Anthropic investors expect the AI lab's upcoming IPO, slated for around October, to value the company at least $2 trillion, more than double its current valuation, according to half a dozen investors …
Anthropic investors expect the AI startup to float at a valuation of $2 trillion or more in October, a figure that would eclipse SpaceX and make its debut the largest-ever initial public offering. Hal…
SpaceX (SPCX) shares jumped 9.7% on Wednesday after CEO Elon Musk released the latest Grok AI model and held a companywide meeting reiterating the goal of making humanity multiplanetary. The stock gav…
Elon Musk told SpaceX employees that artificial intelligence revenue could overtake every other part of the business by September, and that AI could account for 99% of SpaceX's value within four or fi…
Elon Musk's SpaceX and Mark Zuckerberg's Meta released AI models this week that close the gap on OpenAI and Anthropic, with Grok 4.6 scoring nearly even with GPT-5.6 Sol Max on the Artificial Analysis…
Elon Musk told SpaceX employees that AI revenue could overtake rockets, spacecraft and Starlink as soon as September, according to Business Insider. In Q2, SpaceX generated $7.81 billion in revenue, w…
Norway's $2.3 trillion sovereign wealth fund posted a record 1.75 trillion Norwegian crowns ($184.3 billion) profit in the first half of 2026, driven by strong equity markets, particularly Asian techn…
Anthropic will stage an IPO in October at a predicted valuation of $2 trillion, making it the largest public offering ever, surpassing SpaceX, according to the Financial Times. Investors told the pape…
Anthropic's backers are positioning for a public valuation of $2 trillion or more, with an October IPO in view, according to the Financial Times. The company raised $65 billion in a Series H round at …
Anthropic signed a 20-year, $9.1 billion compute agreement with Riot Platforms on August 11, converting the former Bitcoin miner's 700 MW Rockdale, Texas campus into AI infrastructure. This is Anthrop…
XAI released Grok 4.6, a 1.5T-parameter model that scores 61 on the Artificial Analysis Intelligence Index, roughly in line with GPT-5.6 Sol Max but behind Claude Opus/Fable, with 88.4% on Terminal-Be…
XAI President Michael Nicolls admitted in an internal memo that the company is clearly behind rivals, with Model FLOPs Utilization at about 11% and a target of 50% in the next few months, according to…
Investor appetite for vibe-coding startups remains strong, with Swedish AI startup Lovable raising $400 million at a $13.3 billion valuation, while Cursor sold to SpaceX for $60 billion in June and Re…
California launched satellites built by Muon Space, launched by SpaceX, and using Google's AI to detect wildfires from space, with CAL FIRE and a global nonprofit coalition involved. Senator Bernie Sa…
SpaceXAI, the name xAI now trades under since its absorption into SpaceX, has shipped Grok 4.6, a post-training update to the same 1.5-trillion-parameter V9 foundation as Grok 4.5, priced at $2 per mi…
Cursor released a native iOS app on June 29, enabling users to launch and control cloud coding agents from their phones, with a Remote Control mode for local machines. The app, available only to paid …
OpenAI, Anthropic, and SpaceX, with a combined valuation projected in the trillions, are heading toward initial public offerings without publishing audited sustainability reports or full Scope 1, 2, a…
OpenAI and Anthropic, the makers of ChatGPT and Claude, face financial headwinds that could lead to their nationalization if markets reject them, according to a Guardian opinion piece. The article arg…
Stocks traded higher on Wednesday after the Consumer Price Index report showed inflation moderated in July, with the Nasdaq Composite leading major indexes as technology stocks gained. Nvidia rose 2% …
Lovable, a Stockholm-based AI startup, raised $400 million in a Series C round at a $13.3 billion post-money valuation, led by Menlo Ventures and the EU-backed Scaleup Europe Fund, with participation …