TechCrunch
Alphabet’s record-breaking $85B raise for Google’s AI business is a helluva good signal 3 June 2026 at 20:38

Alphabet’s record-breaking $85B raise for Google’s AI business is a helluva good signal

3 June 2026 at 20:38

If Alphabet's record-breaking, $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.

The Guardian - Technology
As the tech mega-IPO race heats up, has OpenAI missed its moment? 3 June 2026 at 11:38

As the tech mega-IPO race heats up, has OpenAI missed its moment?

The Guardian - Technology

By: Aisha Down

3 June 2026 at 11:38

With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’

A year is a long time in AI. Just 12 months ago, Sam Altman was predicting his company OpenAI would build a super intelligence and fundamentally remake society. Now the boss of the ChatGPT developer is walking back those ideas after failing to make money from ads and erotic chatbots.

Meanwhile, rivals are storming ahead with plans to expand and go public on the stock market, in what is widely expected to be a season of record-setting initial public offerings (IPOs).

The Guardian - Technology
UK media websites given power to block Google using their articles in AI search 3 June 2026 at 09:43

UK media websites given power to block Google using their articles in AI search

The Guardian - Technology

By: Joanna Partridge and Dan Milmo

3 June 2026 at 09:43

Watchdog makes ruling on search summaries after publishers complain about drop in click-through traffic and revenue

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Online publishers and news organisations are now able to block their content from appearing in Google’s AI summaries in UK search results, the British competition watchdog has announced.

The Competition and Markets Authority (CMA) said the new requirement would “put publishers, like news organisations, in a stronger position to negotiate content deals with Google”.

The Guardian - Technology
Google owner Alphabet to sell $80bn in stock to fund AI spending spree 2 June 2026 at 13:33

Google owner Alphabet to sell $80bn in stock to fund AI spending spree

The Guardian - Technology

By: Julia Kollewe and Graeme Wearden

2 June 2026 at 13:33

Markets take note as world’s biggest equity fundraiser bids to garner more money than three biggest-ever IPOs combined

Kenneth Rogoff: will AI create a permanent underclass?

Google’s parent company, Alphabet, has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom.

The move, the largest equity fundraising ever according to analysts, includes a $10bn share sale to the US investment group Berkshire Hathaway, which was led until last year by Warren Buffett.

Alphabet’s shares drop after announcing $80bn share sale, as AI threatens to drive up youth unemployment – as it happened

The Guardian - Technology

By: Graeme Wearden

2 June 2026 at 16:41

Rolling coverage of the latest economic and financial news

Anthropic confidentially files for initial public offering on US stock market

In a landmark moment, gold has overtaken US government bonds as the world’s top reserve asset, according to calculations from the European Central Bank.

The ECB says that gold made up 27% of total official foreign reserves at the end of 2025, ahead of US Treasuries (22% of reserves) and the euro (15%).

Forces of fragmentation are becoming more pronounced. Geopolitical tensions continue to drive strong central bank demand for gold.

In nominal terms, the gold price surged by around 60% and 30% in 2025 and 2024 respectively, which mechanically increases the share of gold in total official foreign reserves.

Correcting for such valuation effects by using the gold price at the end of 2023, the share of the euro (16%) remains at par with the share of gold (16%), while the share of US Treasuries continues to be markedly higher (26%).

The Guardian - Technology
Google announces glasses are back and search is getting an AI makeover 20 May 2026 at 01:03

Google announces glasses are back and search is getting an AI makeover

The Guardian - Technology

By: Blake Montgomery in Mountain View · California

20 May 2026 at 01:03

At annual I/O conference, company debuts a product for everyday consumers to create autonomous AI agents

Google announced on Tuesday that it would expand its search bar, the centerpiece of the most-visited website in the world, with a heavy dose of artificial intelligence. The tech giant is also trying its hand at hi-tech glasses again, more than a decade after wearers of its first eyewear were dubbed “glassholes” and laughed out of San Francisco.

Google executives announced at the company’s annual conference for software developers, Google I/O, that its search box would accommodate longer and more specific queries than before – questions more like those people would ask one another than Search’s idiosyncratic syntax. The changes will direct users to engage directly with Google’s chatbot. The change to search is underpinned by the company’s new artificial intelligence model, Gemini 3.5, announced the same day.

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