SpaceX Joins Nasdaq-100 in Fast-Track Move
The Nasdaq exchange announced Friday that SpaceX will join the Nasdaq-100 index, a fast-track addition that will force index-tracking funds to buy billions of dollars of the rocket company’s stock…
Google Curbs Meta’s Access to Gemini Models
Meta’s artificial-intelligence teams have been told to cut back their use of Google’s Gemini models, according to people familiar with the matter, after Google concluded it could no longer supply…
Qualcomm’s AI Chip Wins Microsoft and Meta as Customers
Qualcomm’s stock has held near recent highs as investors digest the company’s announcement that Microsoft and Meta will adopt its latest AI chip, a deal that positions the mobile-chip maker…
Nvidia Shares Slip Below $200 as Competition Fears Spread
Nvidia’s stock has fallen below the $200 mark, according to a Barron’s report from earlier this week, as investors weigh a competitive picture that has grown more crowded than at…
General Intuition Raises $320 Million to Train AI Agents in Video Games
General Intuition said Thursday it has raised $320 million at a valuation of $2.3 billion, a vote of confidence in its unusual thesis: that video games, not real-world data, are…
Patronus AI Raises $50 Million to Stress-Test AI Agents
Patronus AI said Thursday it has closed a $50 million Series B round, money the startup will use to build simulated digital worlds where AI agents can be pushed to…
Meta’s Instagram, Facebook and WhatsApp Go Dark in Global Outage
For several hours on Friday, Meta’s three largest platforms — Instagram, Facebook, and WhatsApp — were simultaneously unreachable for users around the world, one of the most severe outages in…
Microsoft Shares Slip as AI Spending Pressures Cloud Margins
Microsoft’s stock fell again Thursday, extending a slide driven by investor unease over the company’s record spending on artificial intelligence infrastructure and what it means for the profitability of its…
SpaceX Stock Falls Below IPO Price, Erasing $60 Billion in Two Weeks
Less than two weeks after the largest initial public offering in history, SpaceX’s stock has fallen below its $445 offering price, a swift reversal of the euphoria that greeted the…
Adobe Buys Topaz Labs, Adding AI Video Tools to Creative Suite
Adobe said Thursday it has acquired Topaz Labs, the maker of AI-powered tools that sharpen, upscale, and repair images and video, in a deal whose terms were not disclosed. The…
