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Semiconductors
In a landmark commitment to bolster domestic semiconductor production, Texas Instruments (TI) has announced plans to invest more than $60 billion to expand its manufacturing footprint across the United States. This investment, described by the company as the “largest investment in foundational semiconductor manufacturing in U.S. history,” will fund
Transportation
At this year’s Cannes Lions advertising festival, Uber unveiled a bold new move in its growing ad business: an interactive ad format that lets brands pay to give users discounts on their next rides. Dubbed “Ride Offers,” the ad unit makes promotional content more actionable — and personal. The initiative
Transportation
Amazon-backed Zoox has taken a major step forward in the autonomous vehicle race with the opening of its first dedicated robotaxi production facility in Hayward, California. Announced on Wednesday, the 220,000-square-foot site marks the beginning of Zoox’s move toward full-scale commercial deployment, positioning it as a direct competitor
Military & Defense
Applied Intuition, a rising force in autonomous vehicle software, has closed a massive $600 million Series F funding round and tender offer, catapulting its valuation to $15 billion. The company, known for its advanced simulation and data management tools for autonomous systems, continues to cement its position as a cornerstone
Software Development
Anysphere, the company behind the popular AI coding assistant Cursor, has unveiled a new $200-per-month subscription tier called Ultra, offering a major upgrade for power users. Announced in a blog post Monday, the Ultra plan provides 20 times more usage of leading AI models from OpenAI, Anthropic, Google DeepMind, and
Health
Digital health startup Sword Health has secured a fresh $40 million in funding at a $4 billion valuation, marking a 33% increase from its $3 billion valuation just a year ago. The round was led by returning backer General Catalyst, with participation from Khosla Ventures, Comcast Ventures, and several other
Military & Defense
Rising defense tech startup Mach Industries has raised $100 million in a new funding round, bringing its valuation to $470 million. The announcement follows a period of rapid growth and technological development for the company, which was founded just two years ago by Ethan Thornton, who dropped out of MIT
Finance
In a bold move to capture the loyalty of affluent consumers, JPMorgan Chase has unveiled a major overhaul of its flagship Sapphire Reserve credit card — complete with a steep increase in the annual fee and a slate of new perks designed to appeal to high-spending travelers and diners. Starting June
Military & Defense
OpenAI has been awarded a $200 million contract by the U.S. Department of Defense to deliver advanced artificial intelligence capabilities for national security, marking a significant new chapter in the company’s government-facing work. Announced on Monday, the one-year agreement is the first contract between OpenAI and the Pentagon
Artificial Intelligence (AI)
Groq, a fast-rising startup in the artificial intelligence inference space, has announced two major moves that signal a direct challenge to the dominance of cloud behemoths Amazon Web Services, Google, and Microsoft. The company unveiled support for the massive Qwen3 32B language model — including its unprecedented 131,000-token context window
Media
In a move that marks a significant shift for the world’s most popular messaging app, WhatsApp is officially introducing ads. Meta, WhatsApp’s parent company, announced on Monday that it will begin rolling out advertisements through the platform’s “Status” feature — its Stories-like function where users post disappearing text,
Finance
American Express is making its biggest-ever investment in a card program, signaling a bold move to court younger, high-income customers. On June 16, the company revealed it will be significantly enhancing its Platinum card later this summer or early fall—a move that reflects a calculated strategy to lock in