French authorities have launched a criminal investigation into Elon Musk and his platform X (formerly Twitter). The probe focuses on alleged algorithmic manipulation influencing French politics and the platform’s alleged facilitation of Holocaust denial and explicit deepfake content generated by Musk’s AI chatbot, Grok. Musk denies the allegations, calling the investigation a “political attack.” The inquiry extends beyond France, with other international bodies also scrutinizing X and Grok.

Data center operator IREN and Nvidia have formed a strategic partnership to deploy up to 5GW of Nvidia’s AI infrastructure. This collaboration includes a five-year option for Nvidia to purchase up to 30 million IREN shares. IREN also secured a $3.4 billion contract with Nvidia for managed GPU cloud services. This deal signifies IREN’s successful pivot from bitcoin mining to the high-growth AI sector, highlighting the crucial role of data center operators in scaling AI technologies.

OpenAI has launched a limited preview of GPT-5.5-Cyber, a specialized AI model for cybersecurity teams. This version offers enhanced flexibility and permissiveness for tasks like vulnerability identification and malware analysis, removing some safeguards present in the general GPT-5.5 model. This move mirrors competitor Anthropic’s strategy with its Claude Mythos Preview, highlighting the growing importance of AI in national security and drawing attention from U.S. policymakers. Both companies are adopting a controlled release approach for these advanced models.

Cloudflare is significantly reducing its workforce by over 1,100 employees, about 20% of staff, citing AI’s transformative impact on operational needs. This decision follows strong Q1 earnings that beat expectations. The company is shifting to an “agentic AI-first operating model,” reallocating resources to AI-centric roles. Despite positive financial forecasts, the market reacted negatively to the news, with shares dropping.

Despite a temporary market dip, the AI revolution continues to drive stock gains. Experts view the pullback as a healthy recalibration, not a sign of a prolonged downturn. The AI narrative, akin to a “fourth industrial revolution,” is creating a broad economic expansion and job growth across interconnected industries, overshadowing traditional macroeconomic concerns. While short-term volatility is possible, the AI infrastructure buildout provides strong market support, suggesting AI’s dominance in shaping investment and economic activity.

Corning’s investment outlook brightened significantly following CEO Wendell Weeks’ discussion on CNBC about new hyperscale cloud provider agreements. These deals, larger than the previously announced Meta partnership, establish a new baseline of at least $12 billion in strategic partnerships, including one with Nvidia. This risk-sharing model revitalizes American manufacturing and positions Corning for robust future performance, evidenced by its stock surge.

Nvidia CEO Jensen Huang announced a partnership with Corning to boost U.S. manufacturing for AI infrastructure. This collaboration aims to significantly increase domestic optical connectivity capacity, creating over 3,000 jobs and revitalizing critical technology supply chains. Huang emphasized AI’s role as a fundamental global infrastructure pillar and highlighted the opportunity to reshore advanced manufacturing, particularly in optical technologies essential for data center growth. The initiative signifies a strategic move to build a resilient, domestically fortified technological ecosystem for AI innovation.

Airbnb reported mixed first-quarter results, beating revenue expectations with $2.68 billion but slightly missing EPS targets. The company forecasts strong second-quarter revenue and raised its full-year outlook. Geopolitical tensions, particularly the Middle East conflict, are expected to create headwinds. Airbnb highlighted its diverse inventory, AI integration, and successful preparation for major events like the FIFA World Cup as key strengths.

CoreWeave’s stock dropped 10% after releasing cautious revenue guidance and increasing its 2026 capital expenditure forecast. Despite wider losses, revenue surpassed expectations, showing significant year-over-year growth fueled by demand for AI computing. The company anticipates future revenue exceeding $30 billion by 2027, supported by a substantial backlog and strategic partnerships.

Datadog’s stock soared 31% after reporting record revenue and raising annual guidance, underscoring its crucial role in the AI revolution by powering major AI models. This positive momentum boosted Snowflake and MongoDB. Datadog secured two major hyperscale clients for AI training. Meanwhile, Twilio’s stock gained 50% on strong earnings, driven by AI agent enhancements offering “memory” for seamless customer service and increased revenue. Both companies demonstrate the value of AI-native solutions in the evolving tech landscape.