Breaking Tech: May 7 (5 stories)
Thursday, 7 May 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Thu 7th May 2026
DeepSeek, a Chinese AI lab, is poised for a staggering $45 billion valuation following its initial investment round, thanks to its efficient large language model that operates on significantly less compute power than its U.S. counterparts. This development highlights the growing competition in the AI sector and the potential for cost-effective innovations.
In the U.S., the White House is drafting an executive order aimed at enhancing AI security, which would establish a vetting system for new models to mitigate cyber risks. This move underscores the increasing recognition of AI's impact on national security and the need for regulatory frameworks.
AMD's stock surged after a robust forecast driven by AI demand, reflecting the tech industry's optimism about AI's role in future growth. Meanwhile, SpaceX is contemplating a massive investment of up to $119 billion in a semiconductor factory in Texas, signaling a significant commitment to advancing chip technology.
Additionally, Ethos has secured $22.75 million from a16z to expand its expert network, which is rapidly onboarding experts at an impressive rate. This funding indicates a growing interest in platforms that leverage voice technology for expert engagement.
Featured Articles
Key stories and insights from this topic
-
DeepSeek could hit $45B valuation from its first investment round
TechCrunch 6 May 2026, 5:20pmThe Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power and at a fraction of the cost of the big U.S. models like those from OpenAI and Anthropic.
-
White House Prepares Order to Boost AI Security, Hassett Says
Bloomberg Technology 6 May 2026, 1:13pmThe White House is looking into an executive order that would create a vetting system for new artificial intelligence models like Anthropic PBC’s Mythos in a bid to protect business and government networks from AI-related cyber risks, a top economic adviser said Wednesday.
-
AMD Soars on Blockbuster AI-Fueled Forecast | Bloomberg Tech 5/6/2026
Bloomberg Technology 6 May 2026, 8:28pmBloomberg’s Caroline Hyde discusses Advanced Micro Devices' strong forecast that sent shares climbing. Plus, Disney posts stronger than expected results on the back of earnings thanks to improved profitability at its streaming business. And, Uber's CFO talks about the ride-hailing giant’s push into premium offerings as the company posts a second-quarter outlook that beat expectations. (Source: Bloomberg)
-
SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas
TechCrunch 6 May 2026, 5:23pmSpaceX, Elon Musk's space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Texas, according to a filing with Grimes County.
-
Ethos raises $22.75M from a16z for its expert network with voice onboarding
TechCrunch 6 May 2026, 3:00pmEthos says it is onboarding 35,000 experts per week