Amazon-Backed Nuclear Firm X-Energy Raises $1.02 Billion in IPO
X-Energy, a nuclear technology company backed by Amazon, completed an initial public offering raising over $1 billion.
X-Energy, a nuclear technology company backed by Amazon, completed an initial public offering raising over $1 billion.

Oracle Corp. has named Schneider Electric executive Hilary Maxson as its new CFO amid the company's artificial intelligence expansion.

Fitness platform Strava will charge developers $11.99 monthly for API access to prevent unauthorized data scraping by AI applications.

Hyundai Motor will recall more than 421,000 vehicles in the United States due to a software problem affecting the braking system.
Japanese semiconductor equipment maker Tokyo Electron severed relationships with an executive allegedly linked to Chinese competitors.

Multiple technology developments emerge across artificial intelligence, defense applications, and manufacturing capabilities worldwide.

European Union regulators are preparing to impose a substantial fine on Google as part of an ongoing antitrust investigation, according to German media reports.

European Union regulators propose requiring Google to provide third-party search engines access to its data under new competition measures.

Apple has launched personalized app recommendations in the App Store and is updating macOS with design changes and AI features.
Sony and Taiwan Semiconductor Manufacturing Company announced plans to establish a joint venture in Japan focused on developing advanced image sensor technology.

Tesla has begun operating unsupervised robotaxis in Austin while data shows autonomous vehicles may not reduce traffic as expected.

European Union confronts consumer complaints against tech platforms, China trade tensions, and warnings about US technological dominance.

California will begin issuing traffic tickets to autonomous vehicles in July, while Tesla's Model Y becomes the first to pass new federal driver-assistance tests.

Multiple SpaceX executives developed engineering skills through Cornell University's Formula SAE racing program before joining Elon Musk's company.
Meta agreed to purchase up to 1 gigawatt of space-based solar power from Overview Energy, while Spotify partnered with Peloton to launch fitness content.
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