Damodaran Declines SpaceX IPO, Calling Price Too High
The most famous valuation professor in America was asked on live television whether he would buy SpaceX at its initial public offering price, and he did not hesitate. “No,” Aswath…
Citi Raises S&P 500 Target to 8,100
Five days after the Nasdaq suffered its worst session since April 2025, Citi raised its year-end target for the S&P 500 to 8,100, according to CNBC. The call is the…
Anthropic Files Confidentially for IPO in Test of AI Economics
Anthropic has submitted a confidential registration statement to the Securities and Exchange Commission for an initial public offering, according to people familiar with the matter, placing the most closely watched…
Trump Confirms Talks With OpenAI on Government Equity Stake
The proposal had circulated privately for months. This week it was confirmed in public: President Trump said he is discussing with OpenAI chief executive Sam Altman the possibility of the…
Alphabet Expands Equity Raise to $85 Billion
The offering grew a second time in as many weeks. Alphabet raised the size of its planned equity raise from $80 billion to $85 billion, according to people familiar with…
Meta Weighs Multibillion-Dollar Share Sale to Fund AI Spending
The message to shareholders was blunt. Meta Platforms is considering raising tens of billions of dollars through a large sale of new shares to fund artificial intelligence investment, the Financial…
Meta Borrows Tesla’s Tent Playbook to Speed Data Center Builds
The structure that helped Tesla survive its Model 3 crisis has a new tenant. Meta is adopting the tent-style approach Tesla used in 2018, erecting covered structures outdoors to deploy…
Model Routing Spreads, Testing AI Pricing Power
The monthly bill had a new line item, and a smaller total. A growing number of companies are adopting software that decides which AI model handles each request, automatically sending…
Amazon Unveils Warehouse Robots That Follow Spoken Commands
The instruction came in plain English, and the machine obeyed. Amazon has unveiled the next generation of its Proteus warehouse robots, which respond to natural-language commands, alongside a new robot…
SoftBank’s Son Says AI Is Helping Design OpenAI’s Next Model
The disclosure came in passing, in the middle of a public appearance, and it was over in a sentence. Masayoshi Son, chief executive of SoftBank, said artificial intelligence systems are…
