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GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

June 2, 2026 Emily Chen
GoPro Faces Financial Challenges GoPro warned on Monday that there is "substantial doubt about the company’s ability to continue as a going concern.&quot...
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Alphabet to raise $80bn in equity to fund its AI spending

June 2, 2026 Emily Chen
Alphabet Raises $80 Billion in Equity for AI Infrastructure Alphabet is raising $80 billion in equity, an unusually large sum for a company that has rarely ...
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STMicroelectronics doubles its data-centre revenue forecast to $1bn

June 2, 2026 Emily Chen
STMicroelectronics Doubles Data Centre Revenue Expectations STMicroelectronics has roughly doubled what it expects to make from data centres this year. The Fr...
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Amazon moves Prime Day back to June and keeps it a four-day event

June 2, 2026 Emily Chen
Amazon's Early Prime Day 2026: A Summer Sale to Remember Amazon has decided to bring forward its big summer sale. Prime Day 2026 will take place from June 23 ...
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Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation

June 2, 2026 Emily Chen
Huntington Beach Defense-Tech Startup Raises $300M Series C at $1.8B Valuation A Huntington Beach defense-tech startup run by a 22-year-old MIT dropout has ra...
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Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts

June 2, 2026 Emily Chen
Tilt Secures $26M Investment from Vinted Ventures, Defending Against Whatnot Expansion Tilt, the London-based live-auction app founded by two early Revolut em...
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ByteDance and Oracle are using Arm’s in-house AGI CPU, completing the hyperscaler-x86 exit

June 2, 2026 Emily Chen
Arm CEO Confirms ByteDance and Oracle as Customers for In-House Data-Centre CPU Arm chief executive René Haas confirmed at Computex on Monday that ByteDanc...
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SEALSQ takes majority of WeCan to build a post-quantum AI compliance co-pilot for private banks

June 2, 2026 Emily Chen
Swiss Firm SEALSQ Acquires Majority Stake in WeCan Group The Swiss post-quantum-crypto firm has lifted its WeCan stake from 28% to majority and committed CHF ...
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Amazon moves Prime Day back to June and keeps it a four-day event

June 2, 2026 Emily Chen
Amazon's Early Prime Day 2026: A Summary Amazon has decided to bring forward its summer sale, known as Prime Day, to June 23-26, 2026 . The event will commen...
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Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation

June 2, 2026 Emily Chen
Huntington Beach Defense-Tech Startup Raises $300M Series C at $1.8B Valuation A defense-tech startup in Huntington Beach, run by a 22-year-old MIT dropout, h...
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