SpaceX, Anthropic, and OpenAI’s hot IPO summer
Watch as Equity breaks down the hot IPO summer, what Google's $920M compute deal with SpaceX says about the AI infrastructure race, and more of the week's headlines.
Section
Watch as Equity breaks down the hot IPO summer, what Google's $920M compute deal with SpaceX says about the AI infrastructure race, and more of the week's headlines.
Avataar AI's distilled video model is priced at $0.005 for every second of generation.
Wits its official share pricing announcement, SpaceX's IPO has begun.
After SpaceX makes its public debut, lower-tier SPV investors face hidden fees, lengthy payout delays, and the risk of outright fraud.
The new chatbot, called Ask DoorDash, allows users to search the app for what they're looking for in their own words instead of having to scroll through restaurants and stores to build a cart.
The decision comes as India emerges as the world’s largest GCC market.
Pool's new app automatically sorts screenshots into personalized collections, tracks down the original links behind saved content, and helps you rediscover products, recipes, travel ideas, and other things you meant to revisit.
A former xAI engineer is suing the company and SpaceX, alleging he was fired for raising AI safety concerns about Grok days before SpaceX's historic IPO.
Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing.
The most AI-obsessed firms are spending roughly $7,500 monthly per employee on AI, per Ramp AI Index. That's not more than an engineer's salary — yet.
Most of the value in SpaceX's IPO is effectively a call option on the company's ambitious space data center plans.
AI coding agent startup Niteshift has raised a $7 million seed round from a who's who of angels. It's betting companies will want power over, not lock-in with model makers.
Decart is launching Oasis 3, a real-time world model that generates photorealistic driving environments for autonomous vehicle testing, now available via API for developers to build on.
The funding round was led by Norwest, with participation from S Capital VC, Cerca Partners, and Oceans Ventures. Snowflake Ventures also participated as a strategic investor.
The 168-megawatt facility will support Meta's global AI computing needs and can be expanded over time.
New research suggests that AI memory systems can degrade model performance and encourage sycophantic tendencies.
Through the acquisition, WMG aims to better track when its artists' work is used in AI-generated content or for training AI models.
Anthropic's Claude Fable 5 is going to be a big hit with the web's vibe coders.
Sandstone's Series A comes just six months after a Sequoia-led seed round.
If those same AI workloads can be handled by cheaper models without affecting quality, it would mean a massive shift in the economics of AI.
Orbital founder Euwyn Poon built 250,000 scooters at Spin. Now he wants to launch 10,000 space data centers.
Lovable says it has now surpassed $500 million in annualized run-rate revenue and its users are building businesses and replacing internal software.
Can Apple's new AI glow-up put to bed accusations that it's losing an all-important industry race?
I'm desperate for a personal AI assistant, but do I really want to become the kind of person who can't function without the friendly robot voice in my phone?
Tools for Humanity, Sam Altman's identity verification company, is reportedly struggling to generate revenue and will downsize its staff.
The vibe of Apple's 2026 WWDC keynote felt like a spouse proudly listing all the honey-do-list items tackled. One subtle example: the many AI demos of someone standing, phone in hand.
As AI experimentation grows more expensive, Apple is waiving cloud API costs for developers with fewer than 2 million first-time App Store downloads.
Apple is adding new AI-powered features to Safari, Shortcuts, and Password apps.
Apple's AI image generator is getting a makeover that could make it more competitive.
Shortcuts gets an AI upgrade, letting you describe the workflow you want in a prompt.
"If you're grabbing a bite with friends and point your iPhone at the bill, then select what you ordered to split the tab with Apple Cash," said Apple VP of Software Sebastien Marineau-Mes.
The idea behind the new "Siri AI" is to turn the assistant from a voice controlled assistant into an AI companion that can do a lot more.
The filing comes a little more than a week after its main rival, Anthropic, also filed to go public, ramping up the race between the two AI firms.
Apple spent much of its WWDC keynote highlighting fixes, performance improvements, and long-requested features before unveiling its upgraded AI-powered Siri, signaling that the company wants users to see AI as just one part of a broader effort to improve its software.
Apple's WWDC nears: Here's what you can look forward to.
A new spatial "Reframe" feature will let users use AI to adjust perspectives.
A new feature in the Amazon Shopping app allows users to generate designs with Alexa, then print them on products like T-shirts, hoodies, and tumblers.
We're likely to see more price increases as the big AI companies plan to go public.
"Chat is dead" — at least, according to a senior OpenAI employee.
Notion's head of product said he was "astonished" at “the amount of people RT-ing this."
Even with Lockdown Mode, ChatGPT could be vulnerable to prompt injections, but the goal is to reduce the likelihood that sensitive data gets shared in the process.
