Anthropic posted a job opening for a director on its investor relations team with a base salary of $425,000 to $600,000, as the AI lab prepares for a blockbuster initial public offering as soon as thi…
Databricks has reached a $188bn valuation in a new funding round led by Coatue Management, surpassing the $175bn figure it was reportedly in talks to raise at weeks earlier. Coatue is investing roughl…
SK Group Chairman Chey Tae-won told SK hynix investors to hold onto their shares, expressing confidence in long-term growth as AI drives memory chip demand. Speaking at a Korea Chamber of Commerce for…
Coatue Management is leading a $3 billion investment in Databricks, valuing the data and AI company at $188 billion, up from $134 billion five months earlier. The round comes as Databricks' annualized…
SpaceX's $60 billion all-stock acquisition of Anysphere, the company behind AI coding tool Cursor, marks the largest developer tools deal ever and signals the end of model-neutral AI coding assistants…
SpaceX filed an FCC application in late January 2026 for a constellation of up to 1 million satellites to build orbital AI data centers, a plan that depends entirely on the Starship rocket achieving f…
ARK Invest says SpaceX's Starship launch system is crucial for a $28.5 trillion total addressable market, with $22.7 trillion to $26.5 trillion tied to artificial intelligence infrastructure in orbit.…
Elon Musk's AI startup xAI, recently renamed SpaceXAI, is in turmoil as it struggles to match rival Anthropic's Claude chatbot, leading to dozens of employee departures, a planned 30% workforce reduct…
Elon Musk secretly acquired APR Energy, a Jacksonville-based power infrastructure company, in a deal valued at more than $1 billion, according to Federal Trade Commission documents. The acquisition, w…
Saronic Technologies, an Austin-based manufacturer of AI-powered drone vessels, announced a $3.2 billion investment to build its naval shipyard, Port Alpha, at the Port of Brownsville, with constructi…
Oracle Corp.'s $250 billion data-center expansion has led S&P Global Ratings to cut its credit rating to BBB-, one step above junk, as the company burns through more than $20 billion over the last fou…
The release of Inkling, an open-source LLM by an American firm, sparked nationalist reactions among American developers who cheered it as the 'smartest American open source LLM,' contrasting with a pe…
The U.S. Department of Justice and Pentagon are defending Elon Musk's SpaceX in court, arguing that shutting down unpermitted gas turbines powering the Grok AI data center would threaten national secu…
Anaconda acquired the open source AI coding agent Kilo Code, which has over 3 million developers and processes nearly 10 trillion tokens per month, and will keep it MIT-licensed with no immediate pric…
A secondary market for AI startup swag is booming on eBay, with used OpenAI and Anthropic hoodies, t-shirts, and pens selling for hundreds of dollars. An OpenAI Codex box set recently fetched $475, a …
Anthropic, the AI firm behind the Claude chatbot, is reportedly preparing for an initial public offering by October 2026 after a Series H funding round valued the company at $965 billion, making it th…
Cursor, a vibe coding platform owned by Anysphere and acquired by SpaceX for $60 billion in June, has denied responsibility for an arbitrary code execution bug that researchers at Mindgard say went un…
Robinhood executives Stephanie Guild and Steve Quirk, along with Yahoo Finance Executive Editor Brian Sozzi, explain that investors are ignoring losses at SpaceX and OpenAI due to powerful visions of …
Robinhood executives Stephanie Guild and Steve Quirk told Yahoo Finance that an unprecedented wave of AI and SpaceX IPOs is coming, warned that the 'Magnificent Seven' market concentration poses risks…
OpenAI CEO Sam Altman and Elon Musk are feuding online after Apple sued OpenAI for trade secret theft, with Musk calling Altman 'Scam Altman' and Altman responding by promoting GPT-5.6 Sol and accusin…