Top News
- U.S. explores procurement of major naval vessels from Japanese and South Korean shipyards to address domestic capacity constraints
$1.85B funding request included in proposal to source warships from allied yards as U.S. naval industrial base struggles with capacity.
SpaceX secures 35-year, 100% property tax exemption for $55B TeraFAB semiconductor factory in TexasCounty approved deal worth hundreds of millions in foregone tax revenue despite resident opposition over transparency and infrastructure impact.
Nvidia-backed robotics startup Generalist AI raises $400M at $2B valuation, led by Radical VenturesRound values the generalist AI robotics platform at $2 billion as Nvidia expands its portfolio in embodied AI.
Milrem Robotics' Dutch manufacturing facility begins producing THeMIS combat robots for Netherlands procurement run exceeding 100 unitsFirst vehicle off production line; facility creates dedicated European supply chain for Ukraine-capable unmanned ground systems.
More: Defense News
Brazil plans to acquire 20 additional Gripen fighter jets as part of air force modernizationBrazilian air chief cites strategic need; deal value and delivery timeline not disclosed.
Thales more than doubles guided rocket production to meet Middle East demand surgeEuropean defense contractor scaling munitions output in response to regional military activity and customer orders.
Schneider Electric plans €800 million debt issuance capitalizing on AI-driven data center infrastructure demandBond sale funds expansion into data center power and cooling solutions amid rising AI compute infrastructure investment.
Rheinmetall divests auto division to Aequita for €350M, doubling down on defense focusGerman defense giant exits automotive to concentrate resources on weapons platforms; deal closes Q4 2026.
Bezos-backed Flourish raises $500M at $2.5B valuation to reverse-engineer brain's core algorithm for AIStartup aims to decode neuron behavior and apply findings to fundamentally reshape artificial intelligence design from first principles.
Silicon Motion reports record SSD controller sales; warns NAND supply constraints will worsen through 2027Client-side NAND shortage expected to deepen despite strong controller demand and elevated pricing environment.
- Japan plans to replace up to 5 aging nuclear reactors by 2040s as part of energy security strategy
Part of broader industrial decarbonization push; timing aligns with manufacturing competitiveness goals.
- Waymo partners with B2U Storage Solutions to repurpose robotaxi batteries as grid-scale energy storage
Used battery packs will support backup power projects in California and Texas as Waymo scales autonomous fleet operations.
More: Ars Technica
TSMC CEO warns chip supply will fall short of AI-fueled demand for years; company maintains 30% growth outlook for 2026Supply constraint sustains pricing power; Intel positioned to capture overflow demand from hyperscalers.
More: Tom's Hardware, The Verge, Nikkei Asia
PC manufacturers restart DDR4 production as memory shortages force industry away from DDR5 standardDDR4 revival signals sustained supply constraints in cutting-edge memory, with OEMs reverting to older architecture.
Arm Holdings market cap surges to $218B, nearly doubling share price in weeks as valuation reaches rare extremesStock rally pushes Arm to valuation levels rarely seen since its 2023 ADR listing, driven by AI chip design demand.
Amazon updates Proteus warehouse robot with natural language interface, moving beyond code-based interactionThe autonomous robot, first announced in 2022, now accepts spoken commands from warehouse workers instead of requiring manual programming.
Austrian startup Tumbleweed ships Oasis Alpha, its first commercial satellite, to launch integrator for July flightVienna-based firm's maiden satellite ready for launch as Austria enters commercial space sector.
UK business secretary to challenge EU over proposed cuts to tariff-free steel import quotasPeter Kyle will meet European counterpart over plans to nearly halve duty-free British steel access.
Thailand's richest man to invest $4.3B in data center expansion over five years amid AI infrastructure demandSarath Ratanavadi's Gulf Development plans capex boost through 2031 to support regional AI computing growth.
Chinese optical transceiver maker becomes top-weighted stock on CSI 300 benchmark, displacing battery giant amid AI infrastructure boomShift reflects surging demand for AI data center networking hardware and China's pivot toward domestic semiconductor supply chains.
Cerebras plans partnerships with major AI infrastructure suppliers except Nvidia, following Amazon collaboration modelThe chipmaker is positioning itself as vendor-agnostic alternative to Nvidia-dependent AI data center architectures.
- Nvidia expands CPU strategy amid China's EV maker push into advanced semiconductors
Nikkei reports on Nvidia's processor ambitions as Chinese automakers accelerate domestic chip development efforts.
Zurich Insurance expands data-center insurance offering to Europe and South America, betting on AI infrastructure buildoutThe insurer is capitalizing on global demand for AI-linked data-center projects beyond its existing US presence.
Air Force seeks $1B in fiscal 2027 to accelerate Collaborative Combat Aircraft into productionCCA represents a cornerstone autonomous teaming platform; funding approval could signal Pentagon readiness to scale AI-enabled distributed combat.
South Korean listed companies set to outpace Japanese peers in earnings this year, driven by AI boomSamsung and SK Hynix chip strength positioning Korea as primary AI infrastructure beneficiary in region.