Silicon Valley has spent the last few years framing AI as the next major leap for humanity. A shift that could change almost everything. A future where smarter systems are built quickly, progress moves faster than ever, and the people in charge of the race are trusted to lead the way.

But this week, that image cracked in a courtroom.

Elon Musk lost his $150 billion lawsuit against Sam Altman and OpenAI after a federal jury dismissed the case in less than two hours. The court ruled that Musk waited too long to sue, meaning the case ended without deciding whether OpenAI actually abandoned its nonprofit mission.

Still, the trial revealed something much bigger. For weeks, some of the biggest names in AI publicly fought over money, power, and control of the AI race. What once sounded like a mission to “help humanity” now looks increasingly like a battle for influence.

Musk says he will appeal. But even after the verdict, the trial already exposed something bigger than one legal battle. It showed how quickly the AI industry has shifted from idealism to competition, where the people building the future are also fighting to control it.

— Oluwajeminipe, Interim Associate Editor



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📟 Consumer Tech

  • Google I/O 2026 made one thing very clear: Google wants Gemini AI everywhere. From Search and Gmail to shopping, video tools, and smart glasses, almost every product now revolves around AI quietly working in the background. 
  • Apple is offering new Apple Card users a way to earn back the cost of AirPods Pro 3, but there is a catch. Users must buy the earbuds before June 15 and make at least 10 Apple Card purchases every month to unlock the rewards slowly over time.

👾 Artificial Intelligence

  • Salesforce CEO Marc Benioff says the company expects to spend $300 million on Anthropic tokens this year, mostly for coding tasks. The announcement shows just how quickly large companies are pouring money into AI systems.
  • Google’s automatic Antigravity 2.0 update has frustrated developers after important coding tools suddenly disappeared from the platform. Many opened their systems to find their editors replaced with AI chat interfaces instead. 

👨🏾‍💼 Career Mobility

  • Citadel CEO Ken Griffin once dismissed AI as overhyped, but now says the technology has become powerful enough to handle work once reserved for highly skilled finance professionals. 
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🎮 Gaming & Entertainment

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🪙 Crypto & Global Finance

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  • Tether has invested in LemFi as both companies work to make cross-border payments faster and cheaper across Africa and Asia using stablecoins and blockchain technology.
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Techloy Weekly is our flagship newsletter that brings you the most important technology news and insights across the world's largest emerging markets from trusted sources. If you are looking for deeper insights into the technology industry, with data-led startup news and funding deals, engaging charts, and career data, become a Techloy premium member today to access all of our coverage. This week's edition was written and edited by Oluwajeminipe Fasheun-Motesho.
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