IBM and Red Hat Commit $5 Billion for Open Source Solutions
IBM and Red Hat announced Project Lightwell, a $5 billion commitment backed by new frontier AI capabilities to help enterprises secure open source software.

IBM and Red Hat announced Project Lightwell, a $5 billion commitment backed by new frontier AI capabilities to help enterprises secure open source software.
The European Commission presented the European Technological Sovereignty Package.
The EU is pressing for deeper talks with the US administration over advanced AI models.
Anthropic confidentially submitted paperwork for its proposed initial public listing ahead of rival OpenAI.
The US Space Force (USSF) granted SpaceX a $4.1 billion contract to build a constellation of satellites capable of detecting and tracking airborne threats.
SoftBank Group announced it would invest from €45 billion up to €75 billion to bolster AI data center infrastructure in France.
Meta Platforms acknowledged that its controversial employee surveillance program captures data from workers outside the US.
Europe's startup and scaleup ecosystem has been growing steadily, according to the first European Startup and Scaleup Scoreboard (ESSS) published by the European Commission.
A Blue Origin New Glenn rocket exploded during a test, potentially dealing a blow to AST SpaceMobile and its launch schedule.
The European Commission issued a fine of €200 million to Temu under the Digital Services Act (DSA).
Telefonica Tech and Google Cloud will together deliver a product intended to meet the needs of Spanish public bodies and companies in highly regulated sectors.
Deutsche Telekom added 81 mobile sites and upgraded capacity at 548 existing locations in Germany.
Meta Platforms is ready to test paid plans for its AI services and expand the availability of subscriptions for WhatsApp, Instagram, and Facebook.
European Commission EVP Henna Virkkunen unveiled a proposal to allocate the 2GHz spectrum band for mobile satellite services.
Eutelsat has signed a multi-year deal for in-flight entertainment and connectivity with specialist provider Anuvu.
The EU made limited progress in securing access to details of vulnerabilities that Anthropic’s Mythos AI model could reveal.
Xiaomi confirmed a 19% year-on-year drop in smartphone shipments in the first quarter of 2026.
NVIDIA reported a record revenue for the first quarter of fiscal year 2027 that ended April 26, 2026, of $81.6 billion.
In recent years, Moore's Law, which has guided the semiconductor industry for more than five decades, has faced severe physical limits and diminishing economic returns.
Google and financial company Blackstone signed a joint venture agreement to create a US-based AI cloud company.