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Browsing: Big Tech & Startups
SpaceX Just Signed a $6.3 Billion Compute Deal With Reflection AI. A Company That Went Public to Build Rockets Is Quietly Becoming the Infrastructure Backbone of the Frontier AI Race.
SpaceX has signed a computing power deal worth up to $6.3 billion with Reflection AI, the open-source artificial intelligence startup…
Groq Just Confirmed a $650 Million Raise to Rebuild Itself as an AI Inference Neocloud. The Company That Sold Its Soul to Nvidia for $20 Billion Is Already Back with a New CEO and a Completely Different Business.
Groq has secured $650 million in new growth capital to accelerate the expansion of its AI inference cloud. The round…
A 42-State Coalition Just Served OpenAI the Broadest Legal Investigation Any AI Company Has Faced
New York Attorney General Letitia James has served OpenAI with a subpoena, acting on behalf of a coalition of 42…
Alphabet Is Raising Billions for AI Infrastructure and the Compute Race Is Still Accelerating. Here Is What That Capital Commitment Tells You About Where the AI Market Is Heading
Alphabet has raised $84.75 billion through an equity offering. This record capital infusion signals immense confidence in AI’s future. However,…
Anthropic Just Filed for Its IPO as the Race for AI Capital Reaches a New Level of Intensity. Two Competing Visions of What AI Should Be Are About to Face the Public Market
Anthropic’s IPO plans shifted attention from private valuations to public markets. On the 1st of June 2026, the maker of…
OpenAI and Visa Just Partnered to Let AI Agents Spend Your Money. The Implications for Consumer Finance and Autonomous Commerce Are Only Beginning to Sink In
The OpenAI Visa partnership marks a major step towards the use of AI agents in commerce. Before now, chatbots helped…
SpaceX’s IPO Just Made Elon Musk the World’s First Trillionaire. The Number Itself Is Less Interesting Than How Fast It Happened.
Elon Musk’s net worth has crossed $1 trillion, making him the world’s first trillionaire. This comes a day after SpaceX…
SpaceX Just Bought Cursor for $60 Billion After Andreessen Horowitz and Nvidia Were About to Close a Deal at $50 Billion. The Acquisition Nobody Saw Coming Changes the AI Development Tools Market Entirely
Elon Musk’s SpaceX has agreed to buy Cursor, the artificial intelligence (AI) coding tool built by Anysphere, in an all-stock…
Apple Just Rebuilt Siri With AI Across Every Device It Makes. WWDC 2026 Was Not a Software Update. It Was a Strategic Repositioning
Apple WWDC 2026 has shifted attention from software updates to something even bigger. During the keynote speech at the conference,…
OpenAI Just Filed for Its IPO and the AI Industry Will Never Look the Same. Here Is What the Offering Actually Reveals About the Business of Artificial Intelligence
On the 8th of June 2026, OpenAI announced its IPO in addition with a confidential Form S-1 submission. The company…
