Breaking Tech: May 12 (5 stories)

Here is your Daily summary for Technology across the world for Tue 12th May 2026

Microsoft is aiming for a staggering $92 billion return on its early investments in OpenAI, highlighting the tech giant's pivotal role in shaping the AI landscape. This ambitious target underscores the financial stakes involved in AI development and its potential to transform industries. Meanwhile, OpenAI co-founder Ilya Sutskever revealed that his stake in the company is valued at around $7 billion, positioning him as a significant player in the AI sector.

In South Korea, major manufacturers like Samsung, Hyundai, and LG are backing Config, a startup poised to become the "TSMC of robot data," indicating a strong commitment to advancing robotics infrastructure. Additionally, European defense tech firm Helsing, supported by Spotify's Daniel Ek, is on track to raise $1.2 billion at an $18 billion valuation, reflecting growing investor interest in military technology. Lastly, Angi has announced a strategic pivot towards AI, joining a trend among companies seeking to leverage artificial intelligence for enhanced market positioning.