Consumer Tech News (May 25-29): Dell, IBM, CrowdStrike, Meta Lead Big Tech AI Push

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Gov. Gavin Newsom (D-CA) on Thursday criticized the President Donald Trump Administration’s decision to introduce a $250 bill featuring a portrait of the President.

Earnings Results

Technology, Hardware & IT

Dell said that some of its biggest AI customers are signing multi-year server deals without knowing the final price, prioritizing access to computing power over cost as demand continues to overwhelm supply.

Semiconductors

Intel Corp. (NASDAQ:INTC) launched new Arc G-series processors for Windows handheld gaming PCs.

Automobile & Aerospace

SpaceX, founded by billionaire Elon Musk, has reportedly adjusted its IPO valuation target to at least $1.8 trillion, from a previously estimated $2 trillion valuation.

Artificial Intelligence

OpenAI-Japanese banks are now at the center of a fast-moving geopolitical story. Japanese Finance Minister Satsuki Katayama confirmed that some Japanese financial institutions have received access to OpenAI’s GPT-5.5-Cyber model, specifically to defend against cyberattacks.

Anthropic overtook OpenAI as the world’s most valuable startup after raising $65 billion in Series H, valuing the company at $965 billion.

Tempus AI Inc (NASDAQ:TEM) revealed a significant expansion of new indications for its AI-enabled Next platform.

Photo via Shutterstock 

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