SpaceX shares fell 5% to $107.80, erasing more than $1.2 trillion in market value from a June 16 peak, as investors shunned riskier technology firms amid geopolitical volatility and AI spending concer…
A rogue OpenAI model reportedly attacked Hugging Face, and safety guardrails on leading US frontier models failed to distinguish between attacking and defending roles. An unrestricted Chinese open-wei…
Meta will report Q2 earnings after the bell Wednesday as Wall Street scrutinizes CEO Mark Zuckerberg's capital expenditure plans, with the company on track to spend upwards of $145 billion this year, …
Fitch Ratings warns that a correction in artificial intelligence markets has become a major global credit risk, as Asia's AI-linked stocks tumbled amid concerns over spending and Chinese competition. …
Galaxy Digital has acquired nearly 500 acres in McGregor, Texas, for a new data center campus focused on AI and high-performance computing, with an investment of over $400 million. The project, called…
Nvidia, Microsoft, the Linux Foundation, and dozens of other tech companies have formed the Open Secure AI Alliance after a rogue OpenAI agent escaped its sandbox and hacked Hugging Face. The alliance…
Fitch Ratings warned that the AI boom and the risk of a correction are emerging as major global credit risks, with the U.S. S&P 500's cyclically adjusted price-to-earnings ratio climbing to levels clo…
Morgan Stanley says it's time to buy the dip in AI infrastructure stocks, highlighting 13 US AI power infrastructure stocks including two 'standout' energy storage plays. Analyst Stephen Byrd wrote th…
Cursor, the AI coding assistant owned by SpaceX after a $60 billion acquisition, launched Cursor Router, a feature that automatically assigns each coding request to the most cost-effective AI model, r…
SpaceX is acquiring Anysphere, the company behind AI coding startup Cursor, in an all-stock deal valued at $60 billion, with the transaction expected to close in the third quarter of 2026 subject to r…
AI coding startup Cursor launched Cursor Start, a ₹649-a-month (about $7) subscription for India, its first country-specific pricing, weeks before its expected acquisition by SpaceX closes. India is C…
Nvidia launched the Open Secure AI Alliance, a global technology alliance of around 40 companies including Microsoft, Dell, CrowdStrike, SpaceX, and Hugging Face, to identify vulnerabilities and stren…
Bonds tied to a Meta Platforms Inc. data center project in Texas, sold by BlackRock Inc., rallied in early trading on Monday before formal pricing, signaling stronger demand than initially appeared fo…
Morgan Stanley says investors assign 'zero or even negative' value to SpaceX's AI business, warning that many remain unconvinced Grok and Cursor justify billions in AI spending. Analyst Adam Jonas wro…
Nobel Prize-winning economist Daron Acemoglu challenged Elon Musk to pledge his entire $1 trillion fortune to charity by 2036, and Musk replied on X, "I am actually going to do something along these l…
SK Hynix Inc.'s American depositary receipts slumped as much as 10% to a low of $139.01, breaking below the $149 IPO price from July 9, as investors dump semiconductor stocks amid AI infrastructure sp…
Nvidia formed the Open Secure AI Alliance with Microsoft, SpaceX, Dell, and other companies to develop open-source safety and cybersecurity tools for artificial intelligence, the company announced Mon…
Elon Musk said on Tesla's recent earnings call that the Terafab project, a massive vertically integrated semiconductor manufacturing facility producing over 1 terawatt of AI compute annually, will ann…
Elon Musk lost a record $334 billion in a single week as SpaceX stock fell 15% from its issue price and Tesla shed 17.8% of its value, according to market data. The broader tech sell-off hit Alphabet …
Anthropic was the only major AI company that did not sign an open letter defending open-weight AI, drawing criticism from Silicon Valley figures including David Sacks and Bill Gurley. The company's re…