SpaceX has transformed into an AI landlord by leasing computing power from its Colossus data center to AI startups and tech giants, mirroring McDonald's real estate model. The company has signed deals…
OpenAI is reportedly considering delaying its IPO from 2026 to 2027 due to a tech selloff that has depressed AI stock valuations, with CEO Sam Altman insisting on a $1 trillion minimum valuation. The …
Greece has deployed a constellation of four AI-enabled CubeSats, developed by OroraTech and launched in May 2026, to detect and track wildfires as small as 4 meters. The system, supported by the Europ…
Anthropic has delayed its IPO to 2027, citing SpaceX's stock performance and market conditions, following a similar decision by OpenAI. The postponement reshapes expectations for the largest IPO by ma…
A new report reveals that NSFW activities account for well over half of Grok's traffic, including porn generation and adult role-play chats, according to two former xAI employees. The findings suggest…
OpenAI is leaning toward a 2027 IPO after CFO Sarah Friar warned the company isn't ready for public markets, citing a $3.7 billion cash burn in Q1 2026 and trillions in infrastructure commitments. The…
The U.S. stock market ended mixed Thursday as Micron Technology surged 15.7% on strong earnings and AI demand, while Apple dropped 6.1% after raising product prices. The S&P 500 slipped less than 0.1%…
Mirendil raised a $200M seed round to build a platform that enables engineers and researchers outside major AI labs to conduct frontier AI research and development. The company aims to democratize AI …
SpaceX filed plans with the FCC to deploy up to 1 million AI satellites in low Earth orbit, aiming to provide 100 GW of AI compute power by 2030. The combined SpaceX-xAI entity, valued at $1.25 trilli…
A Haystack News poll found 55% of over 4,100 Americans are very concerned about an AI bubble, reflecting growing alarm over the $1 trillion invested in AI with little return. The concern coincides wit…
South Korean chipmaker SK Hynix plans to raise up to $29.4 billion in a U.S. IPO to build chip factories in South Korea, not America, highlighting a reliance on foreign suppliers for AI infrastructure…
Softbank CEO Masayoshi Son dismissed Elon Musk's idea of building AI data centers in space, arguing that the high cost and long timeline make it impractical. Son emphasized that Softbank is focused on…
Two former xAI employees estimate that over half of Grok AI's traffic is for pornographic content, including images, videos, and roleplay chats. xAI is expanding Grok's image and video generation capa…
Morgan Stanley, Jefferies, and SpaceX are warning that public backlash against AI—driven by job displacement fears and rising energy costs—poses a material risk to the AI stock rally. A June 23, 2026 …
Elon Musk lost his trillionaire status as shares in Tesla and SpaceX plunged during a global stock selloff, with Forbes listing his net worth at $970.2 billion. The decline followed investor fears of …
SpaceX acquired Anysphere, the company behind Cursor, for $60 billion in an all-stock deal on June 16, marking the largest acquisition of a venture-backed startup in history. The deal gives SpaceX con…
South Korean chip giant SK Hynix announced plans to raise up to $29.4 billion through a US stock market listing on Nasdaq, aiming to capitalize on surging investor appetite for AI stocks. The Nvidia s…
The Independent examines whether the current AI investment surge is a speculative bubble or the early stage of transformative technology, comparing it to the dotcom era while noting key differences in…
A sell-off in AI-related stocks this week has raised questions about whether the market is experiencing a healthy pause or a panic, as investors reassess valuations amid massive capital spending by te…
SpaceX raised $75 billion in its June 12, 2026 IPO on Nasdaq, briefly reaching a $2 trillion market cap before a 32% pullback. The company acquired xAI earlier in 2026 to integrate AI into its space o…