SpaceX Shares Jump 16% Past Lockup Test; Terafab Chip Plant Breaks Ground
SpaceX shares surged 16% on Friday, closing at $133.11 and within striking distance of the company’s $135 initial public offering price, as investors shrugged off the end of a lockup…
Tesla Files for $10.1 Billion Solar Cell Factory in Texas
Tesla has filed paperwork for a $10.1 billion solar-cell manufacturing campus in Fort Bend County, Texas, the largest manufacturing investment the company has ever put on paper. The application, submitted…
Hassabis Steps Aside as DeepMind CEO to Focus on Research
Demis Hassabis, the co-founder who built Google’s most consequential artificial-intelligence laboratory, is stepping aside as chief executive of Google DeepMind. He will become chairman of the unit and chief scientist…
Nvidia to Invest Up to $3 Billion in Stargate Power Developer Lancium
Nvidia is in talks to invest up to $3 billion in Lancium, the power-infrastructure developer behind the Stargate artificial-intelligence data-center campus in Texas, according to people familiar with the matter.…
Citadel Securities Strategist Rubner Turns Bullish on Gold
Scott Rubner spent most of 2026 urging clients to keep their distance from gold. On a Friday in early August, he reversed course. In a research note, the head of…
Mubadala Weighs $6.3 Billion Data Center Bet in Japan
ABU DHABI—The oil-rich sheikhdom is looking north, to a prefecture in Japan known for rice paddies and sake, not servers. Mubadala, Abu Dhabi’s sovereign wealth fund, is evaluating an investment…
Lumilens Raises $700 Million for Optical Interconnects
SAN JOSE, Calif.—The copper cables under the world’s data centers are running out of headroom, and a startup few people had heard of a year ago just raised a large…
Hadrian Raises $1.37 Billion for Defense Manufacturing
HAWTHORNE, Calif.—The machines in the factory do not look like weapons, and the company that runs them insists they are not in the business of making any. Hadrian builds precision…
SoftBank Borrows $10 Billion Against OpenAI Stake
TOKYO—The loan has no collateral in the usual sense; its security is a stake in a company that did not exist five years ago. SoftBank Group has borrowed $10 billion…
U.S. Reviews Routes for Nvidia Chips Reaching China
WASHINGTON—The enforcement machinery that controls the world’s most important chips is being aimed at a new set of questions. The U.S. government has reopened its review of how China obtains…

Anthropic Prepares to File Its IPO Prospectus as Soon as Friday
Volkswagen Puts Microsoft Copilot in Front of 330,000 Employees
Moody’s Raises TSMC to Aa2, Citing AI Demand and Advanced-Node Lead
Blacksmith Reaches $1 Billion Valuation as AI Code Chokes Build Pipelines
EBay Cuts 9% of Its Staff and Says the Strategy Is Working
Automattic Cuts Staff While Its Boardroom Is Still Emptying
Bose Buys a Younger Audience and Leaves the Nameplate Alone
Walmart Opens the Door to Shopping Agents, Then Hands Them a Rulebook
A Billion Dollars for a Kernel
Legora’s $8.8 Billion Bet on Fewer Billable Hours








