Blockmate Ventures advances Wyoming AI infrastructure opportunity, launches investor roadshow
Blockmate Ventures is advancing an AI infrastructure opportunity in Wyoming and has launched an investor roadshow to promote the initiative.
AI Startups news and analysis on Web Pulse: 6485 curated articles tracking the latest AI Startups developments, tools, and research, updated continuously from vetted sources.
Blockmate Ventures is advancing an AI infrastructure opportunity in Wyoming and has launched an investor roadshow to promote the initiative.
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after its share price surged more than 50% following its Nasdaq listing. The boost came as SpaceX announced it is acquiring AI cod…
Rackspace Technology shares surged 30% on June 16 after signing a definitive agreement with AMD to deploy 30 megawatts of AMD-based AI compute capacity across its global data centers through 2028. The deal formalizes a p…
Elon Musk's SpaceX IPO, which includes Starlink and xAI, has been approved by U.S. regulators, generating $75 billion for Musk despite widespread criticism that the valuation is inflated and the companies are unprofitabl…
OpenAI's leaked 2025 financials reveal a $38.5 billion loss as the company prepares for its IPO, causing market participants to lower the probability of the IPO occurring by December 31, 2026 from 56% to 45.5%.
Zhongji Innolight, the world's largest optical transceiver maker, is seeking a secondary listing in Hong Kong that could raise up to $7 billion, driven by surging AI infrastructure demand. The company's 2025 net profit m…
Qualcomm CEO Cristiano Amon predicts AI agents will replace apps as the primary user interface by 2026, with over 40 new AI device designs in development including smart glasses that could rival smartphone shipments. The…
Gavin Baker, managing partner and CIO of Atreides Management, says the AI bottleneck trade is losing its edge as supply constraints ease, forcing investors to rethink what has lasting value in AI infrastructure. Baker hi…
SpaceX acquired Anysphere, the startup behind AI coding editor Cursor, in a $60 billion all-stock deal announced four days after SpaceX's Nasdaq IPO. The acquisition, expected to close in Q3 2026, gives Elon Musk's xAI d…
Alan Yahya outlines the evolution of LLM agents from fine-tuning to optimizing agent workflows, emphasizing the need for features like session management and in-line editing. He notes that vertical applications different…
Kimba, a new sleep technology company, launched a clinically validated, AI-powered device that tracks health metrics and releases personalized scents to improve sleep quality. The device, available for preorder at $299, …
Swsh, a college photo-sharing app turned AI-powered fan engagement platform, raised a $4 million seed round led by Game Changers Ventures with backing from Scooter Braun. The company pivoted to sell AI-parsed fan content…
SpaceX made its $60bn acquisition of Anysphere, the startup behind AI coding tool Cursor, official in a Tuesday SEC filing. The all-stock deal comes days after SpaceX's record IPO and aims to bolster its AI capabilities,…
Oracle is considering divesting its Oracle Health (Cerner) unit to fund a $156 billion AI infrastructure commitment for OpenAI and other contracts, as the company faces a liquidity crisis with $124 billion in debt and a …
SpaceX has secured a call option to acquire Anysphere, the company behind AI code editor Cursor, for $60 billion. The deal comes as SpaceX prepares for an IPO, with Cursor generating $4 billion in annualized revenue and …
SpaceX confirmed on June 16 it will acquire Anysphere, the company behind AI coding agent Cursor, for $60 billion in an all-stock deal, according to Reuters and Business Insider. The acquisition, expected to close in Q3 …
SpaceX announced it is acquiring AI coding platform Cursor for $60 billion, aiming to bolster its enterprise AI capabilities and compete with rivals like Anthropic and OpenAI. The deal, expected to close in Q3 2026, foll…
Six months after mapping the AI value chain, the compute supply chain and operational infrastructure layers show strong revenue growth and stability, but the intelligence layer faces uncertainty as enterprise adoption re…
Dell Technologies raised its full-year AI server revenue guidance to roughly $60 billion after booking $24.4 billion in new AI orders in Q1, with shares surging up to 40% in after-hours trading. A $1.6 billion deal with …
Anthropic's Claude now earns more revenue per user than OpenAI's ChatGPT on mobile in the US, with $2.76 average revenue per user versus ChatGPT's $1.74, according to Sensor Tower. Claude's higher conversion rate and lac…