Nuro secures California permit for driverless Lucid Gravity testing Nuro has been granted a permit by the California DMV to test Lucid Gravity SUVs without a human safety operator on public roads. Maya Patel
SAP to invest $1.16B in German AI startup Prior Labs SAP plans to invest approximately $1.16 billion into the 18-month-old German AI lab to focus on tabular foundation models. pexels
Lucid Motors withdraws annual vehicle production guidance Lucid Motors has retracted its 2026 production forecast as the company undergoes a leadership transition and manages rising inventory levels. pexels
Amazon adopts new dehumidification technology to reduce energy consumption Amazon has signed a deal to purchase Transaera's dedicated outdoor air system to lower energy use in its commercial buildings. pexels
GameStop CEO Ryan Cohen faces scrutiny over $56 billion eBay acquisition proposal GameStop shares dropped 10% after CEO Ryan Cohen proposed a $56 billion takeover of eBay, leaving CNBC anchors questioning the funding source. Maya Patel
Palantir revenue surges to $1.63 billion as US defense spending hits $687 million Palantir reported an 85 percent year-over-year revenue increase during its first quarter 2026 earnings call, driven by rising US government demand for its Maven targeting system. pexels
SEC settles with Elon Musk's trust for $1.5 million over Twitter stock disclosure delays The SEC has reached a $1.5 million settlement with the Elon Musk Revocable Trust to resolve allegations of failing to timely disclose a 5% stake in Twitter.
Cerebras Systems prepares for $26.6 billion IPO following OpenAI partnership AI chipmaker Cerebras Systems plans to sell 28 million shares at up to $125 each, targeting a market capitalization of $26.6 billion.
Tesla surpasses 10 billion miles milestone for self-driving training data Tesla's fleet of vehicles has reached the 10 billion mile mark previously cited by Elon Musk as necessary for safe unsupervised driving.
Uber CEO eyes travel expansion and AI-driven software restructuring Uber CEO Dara Khosrowshahi is expanding the app's capabilities to include hotel bookings and exploring how AI token costs are impacting company hiring plans.
Toyota begins occupancy of $10 billion Woven City prototype The first 100 'Weavers' have moved into Toyota's sensor-heavy urban experiment built atop a disused factory site.
Coatue launches Next Frontier to acquire land for AI data centers Venture capital firm Coatue has launched a new venture called Next Frontier to purchase land near major power sources for data center development.
