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House Appropriators Split on $12 Billion AI Research Package as Shutdown Clock Ticks

Republicans propose shifting half the funding to defense applications; Democrats refuse cuts to NSF and NIH grants that supply frontier-model safety research.

OpenAI Signs Multi-Year Licensing Deals With Five Global News Publishers

Agreements with Axel Springer, Le Monde, Prisa, Nikkei, and The Associated Press grant training and display rights in exchange for revenue shares on referred subscriptions.

Nvidia Raises Forecast as Data-Center Backlog Extends Into 2027

The chip maker told investors that Blackwell Ultra orders exceed $180 billion, easing fears that hyperscaler spending would plateau after two years of record capex.

Kering Rolls Out Photorealistic Virtual Try-On Across Gucci and Saint Laurent

Return rates drop 18 percent in pilots as AR fit prediction improves sizing confidence.

SpaceX Sets $135 IPO Price, Targeting $75 Billion Raise at $1.75 Trillion Valuation

The combined rocket, Starlink, and xAI business is poised for the largest public offering in history — and could open the floodgates for OpenAI and Anthropic listings.

Big Tech's 2026 AI Capex Hits $725 Billion as Earnings Silence the Bears

Amazon, Microsoft, Alphabet, and Meta are spending more than the GDP of Switzerland on data centers, chips, and power — and Q1 results suggest the market is still rewarding the buildout.