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Cognition's Valuation Soars to $26B in $1B+ Funding Round
AI coding startup Cognition doubles valuation to $26B after raising over $1B, driven by rapid enterprise adoption of its coding agent Devin.
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Snowflake Surges 36% on Earnings Beat and $6 Billion AWS AI Deal
Snowflake smashes Q1 earnings estimates, secures a $6B AWS commitment for AI cloud infrastructure, and acquires Natoma, signaling strong AI-driven growth.
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Starlink and Amazon Cleared to Bid for EU Satellite Spectrum in 2027
EU opens one-third of 2 GHz mobile satellite spectrum to non-European bidders, including SpaceX's Starlink and Amazon's Leo constellation.
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Carnival Corp Data Breach Exposes Customer Identifications
Cruise giant Carnival Corp reports a cybersecurity incident revealing customer names, addresses, and IDs from a compromised employee account in April.
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Marvell Beats Q2 Revenue Forecast on AI Chip Demand; Shares Jump
Marvell Technology forecasts Q2 revenue above estimates, driven by AI chip demand, sending shares up over 6%.
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ElevenLabs Revives Stan Lee's Voice for AI Projects
ElevenLabs signs a licensing deal to recreate Stan Lee's voice and likeness using AI, enabling audiobook narration and comic panels.
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AI Frenzy Fuels Surge in Small-Cap Tech Stocks
Investors are hunting for AI winners beyond mega-cap names, driving record inflows into small-cap technology stocks.
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Zuckerberg's Biohub Unveils Massive Open-Source Protein AI Suite
Biohub releases ESM Atlas covering 6.8B proteins, part of a $500M virtual biology initiative to democratize drug discovery.