IT firms push M&A deals to cover AI’s revenue impact

Infosys' $560 million bet on Optimum Healthcare IT and Stratus is a strong signal that the industry is taking domain-specific solutions seriously, analysts said, amplifying the momentum for large deals as technology services companies figure out how to offset pressure on revenue from growing artificial intelligence adoption.

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Musk rewrites IPO playbook with large slice of SpaceX stock for retail investors

Elon Musk is discussing allocating as much as 30% of SpaceX's initial public offering to individual investors - at least ​three times the usual retail slice - leaning on his rabid fan base and other loyal backers to help steady the stock after its debut, a person familiar with the matter said.

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EU accuses four porn platforms of letting children access adult content

The European Union accused four pornographic platforms on Thursday of allowing children to access adult content in breach of digital rules, putting the companies at risk of large fines.

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Apple rolls out age checks for UK users

Apple began rolling out age verification requirements for UK users as part of a software update Wednesday, as the government increases pressure on tech giants to better protect children online.

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SpaceX IPO leaves some private share buyers unsure what they own

Entrepreneur Tejpaul Bhatia is confident he owns a slice of Elon Musk's SpaceX. But he can't be 100% sure. When the former Google executive entered the space industry in 2021, SpaceX ​was already one of the world's most sought‑after private companies, valued at about $75 ​billion, with shares largely locked up by early backers and institutions close to Musk.

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US server maker Super Micro is eyeing India manufacturing unit

Super Micro Computer is exploring setting up a server manufacturing unit in India and is in talks with several state governments for it, according to people aware of the matter.

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OpenAI set to raise about $10 billion from MGX, Coatue, Thrive

OpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backers include MGX, Coatue Management, Thrive Capital, and Altimeter Capital. The deal would support its push for computing power and talent, marking its largest funding round yet.

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed at using artificial intelligence (AI) to solve “humanity’s hardest problems.”

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OpenAI rolls out ads for US ChatGPT users

OpenAI will start showing ads to users of the free and Go versions of ChatGPT in the US in the coming weeks. The company has also integrated Criteo to support ad buying and improve targeting.

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Apple to hold annual developers conference from June 8

Apple said on ​Monday it would host its annual Worldwide Developers Conference (WWDC) online from June 8 to 12, showcasing updates across its platform, including AI advancements ‌and new ⁠software ⁠and developer tools.

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OpenClaw unveils ClawHub Marketplace; draws more than 331,000 stars on GitHub

Peter Steinberger, OpenClaw’s creator, released the update. The platform allows users to deploy AI agents that can reason, respond, and execute tasks inside apps, such as Telegram and Discord, all while remaining fully self-hosted.

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