Latest in Tech: May 22 (5 stories)
Friday, 22 May 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Fri 22nd May 2026
SpaceX is positioning itself to capture a significant share of the burgeoning $26.5 trillion AI market, challenging established players like OpenAI and Alphabet. This ambitious strategy is part of its pitch for a historic IPO, highlighting the competitive landscape of AI technology. Meanwhile, Zoom's recent sales forecast exceeded expectations, indicating a successful adoption of its expanded product offerings, which could enhance its market position.
In defense, the Pentagon is actively testing various AI models to identify alternatives to Anthropic's Claude, reflecting a strategic push to innovate within military applications. Additionally, Wayve's self-driving technology is set to be integrated into Stellantis vehicles by 2028, marking a significant step in autonomous driving advancements. As these developments unfold, industry leaders like Nvidia are advised to remain vigilant, as the convergence of AI and space technology presents both opportunities and challenges.
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SpaceX Challenges AI Rivals For Control of $26.5 Trillion AI Market
Bloomberg Technology 21 May 2026, 7:12pmElon Musk’s rocket, satellite and AI company is effectively basing its pitch for the biggest IPO in history on the idea that it can capture a huge share of the market from the likes of OpenAI, Anthropic PBC and Alphabet Inc.’s AI systems: technology that will eventually automate large swaths of white-collar and administrative work, creating a massive market for software that can perform digital tasks traditionally handled by humans. Nancy Tengler, Laffer Tengler Investments joins Bloomberg Businessweek Daily to discuss the flurry of IPO's. (Source: Bloomberg)
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Zoom Sales Forecast Tops Estimates After Product Expansion
Bloomberg Technology 21 May 2026, 8:32pmZoom Communications Inc. projected stronger-than-anticipated sales growth, suggesting that customers are adopting its expanded suite of office products.
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Pentagon Tests Rival AI Models in Race to Replace Anthropic
Bloomberg Technology 21 May 2026, 5:38pmThe Pentagon is testing artificial intelligence models to see which are most favored by 25 of the department’s “power users,” as the US military races to find alternatives to Anthropic PBC’s Claude, according to a senior defense official.
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Wayve’s self-driving tech is headed to US cars made by Stellantis
TechCrunch 21 May 2026, 1:46pmWayve's self-driving tech will show up in Stellantis vehicles in 2028.
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Nvidia's Competitors Should Be Scared, Ross Gerber Warns
Bloomberg Technology 21 May 2026, 7:55pmGerber Kawasaki Wealth and Investment Management co-founder and CEO Ross Gerber sees a really exciting time for tech as space and AI converge. He speaks on "Bloomberg The Close." (Source: Bloomberg)