President Donald Trump said he's discussing deals "where the American people can benefit from the success of AI."
Krishnan is reportedly starting a new institution to continue shaping Trump's AI policy.
"The whole conversation shifted from tokenmaxxing and 'go fast' to 'we need guardrails, how do we control this?'"
In a statement, a Google representative described the deal as a result of unexpected demand for its recently launched AI products.
In the current environment, remaining heads down has diminishing returns; at some point, you have to make some noise just to remind the market you exist.
The Australian data center operator plans to set up 5GW of capacity in India.
The Airbnb CEO said last year it hasn't struck an LLM partnership because existing products weren't quite ready.
Meta may have found one way to slash its massive data center bill: tents.
Anthropic has been growing at a breakneck pace. The company announced that annualized revenue crossed $47 billion in May, up dramatically from roughly $9 billion at the end of 2025. That trajectory faces a real test, though.
Poke, the startup that lets people use AI agents through simple text messages, has become the first AI agent approved for Apple’s Messages for Business platform.
Apple's App Store generated $1.4 trillion in sales, up from $1.3 trillion last year, with $149 billion in sales for digital goods.
Creators often have to parse through charts and dashboards to understand their performance, but with the new AI assistant, they can get quick answers to questions like "When should I post?" and "What are people saying in my comments?"
If Alphabet's record-breaking $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
U.K. regulators are requiring Google offer a tool allowing website publishers to opt-out of generative AI search features. The option will be tested in the U.K. then rolled out globally.
WhatsApp will charge businesses for using its AI agent based on token usage.
Dreambeans is a curated list of AI-illustrated "stories" culled from the personal data in your Google account.
Amazon will use visual search and AI to show AI-generated product images that match your search queries. The retailer says it will help guide users to products.
Uber's cutback has occurred after the company had reportedly encouraged staff to use AI as much as possible.
As people increasingly refuse to answer calls from unknown numbers, scammers are shifting their tactics by spoofing trusted phone numbers and using AI deepfake technology to sound like authority figures, family members, or employers.
Launched at Build, Microsoft Scout is a new AI assistant meant to bring the power and flexibility of OpenClaw into the Microsoft 365 system.
The class action lawsuit, filed in Seattle by Virginia resident Charles Sigwalt, claims that Ring's Familiar Faces feature stores images of passersby without consent.
The specification lets developer, compliance, and security teams define their own policies for agents to follow in portable policy files.
Anthropic is expanding Project Glasswing, its security vulnerability program, and access to Mythos to 150 organizations across 15 countries — targeting critical infrastructure in power, water, healthcare, and communications where a cyberattack could affect 100 million people.
After industry objections, President Trump signed a revised AI executive order requiring only voluntary prerelease government reviews of advanced models.
OpenAI released a set of six plug-ins aimed at specific jobs: data analytics, creative production, sales, product design, equity investing, and investment banking. Available from within the Codex app, each of the new tools bundles integrations, instructions, and context to allow Codex to approximate a specific job.
The caveat is that one of the world's most famous living directors is using the tech solely for storyboarding.
Microsoft on Tuesday took the wraps off Adaptive Spec-driven Scoring for Evaluation and Regression Testing, an open source framework for spinning up AI evaluations.
If Nvidia has cracked a way to bring AI agents easily, safely, and usefully to the masses, it could — and should — be big.
Anthropic, now an AI powerhouse that has landed top-tier enterprise customers, was once considered an underdog in the emerging world of large language models.
"The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply," Alphabet said in its statement.
The lawsuit partially revolves around a shooting at Florida State University last year, and ChatGPT's alleged role in the incident.
Alternative search engine DuckDuckGo launches 'no AI' web extensions for Chrome and Firefox users.
The company says it needs "significant" water resources to cool its data centers, and that access to abundant, affordable water is a challenge.
WindBorne benefits from its unique combination of model-building and data collection. The company now has about 400 balloons in flight gathering sensor readings at any given time, launched from 15 sites around the globe. The advances in its current model come from improvements in how the data collected by the balloons is fed into the models.
Environmental activist Erin Brockovich has a new mission.
The golden age of Microsoft's GitHub Copilot appears to be at an end.
Meta seems to be making big bets on AI-powered hardware.
Gemini Spark helps automate everyday tasks, from inbox summaries to local event planning, but it’s unclear why Google made it a separate product.
The rise of AI has brought an avalanche of new terms and slang. Here is a glossary with definitions of some of the most important words and phrases you might encounter.
The people deciding that AI can replace your job are also the ones least likely to understand what your job truly involves, according to Box founder Aaron Levie, who pointed to this as an example of "AI psychosis.”
While AI is helping coders produce code faster, it may not be producing better code, researchers warn. And that could cause problems down the road for them.