Apple reports record Q2 2026 earnings amid AI-driven Mac demand and chip shortages, while Anthropic nears $900B valuation and major security vulnerabilities emerge across the tech industry.

Apple posted record Q2 2026 results with $111.2B revenue and $29.6B profit, driven by iPhone 17 being the company's most popular lineup ever, though Tim Cook warned of Mac mini and Mac Studio shortages lasting several months due to surging AI adoption.

Apple expects significantly higher memory costs in the June quarter and beyond, with RAM supply constraints threatening to increase costs across the business as AI-driven demand continues to surge.

Anthropic is in talks for a potential $900B+ valuation funding round that could close within two weeks, marking a major milestone for the AI safety-focused startup as competition intensifies in the generative AI space.

A critical Linux vulnerability has emerged as the most severe threat in years, catching the cybersecurity world unprepared with widespread exploitation across systems globally.

Hackers are actively exploiting a security bug in cPanel, a platform used by millions of websites, putting widespread web infrastructure at risk.

During the OpenAI trial, Elon Musk seemingly admitted under oath that xAI has used OpenAI's models to train its own systems, arguing this is standard practice across AI labs despite the competitive rivalry.

Legal AI startup Legora reached a $5.6B valuation while intensifying competition with Harvey, signaling the growing market opportunity in AI-powered legal technology.

OpenAI has rolled out Advanced Account Security features for at-risk users to protect ChatGPT and Codex accounts from phishing attacks and unauthorized access.

Meta cut contractors who reported observing Ray-Ban Meta smart glasses users engaging in intimate activities, raising privacy concerns about the always-recording device.

Samsung teased upcoming AI glasses while warning that the global RAM shortage crisis will worsen in 2027, with memory costs expected to continue impacting the industry.