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Alphabet Plans to Raise $80 Billion for AI Infrastructure

Alphabet Plans to Raise $80 Billion for AI Infrastructure
Alphabet Plans to Raise $80 Billion for AI Infrastructure
June 01, 2026  |  Artificial Intelligence

Alphabet plans to raise $80 billion in equity capital to expand its artificial intelligence infrastructure and compute and meet “unprecedented customer demand.” Get the Full...

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SoftBank CEO Masayoshi Son Predicts AI Will Dwarf Dot-Com Boom
SoftBank CEO Masayoshi Son Predicts AI Will Dwarf Dot-Com Boom
June 01, 2026  |  Artificial Intelligence

If the artificial intelligence sector experiences a market correction, it will soon bounce back, SoftBank CEO Masayoshi Son said Monday (June 1). Get the Full...

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NY Fed Finds Remote Work, Not AI, Killed Entry-Level Jobs
NY Fed Finds Remote Work, Not AI, Killed Entry-Level Jobs
June 01, 2026  |  Economy

Artificial intelligence may not be the cause of the sharp rise in youth unemployment, according to a Federal Reserve of New York blog post. Get...

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Apple Set to Accelerate Wallet War With Automated Bill Splitting
Apple Set to Accelerate Wallet War With Automated Bill Splitting
June 01, 2026  |  Apple

An upcoming iPhone feature will enable users to split bills by photographing a receipt, assigning items to different people, and then generating payments requests, Bloomberg...

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Illinois Delays Swipe Fee Ban for Another Year
Illinois Delays Swipe Fee Ban for Another Year
June 01, 2026  |  Credit Cards

The Illinois legislature voted Monday (June 1) to delay implementation of the Interchange Fee Prohibition Act (IFPA) for a year. Get the Full Story Complete...

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Saris Raises $28 Million to Bring Agentic AI to Banking
Saris Raises $28 Million to Bring Agentic AI to Banking
June 01, 2026  |  Investments

Saris has raised $28.8 million for its agentic workflow platform for financial institutions. Get the Full Story Complete the form to unlock this article and...

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Walmart Curbs Employee AI Use as Demand Spikes
Walmart Curbs Employee AI Use as Demand Spikes
June 01, 2026  |  Artificial Intelligence

Walmart has reportedly limited employees’ artificial intelligence usage amid rising demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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SoFi Tech Solutions Names Visa Vet Kathleen Pierce-Gilmore President
SoFi Tech Solutions Names Visa Vet Kathleen Pierce-Gilmore President
June 01, 2026  |  Personnel

SoFi hired former Visa executive Kathleen Pierce-Gilmore to serve as president of technology solutions. Get the Full Story Complete the form to unlock this article...

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