Startup exits valued at $1 billion or more have reached their highest level since 2021, with 13 such liquidity events in Q2 2026, driven partly by SpaceX's IPO. Meanwhile, AI labs like Anthropic and O…
The US and China are engaged in an AI-cybersecurity cold war, with open Chinese AI models advancing while US cyberweapons remain unavailable. South Korea plans a $590 billion investment in chipmaking …
California voters will decide in November on a one-time 5% tax on billionaires after backers of the initiative declined to withdraw it by the deadline, despite opposition from the state's governor. Th…
Micron Technology reported record Q3 FY26 revenue of $41.16 billion, up 74% sequentially and 346% year-over-year, with net income surging 1,400% to $28.2 billion. The memory maker's strong performance…
OpenAI's new custom AI chip is designed to accelerate model training and inference, reducing reliance on external suppliers like Nvidia. The move aims to cut costs and boost performance as OpenAI scal…
SpaceX closed a $150 million per month AI compute deal with open-source startup Reflection AI, converting itself into a neocloud provider. Meanwhile, AI infrastructure startup Baseten raised a $1.5 bi…
Lime, the electric scooter company backed by Uber and Alphabet, filed to go public with updated SEC documents revealing $886.7 million in 2025 revenue but seasonal losses in Q1 2026, highlighting the …
JD Vance, the Republican vice presidential nominee, has expressed support for stakeholder capitalism, a shift from his previous free-market views. In a speech, he argued that corporations should consi…
Intel shares surged 237% this year after the Trump administration converted grants into a 10% equity stake, with President Trump claiming Apple will design chips with Intel in the U.S. Amazon launched…
Mistral AI has emerged as a major force in the AI startup landscape, with its models gaining significant traction and attention. The company's latest developments, including competitive pricing and st…
The White House's blocking of Anthropic's Mythos and Fable AI models from European allies is driving foreign nations to accelerate open-source AI adoption and build independent AI hubs, benefiting com…
Anthropic released Fable 5, a restricted version of its powerful Mythos AI model, on June 9 after months of tension with the White House over access and safety. The company had previously limited Myth…
The Iran-USA war escalates as President Trump threatens strikes on Kharg Island, risking oil supply disruption and higher prices. The conflict threatens a critical IPO and adds macroeconomic pressure …
Anthropic has introduced a tiered access system for its AI models, creating a 'velvet rope' that limits access to certain users. The move comes as the company seeks to manage demand and prioritize hig…
OpenAI filed confidentially for an IPO, joining SpaceX and Anthropic in the public-market pipeline, as the AI industry faces growing public skepticism. The filing raises questions about revenue recogn…
Bending Spoons filed for an IPO, positioning itself as an anti-AI play in a market where tech stocks fell on Friday due to a strong labor report raising interest rate concerns. Meanwhile, OpenAI is ex…
Anthropic CEO Dario Amodei recently visited the White House and the company signaled contentment with the latest AI executive order, easing tensions after a previous dispute. The AI lab is not pushing…
SpaceX set a proposed IPO price of $135 per share, valuing the company at $1.7 trillion on a fully diluted basis, according to Renaissance Capital. The space launch and AI company plans to make up to …
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,…
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…