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SpaceX Acquires Cursor for $60B in Stock to Boost AI Division
The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.
Supabase Doubles Valuation to $10B in 8 Months, Boosted by AI
Supabase, an example of an open source project becoming a fast-growing company, has greatly benefited from AI tools like Claude, Codex, and other vibe-coding platforms.
IBM Whistleblower Accuses Company of Covering Up Data Breaches
IBM and two of its subsidiary companies were allegedly breached during the mid-2010s — a lawsuit filed by a former cybersecurity executive accuses IBM of not disclosing and actively covering it up.
Airbnb CEO Brian Chesky to Launch New AI Lab
The Airbnb CEO said last year it hasn't struck an LLM partnership because existing products weren't quite ready.
Alphabet Raises $85B for Google's AI: Investor Interest Soars
If Alphabet's record-breaking $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
Erin Brockovich Targets Data Center Secrecy with AI
Environmental activist Erin Brockovich has a new mission.
Anthropic AI Files to Go Public, Secures Top Enterprise Customers
Anthropic, now an AI powerhouse that has landed top-tier enterprise customers, was once considered an underdog in the emerging world of large language models.
OpenAI Preps for September IPO After Legal Win
A day after Elon Musk lost his lawsuit that threatened OpenAI's structure, leadership, and finances, OpenAI is reportedly back to prepping for its IPO.
Anthropic to Pay xAI $1.25B Monthly for Compute
Elon Musk's xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it's worth.
Anthropic Aims for First Profitable Quarter with $10.9B Revenue
Anthropic has told its investors that it will more than double revenue to around $10.9 billion in its second quarter.
Apple's New AI-Powered Accessibility Features for Vision Pro
Apple is introducing a feature to let Vision Pro control a compatible wheelchair with their eyes
Anthropic Seeks $900B+ Valuation in Upcoming AI Fundraise
Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter.
Anthropic Aims for $900B Valuation in New Funding Round
The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.
OpenAI Allowed to Sell on AWS in Microsoft Deal
OpenAI has won major concessions from its largest shareholder, Microsoft, that will allow it to sell products on AWS, while Microsoft get more cash in a revenue-share agreement.
China Blocks Meta's $2B Manus AI Deal After Probe
China has ordered Meta to unwind its multibillion-dollar Manus acquisition, dealing a potential setback to Zuckerberg’s push into AI agents.