SpaceX’s long-awaited arrival on public markets is already rewriting the record books. Shares of Elon Musk’s rocket company jumped 17% as trading began Friday, lifting SpaceX’s valuation above $2 trillion and turning its Nasdaq debut into one of the biggest ... Read more ›
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Safe Superintelligence (SSI), the AI startup co-founded last year by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of at least $20 billion, Reuters reported, citing four sources familiar with the matter. The ... Read more ›
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Elon Musk has exposed what he claims to be a massive $100 billion in wasted taxpayer money within Medicare and Medicaid, calling it the “epicenter of fraud.” “This is where the big money fraud is happening,” Musk tweeted, as his ... Read more ›
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Scaling a startup is a delicate balancing act. Growth requires investment, but spending recklessly can lead to unnecessary burn and financial instability. The key to sustainable scaling is knowing where to allocate resources efficiently while avoiding waste. Many startups spend ... Read more ›
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Just days after SoftBank and OpenAI revealed a $3 billion AI partnership in Japan, CNBC reports that SoftBank is close to finalizing a massive $40 billion primary investment in OpenAI. This would place OpenAI’s value at a staggering $260 billion ... Read more ›
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Just two months after its successful debut, Chinese AI startup DeepSeek has skyrocketed to become the world’s second most popular AI chatbot. According to website tracking firm SimilarWeb, DeepSeek.com now sees more daily visits than Google’s Gemini and Character.AI. This comes ... Read more ›
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With the surge of generative AI, moving machine learning models from development to production has become a bigger challenge. Enterprises face issues like governance, data privacy, and rising infrastructure costs—especially with GPU orchestration and scaling models—which slow down innovation. Now, ... Read more ›
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John Schulman, a co-founder of OpenAI, has left Anthropic less than a year after joining the artificial intelligence startup. The company confirmed his departure late Wednesday. “We are sad to see John go but fully support his decision to pursue ... Read more ›
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Teladoc Health is acquiring Catapult Health in an all-cash deal worth $65 million to strengthen its early detection capabilities for health conditions. The virtual care provider announced the acquisition on Wednesday, with the deal expected to close in the first ... Read more ›
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Cherry Ventures, a Berlin-based venture capital firm, has secured $500 million to invest in early and late-stage European startups. The firm announced the new capital on Wednesday, noting that the funds will be split between its flagship early-stage investments and ... Read more ›
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ByteDance, the parent company of TikTok, has introduced OmniHuman-1, an AI model capable of transforming a single image and an audio clip into stunningly lifelike human videos. The level of realism is so precise that distinguishing its output from actual ... Read more ›
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On Monday, Elon Musk took aim at the U.S. Agency for International Development (USAID), calling it a “criminal organization” that should “die.” His comments followed reports that the Department of Government Efficiency (DOGE) team accessed the agency’s systems and uncovered ... Read more ›
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General Motors is cutting about half of the remaining staff at its now-defunct Cruise robotaxi division. The decision follows GM’s announcement two months ago that it would stop funding Cruise after investing more than $10 billion since acquiring it in ... Read more ›
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Apple has launched Apple Invites, a new iPhone app for creating and managing event invitations. The app makes it easy to organize gatherings, track RSVPs, and share photo albums and music with guests. Apple Invites is the newest addition to ... Read more ›
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Grubhub has confirmed a data breach that exposed user and merchant information after attackers gained access through a third-party service provider. The company hasn’t disclosed how many people were affected but acknowledged that personal details were compromised. “Our investigation found ... Read more ›
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Shopblocks, a UK-based digital commerce startup, has secured £2 million in fresh funding as it rebrands to Symphony Commerce. The investment comes from NPIF II – Mercia Equity Finance, managed by Mercia Ventures, as part of the Northern Powerhouse Investment ... Read more ›
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StackAdapt, a Canadian startup specializing in native advertising, has landed $235 million in equity funding. The round was led by Teachers’ Venture Growth (TVG), the late-stage venture arm of Ontario Teachers’ Pension Plan (OTTP), with participation from Intrepid Growth Partners ... Read more ›
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SailPoint, a cybersecurity firm specializing in identity and access management, is gearing up for a return to the public market with an IPO that could value the company at $11.5 billion. This move comes nearly three years after Thoma Bravo ... Read more ›
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Deel, a payroll and human resources startup founded by MIT alumni Alex Bouaziz and Shuo Wang, has hit an annual revenue run rate of $800 million, according to a report by CNBC. The company is now preparing for a potential ... Read more ›
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Chinese AI startup DeepSeek has shaken up the industry. Its open-source model, DeepSeek-V3, is outperforming leading U.S. models—all while using less advanced chips and consuming less energy. This success is forcing OpenAI to reconsider its stance on open-source AI. OpenAI’s ... Read more ›
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SoftBank CEO Masayoshi Son is partnering with OpenAI’s Sam Altman to launch a joint venture in Japan. Announced Monday, the initiative, named SB OpenAI Japan, will offer AI services to corporate clients. This follows last week’s reports that SoftBank was ... Read more ›
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19.06.2026 06:39
Last update: 06:30 EDT.
News rating updated: 13:30.
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