AMD's Venice CPU, built on Zen 6 architecture, will be released in 2026 with up to 256 cores, a 33% increase over current Epyc Turin processors. The chip boasts significant performance gains due to improved per-core efficiency and architectural enhancements, as well as TSMC's advanced 2-nanometer manufacturing process. Venice will support up to 16 channels of DDR5 memory, doubling the per-socket memory bandwidth to 1.6 terabytes per second. It also features doubled CPU-to-GPU communication bandwidth via PCI Express 6.0 and a new SP7 platform with higher power delivery capabilities, supporting up to 128 PCIe lanes and potentially over 700 watts of power.
https://www.techspot.com/news/108319-amd-unveils-epyc-venice-256-cores-2nm-process.htmlApplied Intuition Inc., a startup developing AI technology for autonomous vehicles, drones, and more, has raised $600 million from investors, doubling its valuation to $15 billion. The financing was co-led by BlackRock-managed funds and Kleiner Perkins.
https://news.bloomberglaw.com/private-equity/applied-intuition-hits-15-billion-valuation-for-ai-vehicle-techHelsing, a German startup developing artificial intelligence for drones, has raised €600 million ($694 million) in funding led by Spotify Technology SA founder Daniel Ek's Prima Materia. Existing investors including Lightspeed Ventures and Accel also participated in the round, alongside newcomer BDT & MSD Partners.
https://news.bloomberglaw.com/private-equity/drone-startup-helsing-raises-600-million-in-round-led-by-ekMeta and OpenAI are among the big tech companies pitching their tools to the US military, with Palantir's AI defense company also making a significant move. Meta and OpenAI have partnered with Anduril Industries to develop and deploy AI solutions for security missions, following in the footsteps of Palantir, which was founded by Peter Thiel, a prominent conservative tech billionaire who has played a key role in Silicon Valley's shift to the right.
https://www.manilatimes.net/2025/06/18/business/foreign-business/openai-wins-200-m-us-defense-contract/2134846SoftBank Group has sold 21.5 million T-Mobile shares for $224 each, raising around $4.8 billion to fund its plans for artificial intelligence. The sale represents a 3% discount from T-Mobile's Monday closing price of $230.99 per share. SoftBank aims to invest up to $30 billion in OpenAI and is working with ChatGPT creator to deploy hundreds of billions into data centers globally, avoiding debt financing issues due to U.S. tariffs uncertainty.
https://www.japantimes.co.jp/business/2025/06/17/companies/softbank-t-mobile-share-sale/Modern businesses require Identity and Access Management (IAM) systems due to the increasing digital threats, as evident in statistics from SureIdP. MFA significantly reduces identity-based attacks by 99.9%, while 76% of breaches are caused by credential misuse or phishing. The number of credential-based cyberattacks has seen a 71% year-over-year increase, with insider threats costing firms an average of $16.2 million annually. Implementing Zero Trust frameworks can reduce risk by up to 50%.
https://www.prnewswire.com/news-releases/42gears-launches-sureidp--zero-trust-identity-and-access-management-solution-for-secure-seamless-enterprise-access-302482634.htmlElon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion in equity funding on top of its recent attempts to borrow $5 billion from debt investors. The company, which developed the AI chatbot Grok, has spent most of its previously raised funds and needs the new investment to continue operations.
https://news.bloomberglaw.com/artificial-intelligence/musks-xai-in-talks-to-raise-4-3-billion-in-equity-fundingElon Musk's artificial intelligence startup xAI is in talks to raise an additional $4.3 billion through equity investment, on top of its existing $5 billion debt funding plans. The company has raised a total of $14 billion since its founding in 2023 and has spent most of the funds it previously secured. xAI needs new funding due to high costs associated with training and deploying advanced AI systems, including expensive hardware and skilled employees. The company's valuation has increased to $80 billion, up from $51 billion at the end of 2024, after acquiring X earlier this year.
https://www.thestar.com.my/tech/tech-news/2025/06/17/musk039s-xai-in-talks-for-43-billion-equity-funding-bloomberg-news-reportsGoogle is expanding its online search capabilities with generative artificial intelligence, a move that may challenge its ad-based business model. CEO Sundar Pichai recently introduced a new AI mode in Google search, which provides answers to queries above traditional links and ads. This development comes as the company faces competition from OpenAI's ChatGPT, which has integrated search engine features into its chatbot, further intensifying the tech giant's push into generative AI.
https://www.thestar.com.my/tech/tech-news/2025/06/16/google-turns-internet-queries-into-conversations