May 2026

AI boom pushes Samsung to $1T

May 6, 2026
Samsung crossed the $1 trillion valuation mark after shares surged on AI-driven chip demand, making it only the second Asian company after TSMC to hit the milestone.

The Download: seafloor science and military chatbots

May 6, 2026
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Inexpensive seafloor-hopping submersibles could stoke deep-sea science—and mining Last week, two oblong neon submersibles started to descend nearly 6,000 meters into the Pacific Ocean. Throughout the rest of May, they will…

Peter Sarlin’s QuTwo reaches $380M valuation in angel round

May 6, 2026
QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.