In the days since making its monumental debut public offering, SpaceX has stole the financial world's imagination, quite a lot, in the process. Elon Musk's aerospace and artificial intelligence firm's stock rose by more than 10% in premarket trading on Tuesday, June 16, 2026, as it extended a post-IPO rally to a market capitalization approaching …
As Tesla teslarolled into the Netherlands late 2024 to start the approval process for its Full Self-Driving system, it was accompanied by the same set of claims. The same statistics that Elon Musk (Tesla) and other leaders have been pointing to in the United States made their way to the Netherlands and Sweden for the …
TikTok's parent company ByteDance has engaged in talks with local Shanghai-based AI chipmaker Iluvatar CoreX about acquiring the firm's artificial intelligence chips for inference workloads, highlighting China's growing efforts to rely on home-grown semiconductor solutions. The talks represent a wider strategic shift among China's biggest technology companies as they aim to lessen their reliance on …
When the United States government recently issued an export control directive aimed at restricting access to certain advanced AI models developed by Anthropic, the decision sent immediate ripples far beyond American borders. Within hours, Anthropic announced it would abruptly disable its most sophisticated artificial intelligence systems for all users, citing the U.S. order that specifically …
The lawsuit began with a subpoena issued to OpenAI on a Friday. In a blink of an eye, one of the most-followed AI firms in the country found itself embroiled in a new multistate legal battle. The U.S. coalition of state attorneys general has now joined the fray in what is being regarded by the …
People in the tech industry listen when Mark Zuckerberg writes a note to his staff. In his latest communication, in which he typically is so optimistic, he had a different tone: humility with a pinch of realism. Zuckerberg, in a candid letter to Meta employees and recently seen by Reuters, acknowledged the company's errors in …
In a quiet but significant shift that could reshape the landscape of China’s AI infrastructure, Nvidia has officially begun pitching its brand‑new Vera central processors to local clients. According to three people with direct knowledge of the matter, the company has told Chinese buyers that the Vera CPUs could be ready for delivery as early …
When news broke that a teenager accused of a school shooting in British Columbia had been exchanging troubling messages with OpenAI’s ChatGPT—and that the company had flagged that content internally but never alerted police—something shifted in Canada’s national conversation. The February incident, which claimed nine lives, ignited outrage not just over gun violence but over …
When Oracle announced its latest plans to double down on artificial intelligence infrastructure, the market’s reaction was swift and brutal. Shares of the legacy tech giant tumbled twelve percent in a single day, putting the company on track for its steepest drop since January of the previous year. If the losses hold through the closing …
Uber Technologies has joined in a dramatic federal lawsuit against New York City, targeting the city in its most important market, in a clash between Silicon Valley and one of its most important markets. The lawsuit is designed to prevent the new local law from being implemented, which the ride-hailing giant said would require it …
In a recent Oval Office press conference, President Donald Trump signaled that major tech firms in the artificial intelligence field will soon come up with a plan to “return” to the public. The president did not give specifics about either legislation or finances but his language clearly indicated that he was considering the U.S. government …
When Elon Musk’s SpaceX finally goes public with a record-breaking $75 billion IPO, the ripple effects may hit cryptocurrency investors harder than most expect. Set to debut on Nasdaq this Friday, the rocket and satellite communications company—which recently merged with Musk’s AI startup xAI—is chasing a staggering $1.75 trillion valuation. I have watched this pattern …
As SpaceX prepares for its long-anticipated initial public offering (IPO), Elon Musk took an active step to disclose one of the most ambitious long-term wagers the company has placed in order to prevent confusion.As SpaceX nears the highly anticipated initial public offering (IPO), the company's founder and CEO Elon Musk has made a proactive move …
In a significant escalation of the long-running legal battle between Big Tech and the mercenary surveillance industry, Meta Platforms has moved to hold the Israeli spyware manufacturer NSO Group in contempt of court. The social media giant announced on Monday that it is filing a federal court contempt order against the company, arguing that NSO …
