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Nvidia Enters the PC With RTX Spark Superchip as Huang Vows to ‘Reinvent the PC’
At Computex 2026, Nvidia unveiled RTX Spark, a Blackwell-plus-MediaTek superchip built with Microsoft to turn Windows into an agentic AI platform. Pairing GPU and Arm CPU with 128GB of unified memory and 1 petaflop of AI performance, it marks Nvidia’s full push into the consumer PC market.
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May Jobs Report Smashes Estimates With 172,000 Gains, Reviving Fed Rate-Hike Bets
US nonfarm payrolls rose 172,000 in May, more than double the 80,000 economists expected, while unemployment held at 4.3%. The unexpectedly strong labour data pushed bond yields higher and stocks lower as traders raised the odds of a Federal Reserve rate hike later this year.
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Anthropic Files Confidentially for IPO, Targeting Up to $1.8 Trillion Valuation
AI developer Anthropic submitted a confidential draft S-1 to the SEC on June 1, setting up what could be the largest IPO in history. The maker of Claude is targeting a $1.75-$1.8 trillion valuation and a raise of up to $75 billion, with a listing reportedly eyed for October 2026.
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US and Iran Exchange Strikes as Lebanon Ceasefire Frays, Deepening Mideast Crisis
American and Iranian forces traded fire across the Gulf early Saturday, with the US intercepting missiles and drones aimed at the Strait of Hormuz and striking Iranian radar sites. Fighting between Israel and Hezbollah intensified in Lebanon despite a fragile ceasefire, as peace talks remained deadlocked.