Passive investing, primarily through index funds and ETFs, now accounts for around 30% of the U.S. stock market, up from 8% in the early 2000s, and researchers warn it inflates valuations by about 15%…
SpaceX's IPO has sparked envy among Blue Origin employees, who feel their stock options were essentially worthless under the company's old equity plan. Meanwhile, OpenAI and Anthropic are preparing fo…
OpenAI is reportedly delaying its initial public offering until 2027 after CEO Sam Altman became concerned about achieving a $1 trillion valuation, following a 20% drop in SpaceX's stock from its peak…
Anthropic surpassed OpenAI as the most valuable AI company at $965 billion, while three major AI conglomerates—Anthropic, OpenAI, and SpaceX—filed for IPOs within weeks. The quarter saw circular finan…
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…