Alphabet Raises $20 Billion in Bond Sale to Fund AI Expansion
Alphabet raises $20 billion in bonds to finance large-scale investments in artificial intelligence infrastructure.
big tech
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Apple Reclaims $4 Trillion Valuation by Sitting Out the AI Spending Race
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 in Deal Valuing Company at $1 Trillion
SpaceX acquires xAI for $250 billion, valuing the combined business near $1 trillion with IPO estimates above $1.75 trillion.
SpaceX Acquires xAI in Landmark Deal to Merge Space and Artificial Intelligence
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 Explores Biometric Social Network Using Worldcoin Orbs to Verify Users
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.
Amazon in Talks to Invest Up to $50 Billion in OpenAI
Amazon is reportedly in talks to invest up to $50 billion in OpenAI as the AI firm seeks funding at an $830 billion valuation.
Nancy Pelosi Reshuffles Portfolio, Shifting From Stocks to Options Across Big Tech
Nancy Pelosi carried out a sweeping overhaul of her investment portfolio, aggressively rotating from direct equity holdings into long-dated call options across major technology stocks. The moves signal a more leveraged and concentrated exposure to Big Tech through 2027.
OpenAI Faces $14 Billion Loss as AI Spending Raises Cash-Runway Concerns
OpenAI is projected to post a net loss of around $14 billion this year as soaring AI infrastructure costs outpace revenue growth. Analysts warn the company could run out of cash within 18 months despite plans to reach profitability by 2030.
OpenAI Plans First Consumer AI Device Launch in 2026
OpenAI plans to launch its first proprietary AI device in the second half of 2026, expanding beyond software into consumer hardware.
Elon Musk Seeks Up to $134 Billion in Damages From OpenAI and Microsoft
By
Emma Clarke
Elon Musk is pursuing up to $134 billion in damages from OpenAI and Microsoft, claiming he was misled after OpenAI abandoned its nonprofit mission and entered a deep commercial partnership with Microsoft.
Apple Partners With Google to Integrate Gemini AI Into Future Features
Apple partners with Google to integrate Gemini AI models and cloud infrastructure for enhanced Siri and future AI features.
Alphabet Reaches $4 Trillion Market Capitalization on AI Momentum
Alphabet reached a $4 trillion valuation as investors bet on AI-driven growth across search, cloud, and enterprise services.
Former Trump Adviser Dina Powell McCormick Joins Meta as President
Meta names former Trump adviser Dina Powell McCormick as president and vice chairman, strengthening leadership amid AI expansion and regulatory focus.
Walmart Partners With Google to Enable Shopping Inside Gemini AI
Walmart partners with Google to let customers browse and buy products directly inside the Gemini AI assistant.
Alphabet Overtakes Apple to Become World’s Second-Largest Company
Alphabet surpassed Apple in market value, becoming the world’s second-largest company behind Nvidia.