SB Energy Dangles $5.5 Billion in Warrants to Keep OpenAI as a Tenant
The filing reads less like an IPO prospectus and more like a courtship document. In the draft registration statement SB Energy submitted for its planned stock market debut, the SoftBank-owned…
AI’s Move From Chatbot to Operator Puts Productivity Claims to Work
Inside a European financial institution, a cluster of software agents now spends its working hours simulating the institution’s entire decision structure. Each agent competes with the others, filtering noise and…
SpaceX Builds Turbine Foundry in Texas to Make Its Own Power Gear
In Bastrop, a town east of Austin known for a SpaceX factory that stamps out rocket parts, the company is planning something new: a foundry to cast the blades and…
SpaceX Launches NASA’s Roman Telescope on Falcon Heavy
The Falcon Heavy lifted off at 7:26 a.m. Eastern time from Launch Complex 39A at the Kennedy Space Center, carrying a telescope built to survey the universe at a scale…
a16z Raises $1.1 Billion Fund for the ‘Machine Age’ of AI Hardware
Andreessen Horowitz announced on Aug. 28 that it has raised an $1.1 billion fund dedicated to what it calls the Machine Age: physical infrastructure for artificial intelligence. The fund will…
OpenAI, Microsoft and 116 Organizations Warn of Imminent AI Cyberattacks
OpenAI published an open letter on Aug. 28 calling for stronger global cyber defenses, signed by 116 organizations including Anthropic, AWS, Google, Microsoft, OpenAI and Oracle. The letter warns that…
Meta’s Plan to Replace Thousands of Workers With AI Collapses
Inside Meta Platforms Inc., the initiative had a sweeping ambition: use artificial intelligence to replace thousands of employees. The plan, pushed by Chief Executive Mark Zuckerberg, was to shrink the…
AWS Commits to Two Million More Nvidia GPUs
The announcement arrived in the middle of Nvidia Corp.’s earnings call, a few sentences from Amazon’s cloud division that rewrote the day’s narrative. Amazon Web Services will add another two…
OpenAI Says Its Jalapeño Chip Beats Nvidia’s Blackwell
On Aug. 25, OpenAI released the first benchmark data for Jalapeño, the in-house inference chip it has been developing for more than two years, and the numbers landed like a…
SpaceX’s $100 Billion Bet on the Louisiana Coast
The gravel roads around Pecan Island, a low strip of marsh and fishing camps on Louisiana’s Gulf Coast, usually lead to boats, not rockets. On Aug. 25, they led to…
