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Elon Musk and Sam Altman don’t often see eye to eye, as they made clear in their recent legal dispute. But when it comes to making outlandish projections about future growth, the two men seem to share a common philosophy.As we reported earlier on Thursday, SpaceX’s lead bank on its upcoming IPO, Goldman Sachs, has told investors it expects SpaceX’s revenue to hit $474 billion by 2030, from $18.7 billion last year. That’s even more ambitious than OpenAI’s projection—which we reported in February—that its rev
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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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SpaceX deorbiting satellites isn't a cause for worry, but scientists are still looking into the environmental impacts of frequent satellite deorbits. Read more ›
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Back in 2022, the EU prepared new legislation that will bring back user-replaceable batteries on electronic devices. This will go into effect in February 2027, but some companies are already making the jump – for example, Nintendo released a special Switch 2 with a replaceable battery. But what about devices where having a replaceable battery might affect features such as water resistance? Well, the EU just added several exemptions just... Read more ›
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Today, Verizon told 274 corporate stores that it will sell them off to authorized dealers and around 2,500 employees will be impacted. Another 500 corporate employees were also let go. It’s the latest in heavy-handed restructuring moves since new CEO Dan Schulman took over in October of last year. He previously sold off 179 corporate... Read the original post: Verizon Sells Hundreds of Stores, 3,000 Jobs Impacted Read more ›
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Russia appears ready to launch more Rassvet satellites, advancing plans for a 318-satellite communications constellation expected by 2028. Read more ›
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Google is renaming NotebookLM to Gemini Notebook, but will keep it a standalone app even as it ties more closely into Gemini and Google Search. "Google says it plans to bring notebooks to AI Mode, its chatbot-like experience in Search, too," reports The Verge. From the report: Along with the name change, Google is rolling out an update announced last month that allows Gemini Notebook to connect to a secure... Read more ›
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Volkswagen is another automaker taking a step into the robotaxi arena with the launch of its pilot service in Germany. Read more ›
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Sunday Robotics, a $1.15 billion startup, will place Memo robots in homes through a beta program this fall. Read more ›
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Suno has previously faced criticism for building an AI song creator on copyrighted works, and here's more evidence. Read more ›
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The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives. Read more ›
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The Odyssey IMAX 70mm screenings can only happen in 40 theaters worldwide — but why do we suddenly think that IMAX is lying about creating new projectors? Read more ›
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Studio Ghibli alumni SASAYURI's debut anime feature, based on Machiko Kyo's josei manga, hits theaters on September 4. Read more ›
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'Microsoft continues to deploy harmful design to undermine people's browser choice': Mozilla report concludes that Windows still isn't a level playing field. Read more ›
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New York Governor Kathy Hochul might have just signed a moratorium on new AI data centers in the state, but she's not against using the technology herself. During an interview with Bloomberg's Odd Lots podcast, Hochul said that her team is using "AI to analyze every single rule, regulation, [and] policy" to check for outdated […] Read more ›
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Incoming Brussels Airlines CEO Lorenza Maggio oversaw ITA Airways’ merger into Lufthansa Group, which was one of the fastest integrations in the company’s history. Read more ›
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Sometimes it feels like keeping your floors clean is one of those never-ending chores, which is why it's nice to have a versatile robot vacuum take it off your hands. The Ecovacs Deebot X11 robovac / mop hybrid is designed to do just that, and it's now $699 ($400 off) at Amazon and directly from […] Read more ›
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The Information
Meta Platforms said it is making its newest AI model available to developers through an application programming interface, looking to sell access to its AI for the first time after pivoting away from open source AI. Meta on Thursday said the new model, Muse Spark 1.1, improves on the previous ... Read more ›
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Anthropic’s Long-Term Benefit Trust, the group charged with appointing new board members for the company, named former chair of the Federal Reserve Ben Bernanke as its fourth member on Thursday. Bernanke’s naming fills a key opening on the trust, which still has one of five seats ... Read more ›
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OpenAI, as part of its effort to attract more business customers, announced a new agent—called ChatGPT Work—which taps into corporate data to automate the creation of spreadsheets and presentations, and can also handle more complex tasks like updating financial forecasts and conducting ... Read more ›
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Cursor is developing a general-purpose AI agent meant to compete with popular tools like Anthropic’s Claude Cowork, two people familiar with the project said, part of a broader push by the company to diversify beyond coding-focused tools. Work on the new agent began after Cursor started leasing compute capacity in April from SpaceX’s AI unit, known as SpaceXAI, the people said, and comes ahead of SpaceX’s planned $60 billion acquisition... Read more ›
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Coinbase said Chief Legal Officer Paul Grewal will step down after nearly six years at the firm. The company will name Molly Abraham, vice president of legal, as its general counsel and secretary. “Now is my time for new adventures,” Grewal said in a tweet Thursday. At Coinbase, he fought ... Read more ›
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Lancium, a power infrastructure developer behind OpenAI and Oracle’s data center campus in Texas, is in talks with major tech companies to sell a minority stake, according to people familiar with the matter. Lancium’s portfolio of gigawatt-scale Texas campuses has drawn interest from several tech companies, including Nvidia, some of the people said. Anthropic spent some time with Lancium’s team, though its discussions were exploratory and it didn’t ultimately engage... Read more ›
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A $26 billion U.S. stock offering by South Korean memory chip giant SK Hynix looks likely to benefit from colossal investor interest in the hardware companies powering the AI boom. At least one smaller tech manufacturer is angling to take advantage of the investor frenzy. ScaleFlux, a 12-year-old startup that designs memory controllers and storage drives used in AI data centers, wants to go public as soon as this fall,... Read more ›
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Data labelling startup Mercor said Thursday it had bought Deeptune, which designs reinforcement learning environments, or simulated spaces that helps teach AI models how to operate and act. Mercor pays contractors, often with domain expertise in fields such as physics and finance, on an hourly ... Read more ›
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Fidji Simo is stepping down from her role as CEO of AGI deployment for OpenAI amid her battle with a chronic illness, the longtime tech executive said on Thursday. Simo said in a post on X that she will transition to being a part-time advisor to OpenAI. Her announcement extends a vacancy in the ... Read more ›
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The AI laggards are going on the offensive! Meta Platforms on Thursday unveiled its latest AI model, Muse Spark 1.1, a day after SpaceX’s AI unit introduced a new model of its own. Like SpaceX, Meta claimed its new model delivers performance comparable to that of established models from AI labs such as OpenAI, Anthropic and Google. We’ll have to wait a few days to see whether developers agree. (Meanwhile,... Read more ›
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16.07.2026 14:41
Last update: 14:35 EDT.
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