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IBM unveiled the world’s first 0.7nm chip featuring nearly 100 billion transistors, sending its shares higher in premarket trading.
Micron reported record quarterly revenue, earnings, and guidance, significantly exceeding Wall Street expectations as surging demand for AI memory chips continued to drive growth.
OpenAI introduced Jalapeño, a custom AI inference chip developed with Broadcom and designed to improve the efficiency and performance of running large language models.
Thoma Bravo is handing Medallia to lenders, wiping out roughly $5 billion and marking one of the largest private equity losses ever.
Gero has secured $17 million in new funding, bringing its total capital raised to $34 million as the company advances AI-driven drug discovery focused on aging and chronic diseases.
Getty Images shares surged nearly 100% after the company announced a display partnership with OpenAI, highlighting growing demand for licensed content in AI products.
South Korea’s KOSPI index plunged nearly 10%, erasing more than ₩800 trillion in market value and triggering trading halts.
SpaceX signed a $6.3 billion AI computing agreement with Reflection AI, adding another major customer to its growing infrastructure business.
SpaceX launched its first major bond offering after its record IPO, despite holding more than $100 billion in cash.
SK Hynix has surpassed Samsung Electronics to become South Korea’s most valuable public company as demand for AI memory chips continues to fuel explosive growth.
Uber will launch a robotaxi service in Houston in partnership with Lucid and Nuro, expanding its autonomous vehicle strategy as competition in self-driving transportation intensifies.
SpaceX shares fell about 12% as investors took profits following the stock’s powerful post-IPO surge.
FTX sold its 5% stake in Cursor for $200,000 during bankruptcy proceedings. Today, that stake would be worth more than $3 billion.
SpaceX’s $60 billion acquisition of Cursor developer Anysphere has turned four MIT classmates in their mid-20s into multibillionaires almost overnight.
SpaceX surpassed Microsoft in market value and agreed to acquire AI coding startup Anysphere in a $60 billion stock deal.