Finance news

China fast tracks humanoid robots and embodied AI into industry under nationwide programme

China is launching a nationwide training programme to help humanoid robots move from dance performances and marathon races into factories, warehouses and hospitals, as Beijing steps up efforts to commercialise the technology. The goal is to accelerate the deployment of humanoid robots and embodied AI in real-world production and service environments, giving local governments and state-owned enterprises less than six months to prove the technology’s viability in such settings, according to an...

FIX (Comfort Systems USA): Why skilled labor is the next AI bottleneck and how one company owns it

TL;DR: The AI infrastructure bottleneck is shifting from power to construction labor. Comfort Systems USA (NYSE: FIX) is the dominant turn-key MEP contractor for data centers, with a modular construction moat its closest competitor (EMCOR) admits it can't match. Revenue grew 56.5% YoY and EPS grew 121.3% YoY in 1Q26, backlog up 80% YoY. Our target: $5,326 vs current $1,835. The framework: bottlenecks make the best trades SK Hynix and Hyosung Heavy returned 967% and 918% from the start of 2025. B

Japanese fans draw the line at Trump using manga, anime to boost image

Almost 20,000 people have signed an online petition in Japan to protest against US President Donald Trump and the White House using manga and anime characters in posts on social media. In the latest example, a video on Truth Social uploaded on Saturday depicts Trump as ninja Naruto Uzumaki from Naruto, sparking a furious reaction from some fans of the popular series. The clip is part of an AI-generated music video for “Thank You, President Trump”, a song by Anthony Constantino, a Republican from

Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says

U.S. cybersecurity giant CrowdStrike said China-based entities made over half of state-sponsored cyberattacks on tech firms for artificial intelligence assets.

China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses

Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.

Anthropic is about to IPO at ~$1 trillion. Has anyone looked at the ESG liability?

Everyone’s talking about revenue growth and compute costs. Fair enough, the numbers are impressive. But data centers cost the US economy $25 billion last year in environmental damage, $3.7 billion of that directly from AI. Right now that’s an externality society pays it, not the companies. Once Anthropic goes public, that changes. SEC disclosure requirements, California’s SB 253, investor scrutiny. Stuff that was never visible as a private company is suddenly a line item. No one in the analyst c

‘I kept crying’: Hong Kong grads struggle to find jobs as AI takes over

Hong Kong graduate Ivan Cheung has filed more than 200 job applications since March, and he is hoping that out of the dozen or so companies that have asked him to interview or take a written test, one will eventually hire him. But the data science and analytics graduate from Polytechnic University is in a slightly better position than some of his peers as he works part-time, giving him a small financial cushion as he tries to find a permanent role. Cheung said that those around him who had...

Entergy CEO pushes back on fears that AI data centers will drive up electricity bills

Entergy CEO Drew Marsh said data centers can be a win for local communities rather than a burden on residents.

Super Micro stock tumbles on $7 billion financing plans as company touts AI server orders

Super Micro is the latest company tied to the AI boom to announce that it's tapping the capital markets.

Super Micro stock plunges as $7 billion equity raise overshadows booming backlog

Super Micro looks to raise equity as it faces staggering AI demand but also an intense cash burn

Japan's Mitsubishi HC, Canada's Brookfield to buy European wind, solar farms in AI play

Japan seeks bigger role in Asia's subsea cables as AI rewires demand

GM eyes new battery chemistry to grow AI data center, energy storage business

GM is expanding efforts to capitalize on the expected growth of energy storage and data centers and the development of next-generation sodium-ion batteries.

Nuclear and Natural Gas Are Teaming Up to Power the AI Data Center Boom

Data centers are placing unprecedented strain on electric grids across the country and across the world as the rapid integration of artificial intelligence into virtually every market sector unleashes an energy monster that we are woefully unprepared to feed. Meeting projected demand growth in coming months and years will require creative solutions and cutting-edge energy innovation, but it will also require an all-of-the-above approach that employs old energy systems in new ways. In one such at

Anthropic opens powerful Mythos AI model to public – with some safeguards

Anthropic is rolling out ⁠a public version of ⁠its Mythos AI model, but ⁠with guard rails barring its use in risky areas such as cybersecurity, after a preview earlier this year sent shock waves globally with its ability to find software flaws. The new Claude Fable 5 is the most powerful model ‌Anthropic has ever made for wider use, the start-up said on Tuesday, touting its performance in software engineering and analytics. Anthropic has so far limited its access to a group of about 200...

