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30 June 2026
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Reflection AI Secures $6.3 Billion Compute Deal with SpaceX for Advanced AI Development
Big Tech

Reflection AI Secures $6.3 Billion Compute Deal with SpaceX for Advanced AI Development

Reflection AI has locked in a multi-year contract with SpaceX that grants access to cutting-edge Nvidia chips, fueling its ambitions to develop open-source AI models.

Honda partners with QuantumScape to develop solid-state EV batteries with extended range
Energy & Climate

Honda partners with QuantumScape to develop solid-state EV batteries with extended range

Honda and QuantumScape launch a multi-year collaboration to advance solid-state battery technology, targeting safer, lighter EV batteries with a 620-mile driving range.

Oracle Cuts 21,000 Jobs Amid Record Revenue Growth Fueled by AI Expansion
Corporate Power

Oracle Cuts 21,000 Jobs Amid Record Revenue Growth Fueled by AI Expansion

Oracle reduced its workforce by 13% as investment in AI and cloud infrastructure boosted revenue to a company record, highlighting AI’s dual impact on tech employment.

Judge Blocks DOJ Subpoenas Targeting Minnesota Officials in Immigration Probe
AI & Tech Regulation

Judge Blocks DOJ Subpoenas Targeting Minnesota Officials in Immigration Probe

A federal judge dismissed subpoenas issued to Minnesota’s governor and other officials, ruling they aimed to coerce political cooperation in immigration enforcement beyond federal authority.

Prosper AI Secures $30M to Enhance Healthcare Patient Interaction Automation
Corporate Power

Prosper AI Secures $30M to Enhance Healthcare Patient Interaction Automation

Prosper AI raised $30 million to expand its AI-driven platform that streamlines healthcare providers’ patient communications and administrative workflows.

Voluntary Carbon Markets Alone Cannot Scale Carbon Removal to Climate Goals
Energy & Climate

Voluntary Carbon Markets Alone Cannot Scale Carbon Removal to Climate Goals

Despite notable corporate investments, voluntary carbon markets lack the capacity to drive carbon removal at the scale required, demanding stronger public policy support.

US Grants Temporary Sanctions Relief Allowing Iranian Oil Sales and Imports
Trade & Tariffs

US Grants Temporary Sanctions Relief Allowing Iranian Oil Sales and Imports

The US Treasury has issued a 60-day license permitting Iranian oil exports and US imports under a new preliminary agreement, marking a notable shift in US-Iran policy.

Fed Official Highlights Stablecoins and Tokenized Assets in Dollar’s Global Role Debate
Crypto & Fintech

Fed Official Highlights Stablecoins and Tokenized Assets in Dollar’s Global Role Debate

Federal Reserve board member Christopher J. Waller emphasized the impact of digital assets like stablecoins on the U.S. dollar’s international role during a key Fed conference.

Gavin Newsom’s War Chest Grows Amid DOJ Investigation, Funding Expands to Political and Media Campaigns
Corporate Power

Gavin Newsom’s War Chest Grows Amid DOJ Investigation, Funding Expands to Political and Media Campaigns

Governor Gavin Newsom has raised nearly $14.5 million through related PACs following a DOJ probe, channeling funds into digital ads, staff salaries, a book tour, and political consulting.

Iran Signals Possible Return of Nuclear Inspectors Amid Peace Talks in Switzerland
Defense & Security

Iran Signals Possible Return of Nuclear Inspectors Amid Peace Talks in Switzerland

Iran has reportedly agreed to allow International Atomic Energy Agency inspectors back into the country following initial peace negotiations, though Tehran denies new commitments.