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EU’s AI Data Center Plans Stumble Due to Delays, Funding Issues

The European Union's ambitious €20 billion investment plan to establish five large artificial intelligence data centers is currently stalled due to significant delays and funding challenges. These issues have raised concerns among potential partners, who are increasingly hesitant to engage with the initiative amid unclear demand and uncertainty regarding the timing of subsidies.

HPE CEO Neri on Blowout AI Revenue Forecast, Pricing and Strategy

Hewlett Packard Enterprise (HPE) experienced its largest stock surge ever following a robust annual sales forecast that surpassed Wall Street's expectations. CEO Antonio Neri attributed this growth to a surge in demand for the company's servers and networking solutions, fueled by advancements in artificial intelligence technology.

Google's $80B AI Power Move

Alphabet has announced a surprising capital raise of $80 billion, a move characterized by Jefferies analyst Brent Thill as a strategic power play rather than a desperate measure. This funding aims to bolster Google's position in the rapidly evolving AI landscape, particularly as competition intensifies with potential IPOs from companies like OpenAI and Anthropic. The surge in AI investment is anticipated to exceed $1 trillion annually, fundamentally altering corporate hiring and investment strategies.

Trump signs AI executive order asking companies to give government early access to models

President Donald Trump signed an executive order on AI, urging companies to voluntarily provide the government with early access to their models for evaluation. This order establishes a benchmarking process to assess the advanced cyber capabilities of these models and requests access up to 30 days before their public release. Notably, it clarifies that no mandatory licensing requirements will be imposed on AI development or distribution.

Why WEC Energy Group (WEC) Remains a Defensive Utility Play?

WEC Energy Group, Inc. (NYSE:WEC) is being recognized as a defensive utility play by the Mairs & Power Balanced Fund, which reported a return of -1.77% in Q1 2026, outperforming its benchmark amid rising energy prices and inflation concerns. The fund emphasized WEC's potential for stable earnings growth due to its attractive service areas and favorable regulatory environment, positioning it well despite broader market uncertainties.

World stocks rally on AI optimism; jitters over Iran persist

Global stocks experienced a rally on Tuesday, driven by optimism surrounding artificial intelligence developments, while oil prices dipped as hopes for a U.S.-Iran deal emerged. Despite reports of stalled negotiations from Tehran, President Donald Trump's comments on ongoing talks provided a glimmer of hope, contributing to a positive market atmosphere.

Trump signs narrower executive order on AI oversight after industry objections

President Donald Trump signed a revised executive order on AI oversight, permitting certain companies to voluntarily submit their new AI models for government evaluation 30 days prior to public release. This change comes after industry pushback against a more stringent 90-day review period, with Trump aiming to avoid hindering AI firms' competitiveness against China. The order also prioritizes the Department of Justice's enforcement of crimes involving AI technologies.

OpenAI launches new Codex tools for white-collar work

OpenAI is intensifying its focus on enterprise users with the launch of new Codex capabilities designed for knowledge work. The updated tools include six specialized plug-ins for various roles, such as data analytics and investment banking, and a new Sites feature that allows users to generate interactive websites. With over 5 million weekly active users, knowledge workers are rapidly becoming a significant segment of Codex's user base, now accounting for 20 percent of total users.

Microsoft Build 2026: All the news about Windows, AI, RTX Spark, and more

At Microsoft Build 2026, the company unveiled significant updates, including the Surface RTX Spark Dev Box, designed for developers and powered by Nvidia's new chip. CEO Satya Nadella highlighted enhancements to Windows 11, introducing two new local AI models and a developer-optimized experience that integrates more Linux tools, aiming to improve performance and usability for developers.

Board, the new game startup from Mirror founder Brynn Putnam, raises $20M, has already sold thousands

Board, a New York-based startup founded by Brynn Putnam, has raised $20 million in Series A funding led by Union Square Ventures. The company, known for its innovative gaming device that combines physical game pieces with interactive technology, has gained significant traction, reaching tens of thousands of users across the U.S. With plans to launch an AI-powered game creation platform, Board aims to enhance social interactions through gaming.

Lego’s Smart Play Pokémon can train and battle, but don’t do the one thing I wish they could

Lego has unveiled its second generation of Smart Play Pokémon sets, featuring 12 new options that enhance interactive play with training and battling mechanics. However, the sets lack recognizable sound effects, a notable shortcoming for fans hoping for a more immersive experience. The sets, which range in price from $14.99 to $119.99, will be available for preorder now and officially launch on August 1st.

The top 10 highest-paying jobs for teens in the U.S.—No. 1 isn't retail or food service

A recent report from Resume Genius highlights the top-paying jobs for teenagers in the U.S., with car technicians and mechanics leading the list at nearly $24 per hour. While many teens gravitate toward roles like waitstaff due to availability and scheduling flexibility, the report emphasizes that job experience can provide valuable skills for future employment.

