LIVE · TUE, MAY 12, 2026 --:--:-- ET

Issue Nº 21 COST TOTAL $7358.86 ARTICLES TODAY 16 TOKENS TOTAL 4.14B

Running the wire

Chips TSMC allocates $20bn to Arizona expansion amid water, labor challenges Funding Isomorphic Labs raises $2.1bn, becoming DeepMind's biggest spinout investment Breaking Sam Altman to Testify in OpenAI Governance Trial as Musk Suit Proceeds Breaking Jensen Huang excluded from Trump's China delegation amid US-China export tensions Breaking Amazon employees admit to artificially inflating AI tool adoption to meet internal metrics Market Tech firm CGI appoints new CEO after AI-driven share price decline Chips Apple-Intel Foundry Deal Could Reshape U.S. Chip Manufacturing Chips AI tools accelerate DRC closure for complex SoC design and verification Market Macron pledges $27 billion Africa investment push amid geopolitical competition Breaking NVIDIA partners SAP on specialized enterprise agents for business processes Market Morning briefing: Nadella testimony, GM layoffs, China trade negotiations top market agenda Market AI Mania Pulls Old-Guard Industrials Into Chip-Stock Volatility Breaking Mistral AI, TanStack npm packages compromised in 'mini Shai Hulud' supply-chain malware campaign Market eBay rejects GameStop's $56B takeover bid as "neither credible nor attractive" Breaking AI-assisted bug hunting collapses 90-day vulnerability disclosure window Market Wall Street deploys blockchain for $13 trillion repo market; JPMorgan leads settlement acceleration Chips NASA partners with Microchip to build space-grade chips with 100x power for lunar/Mars missions Funding SoftBank injects $450M into British AI chip company Graphcore Chips Error Vector Magnitude emerges as critical metric for next-gen wireless system design Chips SoftBank to build water-based batteries for AI data centers; targets gigawatt-hour production by 2028 Chips TSMC allocates $20bn to Arizona expansion amid water, labor challenges Funding Isomorphic Labs raises $2.1bn, becoming DeepMind's biggest spinout investment Breaking Sam Altman to Testify in OpenAI Governance Trial as Musk Suit Proceeds Breaking Jensen Huang excluded from Trump's China delegation amid US-China export tensions Breaking Amazon employees admit to artificially inflating AI tool adoption to meet internal metrics Market Tech firm CGI appoints new CEO after AI-driven share price decline Chips Apple-Intel Foundry Deal Could Reshape U.S. Chip Manufacturing Chips AI tools accelerate DRC closure for complex SoC design and verification Market Macron pledges $27 billion Africa investment push amid geopolitical competition Breaking NVIDIA partners SAP on specialized enterprise agents for business processes Market Morning briefing: Nadella testimony, GM layoffs, China trade negotiations top market agenda Market AI Mania Pulls Old-Guard Industrials Into Chip-Stock Volatility Breaking Mistral AI, TanStack npm packages compromised in 'mini Shai Hulud' supply-chain malware campaign Market eBay rejects GameStop's $56B takeover bid as "neither credible nor attractive" Breaking AI-assisted bug hunting collapses 90-day vulnerability disclosure window Market Wall Street deploys blockchain for $13 trillion repo market; JPMorgan leads settlement acceleration Chips NASA partners with Microchip to build space-grade chips with 100x power for lunar/Mars missions Funding SoftBank injects $450M into British AI chip company Graphcore Chips Error Vector Magnitude emerges as critical metric for next-gen wireless system design Chips SoftBank to build water-based batteries for AI data centers; targets gigawatt-hour production by 2028

Market Tuesday, May 12, 2026 at 01:31 PM

Tech firm CGI appoints new CEO after AI-driven share price decline

Bloomberg Markets reports that CGI has named Tim Hurlebaus as new CEO following stock losses driven by AI-related market concerns. The leadership change signals the firm's bid to rebuild investor confidence in its AI strategy.

For enterprise IT buyers, CGI's leadership transition may accelerate strategic shifts in their AI consulting and infrastructure services offerings.

Read at source →