Amazon to Spend $10 Billion on Missouri Data Center Campus
Montgomery City, Missouri, has about 2,800 residents and sits beside Interstate 70, roughly midway between St. Louis and Kansas City. It is not the first place most people would look…
Oracle Completes 30,000 Layoffs, Its Largest Cut Ever
By Monday, the last of the termination notices had gone out, and Oracle’s payroll was 30,000 names lighter. The company met its June 15 deadline for a reduction of about…
AI Now Accounts for a Record Share of U.S. Job Cuts, Data Show
The tally kept by Challenger, Gray & Christmas now has a category that its founder could not have imagined when the firm started tracking layoffs in 1993: artificial intelligence. Through…
SpaceX’s Rise Rewrites the Alphabet of Big Tech
The ticker tape says it plainly: SpaceX, a company whose shares began trading days ago, now sits among the six most valuable companies in the United States. With a market…
The Launch That Saved SpaceX: From a Week of Cash to a $2 Trillion Listing
In the late summer of 2008, SpaceX had about a week of cash left, and the company’s engineers privately put the odds of the next launch succeeding at roughly 10%.…
History’s Biggest IPO Wave Carries a Familiar Warning
SpaceX’s record listing is done. Two more stand behind it in the queue, and the combined scale has no precedent. OpenAI is aiming at a $1 trillion valuation, and Anthropic…
U.K. and Japan Sign $24 Billion Technology Pact
The signing table was set in London, and the two prime ministers put their names to an agreement worth more than £18 billion, or about $24 billion, covering artificial-intelligence research,…
Musk Points to Tesla’s Next Chip as Robotaxi Questions Mount
The update arrived as a post on X, in the clipped language Mr. Musk uses for engineering status reports. Tesla’s AI6 chip, he said, is moving through engineering review and…
SpaceX Keeps Rising After the Bell as Funds Rush to File
The second trading day ended, and SpaceX kept moving. In after-hours trading, shares changed hands at $166.76, up 23.5% from the $135 offering price, and the machinery of modern markets…
Amazon CEO’s Washington Meetings Preceded Order to Disable Anthropic Models
The conversations took place in Washington this week, and their consequences reached the artificial-intelligence industry within days. Andy Jassy, Amazon’s chief executive, told senior officials in the Trump administration that…
