In brief
Business
Lovable Raises $400 Million at $13.3 Billion Valuation
AI coding startup Lovable raised $400 million at a $13.3 billion valuation as its annual recurring revenue approaches $600 million.
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Daily edition12Aug 2026
Wednesday
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Wednesday
1 news articles · 3 briefs · 0 guides-
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Story of the Day MarketsNorway’s Sovereign Wealth Fund Posts Record $184 Billion Profit, Reveals SpaceX Stake for First Time
Norway's sovereign wealth fund reported a record $184 billion first-half profit and disclosed a stake in SpaceX for the first time, highlighting its continued expansion into leading technology investments.
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In brief Economy
Sergey Brin Has Spent More Than $100 Million Fighting California’s Billionaire Tax
Google co-founder Sergey Brin has spent more than $100 million opposing California’s proposed 5% billionaire tax, which could cost him roughly $13.3 billion.
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In brief Big Tech & Innovation
SpaceXAI and Cursor Launch Grok Bot, an AI Agent With Its Own Cloud Computer
SpaceXAI and Cursor have launched Grok Bot, an AI agent with its own cloud computer that can independently use websites, applications, and user accounts to complete tasks.
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