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New SpaceX Numbers Show Reliance on StarlinkExclusive

New SpaceX Numbers Show Reliance on Starlink

A new set of numbers for Elon Musk’s SpaceX makes it clear that the success of its potential initial public offering will depend on investors embracing the growth of the company’s Starlink satellite internet business. The other two businesses inside SpaceX—rocket launches and AI—are burning cash and not generating the kind of growth that makes investors willing to pay the staggering valuation Musk is seeking, according to previously unreported financial figures viewed by The...

Thinking Machines Hires Founders of Personalized AI Startup Workshop Labs

Thinking Machines previously released Tinker, software for customizing AI models.

Dell, HP Shares Drop After Nvidia Denies Takeover Report

The report said Nvidia had been negotiating to buy a large PC maker.

OpenAI Memo Says Microsoft Limited Business

The forthcoming OpenAI-AWS joint product has raised concerns among senior Microsoft executives that it could run afoul of OpenAI’s deal with Microsoft.

Tether Hires JPMorgan Executive for U.S. Stablecoin Expansion

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Altman Addresses Home Attack

In a personal blog post, Altman noted rising criticism of the AI industry.

OpenAI Stargate Execs to Join Meta’s New Compute Unit

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Stay ahead of the AI infrastructure wars. Anissa Gardizy and Ann Davis Vaughan cover how tech titans are disrupting the energy sector and becoming accidental industrial giants to compete on the AI model battlefield.

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CoreWeave Strikes Multi-Year Deal with Anthropic

CoreWeave says it will provide compute to Anthropic starting later this year

Hong Kong Approves StanChart-Led Group, HSBC to Issue Stablecoins

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Tesla Can Sell Driving Software in Netherlands in Step Toward EU-Wide Sales

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Powell, Bessent Said to Invite Bank Leaders to Discuss Anthropic’s Mythos

Anthropic has said the unreleased model has already found thousands of high-severity vulnerabilities.

Exclusive: Meta Reassigns Engineers to Improve AI Models

The moves are aimed at helping Meta bring its models to state-of-the-art performance more quickly and “compete in the AI race.”

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