Anthropic IPO Valuation Hinges on Massive 2028 Revenue Forecast
Wall Street is projecting Anthropic's valuation based on its forecast of up to $200 billion in revenue by 2028 as the AI company prepares for an IPO.
SpaceX Officially Closes $60 Billion Cursor Acquisition
SpaceX has completed its acquisition of AI coding startup Cursor, integrating the team into its AI division to advance autonomous space technologies.
US Regulator Approves Bank Charter for Trump-Backed Crypto Company World Liberty Financial
A U.S. regulator has granted a bank charter to World Liberty Financial, the cryptocurrency venture supported by former President Trump.
Anthropic Revenue Jumped 14 Times in Second Quarter
Anthropic reported its revenue surged 14-fold in Q2 2026 while turning profitable, boosting its IPO prospects amid booming AI demand.
Alphabet's SpaceX Bet Grows 100-Fold Over a Decade to $94 Billion
Alphabet's investment in SpaceX has increased dramatically to $94 billion, reflecting strong growth in the space exploration sector.
Nvidia Scales Back Funding Guarantee for Ohio OpenAI Data Center
Nvidia has reduced its funding commitment for the massive OpenAI data center project in Ohio as AI infrastructure costs escalate.
China’s Z.ai Touts New GLM-5.3 Model as Cyber Defense Tool
Beijing-based Z.ai is promoting its latest GLM-5.3 AI model for cybersecurity applications, highlighting open-source benefits after recent hacking incidents.
AI Math Breakthrough on Riemann Hypothesis With Help From High-School Dropout
Anthropic and OpenAI's AI systems achieved a significant advance on the Riemann Hypothesis, aided by a non-mathematician providing encouragement.
Every Fusion Startup That Has Raised Over $100M
A comprehensive list highlights fusion energy startups that have secured more than $100 million in funding amid growing interest in advanced energy tech.
DeepSeek Announces Price Hikes for V4 Models
Chinese AI firm DeepSeek is raising prices up to fourfold for its flagship V4 models amid intense competition in the AI sector.
Tiger Global Management Cuts Stakes in Big Tech, Buys Into SpaceX
Tiger Global has reduced holdings in major tech firms while increasing its investment in SpaceX as part of a strategic shift.
U.S. Urges Apple Not to Buy Chinese Memory Chips
The U.S. Commerce Secretary has advised Apple against purchasing Chinese memory chips to avoid risks in the AI-driven supply chain.