Atom Computing secures $100 million in Series C funding led by Third Point Ventures, cementing its position as one of only nine U.S. government-backed quantum computing startups and signaling surging investor confidence in the quantum computing sector.
Qualcomm unveils the Snapdragon Reality Elite chip at Augmented World Expo, delivering 48 TOPS of on-device AI performance, 4.4K-per-eye visuals at 90fps, and 20% better battery life to power next-gen AR headsets, including the newly launched XREAL Project Aura glasses running Google's Android XR platform.
Enterprise AI costs are spiraling out of control as token bills from frontier models like ChatGPT, Claude, and Gemini blow past budgets, forcing companies to adopt smarter model routing and hybrid compute strategies while vendors like Databricks race to offer cost-control solutions.
Databricks launches Genie One, an agentic AI coworker that automates enterprise work across marketing, finance, and sales by leveraging a self-improving context layer called Genie Ontology, which learns from tools like Slack, Jira, and Google Drive to deliver governed, data-grounded AI reasoning with no seat-based pricing.
Snap launches SPECS, a $2,195 pair of AR glasses powered by dual Snapdragon chips and contextual AI, offering a 51-degree field-of-view display and up to 20 hours of battery life, now available for pre-order ahead of a fall release in the US, UK, and France.
ChatGPT's global market share falls below 50% for the first time, dropping to 46.4% as Google's Gemini surges to 27.7% and Anthropic's Claude hits 10.3%, while the booming AI app economy races toward $4.2 billion in consumer spending in the first half of 2026 alone.
Microsoft is overhauling Copilot's pricing to a usage-based model amid soaring costs from power users, while simultaneously exploring a fine-tuned, Azure-hosted version of DeepSeek V4 as a cheaper AI alternative to OpenAI and Anthropic, with a decision expected within weeks.
CoreWeave unveils 'Valvey' and 'Racky,' two groundbreaking infrastructure innovations designed to eliminate AI data center bottlenecks by revolutionizing coolant control and rack management for Nvidia's powerful 72-GPU Vera Rubin NVL72 system.
Microsoft launches Copilot Cowork globally after record-breaking Fortune 500 adoption, offering enterprise AI automation that runs 30-40% cheaper than competitors with usage-based billing starting today.
IBM, NVIDIA, and Red Hat are spearheading DocLang, a groundbreaking open AI-native document format built to replace PDFs in enterprise AI pipelines, delivering up to 30x lower token costs while preserving semantic structure and slashing hallucination risks.