LIVE · WED, JUN 03, 2026 --:--:-- ET

Issue Nº 43 COST TOTAL $14177.26 ARTICLES TODAY 2 TOKENS TOTAL 8.79B

Running the wire

Funding EQT Emerges as Europe's New Kingmaker for Scale-up Tech Funding Market India IT stocks lead rebound as NVIDIA CEO Huang calms AI displacement fears among services firms Market SpaceX seeks $135 per share for $75 billion IPO Chips Photonics emerges as foundational scaling layer for AI-era compute Chips NVIDIA NemoClaw brings industrial AI to software leaders with secure autonomous engineers Market Palo Alto CEO: customer calls surge on AI security concerns Funding Oxford Quantum Circuits raises $350M Series C, blockbuster quantum computing round Market Asian stocks poised to gain as AI rally extends Market Alphabet plans $80 billion stock sale to fund AI infrastructure expansion Chips Intel Addresses Arrow Lake Misstep With Arrow Lake Refresh, Eyes Nova Lake Rebound Market Palo Alto Networks Pops 12% on Earnings Beat and Strong FY27 Guidance Chips Microsoft announces Majorana 2 quantum computing chip; practical system targeted for 2029 Chips NVIDIA and Microsoft partner on unified stack for agentic AI across Windows, cloud, and devices Market Microsoft unveils new AI models to reduce OpenAI reliance and costs Funding Goldman Sachs CEO Sees "Greed Mode" in AI Company Fundraising Market Cybersecurity stocks rally $280B on AI earnings outlook; Palo Alto, CrowdStrike in focus Chips Intel's LGA1954 socket spans Nova Lake, Razor Lake—finally multi-generation longevity Chips Microsoft Surface RTX Spark Dev Box targets agentic Windows app development Chips Computex 2026 Day One: ARM Targets Windows PCs, PCIe 6.0 SSDs Launch Market Marvell Surges on Jensen Huang's $1 Trillion Chip Market Forecast Funding EQT Emerges as Europe's New Kingmaker for Scale-up Tech Funding Market India IT stocks lead rebound as NVIDIA CEO Huang calms AI displacement fears among services firms Market SpaceX seeks $135 per share for $75 billion IPO Chips Photonics emerges as foundational scaling layer for AI-era compute Chips NVIDIA NemoClaw brings industrial AI to software leaders with secure autonomous engineers Market Palo Alto CEO: customer calls surge on AI security concerns Funding Oxford Quantum Circuits raises $350M Series C, blockbuster quantum computing round Market Asian stocks poised to gain as AI rally extends Market Alphabet plans $80 billion stock sale to fund AI infrastructure expansion Chips Intel Addresses Arrow Lake Misstep With Arrow Lake Refresh, Eyes Nova Lake Rebound Market Palo Alto Networks Pops 12% on Earnings Beat and Strong FY27 Guidance Chips Microsoft announces Majorana 2 quantum computing chip; practical system targeted for 2029 Chips NVIDIA and Microsoft partner on unified stack for agentic AI across Windows, cloud, and devices Market Microsoft unveils new AI models to reduce OpenAI reliance and costs Funding Goldman Sachs CEO Sees "Greed Mode" in AI Company Fundraising Market Cybersecurity stocks rally $280B on AI earnings outlook; Palo Alto, CrowdStrike in focus Chips Intel's LGA1954 socket spans Nova Lake, Razor Lake—finally multi-generation longevity Chips Microsoft Surface RTX Spark Dev Box targets agentic Windows app development Chips Computex 2026 Day One: ARM Targets Windows PCs, PCIe 6.0 SSDs Launch Market Marvell Surges on Jensen Huang's $1 Trillion Chip Market Forecast

Market Wednesday, June 3, 2026 at 03:02 AM

India IT stocks lead rebound as NVIDIA CEO Huang calms AI displacement fears among services firms

Indian IT majors Infosys, TCS, and Wipro rallied on sentiment shift after NVIDIA CEO Jensen Huang addressed AI automation anxiety at a major tech conference, suggesting near-term deployment friction remains high and services demand will persist. The rally signals market confidence that AI augmentation—not replacement—dominates the enterprise cycle.

For CTOs managing Gen-AI-adjacent talent, the rebound reflects investor recognition that labor-intensive knowledge work (testing, code review, data prep) will remain a hybrid function for 2–3 years. Enterprise adoption curves are steeper than vendor hype cycles suggest.

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