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Achieving the largest IPO in history wasn’t the only record that SpaceX set. It’s now agreed to complete the largest acquisition of a venture-backed startup in history, its $60 billion dollar purchase of Cursor. The acquisition will make its founders billionaires, and it should provide billions in returns for investors like Thrive Capital and Accel. It also gave venture investors hope that other mega deals for startups are coming.
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The Information
Surging data centre power demands are intensifying pressure on transformer supply chains Read more ›
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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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Skipping a generation due to the RAM crisis? Sure. but killing Flip phones entirely? Oof. Read more ›
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General Intuition, a startup building what it describes as a foundation model for embodied AI, has raised $320 million at a $2.3 billion valuation on the thesis that robotics is approaching the same inflection point language AI crossed with GPT-3. The company's approach — training on millions of hours of video game data rather than real-world robot telemetry — was detailed by TechCrunch this week. Read more ›
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After recently teasing the arrival of the iQOO Z11 Lite 5G in India, the company has now confirmed the smartphone's launch date. In a post on X, iQOO India confirmed that the Z11 Lite 5G will launch in the country on July 24. The upcoming phone will succeed the iQOO Z10 Lite, which was unveiled in India in June last year. While the company has yet to reveal the phone's... Read more ›
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The following is an in-depth analysis of the fintech and wider digital economic development of African nation Sao Tome and Principe. Read more ›
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Maybe some readaptations are a good thing. Netflix's Little House on the Prairie proves why we shouldn't always write them off — but we need to be annoyed by how new episodes look. Read more ›
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A single wording mistake cost the government millions. Now Estonia is using AI to spot legal errors before they become law—and to automate more of the state. Read more ›
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A new study proposes using shoebox-sized detector satellites to sniff out nuclear weapons launched by adversary nations. The idea is aimed at addressing fears that a space-based nuclear detonation could destroy satellites across low Earth orbit and make some orbits unusable for years. Space.com shares the findings from a new paper authored by Areg Danagoulian, an associate professor of nuclear science and engineering at the Massachusetts Institute of Technology: No... Read more ›
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The person who has cooked the same five meals for thirty years isn't stuck in a rut. They've built something quieter and more durable: mastery of a small domain, and the self-respect that comes with it. Read more ›
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Ukrainian drones have been hammering Russian oil facilities and supply routes, with Kyiv's pilots reporting 360 truck attacks in one week. Read more ›
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Google Home version 4.20 adds pre-built automations you can turn on with a tap, making one of the app's most useful features easier to use for automation newbies. Read more ›
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U.S. spot bitcoin ETFs lost a net $84 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million Read more ›
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A German startup spun out of a famed Munich research university whose tech helps semiconductor firms test out products and find defects has raised €15m in equity funding. The new equity funding in Q... Read more ›
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The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times Read more ›
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Former BOJ official issues interest-rate warning as yen continues to slide against the dollar. Read more ›
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Robinhood's blockchain went live on July 1 to move stocks onchain. Its first breakout hit is a memecoin named after the mascot the company abandoned. Read more ›
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YaMon - это мини-монитор Умного Дома Яндекс (УДЯ).Идея в том, что спрашивать у Алисы про температуру на улице или уровень CO2 в комнате - быстро надоедает. Гораздо удобнее, когда есть железка с экраном и для оценки ситуации достаточно одного взгляда.Уточню, что речь именно про получение информации с реальных датчиков, подключенных к Яндекс Станции, а не про прогноз погоды.Проблема в том, что Яндекс для своего УДЯ не предлагает никакого экрана мониторинга... Read more ›
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The Information
Signs that Microsoft is open to spinning off its struggling Xbox gaming unit have put the spotlight on the tech conglomerate’s vast mix of businesses. Investors typically don’t like conglomerates, and that’s as true for Microsoft as for any other such company. We calculated what Microsoft’s three main businesses—cloud, software and personal computing—would be worth if each was trading at valuations in line with rivals in those sectors. The total... Read more ›
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Microsoft on Thursday announced the creation of a new business unit geared towards helping large customers set up customized AI applications, commercial CEO Judson Althoff announced. Microsoft is spending $2.5 billion and assigning 6,000 employees to the effort, called Microsoft Frontier ... Read more ›
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Anthropic has begun early-stage work on its own AI chip and held talks with Samsung Electronics as a potential manufacturing partner, following the lead of rival OpenAI in trying to get more control over the costly computing systems behind its models, according to three people with direct knowledge of the project. If the Claude maker goes ahead with the chip, it would be a relative newcomer in developing its own... Read more ›
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Before we get to today’s agenda, check out Phoebe’s report Wednesday night that Nvidia has launched a new program to financially backstop customers’ purchases of its AI chips. It’s yet another way Nvidia is leveraging its powerful balance sheet to keep the GPU data center party going.On to the column…As more companies reassess rising prices for advanced AI models and tokenmaxxing among their employees, model routers are having a moment... Read more ›
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Tesla’s vehicle deliveries rebounded by 25% to 480,000 in the second quarter, following a sales slump in 2025, the company said on Thursday. Out of the deliveries, 468,000 were Model 3 or Model Y vehicles, while 12,000 were other models including the Cybertruck, Model X and Model S. Tesla ... Read more ›
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OpenAI has discussed the government taking an equity stake in the company with a range of percentages put forward, according to a person familiar with the talks, who described the discussions as preliminary. The Financial Times earlier reported that OpenAI CEO had proposed a 5% stake. In a ... Read more ›
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Jay Puri, Nvidia’s top sales executive and one of CEO Jensen Huang’s direct reports, stepped down from his day-to-day role Wednesday, according to a Thursday regulatory filing. Puri, 71, told Nvidia on June 28 he intends to retire on his successor’s first day. Nicholas Parker, a longtime ... Read more ›
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Microsoft is merging the consumer and enterprise versions of its Copilot AI chatbots into a single application as it tries to create a more formidable competitor to Anthropic’s Claude and OpenAI’s ChatGPT, a Microsoft executive told staff Thursday morning. In a 1,200-word memo, Jacob Andreou, an executive vice president, said the new unified app will also feature AI coding tools and new AI agents that customers would need to pay... Read more ›
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The European Court of Justice dismissed Google’s final appeal on Thursday in an antitrust case over its Android operating system, ending an eight-year legal battle that began when the European Commission first fined the search giant in 2018. As a result, Google will have to pay 4.1 billion ($4.7 ... Read more ›
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Tesla told staff last month it would impose a $200 per week limit for staff’s AI spending beginning July 6, according to an internal memo, a sign that even companies committed to using the technology to transform their operations and products are having to watch their costs. Over the past few months, software engineers at Tesla were often consuming thousands of dollars’ worth of tokens each week, according to two... Read more ›
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09.07.2026 03:52
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