Daily Tech Digest
24 trending stories · 15 topic overviews
SpaceX Plans Historic $75 Billion IPO
SpaceX has announced plans for an initial public offering (IPO) aiming to raise a record $75 billion, which would mark the largest IPO in history. The company has filed with the US Securities and Exchange Commission to offer approximately 555.6 million shares at $135 each, while CEO Elon Musk will retain 84% voting control post-IPO.
Show moreWaymo Partners to Repurpose Robotaxi Batteries for Energy Storage
Waymo has teamed up with B2U to repurpose its used robotaxi batteries for energy storage solutions in California and Texas. This initiative aims to deploy hundreds of megawatts of storage capacity, addressing the end-of-life treatment for thousands of Jaguar I-Pace vehicles in its fleet.
Show moreDavid Solomon Discusses AI's Impact on Banking
Goldman Sachs CEO David Solomon recently addressed the transformative role of artificial intelligence in the banking sector, highlighting the bank's active participation in the upcoming SpaceX IPO and Alphabet's equity capital raise. Despite the rapid integration of AI, Solomon reassured that he does not anticipate significant job losses among white-collar workers in finance.
Show moreGoldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports
Goldman Sachs has projected that SpaceX's AI revenue will skyrocket to $322 billion by 2030, a significant increase from $3.2 billion in 2025. This growth is part of a broader forecast indicating that SpaceX's total revenue could reach $474 billion by the same year, reflecting the company's ambitious plans as it prepares for a record-setting IPO aiming to raise $75 billion with a valuation of $1.75 trillion.
Show moreOpenAI CEO Sam Altman sees "proactive AI" as the next big phase after chatbots and agents
OpenAI CEO Sam Altman has introduced the concept of 'proactive AI' as the next significant phase in AI development, following chat models and AI agents. This new approach aims to address the common issue where users are unsure of how to effectively engage with AI, by allowing systems to operate autonomously in the background. However, Altman also highlighted the growing concern over rising AI costs, which many companies are struggling to manage.
Show moreI still want an Apple Vision Air but would understand it being low priority
Recent reports suggest that Apple's Vision Air, initially expected in late 2027, may face significant delays or even cancellation. While Apple Glasses are on track for a 2027 release, the Vision Air's future is uncertain as analysts note a shift in focus towards products with broader market appeal, leaving the Vision Air's development in doubt.
Show moreApple again cuts the interest rate for Apple Card Savings accounts
Apple has once again lowered the interest rate for its Apple Card Savings accounts, reducing it from 3.5% to 3.4%. This marks the second cut in recent months, with concerns growing that the impending switch to Chase may result in even lower rates for account holders. The current partnership with Goldman Sachs has faced challenges, prompting Apple to seek a new banking partner for its credit card services.
Show moreGoogle Wallet digital ID support keeps growing, faster checkout with Google Pay
Google Wallet is set to enhance its Digital ID support across select regions in Europe, following a recent expansion in India, Taiwan, and the UK. Partnering with Sparkasse Bank, the service will allow users to verify their age securely without disclosing sensitive information. Additionally, Google Pay will feature a streamlined checkout experience, starting with merchants using Airwallex and Adyen, while improving payment authentication to meet EU standards and cut verification time by half.
Show moreGoogle Meet for Android Auto now rolling out widely
Google Meet is officially rolling out for Android Auto, enabling users to make conference calls directly from their vehicles. This update allows for a streamlined calling interface, although video feeds are not supported to minimize distractions. Users need to restart the Google Meet app on their devices for the first-time setup, and meeting links are only available in the 'Scheduled' tab.
Show moreAmazon brings AI shopping assistant to retailers with Kate Spade
Amazon is introducing its AI shopping assistant to other retailers, with Kate Spade being one of the first to implement the technology. This new service allows retailers to create customized AI shopping assistants for their websites and apps, significantly reducing the deployment time to weeks. The assistant, which is based on Amazon's own technology, aims to enhance the shopping experience, particularly during gift purchases, where stress is often reported by consumers.
