Technology

D-Wave Quantum Signs $100M CHIPS Act Funding Letter of Intent with U.S. Department of Commerce
D-Wave Quantum Inc. has signed a Letter of Intent for $100 million in proposed funding under the CHIPS and Science Act, signaling a major U.S. government endorsement of its dual-platform quantum computing technology.

Oncotelic Therapeutics Advances CNS Drug Delivery Strategy Amid BBB Breakthroughs
Oncotelic Therapeutics' $12.5M monetization of its CNS delivery system highlights growing industry focus on blood-brain barrier bypass technologies, unlocking new biotech market opportunities.

Planet Ventures Invests in Lux Aeterna's Reusable Satellite Platform
Planet Ventures Inc. strengthens its foothold in next-generation space infrastructure through an investment in Lux Aeterna, which is building the industry's first fully reusable satellite platform, as the global space economy is projected to reach $1.8 trillion by 2035.

Nocera Inc. Announces Strategic Transformation into Technology-Focused Holding Company with $300 Million Financing
Nocera Inc. (NASDAQ: NCRA) plans to restructure into a diversified technology holding company targeting high-growth sectors like AI, robotics, and blockchain, backed by a $300 million financing facility.

Safe Pro Group Reports 560% Revenue Surge, Launches Growth Team to Pursue U.S. Government Contracts
Safe Pro Group's Q1 2026 revenue soared 560% year-over-year, driven by a 2,400% jump in AI revenue, as the company launches a new growth team to capture U.S. government contracts.

RiskFootprint and Microsoft Copilot Launch AI Hazard Summary Engine for Real Estate and Lending Professionals
RiskFootprint and Microsoft Copilot have launched a new AI-powered hazard summary engine that delivers instant, defensible climate and hazard reports for real estate and lending professionals, eliminating AI hallucinations by using only government and peer-reviewed sources.

FP&A Report Reveals Record Tech Spend Yet 100% Spreadsheet Dependency, AI Adoption Poised to Double
Limelight Software's 2026 FP&A Statistics Report shows CFOs increasing technology spending and AI adoption, but nearly all finance teams still rely on spreadsheets, with 61% citing inaccurate forecasting as a top cost-control barrier.

GrocerIQ Holdings to Launch AI-Powered Neighborhood Grocery Stores in Los Angeles
GrocerIQ Holdings announced plans to deploy AI-driven neighborhood grocery stores across Los Angeles, aiming to improve local access to essentials and validate its physical AI retail platform.

tZERO's VerifyInvestor.com Integrates with PandoAlts to Streamline Investor Onboarding and Compliance
tZERO's subsidiary VerifyInvestor.com has integrated its accredited investor verification services into the PandoAlts Market Checks platform, aiming to streamline onboarding and compliance for private market investments.

Redwood AI Gains DTC Eligibility, Engages IBN for Investor Awareness Campaign
Redwood AI Corp. announced DTC eligibility for its common shares, simplifying U.S. trading and enhancing liquidity, while engaging InvestorBrandNetwork for a $114,000 market awareness campaign through September 2026.

Hotels Rush to Optimize Digital Presence as AI-Driven Travel Planning Takes Off
The travel industry is adapting to a surge in AI-assisted trip planning, compelling hotels to enhance their digital signatures to appear in AI recommendations, creating opportunities for firms like AI Maverick Intel Inc. to provide optimization systems.

SOLOWIN HOLDINGS Partners with Bahrain Payments Hub to Explore Stablecoin Integration
SOLOWIN HOLDINGS signed an MOU with Bahrain's national payments hub BENEFIT to explore stablecoin applications, potentially integrating digital assets into the kingdom's payment infrastructure.

Safe Pro Group Reports 560% Revenue Surge, Launches Growth Team to Target U.S. Government Contracts
Safe Pro Group's Q1 2026 revenue soared 560% driven by 2,400% AI revenue growth, and the company formed a new Growth Team to pursue U.S. government contracts.

Powermax Minerals Expands North American Rare Earth Portfolio to Reduce Reliance on Chinese Supply
Powermax Minerals is acquiring new rare earth projects in Canada and the U.S. to help secure critical mineral supply chains for defense and technology, as China dominates global processing.

BluSky AI Advances Modular 'AI Factory' Design to Accelerate Scaling Amid Rising AI Demand
BluSky AI Inc. is developing a modular, rapidly deployable 'AI factory' architecture to meet the growing demand for high-performance computing infrastructure, potentially reducing the time needed to bring new AI capacity online.

