Anthropic reportedly agrees to a $35 billion cloud deal with Lambda to secure more data center capacity in Texas, underscoring how aggressively major AI companies are racing to lock in computing power. The reported agreement would give Anthropic additional infrastructure to train and run its models at a time when access to high-end capacity remains a core competitive constraint.

Apple completes its chief executive transition, with John Ternus taking over as CEO and Tim Cook moving into the executive chairman role. The company also discloses target compensation for both men for fiscal 2027, formalizing a major leadership shift at one of the world’s most influential technology companies.

OpenAI is fighting Apple’s trade-secret lawsuit by arguing that the claims against former Apple employees who joined OpenAI do not hold up. In court filings, OpenAI says Apple’s own offboarding and security practices undercut its allegations, turning the dispute into a broader test of how tech companies police employee departures and sensitive information.

Polymarket is reportedly raising about $1 billion in a new funding round led by 1789 Capital, a firm linked to Donald Trump Jr. The financing would value the prediction-markets platform at roughly $21 billion post-money, highlighting investor appetite for fast-growing online markets tied to politics, news, and public events.

Sonos unveils a new round of products with the Beam Ultra soundbar, Ace Ultra headphones, and a major software release called Sonos 27. The launch shows the company pushing both hardware and platform updates together as it tries to strengthen its home audio and personal listening ecosystem.

Gemtek and Dixon expand their strategic partnership to grow optical connectivity manufacturing in India. The collaboration combines Gemtek’s photonic integration capabilities with Dixon’s local production base, reflecting broader efforts to build out advanced electronics supply chains and communications hardware capacity inside India.