SpaceX’s First Post-IPO Move: A $60 Billion, All-Stock Bet on Cursor
The listing was barely a month old, and the chief executive was already working the phones. According to people familiar with the matter, SpaceX’s leadership had spent the spring weighing…
NVIDIA Raises $25 Billion in Bonds as Investors Line Up for the AI Buildout
The syndicate desk at a Wall Street bank had an unusual problem last week: too much demand. According to people familiar with the matter, orders for NVIDIA’s first large bond…
Nobel Winner John Jumper Leaves Google DeepMind for Anthropic
John Jumper, the Nobel Prize-winning scientist who led the creation of AlphaFold and cracked one of biology’s oldest problems, is leaving Google DeepMind for Anthropic, according to people familiar with…
OpenAI Posts $3.7 Billion Quarterly Loss as IPO Preparations Accelerate
The internal numbers landed at a difficult moment. OpenAI lost $3.7 billion in the first quarter of 2026, according to The Information, putting the company on a pace to burn…
White House Warms to Anthropic Even as Its Flagship Models Come Offline Abroad
The interview had barely aired when the phones started ringing at Anthropic’s offices. President Trump told Axios he no longer regards the AI company as a national security threat, a…
EU Orders Meta to Restore Free WhatsApp Access for Competing AI Chatbots
The ruling arrived in Brussels on a Friday and landed in Palo Alto before the weekend. The European Commission, acting under the Digital Markets Act, found that Meta had breached…
Tesla’s Cybercab Specs Surface in EPA Filings: Light, Fast Enough, and Cheap to Build
The numbers were sitting in a federal filing all along. Environmental Protection Agency documents posted this week disclose the full technical specifications of Tesla’s Cybercab, the robotaxi the company unveiled…
Baseten Seeks $1.5 Billion at a $13 Billion Valuation, Months After Its Last Mega-Round
Five months. That is how long Baseten waited between its last giant fundraising round and its next one. The AI inference company, which raised $300 million at a $5 billion…
Ambani’s Next Act: AI in Every Jio Call, Every App, Every Screen
Mukesh Ambani does not usually need to raise his voice to change the direction of Indian technology. The chairman of Reliance Industries, India’s most valuable company, used his annual shareholder…
02_Trump_OpenAI.md
Trump Administration Discusses Taking a Stake in OpenAI The White House and OpenAI have held discussions about the federal government taking an equity stake in the artificial intelligence company, according…
