Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge 
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Google has launched a premium $249.99/month “AI Ultra Plan” alongside a series of AI-driven product updates during its 2025 I/O conference in Mountain View, California. Aimed at advanced users, the subscription includes access to its most powerful Gemini model, 30TB of cloud storage, ad-free YouTube, and early access to tools like Project Mariner, which automates web browsing, and Deep Think, designed for complex reasoning tasks.
Google also rolled out “AI Mode” for Search in the U.S., enabling users to receive generative answers to advanced queries. This AI-powered transformation reflects Google’s push to remain competitive amid rising pressure from OpenAI and Anthropic, which also offer high-tier subscriptions around $200 monthly.
CEO Sundar Pichai said Alphabet’s mission is to make AI personal, helpful, and affordable, noting Gemini now has over 400 million monthly users. He emphasized AI won’t replace traditional search but will expand its use cases significantly. Google’s capital expenditures are expected to reach $75 billion in 2025, largely fueled by AI investments.
Smart glasses made a comeback as Google demoed translation capabilities and contextual AI assistance via glasses powered by Android XR. Google plans to release an XR headset co-developed with Samsung later this year and is partnering with Warby Parker and Gentle Monster on AR frames.
The announcements come as Alphabet grapples with potential erosion of its search dominance, exacerbated by declining Safari search activity and antitrust challenges. Still, executives highlighted how AI-driven search could unlock new ad revenue opportunities.
Additionally, Google introduced Veo 3, a new AI model that generates lifelike video and audio, signaling the company’s deepening commitment to creators and immersive content tools in the age of generative AI.
