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SoftBank posts record profit as AI investments surge, including a $30 billion increase in its stake in OpenAI.
Alphabet raises $20 billion in bonds to finance large-scale investments in artificial intelligence infrastructure.
The AI.com domain sells for a record $70 million to Chris Marshall for use in a new AI project.
AWS reports its fastest quarterly growth in more than three years, driven by enterprise cloud migration and rising AI demand.
Apple’s market capitalization has climbed back to $4 trillion, returning the company to second place among the world’s most valuable corporations. While rivals pour hundreds of billions into artificial intelligence, Apple’s restrained approach is winning investor approval.
SpaceX acquires xAI for $250 billion, valuing the combined business near $1 trillion with IPO estimates above $1.75 trillion.
SpaceX has officially announced the acquisition of Elon Musk’s artificial intelligence company xAI, framing the move as a step toward accelerating humanity’s technological future. The deal brings together space infrastructure and AI development under a single corporate umbrella.
OpenAI is quietly developing a new social network and considering biometric identity verification to combat bots, according to Forbes. The platform may use Worldcoin’s iris-scanning Orbs or similar technologies to ensure users are real people.
SpaceX is in talks to merge with Elon Musk’s artificial intelligence startup xAI ahead of a planned public offering, according to Reuters. The deal could pave the way for the largest IPO in history and significantly boost Musk’s personal wealth.
Amazon is reportedly in talks to invest up to $50 billion in OpenAI as the AI firm seeks funding at an $830 billion valuation.
Microsoft shares plunged as much as 12% in a single session after earnings revealed soaring AI infrastructure costs and heavy reliance on OpenAI-linked cloud contracts. The drop marked one of the company’s sharpest declines since 2020.
China authorizes the import of hundreds of thousands of Nvidia H200 AI chips for major domestic buyers.
Tesla will discontinue production of its Model S and Model X vehicles and convert its Fremont factory to manufacture Optimus humanoid robots. Elon Musk said the transition will begin in the second quarter, with long-term output targeted at up to one million robots annually.
Nvidia invests $2 billion in CoreWeave, reinforcing its push into AI-focused cloud infrastructure.
Microsoft unveils a new AI chip designed to reduce reliance on Nvidia as demand for AI computing continues to grow.