At least 75 U.S. AI data center projects worth $130 billion were blocked or delayed in early 2026, with only 33% of Americans supporting rapid construction, according to NBC News and Reuters. Equipmen…
Elon Musk claimed SpaceX could generate $1 trillion in annual revenue by 2030, two days after the company's record-breaking IPO valued it at over $2 trillion. The projection far exceeds underwriter es…
Mirae Asset Securities failed to secure any SpaceX IPO shares for its clients, highlighting Korean brokerages' limited influence in global IPO allocations as AI giants OpenAI and Anthropic prepare for…
AI-driven demand for multilayer ceramic capacitors (MLCCs) has triggered a supply bottleneck, with AI servers requiring up to 28,000 MLCCs per unit—a 13-fold increase from standard servers. The surge,…
Anthropic cannot sell its latest AI model due to new US export controls, but the company may bypass restrictions by packaging the model for enterprise clients and joint ventures rather than selling it…
Jeff Bezos, seven months into leading AI startup Prometheus, has raised $18.2 billion and achieved a $41 billion valuation. The company focuses on developing an 'artificial general engineer' for physi…
A new real-time tracker reveals AI-driven job displacement accelerating worldwide, with computer programmers, customer service reps, and data entry keyers most at risk. Young workers aged 22-25 face a…
Blinkist, a pioneer in audio learning, announced it is abandoning AI narration after two years of testing, concluding that human narrators deliver superior depth and connection. The company's VP of Co…
Former presidential candidate Andrew Yang urged startups to focus on lowering the cost of living as AI compresses wages and eliminates entry-level jobs. Yang cited his own company, Noble Mobile, which…
Andrew Yang says the next big startup opportunity is lowering the cost of living, not building AI, as AI compresses wages and eliminates jobs. His mobile carrier Noble Mobile gives customers money bac…
A coalition of 42 state attorneys general has opened an investigation into OpenAI, with New York Attorney General Letitia James serving a subpoena for documents on advertising, data handling, and mode…
A coalition of 42 state attorneys general has opened an investigation into OpenAI, with New York serving a subpoena demanding records on advertising, user data, minors, and internal policies. The prob…
Jeff Bezos' startup Prometheus has raised $12 billion in new funding, bringing its valuation to $41 billion, as the company works to develop an "artificial general engineer" aimed at accelerating inve…
Goldman Sachs CEO David Solomon told the firm's 2,500 summer interns in a welcome letter Friday that they are entering an "innovation supercycle," citing SpaceX's historic $75 billion IPO and global M…
Prometheus, a Jeff Bezos-backed startup, raised $12 billion in a funding round at a $41 billion valuation, with investors including JPMorgan Chase, Goldman Sachs, and BlackRock. The company, which emp…
Goldman Sachs President John Waldron cited SpaceX’s upcoming IPO as proof of strong investor appetite for artificial intelligence infrastructure, pointing to the company’s $1.75 trillion to $1.8 trill…
Goldman Sachs President John Waldron cited SpaceX's $1.77 trillion IPO as evidence of surging investor demand for AI infrastructure, with the offering expected to raise approximately $74 billion at $1…
Prometheus, the physical-AI startup co-founded by Jeff Bezos and Vik Bajaj, raised $12 billion at a $41 billion valuation in a round that included JPMorgan Chase, Goldman Sachs, BlackRock, DST Global …
Jeff Bezos's physical AI startup Prometheus raised $12 billion at a $41 billion valuation to develop an "artificial general engineer" that automates the design and manufacturing of complex physical sy…
SpaceX will pay its underwriters a gross spread of just 0.75% for the largest initial public offering in history, matching the lowest percentage on record for a conventional U.S. IPO. Despite the reco…