Meta Rallies on Report of New AI Cloud Computing Business
Meta shares jumped after a report said the company is developing a cloud business that will sell AI models and excess computing capacity to external customers.
X Expands X Money to Premium Users With Banking Features and FDIC Coverage
X has expanded access to X Money for select Premium subscribers in the United States, introducing digital payments and FDIC insurance coverage of up to $10 million.
Airwallex Reaches $11 Billion Valuation After $320 Million Funding Round
Airwallex raised $320 million at an $11 billion valuation as the fintech company expands its financial infrastructure for a future where AI agents manage business payments and finance.
Micron Delivers One of the Biggest Earnings Beats in Semiconductor History
By Emma Clarke
June 25th, 2026
Micron reported record quarterly revenue, earnings, and guidance, significantly exceeding Wall Street expectations as surging demand for AI memory chips continued to drive growth.
AI Longevity Startup Gero Raises Additional $17 Million to Develop Anti-Aging Drugs
By Emma Clarke
June 24th, 2026
Gero has secured $17 million in new funding, bringing its total capital raised to $34 million as the company advances AI-driven drug discovery focused on aging and chronic diseases.
Getty Images Stock Doubles After OpenAI Partnership Announcement
By Emma Clarke
June 24th, 2026
Getty Images shares surged nearly 100% after the company announced a display partnership with OpenAI, highlighting growing demand for licensed content in AI products.
SK Hynix Overtakes Samsung as South Korea’s Most Valuable Public Company
By Emma Clarke
June 22nd, 2026
SK Hynix has surpassed Samsung Electronics to become South Korea’s most valuable public company as demand for AI memory chips continues to fuel explosive growth.
Polish Founder Builds Europe’s Largest Space Company as ICEYE Reaches $12 Billion Valuation
By Emma Clarke
June 18th, 2026
ICEYE, the satellite company co-founded by Polish entrepreneur Rafał Modrzewski, has reached a valuation of 44 billion zloty after a tenfold increase in just one year.
SpaceX to Acquire Cursor Developer Anysphere in $60 Billion All-Stock Deal
By Emma Clarke
June 16th, 2026
SpaceX agreed to acquire Anysphere, the developer of AI coding tool Cursor, in a $60 billion all-stock merger through subsidiary X67 Inc.
Salesforce Acquires AI Startup Fin in $3.6 Billion Deal
By Emma Clarke
June 15th, 2026
Salesforce agreed to acquire AI software developer Fin for $3.6 billion, strengthening its position in the rapidly expanding market for enterprise artificial intelligence tools.
Fox Agrees to Acquire Roku in $22 Billion Streaming Deal
By Emma Clarke
June 15th, 2026
Fox Corporation has agreed to acquire Roku in a $22 billion transaction, combining one of the largest streaming platforms with Fox’s growing digital media and advertising business.
Bezos-Backed AI Startup Project Prometheus Reaches $41 Billion Valuation
By Emma Clarke
June 12th, 2026
Project Prometheus, the industrial AI startup backed by Jeff Bezos, has reportedly reached a $41 billion valuation following its latest funding round as investors bet on AI applications beyond software.
SpaceX Employees Prepare for IPO Windfall With Wealth Management Program
By Emma Clarke
June 10th, 2026
More than 100 current and former SpaceX employees have joined forces to secure discounted wealth management services as the company’s IPO is expected to create a new wave of multimillionaires.
Anthropic Calls for Slower AI Development as Claude Approaches Human-Level Coding
By Emma Clarke
June 7th, 2026
Anthropic is urging policymakers and AI labs to carefully evaluate the risks of increasingly autonomous AI systems as Claude reaches human-level coding performance and begins handling most of the company’s production code.
Alphabet Announces $80 Billion Fundraising Plan to Expand AI Infrastructure
By Emma Clarke
June 2nd, 2026
Alphabet unveiled an $80 billion fundraising plan, including public offerings and a Berkshire Hathaway investment, to finance the rapid expansion of its AI computing infrastructure.