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Good morning! When Elon Musk tweeted details about SpaceX’s agreement with Anthropic late last month, saying the business deal was less durable than advertised, many investors and commentators seized on the fact that the details weren’t in the company’s initial public offering prospectus filed with regulators.They were right to point that out, of course. Details of that nature—for instance, that SpaceX was guaranteed 180 days of revenue—should have been in the prospectus from the start. (SpaceX later update
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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 California-based startup enters a crowded headphone market with a $399 chiseled-aluminum gamble. Read more ›
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A judge blocked Trump's plans to limit eligibility for the Public Service Loan Forgiveness program one day before it was set to take effect. Read more ›
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The Secret Service isn't abiding by its own guidance, and it could be putting lives at risk. Read more ›
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AirDrop and Quick Share flaws put five billion devices at risk from 30 meters away, researchers have found. Read more ›
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The crypto wallet is doubling down on perpetual futures after hiring the builders behind one of Hyperliquid's highest-profile market experiments. Read more ›
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California's Protect Our Games Act, which would require publishers to warn players before shutting down paid online games and offer refunds or continued access, failed to advance after a state Senate committee vote. Four state senators voted in favor, three voted against, and four abstained. Engadget reports: The committee unanimously voted in favor of granting the bill reconsideration, meaning it could come back before this group of state senators. Assemblymember... Read more ›
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Bones Film's take on Joumyaku and Mizuki Yoda's shonen romp turns modern dating chaos into an irresistibly charming, riotous battle anime you can't help but love. Read more ›
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Claude Sonnet 5 delivers impressive agentic capabilities at a relatively low cost. It’s also really bad at cybersecurity—probably for the reason you’d expect. Read more ›
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Depending on your towing needs, it might be worth getting a factory tow package, but many drivers are well-served by an aftermarket hitch. Which do you need? Read more ›
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A new report examines whether super-heavy launch vehicles will ultimately be a bust for the space industry. Read more ›
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Tenor still connects to Google apps, but other platforms must look elsewhere for GIFs. Read more ›
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OASIS has unveiled the OASIS 1 smart ring, featuring a built-in microphone and miniature trackpad that lets users whisper text instead of typing. Read more ›
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If you want to monitor your heart rate and more while you exercise, these are the chest strap heart-rate monitors you'll want to consider. Read more ›
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The Information
Walmart’s $1.4 billion purchase of New York–based advertising technology startup Vibe on Tuesday is a reminder of how serious the retail giant is about building its ad business.Walmart is paying a big price for Vibe, which helps small businesses buy ads on streaming platforms and will allow Walmart to reach more advertisers looking to buy spots on its site. The $1.4 billion price, which includes a $180 million executive retention... Read more ›
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XLight, a startup developing advanced lasers for semiconductor manufacturing, is in talks to raise $350 million in funding from a pair of investment firms just weeks after receiving substantial investment from the U.S. Department of Commerce, according to the company’s verbal and written pitch to prospective investors. The company wants to reduce the cost and time needed to make the most advanced AI server chips by developing an alternative approach... Read more ›
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Here’s a suggestion for Mark Zuckerberg: Maybe you should ditch AI model development and spend even more on smart glasses! Meta Platforms on Tuesday unveiled its latest selection of smart glasses, devised with eyewear giant EssilorLuxottica, and it’s hard not to be impressed with the way they look. Meta would seem to have more chance of succeeding with smart glasses than beating the leading AI labs in developing state-of-the-art models.... Read more ›
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Alibaba Group has sued the U.S. Department of Defense, seeking to be removed from the Pentagon’s blacklist of Chinese companies with alleged military ties. In a federal complaint filed in California, Alibaba said the Pentagon’s label has “no basis in fact or law” and was imposed “without notice ... Read more ›
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SpaceX’s xAI is doubling down on video- and image-generating tools, people familiar with the project said. That’s seizing on an opening left by OpenAI and Anthropic, which offer fewer visual capabilities. XAI launched an upgraded video model last week, highlighting how it’s pushing ahead with its own visual efforts even as it brings in outside help to compete with rivals in areas like coding. SpaceX also touted the popularity of... Read more ›
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OpenAI and Broadcom unveiled a new chip the two companies have developed for inference, a big step forward in OpenAI’s effort to reduce its reliance on Nvidia chips and control its own hardware. The companies are calling the new chip Jalapeno, and they said in a blog post that “early ... Read more ›
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By some accounts, the compute crunch of 2026 has become even more dire than the chip crunch of 2023, which saw even venture capital firms becoming quasi-cloud providers temporarily. That’s good news for a subclass of firms that popped up to rent out computing power and help developers run open-source models to power applications. Some people call them compute resellers or inference providers.Most of these firms rent out Nvidia-powered servers... Read more ›
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Ornn, a startup that tracks the cost of AI tokens and computing power, raised $33 million in a funding round led by Andreessen Horowitz. The money will be used to build a marketplace for trading compute, executives at the company told Bloomberg. Ornn is one of several companies seeking to turn ... Read more ›
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Qualcomm has agreed to pay around $3.9 billion in stock for Modular, a software startup that allows developers to write software to run on different chips without having to rewrite the code for each chip. The deal price, based on Qualcomm’s last closing price on Tuesday, more than doubled the ... Read more ›
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Since the start of the year, cities, towns, counties and states across America have slammed the brakes on allowing new data centers in their backyards. By exhaustively combing through a combination of legal documents and local news reports, The Information has identified more than 300 temporary and permanent bans on data center development that state and local governments throughout the U.S. have passed since 2023, and over 75 more under... Read more ›
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30.06.2026 17:23
Last update: 17:15 EDT.
News rating updated: 00:12.
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