Apple just handed the keys to a hardware guy right as the industry pivots to AI, and nobody's sure if that's brilliant or a decade too late. John Ternus will become Apple CEO on September 1, 2026, with Tim Cook moving to executive chairman after 15 years running a company he grew to $4 trillion.
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SoftBank is betting $10 billion it can borrow against the future of AI before that future actually arrives. SoftBank is seeking a $10 billion margin loan backed by its OpenAI shares, turning equity in the world's most visible AI company into immediate liquidity
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Strategy just added 47,079 Bitcoin in April and now holds more than Satoshi himself might by September. Strategy reported a 6.2% BTC yield and gained ₿47,079 worth $3.6 billion in April, bringing total holdings to 815,061 BTC
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SpaceX is about to pay $60 billion for a coding assistant, and the VCs who saw it coming are about to print money at a scale that will reshape how Silicon Valley thinks about AI tooling.
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AI drug design tools are flooding pharma labs with millions of molecular candidates, but nobody can tell which ones are worth synthesizing until they burn months and millions in the lab.
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Bitcoin miners are liquidating rigs and raising nine figures to chase AI infrastructure, and the market is rewarding them for it. Hive Digital raised $115 million while Keel (formerly Bitfarms) sold off mining facilities as both pivot toward AI compute
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Core Scientific just raised $3.3 billion in junk bonds to build AI infrastructure, and the fact that investors are throwing money at risky debt to power compute farms tells you everything about where the real economy is moving.
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SpaceX just told would-be investors that Elon's vision of AI data centers in orbit might be a money pit, which is a hell of a thing to admit in your own IPO filing.
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A data infrastructure company just hit a $30 billion valuation in a market that supposedly doesn't care about infrastructure anymore. Vast Data raised $1 billion in Series F funding, tripling its valuation from roughly $10 billion to $30 billion with Nvidia backing
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Two crypto miners just raised $115M and sold off assets to chase AI compute, and their stocks jumped 4% because the market knows: crypto mining was the dress rehearsal for the real show.
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The people who built Facebook's feed are now building AI to predict the future, and they just raised $50 million to do it. Sooth Labs, founded by ex-Meta engineers, is raising ~$50 million to build AI models that forecast geopolitical and market events
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China's scrappy AI lab that embarrassed Silicon Valley with cheaper models is now worth more than most enterprise software companies. DeepSeek is in talks with Tencent and Alibaba for funding at a $20+ billion valuation, according to The Information
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SpaceX just dropped $10 billion to partner with an AI coding startup most people haven't heard of, with an option to buy the whole thing for $60 billion by year-end.
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Robinhood just bought $75 million of OpenAI stock and made it available to anyone with a brokerage account, no accredited investor status required. Robinhood Ventures dropped $75 million on OpenAI, one of its largest single investments to date
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Tesla's about to post killer earnings and nobody cares because the company's valuation stopped being about cars two years ago. Tesla is expected to report a blowout earnings beat, but the market's eyes are locked on Musk's AI and robotics promises instead of the actual business numbers
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An AI just found 271 security holes in Firefox before Mozilla knew they existed, and the US government is fighting itself over whether to use it or ban it.
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The companies building the machines that build AI chips just posted a beat, and the market noticed. ASMPT Ltd., a chip equipment maker, forecast Q2 revenue above expectations, driven by semiconductor business tied to AI infrastructure
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Elon Musk just bought himself a $60 billion shortcut in the agent wars, and the price tag says everything about how far behind he thinks he is. SpaceX has struck a deal to acquire AI coding assistant Cursor for $60 billion, marking one of the largest AI acquisitions in history
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Prediction markets are worth billions, but the crypto one just got a $7 billion haircut. Polymarket is raising $400 million at a $15 billion valuation, a steep discount to rival Kalshi's $22 billion mark
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Revolut just tripled its valuation target in five months, and the gap between what crypto banks can do and what traditional banks are allowed to do has never been wider.
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