Show morexAI updates Grok Imagine to 1.5 with image-to-video generation at 720p resolution
Elon Musk's AI company xAI has unveiled Grok Imagine Video 1.5, a new model that transforms still images into short videos at a resolution of up to 720p. Users can guide the animation process by providing text prompts that describe camera movements, pacing, and atmosphere, while the model preserves the original image's details and lighting. Currently available in preview through the xAI API, this launch positions xAI in direct competition with established video AI providers such as Seedance and Google's Veo.
Show morePresentation: Architecting a Centralized Platform for Data Deletion at Netflix
Netflix is tackling the complexities of data deletion across its distributed datastores by developing a centralized platform that ensures safe and effective data management. The platform focuses on balancing durability, availability, and correctness to mitigate the risks of unintended data loss, which can arise from misconfigurations or operational errors. Recent incidents have underscored the critical need for robust deletion processes that prevent data from reappearing in the system after it has been marked for deletion.
Show moreAmazon develops a warehouse robot workers can speak to
Amazon has introduced a new version of its Proteus warehouse robot, which can now understand and respond to spoken commands from workers. This upgrade aims to enhance automation in its warehouses, allowing employees to assign tasks to the robot more intuitively. The next-generation Proteus will also be capable of operating in a broader area, moving items across fulfillment centers, and is set to be piloted in Europe in early 2027.
Show moreCerebras Says It’s Working With All AI Gear Makers Except Nvidia
Cerebras Systems Inc. is actively seeking partnerships with a range of AI data center component suppliers, marking a significant expansion in its collaborative efforts. CEO Andrew Feldman announced at the Bloomberg Tech conference that the company is working with all major players in the industry, except for Nvidia Corp., indicating a strategic choice that may impact its competitive positioning.
Show moreSoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns
SoftBank's significant investments in artificial intelligence, particularly in OpenAI, have raised alarms about a potential liquidity crunch as the company's debt mounts. With shares soaring approximately 70% this year due to AI enthusiasm, concerns persist regarding the sustainability of this growth, especially after S&P Global Ratings downgraded SoftBank's credit outlook to negative, citing risks tied to its concentrated investments.
Show moreExelon CEO Sees Daily Cybersecurity Threats
Exelon CEO Calvin Butler has underscored the critical need for daily vigilance against cybersecurity threats targeting the company's energy grid. Speaking with Bloomberg at the Edison Electric Institute 2026 Conference in Las Vegas, Butler emphasized that the energy sector must remain proactive in addressing these ongoing risks.
Show moreCanada to Provide Funding, Buy Equity Stakes in AI Startups
Canada's government has announced a new initiative to support artificial intelligence companies by providing funding and acquiring equity stakes in the most promising firms. This strategy, revealed by Prime Minister Mark Carney, aims to significantly increase AI adoption across various sectors, targeting a goal of 60% of Canadian businesses utilizing AI tools by 2034, a substantial rise from the current 12%.
Show moreEconomy will be fine ‘if the world continues to remain as optimistic,’ Goldman Sachs CEO says as AI giants plan IPOs
Goldman Sachs CEO David Solomon expressed confidence in the economy's resilience, stating that investor optimism can absorb the impact of major tech IPOs, particularly from AI firms. As companies like Anthropic and OpenAI prepare for their public offerings, Solomon highlighted the current market's liquidity and wealth levels, suggesting that these factors could sustain the ongoing wave of AI investments despite concerns about potential economic fragility.
Show moreOracle (ORCL) – Among the 10 No-Brainer Dividend Stocks to Buy
Oracle Corporation (NYSE: ORCL) has been recognized as one of the top dividend stocks to buy, following significant price target increases from analysts. Scotiabank raised its target to $290, citing Oracle's strong position in the AI-accelerated cloud market, while Wedbush also boosted its target to $275, emphasizing the company's misunderstood potential in AI infrastructure. Despite expected volatility in the stock, analysts maintain an optimistic outlook on Oracle's growth prospects.
Show moreGoldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports
Goldman Sachs has projected that SpaceX's AI revenue will skyrocket to $322 billion by 2030, a significant increase from $3.2 billion in 2025. This growth is part of a broader forecast indicating that SpaceX's total revenue could reach $474 billion by the same year, reflecting the company's ambitious plans as it prepares for a record-setting IPO aiming to raise $75 billion with a valuation of $1.75 trillion.
