Tech Trends: May 30 (5 stories)

Here is your Daily summary for Technology across the world for Sat 30th May 2026

Blue Origin faced a significant setback as its New Glenn rocket exploded during a test on a Florida launchpad, raising concerns about its competitive position against SpaceX. This incident underscores the challenges the company faces in its ambitious space endeavors backed by Jeff Bezos.

In a surprising turn in the AI sector, Anthropic's recent funding round has catapulted its valuation to $965 billion, surpassing OpenAI for the first time. This shift highlights the rapidly evolving landscape of AI companies and their financial clout.

Meanwhile, semiconductor stocks are reportedly entering a "mother of all supercycles," according to NewEdge's CIO, suggesting a robust outlook for the industry amid growing demand. Additionally, OpenAI is in discussions with major banks like Citigroup and JPMorgan for its anticipated IPO, signaling its readiness to capitalize on its market position.