Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Instagram Outage Disrupts Thousands of U.S. Users 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Toshiba Corp. will lead 10 other Japanese companies in launching a council this summer that would explore the possibility of industrializing quantum technology.
The council will deal with quantum computers, quantum cryptography, other base technologies, and related human resources and rules.
Quantum computers have more advanced computing capabilities than conventional computers, while quantum cryptography theoretically makes wiretapping impossible.
The 11 companies, including Toyota Motor Corp. and Nippon Telegraph and Telephone Corp., hope to boost their presence in the research and development of quantum technology, where the US and China are trying to outdo each other.
Toshiba President Satoshi Tsunakawa said the council aims to make Japan a world innovation leader in quantum technology.
Online flea market operator Mercari Inc. has also set up an organization for quantum internet research and development, jointly with the University of Tokyo and Keio University.
Quantum internet involves quantum data exchange that makes communication more secure.
Mercari plans to encourage other companies to join the organization that aims to utilize quantum internet on a trial basis in 15 years.
