Google to Pay SpaceX $920 Million a Month for Compute
The disclosure landed in a regulatory filing on a Friday afternoon, one week before the largest initial public offering in history. Google will pay SpaceX $920 million a month from…
Supabase Doubles Valuation to $10 Billion in Eight Months
Paul Copplestone pitched the idea in 2014 and was turned down. He tried again in 2020, after hitting scaling limits with the databases at another startup, and built the tooling…
SpaceX Draws $250 Billion in Orders Ahead of Record IPO
The order book kept swelling through the week, and by Tuesday it had passed $250 billion. SpaceX, the rocket and satellite company founded by Elon Musk, plans to raise about…
JPMorgan Ends Its Long Bearish Run on Tesla
For the better part of a decade, JPMorgan was the most persistent skeptic on Tesla on Wall Street. The bank kept an Underweight rating on the electric-vehicle maker from 2018…
Tim Cook’s Contrarian AI Bet Faces Its Test at WWDC
On Monday morning, Tim Cook will walk onto the stage at Apple Park in Cupertino for what is widely expected to be the most consequential presentation of his AI tenure,…
Broadcom’s Softer Outlook Shakes the Chip Trade, and Analysts See a Buying Window
The number that detonated the semiconductor market last week was not a loss. Broadcom reported record revenue of $22.19 billion for its fiscal second quarter, up 48 percent from a…
Mira Murati Steps Back Into the Spotlight, Carefully
The stage was set in San Francisco on Thursday for the Bloomberg Technology Summit, and the seat at the front of the room belonged to someone the AI industry had…
Google Cloud’s Quiet Cuts Reach Its Elite Threat Hunters
The notice arrived after dark. Andrew Kopcienski, a principal threat intelligence analyst at Google, wrote on LinkedIn that he had been laid off “alongside a lot of other great folks…
Apple Puts a $1.4 Trillion Number on Its App Economy
Tim Cook let the numbers do the talking, and the figure he wants the world to remember is $1.4 trillion. In a statement released on Apple’s website, the company said…
Broadcom’s Record Quarter Rattles Chip Investors
The report was, by any ordinary measure, exceptional. Broadcom posted revenue of $22.19 billion for its fiscal second quarter, up 48% from a year earlier. AI semiconductor revenue hit $10.8…
