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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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 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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The AI arms race just ran headfirst into a problem Silicon Valley can't code its way out of: people who actually live places.
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Steel was the play everyone watched. Rare earths are the play that actually matters. Boston Metal raised $75M to pivot from clean steel to critical metals production using its molten oxide electrolysis tech
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Europe is finally writing checks big enough to matter in the compute wars. A European consortium is bidding on a €10 billion data center campus in France, part of the EU's push to build competitive AI infrastructure on the continent
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When 7,000 people wake up to find their job has been redefined overnight, that's not reorganization—that's industrial restructuring at internet speed.
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The same debt instruments that powered the last infrastructure boom are now fueling the AI buildout, and Wall Street just woke up to what happens when hype meets leverage.
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The company spending billions to build artificial general intelligence just decided 8,000 people aren't efficient enough to help. Meta began notifying 8,000 employees globally of layoffs Wednesday morning, starting with Asia-Pacific staff at 4 a.m. Singapore time, followed by US workers.
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The dirty secret of AI agents isn't that small models are dumb — it's that nobody built the scaffolding to keep them from falling off the tightrope.
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The world's largest memory chipmaker just gave us a preview of what happens when human labor still matters in the age of AI hardware.
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OpenAI is spending a quarter-billion dollars to build AI infrastructure where the power grid works and the government actually wants you. OpenAI commits $234 million to establish an AI lab in Singapore through a multiyear partnership with the local government
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Musk is building the agent economy in public, one acquisition at a time, and the 30-day timer starts the moment SpaceX goes public. SpaceX plans to acquire AI coding startup Cursor exactly 30 days after its public offering, signaling a shift from launch provider to software infrastructure company
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Google just announced it's generated 50 billion images with Nano Banana, and almost all of them were throwaways. Google unveiled Gemini 3.5 Flash at I/O, a model 4x faster than frontier competitors at half the cost, optimized for coding and tool use
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Big Tech just reminded every decentralized AI startup why venture capital still flows to Mountain View instead of Discord servers.
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Bitcoin miners spent years getting dunked on for burning electricity to solve math problems, and now they're sitting on exactly what AI hyperscalers will pay top dollar for: gigawatts and grid connections.
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Google just announced an AI that doesn't just think, it does, and the naming chaos around "Spark" versus "3.5" tells you everything about how fast this space is moving. Google launched Gemini 3.5 at I/O 2026, positioning it as "frontier intelligence with action" built for complex agentic workflows
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