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Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion of stock from current and former employees, part of a series of moves leading up to the company’s initial public offering that increased his sway over the company.
The large secondary stock purchase was made through the mega-billonaire’s trust. It was disclosed in a draft of SpaceX’s confidential IPO prospectus. The document also revealed a new plan to award Musk with tens of millions of shares if SpaceX’s market cap increases by.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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The following is the fintech, digital and wider economic development overview of the Caribbean nation of 75,000 inhabitants of Dominica. Read more ›
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I’ve been thinking about a pattern I’ve noticed over the years. Through running a language school, working in finance, entrepreneurship and now writing, I’ve crossed paths with a lot of people. Some keep climbing. Some stay stuck. And it took me far too long to figure out what actually separated them. I’d argue wasn’t talent. ... Read more Read more ›
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The bloody violence of 'Mortal Kombat 2' made money, but got overwhelmed by fashionable devils and musical icons. Read more ›
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At Zero Day Con 2026 in Dublin, the atmosphere of excitement around AI’s cybersecurity potential was matched by a growing conviction that resilience is now the name of the game. Cyber threats have evolved into something faster, more adaptive and far more sophisticated than many organisations are prepared for. The battlefield is changing in real […] Read more ›
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A new collaboration with Alphabet’s Wing will only deliver sandwiches. It demonstrates the tricky parts of taking to the sky. Read more ›
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Venmo is starting to test a big redesign of its app, and as part of the changes, it will be implementing a major new privacy measure: the onboarding process for new users will set their posts to only be viewable by their friends by default instead of being public. It's a notable update for a […] Read more ›
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Orders for Arm's AGI CPU double to $2 billion over the next two years in 1.5 months. While will not make Arm a major supplier of data center CPUs, it will make it a strong contender. Read more ›
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![[Перевод] Доставка со скоростью инференса](https://times42.com/media/4/9/9/12410499_640x200.jpg "[Перевод] Доставка со скоростью инференса")
Это перевод статьи Питера Штайнбергера (@steipete), того самого автора OpenClaw, которого недавно купили в OpenAI – "Shipping at Inference-Speed". Этот пост, как мне кажется, спустя полгода после публикации читать только интереснее – потому что то, что он описывает как первые впечатления и вау-эффект от работы с агентами для производства кода, а так же методы для работы с ними – сейчас уже в мейнстриме. Если вы активно пользуетесь агенсткими системами в... Read more ›
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Repeated delays, many outside its control, have kept Riyadh Air as a glamorous brand rather than a working airline. The U.S. permit filing is a tangible step toward actually getting into the skies. Read more ›
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Uber’s latest product push makes more sense when viewed less as a travel announcement than as a defense of the app itself. At its annual GO-GET event, the company said U.S. users can now book hotels inside Uber through an Expedia Group partnership, with the selection expected to grow to more than 700,000 properties worldwide. ... Read more Read more ›
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What do you get when you cross a boy-killing villain, a loyal best friend and the faintest hint of lesbianism? Classic horror movie Jennifer's Body, which is now on Netflix. Read more ›
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Filling up with lower-octane gas will cost less at the pump, but this Hellcat owner found that it may come with some undesirable side effects. Read more ›
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Circle Internet Group has raised $222 million in a presale of Arc, the native token tied to its new blockchain network, giving the project a fully diluted valuation of $3 billion, according to a CNBC report. The move shows how ... Read more ›
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Chinese social media giant Kuaishou Technology is planning to spin off its Kling AI video business ahead of an initial public offering next year, in an attempt to capitalize on investors’ appetite for AI stocks, according to two people with knowledge of the plans. Kuaishou has held talks with potential investors for a pre-IPO funding round that values Kling at $20 billion, the two people said. Kling develops AI video... Read more ›
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Beth Dutton and Rip Wheeler's Yellowstone spinoff series is finally happening, people. But when do Dutton Ranch episodes 1 and 2 land on Paramount+? Read more ›
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Grand Games, a mobilegaming company focused on hybrid casual titles, has raised $70 million in aSeries B funding round, bringing the company’s total funding to $103 million.The round was led by Balder... Read more ›
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The Information
Some enterprise software companies are worried enough about customers using AI agents to access their data that they’re planning to install tollgates to their apps. And then there are software companies like SAP. Last month, the $200 billion German firm published a policy document for customers, suggesting it would ban them from using external AI agents to access data they store in SAP apps without the company’s official endorsement. SAP... Read more ›
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When Cursor agreed to a $60 billion conditional takeover offer from SpaceX last month—the purchase isn’t definite—some of Cursor’s rivals expected the coding startup to work with SpaceX’s xAI unit to develop new models, specifically for coding.That’s not happening anytime soon, apparently. Cursor doesn’t currently plan to codevelop coding models with xAI and is focused on improving its own model, Composer, which is powered in part by Chinese model Kimi,... Read more ›
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Good morning! Anissa here. We’ve been tracking Google’s effort to expand the reach of its tensor processing units for quite a while, and two developments last week helped us understand where things are actually headed.On one hand, Google said on its earnings call that it plans to sell its TPUs directly to customers for use in their own data centers—something we first reported last fall. The move marks a significant... Read more ›
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OpenAI President Greg Brockman said his stake in the startup he cofounded is worth close to $30 billion. His comment came in response to questioning from a lawyer for Elon Musk as Brockman began his testimony in the trial over Musk’s lawsuit alleging breach of charitable trust at OpenAI. The ... Read more ›
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OpenAI has raised $4 billion from 19 private equity firms and consultancies including TPG, Brookfield Asset Management, Bain Capital and Advent for a new company that will employ specialized tech consultants to help the PE firms’ portfolio companies integrate AI, according to a person with ... Read more ›
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Pinterest’s revenue growth accelerated to 18% in the first quarter, lifting its topline to $854.9 million, the company said Monday afternoon. The digital bulletin board firm said its monthly active user count grew 11%, down a slightly slower growth rate than the fourth quarter. U.S. users grew ... Read more ›
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Cisco announced its intent to acquire Israeli cybersecurity startup Astrix, confirming The Information’s report from April. The company didn’t announce an acquisition price. The Information reported that Cisco was in talks to acquire Astrix for between $250 million to $350 million, at least a ... Read more ›
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The White House is rethinking its approach to AI oversight as models grow more powerful, according to the New York Times, which reported on Monday that the administration is weighing new review processes, including an executive order that would bring together industry executives and government ... Read more ›
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Palantir reported revenue grew 85% to more than $1.6 billion in its March quarter—a 15% uptick from last quarter—and raised its full-year projection to 71% growth, from the 60% it issued a few months ago. Palantir is continuing to benefit as more U.S.-based companies and U.S. government agencies ... Read more ›
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Sierra, a three-year-old startup that makes agents for managing client relationships, said Monday it is raising $950 million in a funding round led by Tiger Global Management and Google Ventures, valuing the AI customer service startup at over $15 billion including the investment. The new ... Read more ›
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11.05.2026 08:12
Last update: 08:06 EDT.
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