Technology
-
Broadcom’s Record Quarter Crashed the Semiconductor Sector, the EU Clock Is Ticking, and Anthropic Warned About Its Own Technology
Broadcom reported the best quarter in its history on June 3. Revenue up 48%. AI chip sales up 143%. A $100 billion semiconductor revenue forecast for fiscal 2027. The stock fell 14% the following day. By June 5, the semiconductor sector had lost $1.3 trillion in market cap and the Nasdaq had posted its worst…
-
Quantinuum Lists on Nasdaq as Quantum Computing Hits Three Milestones in One Week
Quantum computing had its biggest week as a public market story. Quantinuum debuted on Nasdaq at $60 per share, pricing above its target range and raising $1.68 billion. D-Wave, which has spent its entire existence building annealing systems, announced a roadmap to 100 logical qubits using gate-model hardware. And IonQ published a paper demonstrating quantum…
-
Anthropic IPO Filing at $965 Billion and What It Means for AI Sector Valuations
Anthropic filed confidentially for an IPO on Monday. Microsoft announced its first proprietary AI models on Tuesday. By Wednesday, both stories had been absorbed into a larger question that every enterprise software company is now sitting with: what is my product worth in a world where the tools that build software are accelerating faster than…
-
BigBear.ai Deploys at Panama Port, Hadron Energy Lists on Nasdaq, SoundHound Acquires LivePerson
Computex 2026 ran May 26-30 in Taipei. Jensen Huang showed up with 150 ecosystem partners, laid out the Vera Rubin and Grace Blackwell roadmap, and teased a surprise product for the second half of the year that nobody has seen yet. Intel showed rackscale AI infrastructure. The headline announcements were all large cap. The same…
-
OpenAI API Price Hikes, Meta Layoffs, SAP Acquisition: The AI Week Unpacked
Google I/O ran Tuesday and Wednesday and the headlines were about Gemini models and smart glasses. The more important story landed Monday morning, before the keynote started. Blackstone committed $5 billion to a joint venture with Google to bring TPU compute-as-a-service to market, the first serious structural challenge to Nvidia’s grip on AI infrastructure in…
-
Tech & Innovation Weekly: Duos $176M GPU Deal, POET $400M Raise, HEALWELL 316% Growth
The AI buildout is producing a lot of winners that are not Nvidia. This week a Jacksonville company signed a $176 million GPU contract. A Toronto photonics company closed a $400 million raise and immediately watched its stock drop. A healthcare AI platform posted revenue growth most people did not notice. A data firm signed…
-
Tech & AI Weekly: Jensen in Beijing, Tesla Goes Driverless, AI Hits a Wall
Jensen Huang stood at the Great Hall of the People in Beijing on May 14. Right next to Trump’s state visit delegation. The context: Nvidia has been locked out of selling H20 chips to China since the export ban took effect in April, a restriction that cost the company $4.6 billion in write-downs last quarter.…
-
CLEAR and GDIT Partner to Deploy Digital Identity Across Federal Health Agencies
CLEAR (NYSE: YOU) and General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), announced a strategic collaboration this week to deploy CLEAR’s secure identity platform into federal health and civilian agencies. GDIT becomes CLEAR’s preferred federal systems integrator, with joint development happening in GDIT’s Emerge Labs and a live deployment already in…
-
L3Harris Wraith Shield Turns 100,000 Tactical Radios Into Counter-Drone Weapons
The arithmetic of modern drone warfare is brutal. An FPV drone costs $400. A Coyote interceptor costs $180,000. A Stinger missile costs more than $400,000. Ukraine demonstrated at scale what happens when infantry units face swarms of cheap attritable drones without immediate local protection: losses mount faster than any air defense system can respond, at…
-
Blackbaud’s Development Agent Brings Autonomous AI to Nonprofit Fundraising
Blackbaud (Nasdaq: BLKB) announced a series of AI product updates this week that reflect something more significant than a feature release cycle. The company sits at a structural advantage most software businesses never achieve: it processes over $100 billion in fundraising, grants, and managed funds annually, runs on 98% recurring revenue with 91.8% gross dollar…