Travelers deploys AI-powered claims countrywide with OpenAI

Travelers has launched an AI-powered claims assistant across the U.S., designed to streamline the claims process after car accidents. This fully autonomous voice solution, built with OpenAI's technology, allows customers to file claims and get answers to policy questions without wait times, even during catastrophic events. Following a successful pilot in eight states, the assistant has achieved a 90% completion rate among users within just two months of its nationwide rollout.

Nvidia's new PC chips represent CEO Huang's bid to win at every layer of AI stack

Nvidia has officially entered the PC chip market with its RTX Spark chip, unveiled by CEO Jensen Huang at Computex 2026. This strategic move aims to extend Nvidia's influence beyond data centers to edge devices, enabling advanced AI capabilities directly on smaller devices without relying on cloud computing. The announcement has already impacted the stock market, with Nvidia's shares rising while competitors like AMD and Intel saw declines.

OpenAI putting Codex inside ChatGPT app everywhere, releasing 6 business plugins

OpenAI is expanding the capabilities of its Codex technology by integrating it into the ChatGPT app, aiming to enhance productivity for businesses. This update includes the introduction of six new plugins designed for various business functions, such as sales and data analytics, and will be rolled out in the coming weeks to clarify the relationship between Codex and ChatGPT.

Audemars Piguet's watch prices remain stable after controversial Swatch collab

Audemars Piguet's recent collaboration with Swatch sparked fears among collectors about potential brand dilution, particularly from high-profile figures like rapper DDG. However, despite these concerns, prices for Audemars Piguet watches have remained stable in the secondary market, with experts asserting that the brand's value and exclusivity are intact. The Royal Pop collection, featuring colorful watches designed to appeal to a younger demographic, is part of AP's long-term strategy to attract new collectors.

Nestlé workers continue protest against layoffs at Spain plant

Workers at Nestlé's La Penilla factory in Spain are protesting planned layoffs by staging intermittent work stoppages this week. Initially set for an indefinite strike, the local CCOO union opted for two-day stoppages to coincide with final negotiations over a workforce reduction plan that aims to cut staff numbers from 49 to 43. If no agreement is reached by June 8, the union plans to resume indefinite strikes.

Hackers hijacked high-profile Instagram accounts by simply asking Meta's AI chatbot to change the email

Hackers successfully hijacked several high-profile Instagram accounts by manipulating Meta's AI support chatbot to change the email addresses associated with those accounts, completely bypassing two-factor authentication. Among the compromised accounts were those belonging to the Obama White House and Sephora, with some usernames reportedly valued at over $1 million on gray markets. The attackers used a simple method involving a VPN and AI-generated images to deceive automated security checks.

ZeroDrift raises $10M to protect AI models from themselves

ZeroDrift has raised $10 million in seed funding to address compliance challenges in AI systems. The startup's solution acts as a safeguard between AI models and users, identifying and correcting compliance issues in real-time. CEO Kumesh Aroomoogan emphasizes that their system offers advantages in speed and reliability over traditional large language models, making it particularly valuable for applications like AI chatbots.

OpenAI turns ChatGPT into a career platform with job search and CV editor

OpenAI has updated ChatGPT to function as both a job search tool and a resume editor, allowing users to find live job listings and freelance gigs tailored to their skills and goals. This feature aggregates listings from various platforms, including Indeed and Upwork, while users can also create or upload resumes, customize them for specific roles, and download them in a polished format. Initially, the job search capability is limited to users in the US, but the resume tool is available worldwide in English.

Apple TV reveals Silo season 3’s split-timeline plot, here’s the trailer

Apple TV has unveiled the trailer for Silo season 3, which is set to premiere on July 3, 2026. This season will feature a split-timeline narrative, alternating between Juliette's present-day challenges and the historical origins of the silos. As the series continues to delve into its dystopian themes, fans can expect a gripping exploration of both current and past events that shape the story's universe.

Anthropic expands Glasswing as it promises public Claude Mythos-class model releases

Anthropic is broadening access to its Claude Mythos AI model, which was previously available only to select partners like Apple. The company is expanding its Project Glasswing cybersecurity initiative to include approximately 200 organizations, including notable new partners such as Samsung and NATO. Anthropic also plans to make Mythos-class models available to all customers within weeks, emphasizing the need for robust cyber safeguards before general release.

Warren Buffett's Berkshire Hathaway bets $10 billion on Alphabet's AI infrastructure buildout

Warren Buffett's Berkshire Hathaway is making a significant investment of $10 billion in Alphabet's ambitious plan to raise $80 billion for expanding its AI infrastructure. This funding will primarily support scaling computing capacity to meet unprecedented demand for AI services, with Alphabet projecting capital expenditures of $180 to $190 billion in 2026.

How small businesses can leverage AI

Small businesses are increasingly turning to AI to handle essential tasks that larger companies can afford to delegate to specialists. For instance, Sam Finnegan-Dehn, a part-time tutor in London, utilizes Notion AI to manage administrative duties such as invoicing and lesson planning, allowing him to focus more on teaching and expanding his client base.