Tech Trends: Jun 11 (5 stories)

Here is your Daily summary for Technology across the world for Thu 11th June 2026

Apollo Global Management and Blackstone have completed a substantial $35 billion financing deal for Anthropic, aimed at bolstering its AI infrastructure. This move underscores the escalating competition in the AI sector, highlighting the importance of robust funding for technological advancements.

In the gaming industry, Xbox is set to implement significant layoffs under new CEO Asha Sharma, signaling a major transformation within the company. This restructuring reflects broader trends in the tech sector as companies adapt to changing market dynamics.

Meanwhile, Oracle reported strong earnings, positioning itself as a key player in the AI infrastructure landscape. However, its increased data center spending has raised concerns about profitability, suggesting a complex balance between growth and operational costs. Additionally, new research warns of the implications of AI in warfare, as the U.S. government increasingly integrates this technology into military strategies.