Wall Street hangs around its records as the AI boom keeps growing

• Global stock markets rallied driven by optimism surrounding artificial intelligence, specifically following an IPO filing by AI firm Anthropic. • Conversely, oil prices and bond yields declined due to instability in US-Iran talks and ongoing geopolitical uncertainty in the Middle East.

• Asia Tech x Enterprise (ATxE) 2026 convened over 700 exhibitors and 450 speakers to highlight Southeast Asia's shift from AI experimentation to full-scale enterprise deployment. • The event featured a diverse range of sectors, including cloud computing, cybersecurity, satellite technology, and digital infrastructure, with participation from global giants like Microsoft and TikTok.

• Stock markets remained rangebound as investors weighed uncertainty regarding Iran talks and a series of artificial intelligence developments. • Alphabet's Class A shares fell 2.2% following the announcement of a massive investment program, which includes $10 billion in backing from Berkshire Hathaway under CEO Greg Abel.

• Global stock markets rallied on Monday driven by optimism surrounding artificial intelligence developments, despite ongoing geopolitical tensions regarding Iran. • AI firm Anthropic has confidentially filed for a U.S. initial public offering, positioning itself to enter public markets ahead of its primary competitor, OpenAI.

• Asian stocks opened with cautious trading on Tuesday, June 2, as markets balanced conflicting global sentiments. • Renewed optimism surrounding Artificial Intelligence (AI) provided a boost to shares, but this was offset by ongoing anxiety regarding the Middle East conflict and ceasefire uncertainty.

• ChronoScale Corporation shares surged over 15% on Tuesday, driven by investor optimism regarding the company's focus on AI compute infrastructure. • The stock rally follows a strategic spin-off and recent leadership changes designed to position the company for growth in the specialized AI sector.

• Europe's technology spending is projected to reach $1.3 trillion as the growth of artificial intelligence accelerates across the continent. • The "Tech Nation Report 2026: The Next Wave of UK AI" will be officially launched on the Main Stage of London Tech Week on Monday, June 8.

• VivaTech 2026 will serve as a primary showcase for Europe's distinct strategic approach to the global artificial intelligence race. • Unlike the U.S. and China, which prioritize consumer platforms and foundation models, European firms are focusing on integrating AI into heavily regulated industrial sectors.

• Eindhoven-based startup Invisix has successfully raised €20 million in an oversubscribed Seed funding round. • The company aims to commercialize soft x-ray technology originally developed by ASML to help chipmakers measure complex semiconductor structures.

• SoftBank is investing billions of dollars to construct multiple AI data centers in France, targeting a total capacity of up to five gigawatts. • The initiative leverages France's existing technology ecosystem, accelerated government approval processes, and strategic access to the European electricity grid.

• SoftBank has announced a massive investment plan of €75 billion ($87 billion) to develop AI infrastructure in France. • The initiative aims to build 5 GW of AI data center capacity, representing Japan's largest artificial intelligence investment to date.