SpaceX Faces Higher Rates on $40 Billion Debt Deal as AI Fears Grow
SpaceX is reportedly finalizing $40 billion in financing, with one portion near 8.3% and chip-backed debt around 7.75% as AI credit concerns grow.
Big Tech & Innovation - Page 3
Follow the breakthroughs and disruptions driving the technology industry. From artificial intelligence and advanced chips to new digital platforms and corporate strategies, this section covers how leading tech companies innovate and shape the future of business. We highlight major product launches, research advances and market moves to give readers a clear view of where technology and commerce intersect.
Latest Big Tech & Innovation News
OpenAI Nears $30 Billion Funding Round at $1.25 Trillion Valuation
UAE investors and Coatue are reportedly leading an OpenAI financing of up to $30 billion at a $1.25 trillion pre-money valuation ahead of a potential IPO.
a16z Crypto Rebrands as Frontier, Expands Into AI and More
Chris Dixon confirms a16z Crypto is becoming a16z Frontier, broadening its investment remit while maintaining its commitment to crypto and existing portfolio companies.
Meta Ordered to Pay $25 Billion in New Mexico Privacy Case
Meta faces a $25 billion New Mexico penalty over misleading Facebook privacy claims, with 15% annual interest and an appeal planned.
DeepSeek Raises $15 Billion With Tencent and CATL Backing, Report Says
DeepSeek reportedly raises $15 billion from investors including Tencent and CATL to expand data centers and open models, while preparing for an IPO.
Tesla Stock Rises After Q3 Earnings Beat, With Revenue at $28.05 Billion
Tesla reports $0.48 in adjusted quarterly earnings per share and $28.05 billion in revenue. TSLA rises after hours as free cash flow recovers despite lower reported...
Meta Revenue Beats Estimates at $64.6 Billion as META Stock Rises
Meta’s revenue rises 26% to $64.6 billion, beating forecasts, as shares gain after hours. A large legal charge, heavy AI spending and new Class C shares...
CrowdStrike Stock Rises as NVIDIA Expands AI Agent Security Partnership
CrowdStrike shares rise as Falcon Guardian integrates with NVIDIA OpenShell, with a planned Sentry connection extending AI-agent security to hardware enforcement.
NVIDIA Expands OpenShell With Enforceable Limits for AI Agents
NVIDIA’s OpenShell architecture combines Rubin, Vera and BlueField security to control enterprise AI agents, with banks exploring the framework and Sentry planned for early 2027.
SpaceX Stock Jumps Over 10% After First Post-IPO Profit and Tesla Merger Talks
SPCX gains more than 10% premarket after SpaceX posts $4.4 billion in quarterly profit, while Musk confirms independent committees are exploring a Tesla merger.
SpaceX and Tesla Form Special Committees to Explore Merger, Musk Says
SpaceX and Tesla form independent committees to explore a merger, but Musk says no terms are agreed and shareholder support would still be required.
Anthropic’s $80.7 Billion Loss Puts IPO Accounting and AI Costs in Focus
Anthropic’s reported first-half net loss includes $72 billion in financing-related accounting charges, as massive compute commitments put its IPO finances in focus.