Got a case of the Mondays? Catch up on what you missed this past weekend!
Qualcomm has entered a fierce AI race with its two new chips, the AI200 for 2026 and the AI250 for 2027. Designed for full liquid-cooled server racks, the announcement boosted share prices and solidified its place as a challenger to giants like Nvidia and AMD.
The focus quickly shifts to Microsoft, which recently bundled steep OpenAI-related losses into a $4.7 billion expense line here. This report comes as Australia takes legal aim at the company, alleging misleading AI pricing practices here and questioning the clarity of its consumer offerings.
Tesla faces potential internal conflict as its board chair warned that without shareholder approval of a $1 trillion compensation package, CEO Elon Musk's role could be in jeopardy here. This unprecedented condition has sparked discussions about strategy and leadership during these volatile times.
Global markets also received a boost owing to encouraging updates in US-China trade talks here, as easing tensions over export controls and rare earths spurred investor optimism. Meanwhile, CISA has called for urgent patching of a critical Windows Server Update Service flaw here, underlining the ongoing need for vigilance in cybersecurity.