Microsoft crushes Q1 earnings with $77.67 billion revenue and 40% Azure growth, but stock tumbles 4% as company forecasts accelerated capital spending and absorbs a massive $3.1 billion OpenAI investment hit despite maintaining its $135 billion stake in the AI giant.
Meta shares crash 9% despite crushing earnings expectations as the tech giant absorbs a massive $15.9 billion tax hit from Trump's new tax legislation while simultaneously ramping up AI spending with capital expenditures jumping to $70-72 billion for 2025.
Nvidia becomes the first company in history to reach a $5 trillion market valuation, surging 3% as unprecedented AI chip demand and potential US-China trade discussions fuel investor optimism about the company's dominance in the artificial intelligence revolution.
HUMAIN and Blackstone-backed AirTrunk forge a $3 billion partnership to construct cutting-edge AI-ready data centers across Saudi Arabia, combining local AI expertise with global hyperscale infrastructure capabilities to transform the Kingdom into a major digital innovation hub while developing homegrown talent and attracting international tech giants.
NVIDIA invests $1 billion in Nokia to develop AI-powered 6G networks, launching the Aerial RAN Computer Pro platform that enables software-based transitions from 5G to 6G, with T-Mobile set to begin field trials in 2026 targeting a market expected to exceed $200 billion by 2030.
AI startup Mercor rockets to $10 billion valuation after raising $350 million, pivoting from hiring assessments to training AI models with 30,000 contractors earning $1.5 million daily while benefiting from clients fleeing competitor Scale AI following Meta's controversial acquisition.
Valthos emerges from stealth with $30 million from OpenAI and top venture firms to build AI systems that detect biological threats in real-time, promising to slash response times from months to hours using frontier artificial intelligence technology.
Palantir secures a massive $200 million multi-year partnership with Lumen Technologies to integrate AI software with telecommunications infrastructure, marking the data analytics company's 19th deal of 2025 as Lumen transforms from traditional telecom to modern tech provider while targeting $1 billion in expense reductions by 2027.
Chinese autonomous vehicle company Zelostech secures $100 million in Series B4 funding led by Ant Group, bringing total Series B funding to $400 million as the firm operates over 10,000 driverless logistics vehicles globally for clients including China Post and DHL across multiple countries.
Andreessen Horowitz launches massive $10 billion fundraising campaign targeting AI and defense sectors while conspicuously omitting crypto from new fund plans, despite remaining one of Silicon Valley's biggest digital asset investors with recent $105 million in blockchain deals.