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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 agreed to acquire Anysphere, the developer of AI coding tool Cursor, in a $60 billion all-stock merger through subsidiary X67 Inc.
Salesforce agreed to acquire AI software developer Fin for $3.6 billion, strengthening its position in the rapidly expanding market for enterprise artificial intelligence tools.
Fox Corporation has agreed to acquire Roku in a $22 billion transaction, combining one of the largest streaming platforms with Fox’s growing digital media and advertising business.
Elon Musk said factories on the Moon and Mars would be needed to achieve quadrillionaire status in a future space economy.
Elon Musk became the first person in history to reach a net worth of $1 trillion after SpaceX’s public debut, further extending his lead as the world’s richest individual.
Project Prometheus, the industrial AI startup backed by Jeff Bezos, has reportedly reached a $41 billion valuation following its latest funding round as investors bet on AI applications beyond software.
Teen entrepreneur Zach Yadegari sold Cal AI for about $100 million and is now building an anti-doomscrolling startup.
Elon Musk said his upcoming AI chip could outperform Nvidia’s products while costing a fraction of the price.
Founders Fund launched a Mafia-themed game show featuring Sam Altman, Palmer Luckey, and other Silicon Valley leaders.
Nvidia CEO Jensen Huang described the recent technology selloff as a buying opportunity, arguing that AI-related stocks remain attractively valued as the global AI infrastructure buildout is still in its early stages.
Google will pay SpaceX $920 million per month for access to approximately 110,000 Nvidia GPUs and AI infrastructure.
Anthropic is urging policymakers and AI labs to carefully evaluate the risks of increasingly autonomous AI systems as Claude reaches human-level coding performance and begins handling most of the company’s production code.
Goldman Sachs projects that SpaceX could increase its AI-related revenue by 100 times by 2030, reaching approximately $322 billion annually as the company expands its artificial intelligence infrastructure.
SpaceX is reportedly targeting a $1.75 trillion valuation for its upcoming IPO, with the company expected to begin its investor roadshow on June 4 ahead of a planned Nasdaq debut on June 12.