Show moreRamp raises $750M at $44B valuation as investors hunger for fintechs with an AI story
Ramp, a corporate expense management platform, has raised $750 million, bringing its valuation to $44 billion, nearly tripling in just a year. The funding, led by ICONIQ and GIC, reflects strong investor interest as Ramp reports annualized revenue exceeding $1.5 billion and a growing customer base of over 70,000, including major companies like Visa and Uber.
Show moreWhale Rock Talks AI, StemPoint Biotech at Sohn Montreal
At the Sohn Montreal investment conference, Whale Rock Capital Management's CEO Alex Sacerdote expressed optimism about Anthropic PBC's future, predicting it could reach half a billion users. He highlighted the early stage of the company's growth, suggesting a steep upward trajectory in user adoption.
Show moreBroadcom, Micron and ARM sink, leading chip stocks lower
Chipmaker stocks experienced a significant decline on Thursday, led by Broadcom and Micron Technology. Broadcom's shares plummeted 13% after the company reported earnings that fell short of expectations, while Micron's stock dropped over 6% as investors reacted to broader pressures in the semiconductor sector. Analysts noted that this pullback follows a strong run in chip stocks, suggesting that market expectations have finally adjusted to the current realities of the industry.
Show moreSoaring stocks created 2 million new millionaires around the world last year
In 2025, soaring stock markets resulted in nearly 2 million new millionaires worldwide, pushing the total global millionaire population to 25.3 million, a 7.9% increase. Their combined wealth rose to $98.3 trillion, the fastest growth in five years, although the wealth gap with ultra-high-net-worth individuals (UHNWIs) continues to widen, as the latter saw a 9.4% increase in their numbers and a 9.7% rise in wealth.
Show moreTSMC struggles to keep up with AI demand: ‘We can only support so much’
Taiwan Semiconductor Manufacturing Co. (TSMC) is facing significant challenges in meeting the surging demand for AI-related chips from American customers, despite its ongoing factory buildout in the US. CEO C.C. Wei acknowledged that the company can only support a limited amount of demand and warned that it could take a 'very long time' to fulfill customer needs, particularly with US-based production.
Show moreElon Musk is steamrolling Wall Street to become a trillionaire
Elon Musk is on the verge of a groundbreaking SpaceX IPO, estimated to be nearly $2 trillion, which could make him the world's first trillionaire. This move raises concerns about market fairness as traditional rules appear to be circumvented. Meanwhile, his social media platform, X, continues to struggle with stagnating user growth and revenue, yet Musk's wealth has dramatically increased since acquiring it.
Show moreHow Endava is redesigning software delivery around AI agents
Endava, a global technology services company, is transforming its software delivery by embedding AI agents into everyday workflows. By adopting OpenAI as its enterprise AI platform, Endava has integrated AI into its DavaFlow methodology, enhancing collaboration and accelerating delivery across all teams, including engineering, legal, and finance. This shift has established AI fluency as a core competency within the organization, fundamentally changing how work is approached and executed.
Show moreLet us filter AI slop, you cowards
As AI-generated content floods social media, users are calling for platforms like YouTube, Instagram, and TikTok to introduce filters that allow them to exclude AI content from their feeds. Current labeling systems have proven ineffective, with users struggling to avoid AI-generated material despite the platforms' attempts to authenticate content. Critics argue that without user-controlled filtering options, platforms are merely paying lip service to the issue while continuing to profit from AI-generated content.
Show moreEVA-Bench Data 2.0: 3 Domains, 121 Tools, 213 Scenarios
EVA-Bench Data 2.0 has significantly expanded its scope, now covering three enterprise domains: Airline Customer Service Management, Enterprise IT Service Management, and Healthcare HR Service Delivery. This update introduces 213 evaluation scenarios across 121 tools, a fourfold increase from the original release, and validates each scenario against leading AI models to ensure robustness and fairness.
