PitchBook's Q2 2026 U.S. VC Valuations report shows that 87.5% of U.S. venture dollars in the first half of 2026 went to AI megadeals, with AI companies seeing median valuation step-ups of 2.2x versus…
Elon Musk told SpaceX employees at a company all-hands meeting that SpaceX will train its Grok AI on the sum total of all SpaceX information, including employee data, saying 'it will be trained on you…
Nvidia is partnering with Wall Street on a $500 billion AI financing package, according to analyst Jay Goldberg of Seaport Global Securities, who discussed the deal on the Prof G Show. The episode als…
Founder-led companies significantly outperform the market, according to data discussed by Kenny Polcari, Jared Blikre, and Michael Monaghan on Yahoo Finance. The panel highlighted overlooked opportuni…
Anthropic, the artificial intelligence company valued at about $965 billion, is targeting a stock market debut in September or early October, according to The Wall Street Journal, in what could rival …
Elon Musk told SpaceX employees that artificial intelligence revenue will surpass rockets and Starlink combined, projecting $300 billion to $500 billion in annual revenue if the company brings 10 giga…
Elon Musk told SpaceX employees that AI revenue could exceed the company's other revenue lines as early as September and reach $300 billion to $500 billion annually if 10 GW of AI compute is online by…
Elon Musk told SpaceX employees in an all-hands meeting that AI revenue will exceed all other SpaceX revenue by September, and will significantly exceed it in the fourth quarter. Musk said SpaceX will…
Cognition AI Inc. is in early talks with investors for a new funding round that could boost its valuation by more than 50% to at least $40 billion, according to people familiar with the matter. The co…
Amazon is building a 7.65-gigawatt gas-burning power plant in Pecos County, Texas, to power a data center, which would emit 33 million tons of CO2 annually, making it the largest single pollution sour…
Grok Bot, an agentic assistant from the team behind Cursor, is available exclusively through the Cursor Ultra plan at $200 per month, with a 7-day free trial that requires a credit card upfront and is…
SpaceX, in an employee address posted on X on August 11th, framed making life multiplanetary and understanding the universe as its next challenge, integrating its AI ventures like xAI and Grok into it…
SpaceX and Tesla announced plans for a joint semiconductor factory in Grimes County, Texas, spanning over 100 million square feet, with an initial investment of $16.8 billion and potential full buildo…
Nvidia's stock surged more than 10% in the week ending August 8, 2026, easing market fears about AI infrastructure spending, according to analysts. The rally followed SpaceX's announcement of plans to…
SpaceX and Tesla Inc. announced plans to build Terafab, a 100-million-square-foot semiconductor facility in Grimes County, Texas, with an initial $16.8 billion investment that could reach $119 billion…
Argus Research upgraded SpaceX (NASDAQ: SPCX) to a Buy from Hold with a $160 price target, citing the company's heavy AI infrastructure investments as a key driver. SpaceX spent nearly $16 billion in …
Elon Musk said during SpaceX calls in 2026 that global memory supply is growing at roughly 20% per year while AI demand expands at 200% or more annually, making memory the biggest bottleneck for AI. T…
Tesla unveiled its first Cybercab with Starlink integration on Monday, embedding satellite internet equipment directly into the roofline of its autonomous two-seat robotaxi. CEO Elon Musk said the fea…
Vietnamese aerospace company VinSpace has signed a contract with Elon Musk's SpaceX to launch its first satellites aboard a SpaceX Transporter rideshare mission in 2027, as Vietnam moves to develop it…
Anthropic, the Silicon Valley AI company valued at $965 billion, is meeting with potential investors ahead of a planned IPO in September or early October that could rival SpaceX's record-breaking debu…