Uber Expands in Houston, Where the Robotaxi War Has Three Armies
On any given evening in Houston, a rider hailing a car can now be picked up by a vehicle with no driver at the wheel, from two different companies, and…
Intel’s Most Advanced Chip Node Enters Production Testing
The engineers gathered at the VLSI Symposium in Honolulu on Tuesday to hear Intel make a quiet but consequential announcement: the company’s most advanced chipmaking process, 18A-P, had entered risk…
SpaceX Overtakes Amazon Four Days After Its IPO
The market-capitalization table on the Nasdaq floor changed twice in the space of an afternoon. Around midday on Tuesday, June 16, SpaceX shares touched $225.64, briefly making the rocket company…
OpenAI’s $150 Million Bet on Partners Who Sell for It
The announcement, made Tuesday, was modest in form and large in intent. OpenAI said it is launching a partner network with an initial investment of $150 million, offering training, technical…
The World’s 500 Richest Gained $336 Billion in a Single Day
The number is so large it reads like a typo: $336 billion, added to the combined net worth of the world’s 500 richest people in a single day. It happened…
SoftBank and OpenAI Take AI Security to Japanese Companies
Masayoshi Son has spent years telling investors that AI will change everything. On Tuesday his company began selling that argument to Japanese corporations, one vulnerability at a time. SoftBank Group,…
Threads Passes 500 Million Users, Lets Them Tune Its Algorithm
The feature Meta rolled out for Threads this week reads like an answer to a question users have asked since the app’s early days: why am I seeing this? The…
SpaceX to Buy AI Coding Startup Cursor for $60 Billion
The deal came together in weeks, and it moved the way SpaceX does: fast, in-house, and with the company’s own stock as the currency. SpaceX said Tuesday it agreed to…
Morgan Stanley Says Wall Street Is Missing Meta’s AI Moat
Brian Nowak has covered Meta Platforms since it was still called Facebook. On June 6, the Morgan Stanley analyst went back to his clients with a message he has delivered…
Musk Predicts $1 Trillion in Annual Revenue for SpaceX; Analysts Disagree
On Sunday night, Elon Musk posted a number to X that made even his admirers pause: $1 trillion. By 2030, he wrote, SpaceX could reach roughly $1 trillion in annual…
