The biggest IPO in history is a space company—and the valuation has almost nothing to do with rockets. SpaceX is raising $75 billion at a $1.75-2 trillion valuation, the largest IPO ever attempted. The company controls 51% of global orbital launches and 85% of satellites deployed in 2025.
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The world's capital just voted with its wallet: chips beat people. Taiwan's stock market surpassed India to become the world's fifth-largest, driven almost entirely by AI hardware demand
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Beijing just turned its AI researchers into flight risks who can't actually fly. China is now restricting overseas travel for top AI talent at private companies like Alibaba and DeepSeek, extending controls previously limited to state employees
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The firm that bet early on the app where millions of Americans fled when TikTok's fate looked shaky is now raising capital — and timing matters. GSR Ventures, early investor in RedNote (Xiaohongshu), is raising a new $350 million fund
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China just announced a workaround for the chip sanctions that were supposed to cripple its AI ambitions.
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The picks-and-shovels narrative just hit a $40 billion pothole, and it's not in California. Fujikura, a 141-year-old Japanese cable manufacturer, lost $40 billion in market value in a sudden selloff that rattled AI infrastructure investors globally
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When you need to multiply your infrastructure budget by seven just to keep the lights on, you're not scaling—you're chasing a runaway train. Sakura Internet may increase capital spending nearly 7x its original plan to meet AI demand in Japan
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The price war OpenAI started is now a race to zero, and a Chinese lab just made sure no one can afford to charge premium rates again.
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Australia just turned every crypto withdrawal into a paperwork exercise, and the institutional money is probably celebrating. Binance Australia will require full sender and beneficiary information for all crypto transfers starting July 1, implementing the FATF Travel Rule at the exchange level
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The world's most powerful AI companies just watched the White House blink first. Trump scrapped a planned executive order requiring government safety reviews of new AI models hours before signing, citing competition with China as justification
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The White House just discovered that AI regulation looks a lot easier from campaign stages than from the Oval Office. Trump postponed a planned AI executive order after David Sacks and other tech allies warned it would create regulatory burden that helps China more than America
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When Beijing tells you to unwind a deal, the price tag for sovereignty just became a billion-dollar line item. Manus co-founders are exploring raising $1 billion to buy back their AI company from Meta, following Beijing's demand to reverse the acquisition
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After weeks of military brinkmanship that rerouted 94 vessels and put Marines on Iranian tankers, the world's most critical oil chokepoint is about to reopen, and nobody's talking about how this will reshape sanctions evasion infrastructure.
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Alibaba just proved that the open-source honeymoon for frontier AI is over — and that China is betting on multi-day agent marathons, not chat sprints. Alibaba's Qwen3.7-Max can execute autonomous tasks for 35 continuous hours, marking a shift from open-source releases to proprietary API-only access
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Huang flew into Taipei projecting $1 trillion in revenue while Beijing banned Nvidia's gaming chips back home—a perfect snapshot of the geopolitical tug-of-war over who gets to build the agent economy.
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The GPU kingmaker just publicly told his biggest server partner to get its house in order—and that doesn't happen unless the supply chain risk is real.
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The promotional pricing was the trial balloon—now it's the new normal, and every AI lab with a premium model just lost their pricing moat.
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The government that wants AI labs to hand over models 90 days early couldn't get its own policy out the door without pulling it back minutes before signing.
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While OpenAI charges customers to fund AGI research, DeepSeek is raising $10 billion to give the work away.
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The White House just blinked first in the race to regulate AI—or maybe it decided not to race at all. Trump postponed an AI executive order after tech industry pressure about overregulation, signaling a potential shift toward industry self-regulation over federal oversight
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