Market Brief
Musk’s XChat Launches on iPhone With Encrypted Messaging and Grok AI
XChat launches on iPhone with encryption, AI integration, and messaging features, targeting Telegram users.
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XChat launches on iPhone with encryption, AI integration, and messaging features, targeting Telegram users.
OpenAI launches GPT Image 2 with improved realism, better scene understanding, and accurate text generation.
A global outage disrupts ChatGPT, Gemini, Claude, and Codex, impacting AI services worldwide.
Telegram launches a feature allowing users to create and manage AI bots that can control other bots.
Oracle stock rises after expanding its Bloom Energy deal to power AI data centers.
Visa enables AI agents to make payments through its new platform, advancing autonomous digital commerce.
Oracle shares rise as the company cuts jobs and shifts spending toward AI infrastructure and cloud expansion.
SpaceX plans a potential $75 billion IPO at a $1.75 trillion valuation, combining space and AI businesses.
Mark Zuckerberg builds an AI agent to streamline Meta’s management and reduce organizational layers.
Alibaba reports a 66% profit drop as AI and cloud investments weigh on earnings despite strong demand.
Meta plans to cut 20% of staff as it ramps up costly investments in artificial intelligence infrastructure.
Volkswagen’s profit falls 44% in 2025 as the automaker plans to cut 50,000 jobs in Germany by 2030.