AI
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techMicrosoft Axes 4,800 Jobs, 3,200 in Xbox in Major Restructuring
Microsoft is cutting its global workforce by 2.1%, with the vast majority of layoffs hitting its Xbox gaming division following the massive Activision Blizzard acquisition.
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financeSK Hynix Launches $28 Billion US Listing to Capitalize on AI Boom
South Korean chipmaker SK Hynix is launching a major US listing on Nasdaq, valued at approximately $28 billion, to ride the global AI investment wave.
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techUBS Hikes DRAM, NAND Price Forecasts Citing AI Demand Surge
Investment bank UBS sharply raises memory chip price forecasts for 2026, projecting a record supply-demand gap by 2027 due to AI-driven reallocation.
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healthSingapore Pushes AI in Healthcare and Social Work to Augment, Not Replace, Human Judgment
Singapore is investing millions into AI for healthcare and social services, emphasizing that technology must handle administrative burdens to free up professionals for high-empathy human interaction.
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techElon Musk Denies SpaceX AI Handset Prototype Report
Elon Musk refutes a Wall Street Journal report claiming SpaceX showed investors an AI-powered handset prototype before a potential IPO.
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financeSpaceX’s Record $75B Debut Propels US IPO Market to Historic $104.8B Quarter
SpaceX dominated the second quarter of 2026 with a $75 billion IPO, pushing total US listing proceeds to an all-time high of $104.8 billion. AI and aerospace led the market, while crypto offerings were conspicuously absent.
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worldCooke Inc. Secures $225M Deal to Dominate Canadian Salmon Farming
New Brunswick's Cooke Inc. agrees to acquire Mowi Canada East for $225 million, aiming to control nearly 70% of Atlantic Canada's farmed salmon production and invest heavily in AI-driven aquaculture.
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techFactSet Deepens Google Cloud Ties to Power AI-Driven Financial Intelligence
FactSet expands its Google Cloud partnership to build advanced AI tools, integrating institutional financial data with cloud infrastructure for elite analytics.