BCG: enterprise users spent a total of $300M on quantum computing in 2025, outranking the combined spending of research labs and governments for the first time (Isabelle Bousquette/Wall Street Journal)

BCG: enterprise users spent a total of $300M on quantum computing in 2025, outranking the combined spending of research labs and…

Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company (Financial Times)

Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still ma…

Blackbird and Airtree revalue Canva at $34.9B, down from $42B in 2025, as it struggles in the AI era; Canva's internal valuation falls to $31B, down from $38.9B (Australian Financial Review)

Blackbird and Airtree revalue Canva at $34.9B, down from $42B in 2025, as it struggles in the AI era; Canva's internal valua…

Z.ai debuts GLM-5.3, using the same base model as GLM-5.2 with scaled post-training for stronger coding and cyber skills, with weights due in two weeks (Z.ai)

Z.ai debuts GLM-5.3, using the same base model as GLM-5.2 with scaled post-training for stronger coding and cyber skills, with w…

Lenovo reports Q1 revenue up 43% YoY to $26.94B, its highest quarterly revenue growth in five years, as AI-related revenue rose 60% YoY to $9.3B, 35% of total (Laurie Chen/Reuters)

Lenovo reports Q1 revenue up 43% YoY to $26.94B, its highest quarterly revenue growth in five years, as AI-related revenue rose …

Amazon is using Twitch to train generative AI

Amazon is using Twitch to train generative AI https://bit.ly/3StL5m0 The streaming platform's users criticised the move to a…

Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertising and resilient game spending (Bloomberg)

Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertisi…

Stockholm-based AI coding startup Lovable raised $400M at a $13.3B valuation, up from $6.6B in December 2025, becoming one of Europe's most valuable startups (Ben Dummett/Wall Street Journal)

Stockholm-based AI coding startup Lovable raised $400M at a $13.3B valuation, up from $6.6B in December 2025, becoming one of Eu…

Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May (Rebecca Torrence/Bloomberg)

Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a…

A look at London-based AI startup Cosine, which is building a frontier model with UK government backing, as some question if it has the talent and resources (Financial Times)

A look at London-based AI startup Cosine, which is building a frontier model with UK government backing, as some question if it …

Intel raised $20B in an upsized share sale, up from the $15B it was targeting; sources say the sale drew $100B+ in demand; INTC is up ~146% in 2026 so far (Bloomberg)

Intel raised $20B in an upsized share sale, up from the $15B it was targeting; sources say the sale drew $100B+ in demand; INTC …