SpaceX Targets $2 Trillion Valuation in Potential Record IPO
SpaceX is targeting a valuation of more than $2 trillion in its upcoming IPO, according to reports. The listing could become the largest in stock market history.
artificial intelligence
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OpenAI Secures $122 Billion Funding Round Ahead of Potential IPO
By
Emma Clarke
OpenAI has raised $122 billion in a record-breaking funding round to accelerate AI development. The deal comes as expectations grow for a future public offering.
SpaceX Targets $1.75 Trillion Valuation in Potential IPO
By
Emma Clarke
SpaceX plans a potential $75 billion IPO at a $1.75 trillion valuation, combining space and AI businesses.
Alphabet Could Rally 40% as Google Gains Ground in AI Race, Wells Fargo Says
Alphabet shares could rise as much as 40% as Google strengthens its position in artificial intelligence, according to Wells Fargo. Analysts cite improving monetization and AI leadership potential.
OpenAI Shuts Down Sora Video Model Amid Soaring AI Costs
By
Emma Clarke
OpenAI is shutting down its Sora video generation model, citing undisclosed reasons. Reports suggest the product may have been costing up to $15 million per day to operate.
Meta Targets $9 Trillion Valuation With New Executive Incentive Plan
By
Emma Clarke
Meta has introduced a new executive incentive program tied to a $9 trillion valuation target. The move underscores its aggressive push to lead the artificial intelligence race.
Zuckerberg Builds AI Agent to Streamline Meta Management
By
Emma Clarke
Mark Zuckerberg builds an AI agent to streamline Meta’s management and reduce organizational layers.
Amazon Acquires Rivr to Advance Robot-Powered Doorstep Delivery
By
Emma Clarke
Amazon acquires Rivr to develop robots for doorstep delivery and expand automation in last-mile logistics.
Chinese AI Stocks Rise After Nvidia CEO Praises OpenClaw
Chinese AI stocks rise after Nvidia CEO Jensen Huang calls OpenClaw the ‘next ChatGPT’.
Nvidia and Uber Plan Robotaxi Rollout Across 28 Cities by 2028
By
Emma Clarke
Nvidia and Uber announced plans to launch Level 4 autonomous robotaxis in 28 cities by 2028. The partnership aims to scale AI-powered self-driving fleets across major urban markets.
Nvidia Targets $1 Trillion in AI Chip Revenue by 2027
By
Emma Clarke
Nvidia expects cumulative revenue from AI chips to reach $1 trillion by the end of 2027, according to CEO Jensen Huang. The forecast doubles the company’s previous projection for the fast-growing AI market.
Meta Invests $27B in Nebius as AI Infrastructure Race Intensifies
By
Emma Clarke
Meta has invested $27 billion in AI cloud company Nebius as it races to secure computing power for artificial intelligence development. The deal highlights growing demand for large-scale AI infrastructure.
Meta Plans 20% Workforce Cut to Offset AI Spending
By
Emma Clarke
Meta plans to cut 20% of staff as it ramps up costly investments in artificial intelligence infrastructure.
Nebius Shares Jump 16% After Nvidia’s $2B Investment in AI Cloud Partnership
By
Emma Clarke
Nebius shares surged after Nvidia announced a $2 billion investment to build next-generation AI cloud infrastructure. The partnership aims to scale high-performance computing platforms for large artificial intelligence workloads.
Apple Unveils M5 MacBook Pro Lineup, New Displays and iPad Air as Hardware Push Continues
By
Emma Clarke
Apple introduced M5 Pro and M5 Max chips alongside updated MacBook Pro models focused on peak performance and on-device AI. The company also launched new Studio Displays, refreshed the iPad Air with M4, and revealed the iPhone 17e starting at $599.