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Starcloud, a two-year-old startup building orbital data centers, has told investors it’s in talks to raise at least $200 million at a valuation of around $2.2 billion after the investment, according to a person involved in the deal.
The discussions come just one month after Redmond, Wash.-based Starcloud said it raised $170 million at a $1.1 billion valuation including the investment, which was co-led by early-stage firm Benchmark and private equity firm EQT. The startup’s funding target, following so clos
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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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Elon Musk reflects on advances we've made in the 21st century and how, in times gone past, they would be considered "indistinguishable from magic" Read more ›
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GSS Audio's innovative transducer can put the power of a 10-inch sub in a box the size of a microwave dinner — and it's designed to work in soundbars or wall-mounted speakers too. Read more ›
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Visa is integrating its payment network with ChatGPT so AI agents can shop and complete purchases on users' behalf. "It means AI agents can not only recommend products but complete the purchase on the user's behalf, at potentially any merchant that accepts Visa," reports the Associated Press. "The payment network's previous attempts at this technological leap were confined to a single retailer or a small set of enrolled merchants." From... Read more ›
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Typing a few letters and numbers into my web browser, I find myself gaping at the identity documents of complete strangers. The passport of a young woman from Germany. The passport of a man from Spain with glasses resting on his head. The front and back of another man's driver's license, a stereotypically goofy expression […] Read more ›
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From fitness trackers to sensory technology, a growing category of devices is exploring how personalized guidance may fit into everyday wellness routines A decade ago, most wellness products asked people to follow the same routine. Download the app, follow the plan, and hope it works. That approach reflected how many health and wellness products were […] Read more ›
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Последние пару лет, кажется, невозможно поговорить об AI в разработке, чтобы разговор не упирался в тему производительности.Отовсюду постоянно вылезают новые истории успеха. Кто-то показывает, как сократил время разработки в несколько раз. Кто-то рассказывает, что теперь пишет за день столько кода, сколько раньше писал за неделю. Иные вообще собирают полноценный продукт за выходные и искренне не понимают, почему раньше на это уходили месяцы. Честно говоря – раньше читал, но в последнее... Read more ›
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Trump administration officials have directed the Center for AI Standards and Innovation to stop publishing reports of its AI model reviews. Read more ›
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Today, AT&T announced Unlimited Day Pass, a new daily plan for iPads with cellular connectivity. It's a no-contract, no-subscription affair - you just pay for a daily pass each day you need it. You get unlimited data for $3 per day. Your first day pass is free courtesy of AT&T (only one per customer). This works by using the eSIM functionality on your cellular-capable iPad. To use Unlimited Day Pass... Read more ›
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Oracle reported 21% higher revenue of $19.2 billion in the three months to May, its final quarter for its fiscal year. The growth rate was slightly slower than the previous quarter although on a constant currency basis—adjusting for foreign exchange changes, Oracle’s growth rate ... Read more ›
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Ordering more widebodies would allow American to invest in more international growth — a key market that has fueled the profits of chief rivals Delta and United. Read more ›
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Microsoft's Xbox division will be hit with significant layoffs next month, according to people familiar with Microsoft's plans. The company has been preparing for the layoffs internally for weeks, with Xbox CEO Asha Sharma hinting about "making hard choices" last month. Sources suggest the cuts could even involve a studio closure, or changes to the […] Read more ›
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Hackers routed a multi-stage malware campaign through Google's ad infrastructure, using dynamic branding and in-memory execution to evade detection entirely. Read more ›
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Computex 2026 made the budget Windows laptop space feel exciting again, with Dell and Acer showing premium-feeling machines that directly challenge Apple’s MacBook Neo. Read more ›
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The most affordable Kindle Scribe is finally on sale at $429.99, and Amazon has also launched the new Story So Far AI reading feature on all modern Kindles. Read more ›
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Take a turn around a factory floor today, and you’ll find assembly lines studded with some of the world’s most sophisticated robotics operating inside digital architectures that haven’t fundamentally changed in decades. At the same time, however, manufacturers are trapped in what experts call a ‘value void,’ investing huge amounts of time and resources into ... Read more ›
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The Information
Broadcom reported 48% higher revenue for its second fiscal quarter, ended May 3, as its AI chip revenue jumped 143% to $10.8 billion. Overall revenue of $22.187 billion was roughly in line with the company’s projection issued in early March. Broadcom has benefited from growing efforts by ... Read more ›
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Apple is currently on track to launch its overhauled Siri in September, to run in part on Google’s cloud computing servers using Nvidia chips, according to people familiar with the matter. While Apple will try to run as much as possible of the new Siri on devices such as iPhones, certain parts ... Read more ›
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SpaceX plans to sell 555.6 million shares at an expected price of $135 each when it goes public, the company said in a securities filing on Wednesday. SpaceX is expecting to raise $75 billion, more than twice as much as any other IPO in history, at a valuation of $1.77 trillion. Setting an exact ... Read more ›
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It's no secret that criminals are using AI to streamline computer hacks in hopes of emptying out people’s bank accounts (never has it looked more appealing to stash cash under the mattress!). Cybersecurity executives, meanwhile, are rubbing their hands with glee at the influx of business they expect to get as a result. “What I see is AI driving structural demand for cybersecurity that compounds, not decelerates,” said CrowdStrike CEO... Read more ›
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Benchmark has raised two new funds, one of which will invest in later-stage startups, breaking with the firm’s tradition of exclusively backing early-stage companies. The firm will invest in those more mature companies through a $1.25 billion fund and earlier ones through a $750 million fund, ... Read more ›
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Meta Platforms is considering charging up to $200 a month for its planned consumer version of the OpenClaw AI agent tool, The Information reported, an ambitious target that would rival top tier offerings from established AI giants. The product, currently called Hatch, could launch with ... Read more ›
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Helion Energy, a nuclear fusion startup backed by OpenAI’s Sam Altman, still has to prove it can produce electricity to serve data centers and other customers. But investors seem confident it can deliver. The Everett, Wash.–based company said it has raised $465 million in a funding round led by Thrive Capital, the investment firm founded by Josh Kushner, a big backer of OpenAI. Helion’s valuation after the investment was $15.5... Read more ›
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The billionaire co-founder of Databricks and Perplexity AI, Andy Konwinski, is singularly focused on plugging the years-long drain of talent from academia to Big Tech.He wants to encourage academics to focus on publishing more openly available research, a reaction to the move by frontier AI companies to reduce the amount of AI research they publish as they race against one another to develop the best models and AI tools. While... Read more ›
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Pinterest said it would spend $4 billion on Amazon Web Services infrastructure through 2031, the largest infrastructure commitment in the company’s history. As part of the deal, Pinterest will use AWS’ Trainium chips for AI workloads and expand its use of Amazon’s CPU Graviton. Pinterest has ... Read more ›
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Two members of Congress released a sweeping discussion draft for an AI regulatory framework on Thursday, proposing a bipartisan federal approach ahead of November’s midterm elections. Led by Reps. Jay Obernolte (R-Calif.) and Lori Trahan (D-Mass.), the bill represents the latest Congressional ... Read more ›
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10.06.2026 18:19
Last update: 18:11 EDT.
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