AI Coding Tools Drive Unexpected Cost Spikes at Major Companies
Microsoft and Uber have revealed that AI coding tools like Claude Code are exceeding budgets, with Uber burning through its 2026 AI budget by April, highlighting a growing financial challenge for enterprises adopting AI.

Cardio Diagnostics to Showcase AI-Powered Heart Risk Solutions at National Benefits Conferences
Cardio Diagnostics Holdings will exhibit at four national benefits conferences in June, presenting AI-driven tools to help employers and plan administrators reduce cardiovascular disease costs and improve workforce health.

Cardio Diagnostics to Present AI Cardiovascular Tools at National Benefits Conferences
Cardio Diagnostics Holdings will showcase AI-powered cardiovascular risk solutions at four benefits conferences in June, aiming to help employers and plan administrators reduce healthcare costs and improve workforce health.

Astrotech Launches Lunar Infrastructure Initiative Targeting Quantum Computing and Resource Development
Astrotech Corporation (NASDAQ: ASTC) announced a strategic initiative focused on lunar resource development, autonomous industrial infrastructure, and potential Moon-based semiconductor and quantum computing manufacturing, leveraging its spaceflight heritage and aligning with NASA's Artemis and Commercial Lunar Payload Services programs.

Yocale.ai Begins Trading on Canadian Securities Exchange Under Symbol 'YAI'
Yocale.ai Inc., an AI-powered operating system for beauty and wellness businesses, has started trading on the CSE, marking a milestone in its mission to provide enterprise-level tools to small service providers.

Trump's China Trip Ends Without Breakthroughs on AI, Taiwan or Iran
President Trump's recent visit to China concluded with ceremonial warmth but no concrete agreements on key disputes, leaving companies like Core AI Holdings assessing the policy void.

Jury Rules in Favor of Sam Altman in Elon Musk Lawsuit Over OpenAI's Future
A federal jury sided with OpenAI CEO Sam Altman in a lawsuit filed by Elon Musk, resolving a high-profile dispute over the company's founding purpose and direction.

HeartBeam Aims to Close Critical Gap in Early Cardiac Detection with Portable ECG Platform
HeartBeam Inc. is developing a cable-free, high-fidelity ECG platform to address pre-hospital delays in cardiac care, with potential for future heart attack detection.

Platinum Poised for Price Gains as Inventories Shrink and Demand from AI, Hydrogen Grows
Despite recent price stagnation, platinum's tightening supply and declining inventories, coupled with growing investment interest and demand from AI and hydrogen technologies, position the metal for stronger long-term gains, benefiting miners like Platinum Group Metals Ltd.

Frontieras North America Aims to Transform Coal Industry with Non-Combustion Processing Technology
Frontieras North America Inc. is targeting trillion-dollar energy and chemicals markets with its FASForm technology that fractionates coal into six commercial products without combustion, potentially reshaping how coal is utilized.

D-Wave Quantum Signs $100 Million CHIPS Act Funding Letter of Intent to Boost U.S. Quantum Computing Leadership
D-Wave Quantum Inc. has signed a Letter of Intent for $100 million in proposed CHIPS and Science Act funding from the U.S. Department of Commerce, signaling government backing for its quantum technologies and potential to accelerate domestic quantum innovation.

StanChart to Cut 7,000 Jobs by 2030, Boost AI Investment to Boost Profitability
Standard Chartered Bank announced plans to eliminate over 7,000 jobs by 2030 while increasing investment in technology, automation, and artificial intelligence to drive profitability.

Jeff Bezos Casts Doubt on Timelines for Orbital Data Centers
Amazon founder Jeff Bezos questions the accuracy of rival companies' timelines for establishing data centers in space, highlighting uncertainties in the emerging orbital data center industry.

Renewable Energy Boom Fuels Surge in Circuit Breaker Demand, Market to Reach $10.36 Billion by 2033
The global shift to solar and wind energy is driving unexpected growth in the circuit breaker market, projected to rise from $6.68 billion in 2024 to $10.36 billion by 2033, as these renewable sources require extensive electrical protection infrastructure.

LataMed AI Surpasses 1,000 Platform Subscribers as It Develops Mobile Healthcare Apps for Apple and Google Stores
LataMed AI Corp. announced it has surpassed 1,000 early-stage platform subscribers while advancing development of mobile healthcare applications for the Apple App Store and Google Play, targeting underserved markets in Latin America.