Intel reported Q1 revenue of $13.6 billion, exceeding the $12.4 billion forecast by 9.4%. The Data Centre and AI segment saw a 22% increase, reaching $5.1 billion. Non-GAAP EPS came in at $0.29, vastly outperforming the 1-cent estimate. Intel's stock has surged over 80% this year. Additionally, the company is collaborating with Elon Musk on the Terafab chip initiative.

Google is making a substantial investment commitment to Anthropic, pledging up to $40 billion, including $10 billion in cash at a $350 billion valuation and an additional $30 billion contingent on hitting performance benchmarks. The agreement also features a provision for five gigawatts of computing power over five years, totaling around $43 billion in support. This move coincides with Anthropic's impressive growth, as its annual recurring revenue (ARR) surged to $30 billion from just $1 billion in early 2025, reflecting robust market confidence and expansion.

The US government now holds a 9.9% stake in Intel, initially acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at a price of $20.47 per share. Following Intel’s impressive Q1 earnings report, the stock price surged over 20%, boosting the value of this stake to around $36 billion. This represents an unrealized gain of approximately $26.5 billion, highlighting a significant return on investment from the government’s strategic move.

X-Energy successfully raised $1.02 billion in the largest nuclear energy IPO to date, with initial shares priced at $23, marking a 21% increase above the projected range on Nasdaq. Shares jumped 31% on the first day, boosting the company's market capitalization to $12 billion. The offering was highly sought after, with demand exceeding supply by 15 times. This is in contrast to an earlier unsuccessful attempt to complete a $1 billion SPAC deal in 2023, highlighting that the change was driven by market dynamics rather than modifications in the company's technology.

Since 2018, the IRS has been utilizing Palantir's advanced software platforms to aid in the investigation of financial crimes, according to reports from The Intercept. This collaboration highlights the growing role of data analytics in enhancing governmental oversight and enforcement capabilities.

Oracle has finalized a $16.3 billion financing deal for a single data center campus in Saline Township, Michigan — marking the largest technology debt package ever for a single facility. The bond was primarily anchored by PIMCO, which committed about $10 billion, as U.S. banks stepped back due to concerns over the future demand for AI infrastructure. This deal is part of a broader $72 billion financing effort by Oracle.

Private equity firms are embracing a fresh approach centered on operational transformation powered by AI to enhance returns and streamline efficiency.

Schroders Capital and Teachers’ Venture Growth have joined as new investors in Vinted’s recent €880 million secondary share sale. The deal provides early investors and long-serving employees with liquidity. Although Vinted is "IPO-ready," it has not announced a timeline for going public. The company reported a 36% increase in revenue for fiscal year 2024, reaching €813 million, while net profits quadrupled. Vinted, a Lithuanian-based second-hand marketplace, has grown into one of Europe’s largest consumer-to-consumer platforms.

WPP experienced a 6.7% decline in a key revenue metric in Q1, challenged by previous account losses, regional conflicts in the Middle East, and uneven client spending patterns.

WIRED recently spoke with Bloomberg's chief technology officer about significant, chatbot-style enhancements coming to the Bloomberg Terminal, the essential platform for traders. These AI-driven updates aim to reshape how users interact with the terminal, promising more intuitive and efficient access to financial data and tools, whether users welcome the change or not.