Prometheus valued at $41B after funding round led by Jeff Bezos

Micron's AI-driven growth highlights the potential for sustained high valuations in tech, but also underscores risks of volatility and valuation compression. The post Micron Technology’s stock rebounds as analysts predict growth driven by AI memory demand appeared first on Crypto Briefing.

TORONTO, June 11, 2026 — The Vector Institute today announced the signing of a Memorandum of Understanding (MOU) with Helmholtz Munich, one of Germany’s leading health and environmental research centres, […] The post Vector Institute and Helmholtz Munich Sign MOU to Advance International AI and ML Research appeared first on AIwire.

Trump's AI profit-sharing push could reshape tech valuations, balancing public benefits with investor interests and regulatory oversight. The post Trump expects AI companies to agree to public benefit sharing appeared first on Crypto Briefing.

MOUNTAIN VIEW, Calif., June 11, 2026 — Glean’s Work AI Institute has released its inaugural Work AI Index, revealing a growing disconnect at the center of enterprise AI: workers are using […] The post Glean: Workers Say AI Saves 11 Hours a Week But Lack of Context Is Eating Gains appeared first on AIwire.

The intensifying rivalry between OpenAI and Anthropic could redefine AI's regulatory landscape and influence future technological ethics. The post OpenAI and Anthropic clash over the future of AI as rivalry reaches a boiling point appeared first on Crypto Briefing.

Oracle's aggressive AI investments highlight the risks of over-leveraging and shareholder dilution, potentially impacting long-term financial stability. The post Oracle’s stock faces worst decline in 25 years amid AI spending backlash appeared first on Crypto Briefing.

Just after Seattle enacted a one-year data center moratorium that some of Amazon's own employees pushed for, Amazon shared how much water its data centers use, reportedly for the first time. With concerns about water consumption and energy use a focus of new AI data center construction debates, Amazon says its global data center operations consumed 2.5 billion gallons of water in 2025 at a rate of 0.12 liters per kilowatt-hour of electricity, dropping by two percent from its 2024 total even as it expanded operations. Amazon also claims it's using water more efficiently than some Big Tech rivals - this graphic in Amazon's report points to M … Read the full story at The Verge.

Under-the-hood AI changes and efficiency improvements at the OS layer across Apple’s platforms are certainly the highlights at WWDC 2026. But there have also been significant changes IT admins will need to prepare for, particularly around Declarative Device Management (DDM).  The Intel age is over Apple warned us this was coming, but macOS 27 will not support Intel at all. The company will deliver three more years of security updates for those devices, and you will still be able to use Rosetta to get Intel app binaries to run legacy apps on Apple Silicon. But if you still rely on any Intel apps or Macs, it really is time to plan your upgrade. DDM becomes the present It was the future once, but when it comes to Declarative Device Management (DDM) that future is now. Apple is removing all its legacy MDM mechanisms to replace them with DDM. “For IT admins, WWDC 2026 is a migration year,” wrote Fleet. “Apple is removing legacy MDM mechanisms and replacing them with Declarative Device Manag