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May 22, 2026

Trump delays AI order

Trump delays AI order · TensorMax

Plus: Google releases Gemini AI model, Nvidia's data center revenue reaches $14.8 billion
TensorMax
Daily AI Market Intelligence
Friday, May 22, 2026
2:45 PM ET · 2 min read
By the TensorMax editorial team  ·  Drawing from sources across the AI industry

Today's top story

research paper $14.8B

Nvidia's data center networking revenue reaches $14.8 billion, up 199% year over year

More from today

market event

Zero-click searches account for 60% of Google queries, causing publisher traffic to collapse

market event $200B

Nvidia CEO Jensen Huang claims to have found a new $200B market for the company's products, specifically its new Vera CPU

research paper

OpenAI publishes a research paper on a breakthrough in the planar unit distance problem, a central conjecture in discrete geometry

product launch

IBM aims to deliver world's first large-scale, fault-tolerant quantum computer by 2029

platform update

Cloudflare completes its six-layer agent infrastructure stack with the launch of Browser Run, Compute, Orchestration, Memory, Browsing, and Commerce

regulatory action

US President Trump postpones signing of executive order on AI and cybersecurity

Catch up quick

  • SpaceX and Google plan to deploy AI compute satellites into sun-synchronous orbit, starting as early as 2028
  • Stellantis abandons luxury-first strategy to focus on mainstream market
  • Google releases updated Gemini AI model for search
  • Google launches AI-powered search with personalized responses
  • Google pledges $40 billion in US infrastructure investment, including major Texas operations
  • OpenAI and Anthropic are eyeing possible IPOs starting in Q4
  • SpaceX aims to raise $75 billion at a $1.75 trillion valuation in its upcoming IPO
  • OpenAI is expected to pursue an IPO of its own
  • KimWolf botnet taken down after launching DDoS attacks that caused financial losses exceeding $1 million
  • The US Supreme Court is considering the constitutionality of geofence warrants in the Chatrie case, which could impact digital privacy and police use of technology
  • US government to award $2 billion in grants to nine quantum computing firms, including IBM, D-Wave, and Rigetti, and take equity stakes
  • Wingtech Technology sues its subsidiary Nexperia in a Chinese court over the Dutch government's semiconductor seizure, seeking at least $1.1 billion in damages
  • SpaceX reports $4.9bn in losses in 2025 and $4.3bn in the first quarter of 2026
  • MIT's NANDA initiative found 95% of enterprise generative-AI pilots delivered no measurable impact on the P&L, despite $30-40bn in spend
  • Shein to acquire Everlane

Also on the desk

  • Over 1 billion people using Google's AI search monthly
  • SpaceX files for initial public offering, valuing the company at over $2 trillion
  • Google is pursuing space-based ML data centers, with Sundar Pichai endorsing the concept publicly
  • SpaceX IPO triggers satellite industry rally
  • DeepSeek aims to raise $10 billion in funding to pursue Artificial General Intelligence (AGI) goals
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