Technology



Figure AI robots exceed 24 hours of warehouse operation test

A fleet of humanoid robots developed by Figure AI has sustained continuous warehouse sorting operations for more than 24 hours, marking a major milestone in autonomous industrial robotics. The demonstration began as a planned eight hour live test on 13 May and evolved into an open ended endurance run......

Ackman’s Pershing Square takes new stake in Microsoft, citing attractive valuation

Hedge fund manager Bill Ackman has announced that his firm Pershing Square Capital Management is taking a new investment position in Microsoft, describing the tech giant’s valuation as “highly compelling.” The disclosure was made ahead of a formal announcement by the fund, with Ackman......

Amazon cancels Lord of the Rings MMO after years of setbacks

Amazon Games has confirmed the cancellation of its long troubled massively multiplayer online game based on the world of The Lord of the Rings, ending another major attempt to build a large scale online experience around one of fantasy’s most valuable franchises. Company executive Jeff Grattis......

AMD and Arm gain server CPU share as Intel slips

AMD and Arm have continued to take market share from Intel in the server processor segment in early 2026, as artificial intelligence driven data center demand accelerates structural shifts in global chip spending. A new analysis from UBS shows that competitive dynamics in the CPU market are changing......

Anthropic says Claude now writes most of the company’s code

Anthropic chief financial officer Krishna Rao said the company’s artificial intelligence model Claude now generates more than 90 percent of Anthropic’s internal code, underscoring how rapidly AI systems are reshaping software development and corporate operations. Rao made the comments during......

OpenAI and Anthropic escalate rivalry with free coding AI offers

OpenAI and Anthropic launched competing promotions for their artificial intelligence coding platforms on May 13, intensifying the battle for enterprise developers as demand for agentic software engineering tools accelerates across the technology sector. OpenAI moved first by offering eligible enterprise......

Meta and Google fund US children’s groups amid rising concerns over social media risks

Technology companies Meta Platforms and Google have supported several well-known U.S. children’s organizations in educational initiatives focused on responsible technology use, even as concerns grow about the impact of social media on young users. Reports indicate that these companies have provided......

Cisco shares surge on strong revenue outlook and AI-driven restructuring

Cisco Systems, Inc. Cisco Systems saw a significant rise in its stock price after announcing an optimistic revenue forecast and a strategic shift focused on artificial intelligence. The company’s shares jumped sharply in premarket trading following investor reaction to its updated financial outlook. The......

Cerebras set for stock market debut amid global ai investment boom

The U.S. semiconductor company Cerebras Systems is preparing for its stock market debut on the Nasdaq, as investor enthusiasm for artificial intelligence continues to drive strong demand for technology-related shares. The company’s initial public offering (IPO) is among the largest of the year,......

Apple suppliers surge as iPhone 17 production targets rise

Apple’s supply chain stocks rallied after the company reportedly increased its iPhone production targets for the first three quarters of fiscal year 2026 to 163 million units, reflecting growing confidence in demand for the iPhone 17 lineup and renewed momentum across the premium smartphone market. The......

British startup Humanoid to deploy 2,000 robots in factories

A British robotics startup has secured a large industrial agreement with German manufacturer Schaeffler to deploy up to 2,000 wheeled humanoid robots across global production sites by 2032. The deal marks one of the most extensive planned industrial deployments of humanoid robots to date and reflects......

Anduril doubles valuation after raising $5 billion in new funding round

Anduril Industries announced a major financial milestone after securing 5 billion dollars in a new investment round that doubled the company’s valuation to 61 billion dollars. The California-based defense technology company said the funding round was led by major venture capital firms Thrive Capital......

Altman tells court Musk sought control of OpenAI before departure

Sam Altman testified Tuesday in federal court in Oakland, California, rejecting accusations from Elon Musk that he abandoned OpenAI’s original nonprofit mission. Altman told jurors that Musk himself pushed for long term control over the artificial intelligence company and supported turning the......

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