Advos

Amazon founder Jeff Bezos cautions that space-based data centers face significant economic hurdles from high AI chip costs and launch expenses, delaying widespread adoption despite growing interest.

FG Merger II Corp. disclosed that approximately $68.8 million was redeemed from its trust account, leaving $14 million, as shareholders prepare to vote on the business combination with modular homebuilder BOXABL.

SPARC AI successfully completed a 43-kilometer long-range target acquisition test over open water, demonstrating its GPS-denied navigation platform's potential for maritime security applications.

SPARC AI Inc. has engaged ICP Securities Inc. to provide automated market-making services starting June 9, aiming to improve trading liquidity for its shares on the CSE.

Nocera, Inc. and Digital Innovations Group have formed Digital Innovations Venture Group to fund and accelerate emerging technology companies, marking a key step in Nocera's transformation into a diversified technology holding company.

Uranium Energy Corp. has commenced production at its Burke Hollow project in South Texas, marking the largest greenfield ISR uranium project to enter production in the U.S. in over a decade, while reporting a debt-free balance sheet with $794 million in liquid assets.

Redwood AI Corp. is highlighted in an editorial examining the growing integration of artificial intelligence, operational intelligence infrastructure, and post-quantum cybersecurity, with implications for government, defense, and enterprise sectors.

T-ROC Global introduces Retail Matchmaking, a service guiding brands from first purchase order to sustained in-store success with major retailers.

Trilogy Metals has commenced its fully funded 2026 summer exploration program at the Upper Kobuk Mineral Projects in Alaska, aiming to advance the high-grade Arctic copper-zinc-lead-gold-silver project toward a construction decision.

MAX Power Mining highlights its pioneering role in Canada's first confirmed subsurface natural hydrogen system at the Global Energy Show, advancing commercial evaluation and preparing a multi-well drilling program.

Greenland Energy Company (NASDAQ: GLND) provided a midyear update on its East Greenland exploration program, including a $70 million public offering, a drilling agreement with Stampede Drilling, and a partnership with Halliburton, targeting first drilling in October 2026.

BOXABL introduces a conceptual foldable habitat system for off-world settlements, offering royalty-free IP to spur innovation while keeping focus on Earth housing.

FingerMotion Inc. has signed a nonbinding MOU with BlueFlare Energy Solutions to build a distributed network of micro-scale edge AI inference compute sites in Alberta, British Columbia, and Saskatchewan, leveraging natural gas power and load-balancing technology.

MindBio Therapeutics has completed and delivered its first prototypes of Edge AI Intoxication Detection Kiosks, which use AI-powered voice analysis to detect intoxication and fatigue, targeting workplace safety in high-risk industries.

Bank of Japan Governor Kazuo Ueda stated that surging crude oil prices due to Middle East tensions pose increasing upside risks to inflation, potentially spreading beyond energy, and the central bank remains ready to raise interest rates if needed.

Lahontan Gold Corp. announced the discovery of the Slab West gold zone and significant intercepts at the Calvada pit, bolstering the Santa Fe Mine Project's resource potential as it advances towards permitting and a targeted 2027 construction timeline.

American Fusion Inc. nears delivery of its 5MW pre-production fusion engine, with testing completion targeted by August 2026, marking a step toward commercial fusion energy.

Canamera Energy Metals Corp. announces a new rare earth target, Linda, at its Turvolândia project, expanding the exploration corridor to three targets with significant mineralization.

Aptevo Therapeutics and Niowave have formed a 50/50 collaboration to develop up to three radiopharmaceutical oncology programs, combining Aptevo's tumor-targeting platforms with Niowave's radioisotope production capabilities.

Microsoft’s AI leader praises the Vatican’s new ethical framework for artificial intelligence, highlighting the Catholic Church’s growing role in guiding responsible AI development.

BYD reaffirms commitment to its Blade battery technology while casting doubt on the commercial readiness of solid-state batteries, highlighting a gap between lab promise and real-world application.