Exclusive-ASML becomes Mistral AI’s top shareholder after leading latest funding round, sources say

By Milana Vinn and Max A. Cherney NEW YORK -ASML, a crucial supplier of advanced chipmaking equipment, is set to become the top shareholder of French artificial intelligence startup Mistral AI in a move to strengthen European tech sovereignty, people familiar with the matter told Reuters.  The Dutch ASML is committing 1.3 billion euros ($1.5…

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Google hit with $3.45 billion EU antitrust fine over adtech practices

By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google was hit with a 2.95-billion-euro ($3.45 billion) European Union antitrust fine on Friday for anti-competitive practices in its lucrative adtech business, a sharp sanction that riled up U.S. President Donald Trump. The fine, the fourth penalty Google has faced in its decade-long fight with EU competition regulators,…

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Hyundai’s eVTOL startup Supernal pauses work following executive departures, TechCrunch reports

(Reuters) -Hyundai’s electric air taxi startup Supernal has paused work on its aircraft program after recent staff cuts and the departure of its CEO and chief technology officer, TechCrunch reported on Sunday, citing two people familiar with the matter. Supernal announced the departure of CEO Jaiwon Shin late last week. David McBride, the CTO, has…

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Nvidia says GAIN AI Act would restrict competition, likens it to AI Diffusion Rule

(Reuters) -Nvidia said on Friday the AI GAIN Act would restrict global competition for advanced chips, with similar effects on the U.S. leadership and economy as the AI Diffusion Rule, which put limits on the computing power countries could have. Short for Guaranteeing Access and Innovation for National Artificial Intelligence Act, the GAIN AI Act…

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S&P 500 registers record-high close as data keeps rate cut views intact

Bama Didn’t Just Sign a Deal-They Took a Stake Strange picture predicts the market’s next move? [sponsor] Bama Didn’t Just Sign a Deal-They Took a Stake [sponsor] This isn’t a licensing agreement. It’s a full equity partnership. Alabama Athletics now profits from every piece of merch this Nasdaq disruptor sells. For early investors, that changes everything….

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JetBlue to enhance onboard Wi-Fi with Amazon’s Kuiper network by 2027

By Doyinsola Oladipo NEW YORK (Reuters) -JetBlue Airways said on Thursday it will partner with Amazon subsidiary Project Kuiper, a low Earth orbit satellite broadband internet network, to improve its onboard Wi-Fi starting in 2027. U.S. air carriers, seeking ways to win over consumers, are broadly investing in onboard Wi-Fi. JetBlue, Kuiper’s first airline partner,…

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