EssilorLuxottica Hits 11% Growth on Meta Ray-Bans. Wall Street Yawns.
Meta's Ray-Ban smart glasses just drove the world's biggest eyewear company to its third straight quarter of double-digit growth, and the market shrugged.
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SpaceX paid $10B to kill Cursor's $2B fundraise before it started
SpaceX just paid $10 billion to stop an AI company from raising money. Cursor, the AI coding assistant, shelved a $2B funding round after SpaceX offered $10B upfront plus a path to $60B acquisition
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FTX Dumped Cursor for $200K Before $3B Valuation
The FTX estate just turned a $3 billion AI windfall into a $200,000 yard sale, and it tells you everything about how bankruptcy courts value the future. SpaceX agreed to acquire AI coding startup Cursor at a $60 billion valuation, making FTX's 5% stake worth roughly $3 billion today
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CHIP Token Proves Its Own Prediction Market Right: $300M to $830M in 48 Hours
A prediction market token just validated its own bet, jumping from $300M speculation to $830M reality in 48 hours after landing on two of crypto's biggest exchanges. CHIP token hit an $830M market cap after Binance and Upbit listings, nearly tripling the $300M FDV speculation from just days earlier
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Apple's $4 Trillion Bet: Hardware Guy Over AI Visionary
Apple just handed a $4 trillion company to a hardware engineer, not an AI visionary, and that tells you everything about how the world's most valuable tech company plans to fight the agent war.
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Microsoft Bets $18 Billion That Australia Will Win the AI Arms Race
Microsoft just bet $18 billion that Australia is the new AI frontier, and it's not about kangaroos. Microsoft commits $18 billion to Australian AI infrastructure by 2029, its largest investment in the country ever
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SoftBank Borrowing $10B Against OpenAI Stock That Doesn't Exist Yet
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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OpenAI's New Bots Work Unsupervised While You Sleep
OpenAI just made agents you can stop watching. OpenAI launched Workspace Agents, letting Business and Enterprise plan users build agents that work across Slack, Salesforce, Google Drive, Microsoft apps, and other enterprise tools without babysitting.
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Tesla's $25B AI Bet Dwarfs Every Automaker's R&D Combined
Elon Musk just told investors Tesla will spend $25 billion this year on AI infrastructure, and if you think that's about cars, you're not paying attention.
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SpaceX's $60B Cursor Bid Just Made Two VCs Unfathomably Rich
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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North Korea Drains $292M in Single DeFi Heist, Triggers $10B Panic
A nation-state just walked off with $292 million through a DeFi bridge, triggered $10 billion in panic withdrawals, and forced a Layer 2 to freeze assets for the first time in its history.
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SpaceX Bets $60B on 25-Year-Old's Startup After Its Own AI Falls Behind
SpaceX just bet $60 billion on a 25-year-old's coding startup because Elon Musk's own AI can't keep up with the competition.
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Musk Builds Anti-OpenAI Alliance With Mistral, Cursor, SpaceX
Musk is assembling an AI coalition to chase down Anthropic and OpenAI, and he's shopping for allies in Paris. xAI has explored a three-way partnership with Cursor and French AI startup Mistral to compete against Anthropic and OpenAI
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SpaceX's Own IPO Filing Calls Musk's Orbital AI Plan a Risk
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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Vast Data Hits $30B Valuation While Everyone Else Cuts Cloud Budgets
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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Google Bets Billions on Mira Murati While OpenAI Watches
Mira Murati just signed a multi-billion-dollar infrastructure deal with Google, and it tells you everything about who's building the agent future and who's just renting the hardware.
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GSR Bets $3B Liquidity Empire on Three-Token ETF Nobody Asked For
The market maker that helped build crypto's plumbing just launched a product to make it boring, and that's exactly the point. GSR launched the Crypto Core3 ETF (BESO), now trading on Nasdaq with active management across Bitcoin, Ether, and Solana.
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Google Bets $100B Cloud Business on AI Agents Nobody Asked For
Google just dropped its bet on the agent economy, and it's not trying to sell you chatbots. Google released new tools for building AI agents designed to automate business tasks, directly challenging OpenAI and Anthropic in enterprise automation
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SpaceX Bets $60B on AI Startup Nobody's Heard Of
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 Opens $75M OpenAI Stake to Retail Investors
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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