hyundai, Nvidia, and South Korea Near Deal for Major AI Technology Center
Jun 04, 2026 04:00 am UTC| Business Technology
Hyundai Motor, Nvidia, and the South Korean government are reportedly in the final stages of negotiations to establish a major artificial intelligence (AI) technology center in South Korea, according to a report by the...

TSMC Sees Strong AI-Driven Growth as Demand for Advanced Chips Continues to Surge
Jun 04, 2026 03:57 am UTC| Business Technology
Taiwan Semiconductor Manufacturing Company (TSMC), the worlds largest contract chipmaker, remains optimistic about its long-term growth prospects as demand for artificial intelligence (AI) computing power and advanced...

SpaceX Sets IPO Price at $135 Per Share Ahead of Historic Nasdaq Debut
Jun 04, 2026 03:53 am UTC| Business Technology
SpaceX has announced that it will price its highly anticipated initial public offering (IPO) at $135 per share, a full week before its expected market debut. The move marks a significant departure from the traditional Wall...

DeepSeek Targets $7.4 Billion Funding Round, Valuation Could Reach $59 Billion in 2026
Jun 03, 2026 04:21 am UTC| Business Technology
Chinese AI startup DeepSeek is reportedly preparing to raise approximately 50 billion yuan ($7.4 billion) in its first external funding round, a move that could value the company at between 350 billion yuan and 400 billion...

Palo Alto Networks Q3 FY2026 Earnings Surge on Strong AI Security Demand, Raises Full-Year Outlook
Jun 03, 2026 03:30 am UTC| Business Technology
Palo Alto Networks delivered stronger-than-expected fiscal third-quarter 2026 results, fueled by growing demand for artificial intelligence (AI) security solutions and contributions from its recent acquisitions. Following...

SpaceX Targets Record-Breaking $75 Billion IPO at $135 Per Share in Historic Market Debut
Jun 03, 2026 03:13 am UTC| Business Technology
SpaceX is preparing for what could become the largest initial public offering (IPO) in history, with plans to price its shares at $135 each and raise approximately $75 billion, according to a source familiar with the...

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028
Jun 02, 2026 02:20 am UTC| Business Technology Science
Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...