Meta Shares Jump 7% After Debut of New AI Model Muse
Meta Platforms shares rose 7% after unveiling its new AI model Muse. The launch signals renewed momentum in the company’s artificial intelligence strategy.
tech investment
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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.
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 Files Confidentially for IPO Ahead of Potential June Listing
SpaceX has reportedly filed confidentially for an IPO, with a potential listing as early as June. The move could kick off a wave of major tech offerings.
Eli Lilly Strikes Up to $2.75 Billion AI Drug Deal With Insilico Medicine
By
Emma Clarke
Eli Lilly will pay up to $2.75 billion to bring AI-developed drugs from Insilico Medicine to market. The deal highlights growing momentum in AI-driven drug discovery.
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.
SpaceX Prepares IPO Filing That Could Value Company Above $1.5 Trillion
SpaceX is preparing to file for an initial public offering as soon as this week, with reports suggesting a potential raise of over $75 billion. The listing could become one of the largest IPOs in history.
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.
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.
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.
Nvidia Posts Record $68.1 Billion Q4 Revenue as AI Demand Drives 94% Profit Surge
Nvidia reported record fourth-quarter revenue of $68.1 billion, up 73% year over year, as artificial intelligence demand continued to fuel explosive growth. Net income surged 94% to $43 billion, well above analyst expectations.