Microsoft shares have gained more than 50% since a June low, adding about $1.5 trillion in market value, and are heading for a first record close since October 2025. SAP, hit by the same fears of AI disruption, has not recovered.
Pluto Security has launched publicly with $42 million in funding. It focuses on securing workplaces where AI tools let employees build apps, automate processes and create agents, which raises new questions about data access and control.
Nvidia has taken a minority stake in Doctolib, the French medical booking platform that already builds AI tools. No amount was disclosed.
Satlyt has raised $8 million to run AI workloads on satellites. It wants to be the Android of orbital computing, with open software for many operators' satellites, in contrast with SpaceX's closed, all-in-one approach.
Jensen Huang says Nvidia will announce $2 billion of European investments within a week, on top of $8 billion over the past year, and named four French startups while in Paris. Nvidia committed more than $40 billion to AI equity in the first four months of this year.
China is an important market for Nvidia's AI chips, but restrictions imposed by Washington have pushed its position there down in 2026. Huawei is taking the ground Nvidia is giving up.