SpaceX's IPO on June 12 became the highest-valued in history, raising over $75 billion and valuing the company at $2 trillion. The public offering, which includes Elon Musk's AI venture xAI, saw share…
Tesla capped employee AI spending at $200 per week starting July 6, according to an internal memo. The move follows an internal push to ramp up AI use, with Tesla launching a platform called Bottle Ro…
Tesla will cap employee AI spending at $200 per week starting July 6, according to an internal memo. The move comes months after the company urged workers to use AI more aggressively, highlighting cha…
The stock market rebounded despite AI sector weakness, with Meta and Tesla in focus alongside a key jobs report. Access to the article was denied due to automation detection, preventing further detail…
OpenAI proposed giving the U.S. government a 5% stake in AI labs, including itself and Anthropic, to create a sovereign wealth fund worth an estimated $600 billion. The plan faces significant hurdles,…
SpaceX showed investors a prototype of a new AI-integrated device, a handset slimmer than an iPhone running on a proprietary SpaceX operating system, to boost interest ahead of its IPO. The device, wh…
IEEE Spectrum reports that orbital data centers remain economically and technically impractical despite Elon Musk's predictions, citing massive scaling challenges in launch capacity, satellite manufac…
SpaceX reportedly showed investors an early prototype of a slim AI device running a proprietary operating system and integrating xAI technology, according to the Wall Street Journal. Elon Musk denied …
SpaceX has shown investors a prototype of a sleek, iPhone-like AI device, according to The Wall Street Journal, though Elon Musk denied the report. The device would run on a proprietary OS and integra…
Michael Burry, famed for his 'Big Short' bet against the housing market, has taken short positions against Tesla, Caterpillar, and major chip stocks including Nvidia and Applied Materials, citing over…
Michael Burry, the investor known for predicting the 2008 housing crisis, revealed new bearish bets against Tesla, Nvidia, Caterpillar, Applied Materials, and the iShares Semiconductor ETF, warning of…
Wedbush Securities initiated stock coverage on SpaceX with a $190 price target and 'Outperform' rating, citing strengths in Starlink connectivity, Starship launches, and AI compute projects. Analyst D…
Bank of America strategists warned that AI stock concentration has reached levels seen before previous market bubbles, with the 'AI Big 10' now comprising 41% of the S&P 500, similar to tech and telec…
A United Nations report titled 'Governing AI for Humanity' highlights both the transformative potential and significant risks of artificial intelligence, calling for a global governance framework. The…
Apptronik opened a 90,000-square-foot 'Robot Park' in Austin to train its Apollo humanoid robots, backed by $1 billion from investors including Google and Mercedes. The robots are already working in M…
Alphabet's Google unveiled new AI tools and a redesigned search box at the I/O conference, powered by the Gemini 3.5 Flash model and new features Gemini Spark and Gemini Omni. The announcements are pa…
Global billionaire wealth surged 13% in 2025, driven by the AI boom, creating nearly 400 new billionaires and pushing the total to 3,302, according to a UBS study. However, the UK suffered the largest…
Elon Musk's xAI is preparing to release a 1.5 trillion parameter Grok 4.5 model in July, followed by a 2 trillion parameter model in August. The models are being tested internally at SpaceX and Tesla …
Panasonic Holdings has achieved a record valuation of ¥11.5 trillion ($71 billion) as demand for AI infrastructure products drives its stock more than double this year. The Japanese conglomerate plans…
Morph Reflexes launches a multi-head classifier API that analyzes agent traces for behavioral failures like looping and user frustration. The system uses a shared LLM backbone with reused KV cache to …