Baidu's AI chip unit Kunlunxin files for a dual Kunlunxin IPO in Shanghai and Hong Kong, seeking a $3.5 billion valuation to scale its semiconductor production.
Rackspace and AMD launch a regulated Enterprise AI Cloud for healthcare and finance, as RXT shares surge following a return to profitability.
AMD Instinct MI300X successfully fine-tunes MedQA clinical AI in 5 minutes, proving ROCm 6.1 is a viable alternative to NVIDIA's CUDA for healthcare AI.
Pit raises $16M led by a16z to scale its Pit AI enterprise automation platform, replacing manual workflows with custom-built software for large organizations.
Halliburton achieves 95% seismic workflow acceleration using Amazon Bedrock and AI, automating complex data processing for geoscientists.
Robo.ai acquires Neurovia for $100M to build physical AI video infrastructure for autonomous vehicles and robotics. Closing expected June 2026.
Intel Gaudi 3 secures $500M in orders as IBM Cloud becomes the first provider to deploy the AI hardware for enterprise generative AI workloads.
Salesforce resets its revenue model for FY27 to focus on its Salesforce AI strategy and the Agentic Enterprise, including a 1,000-person hiring surge.
AWS European Sovereign Cloud launches in Germany with Vodafone, offering NVIDIA L4 GPUs and strict EU data residency for regulated industries.
SAP completes the SAP Reltio acquisition to provide a clean data foundation for Joule AI agents and the SAP Business Data Cloud.
Cloudflare and Upwork slash workforces to pivot toward agentic AI models, signaling a shift to autonomous efficiency in the tech sector.
Zen Technologies AI defense platforms launched in May 2026, featuring autonomous anti-drone systems and directed energy weapons for tactical defense.
NVIDIA and the DOE launch the Genesis Mission, featuring the 100,000-GPU Solstice supercomputer to double US scientific productivity via AI.
Amazon launches the AWS MCP Server, a managed tool providing AI agents with secure, IAM-governed access to over 15,000 AWS APIs and sandboxed code execution.
AWS launches Amazon Bedrock AgentCore Payments with Coinbase and Stripe, enabling AI agents to pay for APIs and content using stablecoins and fiat currency.
