SpaceX has already determined its IPO price at a hundred thirty five dollars per share, a week early. This is virtually unheard of for those who have watched Wall Street's dance around pricing an IPO. Typically, the price comes after hours-long talks with underwriters and institutional investors, but Elon Musk's rocket company has announced it …

Meta Platforms officially kicked off its enterprise artificial intelligence efforts on Wednesday with a new business agent to assist companies in managing daily business operations directly within WhatsApp, Messenger, and Instagram. The announcement was made during the company's recent WhatsApp-centric “Conversations” event in London, where Meta unveiled the new AI assistant, which will be used …

Tesla officially announced the new addition of its unsupervised robotaxi service across the entire Austin Metro area in Texas, a move in a stride that will help the company towards commercially viable autonomous ride hailing services. The electric vehicle company, which has been gradually moving towards a new AI and robotics strategy, officially announced the …

Microsoft is all set to present at its annual software developer conference, and the industry is eagerly awaiting the revelations of the company. It will likely be more about the new tools for developers creating AI applications that will run on personal computers and in the cloud, on Tuesday at San Francisco's town hall. As …

Florida has become the first state in the nation to sue OpenAI and its chief executive Sam Altman, accusing the artificial intelligence company of misleading the public about the safety measures embedded in its popular ChatGPT platform. The lawsuit, filed on Monday by Florida Attorney General James Uthmeier, a Republican, claims that the chatbot has …

When Nvidia’s chief executive Jensen Huang stepped onto the Computex stage in Taipei earlier this week, he did more than just unveil a new chip. He placed a quiet but powerful bet on a concept that the technology industry has been struggling to define and even harder to sell: the AI PC. The new RTX …

A Danish pension fund that already took a radical step by dumping its US Treasury holdings is now hard-line against investing in Elon Musk's SpaceX. The fund, called AkademikerPension, which oversees about 20 billion dollars of assets, has decided to move with a full 100% veto on the aerospace company’s eventual IPO. Its chief investment …

Amazon has been one of the stock market's brightest stars in the past 25 years. Recently, the aforementioned financial journalist and anchor for Bloomberg TV, Mr. Jon Erlichman, referred to a startling figure, which brings the company's trajectory into stark relief. Amazon has risen by an amazing 9,000% since a particular story was released on …

Meta Platforms is preparing to test an artificial intelligence pendant within the next year as part of a broader strategy to revamp its struggling hardware division. According to a report by The Information, which cited an internal company memo, the initiative represents a significant push into wearable devices aimed at reversing persistent financial losses. The …

The space industry woke up to a shaken landscape this week after an uncrewed Blue Origin New Glenn rocket exploded during a routine engine test fire at Cape Canaveral Space Force Station in Florida. The blast, which occurred on May 29, 2026, did more than destroy the booster. It severely damaged the launch pad itself, …

Nearly four months after TikTok’s Chinese parent company ByteDance finalized a deal to transfer control of American user data to a newly formed US joint venture called TikTok USDS, Senator Ed Markey is now demanding answers. The Democratic senator from Massachusetts sent formal letters to both the joint venture and Oracle on Friday, pressing them …

Meta’s latest internal initiative to track employee computer usage for artificial intelligence training has quickly become a potential legal flashpoint in Europe. The tool known as the Model Capability Initiative or MCI was initially presented as a limited program focused on United States based staff. But internal documentation seen by Reuters reveals that the data …

Elon Musk clarified this week that SpaceX has only agreed to a six month lease for its Colossus AI training data center clusters to Anthropic, pushing back against any assumption of a longer term commitment. The SpaceX CEO took to X on Thursday to explain that while the arrangement could eventually stretch into multiple years, …

Meta Platforms has pledged additional funds for its independent Oversight Board that will last until 2028, the board said Thursday. The company's revelation follows a growing trend of social media platforms being held under pressure to tackle misinformation, amid their efforts to use artificial intelligence to help manage the content on their websites. The board's …