Tech stocks dive as Friday’s incoming SpaceX IPO creates ‘bad psychology’

Technology stocks tumbled on Tuesday, extending a swoon that began in early June, as investors anxiously await the historic SpaceX IPO later this week and retreat from hot parts of the AI playbook.

Adobe needs a new CEO to make bold AI moves, and its choice could be revealed on Thursday

Given all the doubts around Adobe, it’s perhaps surprising that the company will likely go with an internal candidate to replace outgoing CEO Shantanu Narayen.

As SpaceX IPO anticipation heats up, what 2026’s biggest IPOs say about investor demand

Investors are paying close attention to huge IPOs expected this year, with questions about how they may perform amid enthusiasm for AI.

How much liquidity is actually in the market?

With Google dropping 85 billion of new shares, SpaceX getting ready to IPO and sell 75 billion, and Anthropic and OpenAI filing their S1s to go public "soon" there's at least 160 billion that needs to be "bought up" if the IPOs sell at their target price, and a total of 320 billion if we assume Anthropic and OpenAI choose to raise similar amounts (85 + 75 + 80 + 80 billion) The largest year of IPOs so far has been in 2021 with $303 Billion done in a year. This means this year will likely top tha

Artificial Intelligence: Anthropic makes top AI model available with limitations

With the AI ​​model Mythos, the OpenAI competitor Anthropic alarmed the tech industry because it found software vulnerabilities that had been undetected for years. Now there is a version with restrictions.

NRO funds BlackSky for new satellites, AI-optimized image detection system

“The NRO is at the forefront of integrating AI into space-based ISR,” a spysat agency spokesperson told Breaking Defense.

Anthropic releases Mythos-like AI model to the public two months after private rollout rocked Wall Street

Anthropic said the broad release is possible because of new safeguards that block responses in specific high-risk areas.

Apple’s AI could usher in a historic upgrade cycle that investors are overlooking

Apple’s new AI features are on track to be monetized faster than expected, thanks to increased hardware requirements and new “killer apps.”

EU coercive measure: WhatsApp must allow other AI providers

The messenger market leader WhatsApp offers users the artificial intelligence “Meta AI”. Other providers have to pay. Brussels fears lasting disadvantages and intervenes.

Meta: EU Commission obliges WhatsApp to allow other AI providers free of charge

The messenger market leader WhatsApp offers users the artificial intelligence “Meta AI”. Other providers have to pay. Brussels fears lasting disadvantages and intervenes.

Messenger service: EU coercive measure: WhatsApp must allow other AI providers

The messenger market leader WhatsApp offers users the artificial intelligence “Meta AI”. Other providers have to pay. Brussels fears lasting disadvantages and intervenes.

Apple shares slide after big Siri AI reveal

Apple unveiled new artificial intelligence software at WWDC, highlighted by its long-awaited update to Siri.

OpenAI's 2026 GAAP loss runs ~80% above the headline. Does the $1T IPO valuation absorb it?

OpenAI's projected 2026 losses look very different once stock-based compensation is included. The widely cited $14B figure excludes SBC. Add the $7B to $10B in equity comp and the median 2026 GAAP net loss lands closer to $25B to $26B, roughly 80% higher than the non-GAAP number. That significantly changes their runway math. At $14B annual burn the current $122B in available capital covers ~8 to 9 years. At $25B losses, it covers about 5. The path to profitability then requires moving from a -12

Today: Why Apple's new Siri AI is causing disillusionment

Apple introduces new AI functions, but the market reacts cautiously. Our tech reporter explains why. And: We are looking at a space company that has been on the stock exchange for five years.

Is there a way to short SpaceX? Without unlimited downside?

I was looking into the potential IPO of SpaceX, and in my opinion, Elon Musk knows the company is a toxic asset and wants to cash out while securing his trillion-dollar compensation package. I think he wants to dump that risk onto public investors. With the Iran situation remaining a merkey, but unlikely to actually be resolved anytime soon with Israel bombing them yesterday’s it’s likely that energy costs stay high making rocket fuel and AI energy extremely expensive, I don’t buy the argument t