Significant advancements took place in the AI sector, spanning software, hardware, and robotics. Anthropic claimed that Alibaba’s Qwen Lab tried to replicate Claude through an extensive distillation effort, but Alibaba has not yet responded. OpenAI launched its inaugural custom AI chip in collaboration with Broadcom, Qualcomm acquired AI startup Modular, Micron reported robust earnings and outlook, SK Hynix unveiled plans for a $29 billion Nasdaq ADR listing, and Agility Robotics announced intentions to go public via a SPAC merger.
First Published: Jun 25, 2026 9:15 AM IST
