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Hard Numbers: Search wars, Lumen lights up, Anduril gets a raise, Public-private partnership
An image of a woman holding a cell phone in front of a Perplexity AI logo displayed on a computer screen.
Artur Widak/NurPhoto via Reuters
500: Lumen Technologies is watching its stock surge thanks to AI. The US telecom company revealed its fiber optics infrastructure is in demand by data centers needed for the AI boom. The company’s stock jumped 500% in the past month, when it was hovering around $1 per share.
14 billion: Palmer Luckey’s defense tech company, Anduril, just raised $1.5 billion in a new funding round, valuing the company at $14 billion. Luckey, best known as the founder of Oculus VR, which he sold to Meta in 2014, started Anduril in 2017 to make drones and other autonomous aircraft, and it is seen as one of the major AI companies challenging the legacy defense contractors.
100,000: The state of California has struck a partnership with Nvidia to train 100,000 students in AI-related skills. The initiative focuses on community colleges and will feature new curriculums, certifications, workshops, and labs to get students ready for careers in AI — including those with the state government.As expected, the Supreme Court struck down the bulk of Donald Trump's sweeping “Liberation Day” tariffs as illegal … and almost nothing changed.
Chris, an Army veteran, started his Walmart journey over 25 years ago as an hourly associate. Today, he manages a Distribution Center and serves as a mentor, helping others navigate their own paths to success. At Walmart, associates have the opportunity to take advantage of the pathways, perks, and pay that come with the job — with or without a college degree. In fact, more than 75% of Walmart management started as hourly associates. Learn more about how over 130,000 associates were promoted into roles of greater responsibility and higher pay in FY25.
Somewhere in the Donbas region, Ukrainian soldier Artem Bondarenko says he hasn’t slept through the night in months as he defends Eastern Ukraine.
In the latest episode of Vladimir Putin and Xi Jinping's hit wellness podcast This Authoritarian Life, we learn how positive communication patterns can break negative cycles in our relationships -- especially our relationships with Iran, Syria, Venezuela, and Cuba. #PUPPETREGIME