SpaceX reported quarterly capital expenditures of $15.8 billion for its xAI unit, which runs the Grok AI service, exceeding analyst expectations of $13.09 billion and nearly doubling from the prior qu…
SpaceX reported a loss of $541 million, or 9 cents per share, in its first quarterly report as a public company, less than half what analysts expected, while revenue jumped to $7.8 billion, up more th…
SpaceX's AI revenue grew more than three times to $2.6 billion in the quarter, surpassing its space segment's $962 million, according to its first earnings since its June IPO. The AI division lost $1.…
SpaceX reported a 92% surge in revenue to $7.8 billion for the April-June quarter, beating analyst expectations of $6.93 billion, in its first earnings release since going public. The company posted a…
SpaceX reported revenues of $7.8 billion versus $6.7 billion expected and adjusted EBITDA of $3.5 billion versus $2 billion expected in its first earnings report as a public company, while narrowing i…
SpaceX reported $7.8 billion in Q2 2026 revenue, a 92% jump from Q1's $4.7 billion, beating analyst estimates of $6.8–6.9 billion, driven by Starlink and its AI segment from the xAI merger. The compan…
SpaceX and Nvidia announced on August 4, 2026, that they are jointly developing the compute payload for the Starmind AI1 satellite, a spacecraft designed to run AI workloads in low Earth orbit using N…
SpaceX reported $7.8 billion in Q2 2026 revenue, beating consensus estimates of $6.8–$6.9 billion, and $3.5 billion in adjusted EBITDA, yet its stock dropped 8%. The company, which began trading on th…
Anthropic has signed a $10 billion deal with AI cloud startup Volta to provide cloud compute over six years, with Bitdeer developing a data center in Norway that will deliver 133 megawatts powered by …
Atherton, California's 94027 ZIP code has become the most expensive in the U.S., with median home prices reaching nearly $10 million in the first half of 2026, a roughly 20% jump from the prior year, …
All-cash home purchases in the San Francisco Bay Area rose to 30% of sales between April and June, up from under 20% in 2021, driven by AI-fueled wealth and limited supply, according to Redfin data. C…
OpenAI's interview process evaluates candidates on their perspective on AI's future and potential risks, not just coding skills, according to a guide from four-leaf.ai. The process is decentralized, w…
Amazon's $53.4 billion second-quarter pretax gain, primarily from its Anthropic investments, was nearly twice its $27.5 billion operating income, while Alphabet's $99.0 billion equity-security gain in…
The U.S. Army Research Laboratory is partnering with defense AI company EdgeRunner AI to develop an onboard AI system that enables military robots to operate autonomously without cloud computing or in…
Free cash flow at the five leading AI companies, including Google, Meta, and Oracle, is projected to plunge to negative $125 billion in 2027, according to data from S&P Global Market Intelligence, as …
Elon Musk, CEO of Tesla and SpaceX, called New York City Mayor Zohran Mamdani a 'thief and a liar' on X, mocking his proposal for city-owned grocery stores and asserting that AI and robots will delive…
AI infrastructure company Runware launched its modular data center, the Sonic Inference Pod, a transportable unit designed to offer lower-cost, higher-quality AI inference with rapid scalability. CEO …
SpaceX is set to release its first quarterly earnings as a public company on August 4, 2026, with analysts projecting Q2 revenue of $6.8–6.9 billion, up from $4.7 billion in Q1, while shares have fall…
Anthropic PBC has signed a $10 billion, six-year deal for computing capacity from Nvidia Corp.-backed cloud startup Volta Infra Holdings Ltd., which will deliver the capacity in partnership with Bitde…
SpaceX reported a first-quarter net loss of $4.3 billion, after losing $4.9 billion in 2025, with capital expenditures of $10.1 billion, including $7.7 billion for AI infrastructure following its acqu…