Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, Bloomberg reported Monday, citing people familiar with the matter. Th…
SpaceX is set to debut as one of the largest IPOs in history with a $1.75 trillion valuation on June 12, but Morningstar analyst Nicholas Owens values the company at just $780 billion—55% below the ta…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, targeting an October listing at a $965 billion valuation. SpaceX's ow…
SpaceX’s IPO filing now lists water access as a critical constraint on AI data center expansion, warning that “significant water resources may be required for cooling large-scale data center operation…
SpaceX plans to sell 555.6 million shares at $135 apiece in its initial public offering, targeting a $75 billion raise and a valuation of at least $1.8 trillion, according to people familiar with the …
Alphabet Inc. upsized its equity offering to $84.75 billion from $80 billion to fund growing artificial intelligence spending, making it the largest equity capital markets transaction of all time. The…
SpaceX's planned initial public offering at $135 per share would value Elon Musk's net worth at $988 billion, leaving him $12 billion short of becoming the world's first trillionaire, according to the…
SpaceX is valued at less than half of its $1.75 trillion IPO target, with Morningstar estimating the rocket company is "significantly overvalued" at nearly double its fair value. The investment resear…
Microsoft released a staggering set of AI products at its Build conference, demonstrating it can compete without OpenAI. The company unveiled new AI agents, Copilot features, and infrastructure tools,…
Space datacenters could become economically viable by the late 2030s, according to a new analysis of orbital compute costs. SpaceX has stated plans to launch 100 gigawatts of compute to space annually…
President Donald Trump signed a new executive order on AI on Tuesday, creating a voluntary review system for frontier models and a dedicated cybersecurity clearinghouse while stopping short of mandato…
SpaceX amended its initial public offering Monday to warn that water scarcity, regulations, and drought could constrain data center development, as water use emerges as one of the most contentious iss…
A U.S. district judge has ordered Elon Musk to turn over his Tesla and SpaceX emails as part of the discovery process in his lawsuit against Apple and OpenAI. Judge Mark Pittman overruled objections f…
Microsoft Build 2026 unveiled seven major product launches, including the MAI-Thinking-1 reasoning model and Project Solara agent-first Android OS, signaling a pivot toward AI-native development and r…
ASX 200 futures rose 0.5% ahead of first-quarter GDP data due at 11:30 AM AEST, with economists forecasting quarterly growth of 0.5% and annual expansion of approximately 2.6%. U.S. indexes edged high…
Microsoft CEO Satya Nadella declared a "new paradigm" for agentic AI at the company's Build conference in San Francisco, unveiling Project Solara, a new family of home-grown AI models, and a Copilot s…
Alphabet plans to sell $80 billion in stock, including a $10 billion private placement to Berkshire Hathaway, to finance AI infrastructure and global compute spending as its free cash flow falls short…
Impulse Space, a startup founded by former SpaceX engine expert Tom Mueller, raised $500 million in Series D funding to hire up to 200 new employees for building and testing spacecraft. The company, w…
SpaceX has added language to its IPO filing warning investors that access to water is a critical risk factor for its data center operations, alongside power and processor availability. The company sta…
At Computex 2026, Nvidia CEO Jensen Huang announced the Vera CPU, purpose-built for agentic AI workloads, with Anthropic, OpenAI, and SpaceX as anchor customers. The chip delivers 1.8x faster task com…