United States Technology

OpenAI has unveiled its first custom-designed AI chip, called Jalapeño, developed in partnership with Broadcom (NASDAQ:AVGO).

Alibaba Group Holding (NYSE:BABA) has filed a federal lawsuit in San Jose, California, against the U.S. Department of Defense, challenging its designation on a list of companies alleged to have ties to China’s military.

InMode (NASDAQ:INMD) said its board received an unsolicited proposal on June 17, 2026 from M.N. Business Strategy to acquire all outstanding ordinary shares it does not already own for $16.20 per share in cash.

EXL Service Holdings (NASDAQ:EXLS) signed a definitive agreement to acquire iMerit, a company specializing in AI model training, evaluation, and reinforcement learning services, in a transaction valued at up to $310 million.

Qualcomm Incorporated (NASDAQ:QCOM) has reached an agreement to acquire Modular, strengthening Qualcomm Technologies’ software foundation for generative and agentic AI across data center and edge environments.

Gaxos (NASDAQ:GXAI) completed the sale of its gaming assets, including mobile games and Gaxos Gaming Labs, to privately held Game Foundry AI in an all-stock transaction valued at approximately $1.76 million.

PodcastOne (NASDAQ:PODC) reported record fiscal 2026 revenue of $61.7 million, an increase of 18% from the prior year.

Teledyne Technologies Incorporated (NYSE:TDY) announced that its Teledyne FLIR Defense unit has received a $28.8 million contract from U.S. Customs and Border Protection to support the Enhanced Mobile Surveillance Capability–Lite program.

Bowman (NASDAQ:BWMN) secured $11.2 million in new USDA aerial acquisition awards under the PINE Blanket Purchase Agreement.

Gilat Satellite Networks (NASDAQ:GILT) received a multi-million dollar order from a European Ministry of Defense for custom satellite communications terminals, with deliveries expected over the next 12 months.

Rockstar Games, a publishing label of Take-Two Interactive Software (NASDAQ:TTWO), will begin pre-orders for Grand Theft Auto VI on June 25, 2026 at midnight local time.

Advanced Sterilization Products (ASP), part of Fortive (NYSE:FTV), has acquired a majority share of UV Smart, a leader in High Level Disinfection technology in Europe.