SpaceX Set to Gain Weight in Nasdaq 100 Rebalance
SpaceX’s stock has been trading in a narrow band, but the quiet is unlikely to last. When the Nasdaq 100 index completes its quarterly rebalance later this month, the rocket…
Cognition Raises $2 Billion as Coding Agents Go Mainstream
Scott Wu built his company on a simple claim: a software engineer that never stops. On September 8, Cognition AI said it had raised $2 billion in a Series E…
OpenAI Says an Internal Model Cracked a Millennium Prize Problem
The answer arrived about 88 hours after the first agents started running. OpenAI said on Tuesday that a swarm of roughly 10,000 coordinated AI agents had solved a version of…
Google Puts Its Largest European AI Bet on Finland
Ruth Porat chose a Helsinki stage for the number: at least 13 billion euros, or about 15.1 billion dollars, over the next two years. The chief investment officer of Google…
Nuclear Startup HGP in Talks to Go Public Through a SPAC at $1.2 Billion
The pitch is unlike anything the nuclear industry has marketed before: take reactors built for the Navy, retire them from military service, and put them to work powering the artificial…
Celero Raises $275 Million as the Wiring Between AI Chips Becomes Big Business
The pattern is by now familiar in artificial intelligence: a startup working on an unglamorous layer of the stack raises money from some of the most glamorous names in finance.…
Apple Quietly Bought a Neural-Sensing Chip Startup, and the Paper Trail Just Surfaced
The acquisition was never announced, and Apple declined to comment when asked. The details emerged instead from a European filing, the kind of administrative disclosure that corporate acquirers rarely court…
SK Hynix Shares Surge 8 Percent as Analysts Warn the Memory Shortage Is Worsening
The rally in Seoul on Tuesday had the feel of a market confirming what it already suspected. SK Hynix shares climbed about 8 percent, leading a broad advance in memory…
Stoke Space Raises $1 Billion to Chase a Reusability Feat No Rocket Has Achieved
The company’s pitch to investors has been the same since its founding: build a rocket where everything comes back. On Tuesday Stoke Space announced the funding to keep pursuing that…
Corning and Verizon Agree to a Multi-Billion-Dollar Fiber Deal for the AI Era
The order book for glass has been filling up with names from the computing industry. On Tuesday the buyer was a phone company. Corning said it has reached a multiyear…
