When you're already in court over your generators, the logical next move is apparently to order three billion dollars more of them. xAI is committing $2.8 billion to purchase natural gas turbines over the next three years, revealed through SpaceX's IPO filing
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Wall Street wanted another 10x hockey stick; Jensen Huang handed them a $200 billion consolation prize and a memo that reads "we're a chip company for everyone now."
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The world's biggest IPO will either prove Musk's Mars vision or expose the cost of building sci-fi infrastructure on a public market's quarterly earnings cycle.
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The world's most valuable company just learned that "good enough" doesn't fly when you've trained investors to expect miracles every 90 days.
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The richest person you've never heard of is about to materialize from Musk's orbit with a fortune bigger than most countries' GDP.
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Musk is betting $2.8 billion that AI training is worth the public relations nightmare of becoming the infrastructure everyone hates. SpaceX is spending $2.8 billion on gas turbines to power AI data centers for Grok, positioning xAI as a cloud computing player while facing carbon emission complaints.
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The GPU king just revealed it's also a venture kingmaker with $43 billion staked across the agent economy—more than most VC firms manage in their entire existence. Nvidia posted another record quarter but signaled revenue growth would decelerate next quarter
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The company building the infrastructure for every AI agent just printed $91 billion in forward revenue, and Wall Street shrugged. Nvidia beat Q1 earnings at $1.87 per share versus $1.77 expected, with Q2 revenue guidance of $91 billion against $87.4 billion estimates
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The same mathematicians who called out OpenAI's last fake breakthrough are now vouching for this one. OpenAI's reasoning model disproved the unit distance problem, a conjecture in discrete geometry unsolved since 1946
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The lawsuit that could have forced OpenAI to stay nonprofit just died in two hours of jury deliberation, and now the company that makes ChatGPT wants to hit Wall Street before anyone changes their mind.
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The company building cautious AI just bet $45 billion that Elon Musk can keep the lights on. Anthropic will pay SpaceX $1.25 billion per month through May 2029 for compute capacity at SpaceX's Colossus data centers in Tennessee, totaling nearly $45 billion over three years
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The rocket company that ate an AI lab just showed us the bill for both. SpaceX filed its S-1 paperwork, revealing $4.9 billion in losses on $18.7 billion revenue for 2025, including the February acquisition of xAI, Elon Musk's AI startup.
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Nvidia has become the world's most valuable company by selling the shovels for the AI gold rush — tonight we find out if the vein is running dry.
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The companies building the agents that might run your life can't reliably tell you who's winning an election. All four major AI chatbots—ChatGPT, Gemini, Claude, and Grok—fail to accurately answer questions about elections and geopolitics, according to a new Forum AI study
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SoftBank's founder just put more money into one AI company than he lost on WeWork—and his own people are nervous. SoftBank has committed over $60 billion to OpenAI, with founder Masayoshi Son convinced Sam Altman is leading the century's most important technology shift
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The supply chain just became the front line, and someone's finally selling defenses that work. Socket, a cybersecurity startup protecting open-source code supply chains, hit $1B valuation with their latest funding round
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The audio model wars just went local—and long. Stability AI launched Stability Audio 3.0, which generates music tracks up to six minutes long from text prompts The smaller version runs on-device and creates two-minute tracks, no cloud required
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The company that convinced the world AI was worth trillions is about to let retail investors find out if they were right. OpenAI is preparing to file for an IPO in the coming weeks, targeting a public debut in September 2026
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The machines we're building to make us richer are making money itself more expensive. Bond market indicators suggest AI investment is intensifying inflationary pressures just as Kevin Warsh takes over the Fed amid war-driven price shocks and rising yields
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The world's watching Nvidia's earnings, but one fund manager is watching who Nvidia pays. Nvidia reports Q1 earnings Wednesday, with Wall Street treating it as a referendum on the entire AI economy's health
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