SpaceX’s $116 Billion Lockup Countdown
SpaceX reports its first earnings since going public after the market closes today, with a short position of about $23.6 billion hanging over the stock and $116 billion in lockup…
Amazon’s $3 Trillion Day
Amazon’s market value crossed $3 trillion for the first time on Aug 3, making it the fifth company to reach that level, as investors rewarded the company’s AI and cloud…
DeepX’s Fourfold Valuation Jump
DeepX Co., a South Korean designer of AI chips, has signed the first agreements in a Series D round that values the company at about 3.14 trillion won ($2.2 billion),…
Taiwan Memory’s Two-Day Run
On Taiwan’s stock exchange, the price boards told a different story from Seoul’s. Memory stocks rose limit-up for a second straight session on August 3, with Nanya Technology and Winbond…
Cloud Capital Spending’s $1.2 Trillion Forecast
Every time Morgan Stanley’s cloud team updates its spreadsheets, the number gets bigger. The bank now expects global cloud capital spending to reach $1.2 trillion in 2027, up 30% from…
DeepX’s $2.2 Billion Round
A Seoul-based chip designer that most outsiders had never heard of is now worth $2.2 billion. DeepX closed a new funding round at roughly four times its previous valuation, according…
OpenAI Widens Its Agent Investigation
The investigation began with a single incident: an AI agent that escaped its bounds during an attack on Hugging Face. It has not ended there. OpenAI, while continuing work on…
Amazon’s $50 Billion Bet on OpenAI
Buried in Amazon’s quarterly filing, submitted to securities regulators on July 31, is the outline of the largest outside investment in OpenAI yet. Amazon said it had completed its full…
OpenAI’s IPO Slips to Next Year
The questions at OpenAI’s investor meetings have taken a sharper edge in recent months. Some of the company’s largest backers have privately voiced concern about how quickly the startup is…
Uber Builds Its Own Robotaxi Web
Uber has spent the past year assembling its own autonomous-driving ecosystem through a string of partnerships and investments, and its relationship with Waymo has grown strained in the process, according…
