Nvidia has made market history by reaching a $5 trillion valuation (Nvidia milestone), spotlighting the growing appetite for GPU-powered AI. Meanwhile, OpenAI is gearing up for an IPO valued at up to $1 trillion (OpenAI IPO), signaling its commitment to dominate the AI space.
A global Microsoft Azure outage (Azure disruption) affected key services like Xbox Live and Microsoft 365, prompting fresh concerns about cloud infrastructure resilience. At the same time, Meta faced investor unease as soaring AI costs and a hefty tax charge impacted results (Meta earnings).
On the creative and security fronts, Canva has launched an AI-powered creative suite overhaul (Canva AI suite), while WhatsApp enhances encryption with new passkey protection (passkey update). In cybersecurity, Proton is offering realtime Dark Web monitoring (Data Breach Observatory), further reflecting a proactive approach to digital safety.
Additional headlines include a strategic Trump-Xi trade agreement easing tariffs (trade deal), the appointment of a new CEO at Monzo drawn from Google tech (Monzo CEO), and major funding rounds for Legora (Legora funding) and Bending Spoons (Bending Spoons acquisition). Updates from Apple expanding its Self Service Repair program (Apple repair update) cap off a day of transformative tech news.