Business
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Intel signs on to help Elon Musk build his AI chips. Will that make a difference?
Intel has partnered with Elon Musk’s Terafab initiative to support the construction and operation of a massive semiconductor fabrication facility aimed at producing ultra-high-performance AI chips at scale. Intel stated…
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Alibaba launches data center with 10,000 of its own chips as China ramps up AI push
Alibaba and China Telecom have launched a new data center in southern China powered by 10,000 of Alibaba’s self-developed Zhenwu AI semiconductors, designed for both AI training and inferencing and…
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Some Marriott guests tout Coke’s new move as ‘best ever’ while Pepsi loyalists push back
Marriott International is transitioning from a nearly 35-year exclusive partnership with Pepsi to serving Coca-Cola products across its 9,800 properties worldwide, a move that has reignited the long-standing debate among…
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Anthropic may have closed the revenue gap on OpenAI. Here’s what it means for their IPOs
A wave of mega-IPOs led by SpaceX, followed by OpenAI and Anthropic, could absorb so much investor demand in 2026 that other highly valued tech firms may delay going public…
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OpenAI acquires popular tech podcast TBPN
OpenAI has acquired the technology news podcast TBPN, a daily show hosted by John Coogan and Jordi Hays that covers the tech industry and features high-profile guests such as Mark…
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Embattled startup Delve has ‘parted ways’ with Y Combinator
Delve, a security and privacy compliance startup, has lost its relationship with accelerator Y Combinator amid growing allegations about its business practices and technology claims. The company no longer appears…
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Whoop is raising $575 million from investors and star athletes including Cristiano Ronaldo, LeBron James
Whoop, a screenless fitness wearable company focused on “human performance,” has raised 575 million dollars in Series G funding, achieving a valuation of 10.1 billion dollars and positioning itself among…
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France’s Mistral raises $830 million in debt for AI data centre build-up
Mistral, a leading European artificial intelligence provider based in Paris, secured 830 million dollars in new debt financing to purchase 13,800 Nvidia chips and support the development of a large-scale…
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Elon Musk’s SpaceX set to be worth $1 trillion with planned public listing
SpaceX is preparing a confidential initial public offering that could value the company at more than $1 trillion, making it one of the most valuable publicly traded firms and potentially…
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Anthropic buys biotech startup Coefficient Bio in $400M deal: Reports
Anthropic has acquired stealth biotech AI startup Coefficient Bio in a stock deal reportedly worth around $400 million, as first reported by The Information and Eric Newcomer and later confirmed…
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OpenAI closes Sora video-making app and cancels $1bn Disney deal
OpenAI has discontinued its Sora video-generation app less than two years after its high-profile launch, which had showcased highly realistic clips created from simple text prompts and attracted worldwide attention…
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Trump administration set to receive $10 billion fee for brokering TikTok deal, WSJ reports
President Donald Trump’s administration is poised to receive an estimated “$10 billion” fee from investors involved in the deal that transferred control of TikTok’s U.S. operations from Chinese parent company…
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Elon Musk’s Terafab is here: What it is, and why it’s important for Tesla and SpaceX
Terafab emerges as a massive semiconductor initiative in Austin, Texas, created by Tesla, SpaceX, and xAI to centralize chip design, fabrication, memory, and packaging in a single complex that will…
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Danone to acquire Huel, extending its portfolio in Functional Nutrition
Danone announces a definitive agreement to acquire Huel, a leading provider of complete, nutritionally balanced meal solutions, to strengthen its position in the fast-growing functional and Complete Nutrition market segment.…
