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Broadcom reported weaker-than-expected revenue in its fiscal second-quarter earnings report. The stock slid in extended trading and fell further on disappointment that CEO Hock Tan didn't raise the company's full-year target of $100 billion in artificial intelligence chip sales.

The world's richest person is on the doorstep of trillionaire status. SpaceX CEO Elon Musk owns a stake in his reusable rocket maker that's worth $866.5 billion on paper, according to the company's updated IPO prospectus published on Wednesday. SpaceX said it plans to price its u

Lovable and Google announced an expanded multiyear collaboration on Wednesday. Lovable, the fast-growing Stockholm vibe-coding startup, has long been a Google Cloud user. Under the new agreement, it will be a much bigger one. While the companies did not disclose the dollar figure

CNBC's Jim Cramer warned Wednesday that a wave of capital raises tied to the artificial intelligence boom could create a near-term headwind for stocks. "Bull markets can be killed by business conditions or interest rates or geopolitical turmoil, but the thing that most easily lea

MOST POPULAR EVENTS - Overcoming the trade-offs in data sovereignty What does data sovereignty actually mean for your network, which trade-offs are unavoidable? Learn more. - From Prompt to Exploit: How LLMs Are Changing API Attacks Modern applications are API-driven, interconnec

Off the Wire Press Releases June 3, 2026 — The agentic AI moment has arrived, but delivering on its promise requires more than good models. It also takes fast hardware, secure runtimes, a responsive data layer and models tuned for long-running reasoning. NVIDIA and Microsoft are

With dozens of companies, from small startups to tech giants, pursuing quantum computing, there’s a steady flow of results as they try to find a path to utility. We typically focus on new technologies and major landmarks, which can obscure the fact that any big success will inevi

OpenAI CEO Sam Altman met with lawmakers in Washington, D.C., on Wednesday, including officials involved with the executive order on artificial intelligence that President Donald Trump signed this week. Altman met with members of the Trump administration at the White House, accor

CrowdStrike narrowly beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report. Here's how the company did versus LSEG estimates: - Earnings per share: $1.10 adjusted vs. $1.07 expected - Revenue: $1.39 billion vs. $1.

Off the Wire Press Releases Partnership paves the way to pair AI-enabled semiconductor design with GF’s U.S. manufacturing platform to bridge the gap from research to prototype for next-generation computing initiatives MALTA, N.Y., June 3, 2026 — GlobalFoundries today announced a

Elon Musk's SpaceX set a fixed price of $135 per share ahead of officially marketing its initial public offering, according to a filing with the Securities and Exchange Commission on Wednesday. SpaceX said it plans to sell 555.6 million shares, which would amount to a $75 billion

Off the Wire Press Releases June 3, 2026 — Commercial artificial intelligence (AI) development is progressing at a breathtaking pace. Yet many of the most consequential AI challenges for national security remain underexplored because they lack immediate commercial applications an

Financial services infrastructure continues to be defined by the need to process larger risk models within fixed power and space constraints. As Monte Carlo-based analytics scale, system bottlenecks increasingly shift from compute to memory bandwidth, where data movement dominate

MOST POPULAR EVENTS - Overcoming the trade-offs in data sovereignty What does data sovereignty actually mean for your network, which trade-offs are unavoidable? Learn more. - From Prompt to Exploit: How LLMs Are Changing API Attacks Modern applications are API-driven, interconnec

Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fu

Printed circuit boards sit underneath almost every chip, a necessity in nearly every electronic. They make up a quiet but crucial piece of the booming artificial intelligence market, and represent a growing problem for the U.S., because nearly all AI circuit boards, for Nvidia an

At COMPUTEX 2026, MSI showcased a broad range of AI and data center infrastructure platforms, with a clear emphasis on liquid cooling as rack power density continues to climb. The company’s exhibit featured OCP ORv3 rack-scale architectures, NVIDIA MGX-based GPU servers for train

UK regulators today ordered Google to put clearer attributions and links to publishers’ content in its AI-generated search features. The UK’s Competition and Markets Authority (CMA) also said Google must give publishers a way to opt out of AI features in search. “In a world first

Artificial Intelligence How to build self-driving AI operations on Amazon Bedrock at scale Amazon Bedrock powers generative AI for more than 100,000 organizations worldwide—from startups to global enterprises across every industry. It provides the proven infrastructure and compre

Uber revealed on Wednesday a prototype car that it plans to use to scoop up real-world driving data for its growing roster of autonomous vehicle partners, including Avride, Waymo, and WeRide. The vehicle is not some radical design. Rather, it’s a Hyundai Ioniq 5 fitted with an in

There’s a lot that doesn’t add up in a security advisory password manager Dashlane published Monday, warning that attackers managed to obtain 20 encrypted user vaults. “Starting on Sunday, May 31, 2026, an external party launched a brute force attack against certain Dashlane user

Off the Wire Press Releases TAIPEI, Taiwan, June 3, 2026 — ASRock Rack Inc., a leading innovative server company, has announced its latest portfolio of AI-native infrastructure designed for the era of agentic AI. Showcasing at COMPUTEX 2026 (Booth No.: R0514), ASRock Rack is intr

If Alphabet’s record-breaking $85 billion stock sale signals investor appetite for AI-related offerings — and it does — we can safely say that investors are voracious. Google’s parent company had initially intended to sell a first tranche of $40 billion worth of various equity in

Off the Wire Press Releases EMERYVILLE, Calif. and LOS ANGELES, June 3, 2026 — Anyon Technologies, a vertically integrated superconducting quantum supercomputing company founded by pioneers from Caltech and UC Berkeley, and Q-CTRL, a global leader in quantum infrastructure softwa