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The US Department of Commerce has signed nine CHIPS Act letters of intent worth $2bn, taking equity stakes in IBM, D-Wave, Rigetti and others.

AcceleratorX, launched out of the EU's largest agency network, is built for the 2026 AI founder. The bet: customers, not mentors, are what early-stage AI startups now need from week one.

Anthropic will open a Milan office to anchor its Italian commercial footprint, Reuters reports, extending a European push that already covers London, Dublin, Zurich, Paris and Munich.

Elon Musk's Grok has failed to convert its GSA OneGov agreement into federal-agency adoption, with downloads falling from 20m in January to 8.3m in April.

Taiwanese prosecutors are seeking to detain three individuals, including Supermicro co-founder Yih-Shyan 'Wally' Liaw, over the alleged use of forged documents to export high-end Nvidia AI chips to China.

The Trump administration is moving to underwrite US-made AI exports with billions of dollars of federal export financing through the Export-Import Bank's new 'Powers American AI Exports' programme.

Helsinki-headquartered satellite-intelligence company ICEYE has originated a 300m three-year committed revolving credit facility led by Citi and Danske Bank.

Samsung Electronics will pay its chip workers an average bonus of about $340,000 for the year, as the union pushes for compensation closer to $1m per employee and prepares for an 18-day walkout.

Starling Bank's annual profit fell again in the year to 31 March 2026, Bloomberg reports, as the Goldman-backed UK neobank took additional expected-credit-loss provisions on its retail-lending book.

Manus AI, the Singapore-headquartered agentic-AI start-up at the centre of China's regulatory block on Meta's $2bn-plus December acquisition, is weighing a fresh raise of up to $1bn to fund the unwind.