Closing

• Stanford's 2026 AI Index suggests that the opportunity window for AI enterprise startups is closing more rapidly than founders anticipate. • The report identifies a critical gap in the market for practical tools focused on policy, auditing, model inventory, incident response, and workflow control. • A related study by the Stanford Digital Economy Lab using ADP payroll data reveals that employment for software developers aged 22 to 25 dropped nearly 20% through mid-2025 in AI-exposed roles.

At least six new pubs and taphouses have opened in recent months, including the Pig & Swill in Cardiff On a hot Thursday evening in Canton, a buzzy Cardiff neighbourhood, a steady stream of people in sunglasses, shorts and dresses went back and forth between bar and garden at the city’s newest pub, the Pig & Swill.Next door, in Victoria Park, the splash pad was still heaving with families making the most of the tail-end of the May heatwave. Many parents and carers stopped by for takeaway pints and small plates. Continue reading...

• The KOSPI index reached a new all-time closing high on May 29, surpassing its previous record. • This surge was primarily driven by strong institutional buying, signaling positive investor sentiment in the South Korean market. • The milestone reflects a significant recovery or growth phase for the index, marking a historic peak in valuation.

• The S&P 500 and Nasdaq reached record closing highs on Tuesday, driven by strong investor optimism surrounding artificial intelligence. • Micron Technology notably joined the $1 trillion market capitalization club, contributing to the broader tech rally. • Market gains occurred despite geopolitical tensions and anxiety regarding Middle East peace talks and recent U.S. strikes on Iran.

• The S&P 500 and Nasdaq reached record closing highs on Tuesday, diverging from the performance of European markets. • West Texas Intermediate (WTI) crude prices fell, while Brent oil prices spiked, reflecting market volatility. • This shift occurred as investors balanced optimism regarding a potential U.S.-Iran peace deal against the risk of a ceasefire collapse.

• The Indian stock market closed in the red on Thursday, with the Sensex ending 135 points lower and the Nifty 50 slipping below 23,700. • Markets erased morning gains due to expiry day volatility, rising bond yields, and selling by Foreign Institutional Investors (FIIs), impacting stocks like Bajaj Finance (-2%) and IndiGo (+3%). • In a major corporate move, Adani Ports and Special Economic Zone announced the acquisition of a 100% stake in Jaypee Fertilizers & Industries for Rs 1,500 crore.

Jury set to deliberate and return a verdict on whether they believe AI firm and Altman are liable in caseClosing arguments began on Thursday in Elon Musk’s lawsuit against Sam Altman and OpenAI, bringing the weeks-long courtroom battle between the two tech moguls nearer to a decision. A nine person jury is set to deliberate and return a verdict on whether they believe the AI firm and Altman are liable in the case.The trial, which began last month in an Oakland, California federal courthouse, has gripped Silicon Valley and featured some of the tech industry’s biggest names as witnesses. Attorneys for both sides have presented testimony and documents that have exposed Musk and Altman’s private dealings, as well as provided a window into the contentious history of OpenAI. Continue reading...