Show moreOpenAI CEO Sam Altman sees "proactive AI" as the next big phase after chatbots and agents
OpenAI CEO Sam Altman has introduced the concept of 'proactive AI' as the next significant phase in AI development, following chat models and AI agents. This new approach aims to address the common issue where users are unsure of how to effectively engage with AI, by allowing systems to operate autonomously in the background. However, Altman also highlighted the growing concern over rising AI costs, which many companies are struggling to manage.
Show moreBluesky was launched as a Twitter rival — but it's far less popular. Now it's eyeing Reddit for inspiration
Bluesky, the social media platform that emerged as a competitor to Twitter, is now pivoting away from direct competition with X, instead drawing inspiration from Reddit's community-driven model. With only about 10% of X's user base, Bluesky's Chief Operating Officer Rose Wang emphasized the need to modernize the platform and improve video features as user engagement declines.
Show moreHow courts are coping with a flood of AI-generated lawsuits
Federal courts are experiencing a significant increase in lawsuits filed by self-represented individuals, with Judge Maritza Braswell noting that AI is a contributing factor. A study found that the share of such lawsuits rose from 11% in 2022 to 16.8% in 2025, with AI-generated documents now comprising 18% of filings. While AI helps litigants articulate their cases, judges remain concerned about the quality of legal advice provided by chatbots.
Show moreFitbit Air owners are placing automatic watches on the same strap as the tracker, and it’s easy
Fitbit Air users are innovatively combining their fitness trackers with automatic watches by strapping them onto the same band. This trend allows wearers to enjoy the functionality of the Fitbit Air while maintaining the classic style of their analog timepieces, creating a visually appealing hybrid accessory.
Show moreAI can now coach amateur virologists, and top tech leaders want Congress to act on DNA security
In a significant move, leading tech executives and scientists are urging the U.S. government to implement mandatory screening for synthetic DNA orders to mitigate biosecurity risks. The signatories, including prominent figures like Sam Altman and Nobel laureates, emphasize that advancements in AI have enabled systems to surpass the expertise of PhD-level virologists, raising concerns about potential misuse. They advocate for uniform regulations to ensure traceability and accountability in the manufacturing of synthetic DNA.
Show moreI still want an Apple Vision Air but would understand it being low priority
Recent reports suggest that Apple's Vision Air, initially expected in late 2027, may face significant delays or even cancellation. While Apple Glasses are on track for a 2027 release, the Vision Air's future is uncertain as analysts note a shift in focus towards products with broader market appeal, leaving the Vision Air's development in doubt.
Show moreApple again cuts the interest rate for Apple Card Savings accounts
Apple has once again lowered the interest rate for its Apple Card Savings accounts, reducing it from 3.5% to 3.4%. This marks the second cut in recent months, with concerns growing that the impending switch to Chase may result in even lower rates for account holders. The current partnership with Goldman Sachs has faced challenges, prompting Apple to seek a new banking partner for its credit card services.
Show moreHonor Magic V6 will finally be available globally in June as pre-orders begin
The Honor Magic V6 is set to launch globally in June, following its initial reveal three months ago. With impressive hardware, including a 6,660 mAh battery and a Snapdragon 8 Elite Gen 5 chipset, it aims to compete effectively in the foldable market. Pre-orders have already begun in Malaysia, where it is priced at approximately $1,900 USD.
Show moreJeff Bezos Is Funding a Wild Hunt for the Brain’s ‘Core Algorithm’
Flourish, a neuro AI startup co-founded by Thomas Reardon and Rob Williams, is on a mission to create synthetic intelligence that mimics the human brain's efficiency and learning capabilities. With a substantial investment from Jeff Bezos and a total funding of $500 million, the company aims to develop AI systems that operate on significantly less power than current models, targeting a consumption of just 50 watts. This innovative approach could reshape the landscape of artificial intelligence.
Show moreAmazon brings AI shopping assistant to retailers with Kate Spade
Amazon is introducing its AI shopping assistant to other retailers, with Kate Spade being one of the first to implement the technology. This new service allows retailers to create customized AI shopping assistants for their websites and apps, significantly reducing the deployment time to weeks. The assistant, which is based on Amazon's own technology, aims to enhance the shopping experience, particularly during gift purchases, where stress is often reported by consumers.
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