SpaceX is offering Memphis residents a 50% discount on Starlink internet service amid backlash over its Colossus AI data center's energy use and emissions. The promotion, which includes waived hardwar…
Brian Patrick, founder of Panodime, runs a daily social media series called AI Executive Insanity Series that highlights outlandish statements from AI executives, aiming to educate the public and advo…
Singapore's OCBC Bank launched an AI-enabled 'avatar banking' app with virtual financial advisors Wendy and Wayne, offering round-the-clock wealth management advice. CEO Tan Teck Long said the AI will…
Global billionaire wealth surged 13% in 2025, driven by the AI boom, creating nearly 400 new billionaires and pushing the total to 3,302, according to a UBS study. However, the UK suffered the largest…
AI founders, early employees, and researchers are cashing out billions in equity and spending on analog status symbols like luxury watches, driving a US luxury upswing. High-end mechanical watches fro…
A major backer of OpenAI and Anthropic has aligned with Elon Musk's xAI following its merger with SpaceX, signaling a strategic convergence of AI and aerospace. The partnership aims to advance agentic…
Elon Musk's xAI is preparing to release a 1.5 trillion parameter Grok 4.5 model in July, followed by a 2 trillion parameter model in August. The models are being tested internally at SpaceX and Tesla …
Cursor launched a native iOS app on June 29, allowing developers to supervise AI coding agents from their phone. The app functions as a control panel for agents, not a mobile code editor, enabling use…
SpaceX is acquiring AI coding startup Cursor for $60 billion in an all-stock deal, folding it into the xAI division alongside Grok and the Colossus supercomputer cluster. The acquisition signals that …
SpaceX is offering Memphis-area residents half-price Starlink internet, waiving hardware costs, as xAI expands its Colossus AI data center in the region. The promotion aims to thank the local communit…
Phantom has acquired the team behind Ventuals, a platform for permissionless perpetual futures on private company valuations, to bolster its on-chain trading capabilities. The Ventuals team, led by CE…
Wall Street rallied on Tuesday, with the S&P 500 up 0.7% and the Nasdaq Composite gaining 1.3%, driven by AI-related stocks. SpaceX rose 3.6% ahead of its expected inclusion in the Nasdaq-100, while o…
The Trump administration has reportedly approached SpaceX about donating company stock to Trump Accounts, a new children's savings program, but current Treasury guidelines prohibit stock donations. Ov…
Rocket Lab CEO Peter Beck announced the $8 billion acquisition of Iridium Communications to challenge SpaceX's dominance in the satellite communications market, particularly in direct-to-mobile servic…
Global stocks surged $7 trillion in the first half of 2026 despite a $9 trillion drop in March caused by the Iran war, as an AI boom drove markets higher. South Korea's stock market doubled, SpaceX so…
Startup exits valued at $1 billion or more have reached their highest level since 2021, with 13 such liquidity events in Q2 2026, driven partly by SpaceX's IPO. Meanwhile, AI labs like Anthropic and O…
Experts argue that orbital data centers, such as those proposed by Elon Musk's SpaceX and Starcloud, are not viable due to immense engineering challenges, including cooling and mass constraints. A vid…
Technology stocks are on pace for their best first half since 2023, rallying 28% year to date, driven by AI infrastructure investments despite underperformance from the 'Magnificent Seven' megacap sto…
SpaceX's record-breaking $86 billion IPO left Mirae Asset Securities Co., a South Korean brokerage, with zero stock allocation due to a misunderstanding over order submission. Mirae treated an early i…
A developer tested HyDE (Hypothetical Document Embeddings) against standard retrieval on three query types and found it improved conceptual searches but failed on internal company policy and exact pro…