SpaceX’s Compute Ambition Draws Microsoft as Its Largest Tenant
On August 4, Elon Musk sat down for the first earnings call in SpaceX’s history and made a claim that startled even the analysts who follow the company’s AI ambitions.…
Amazon’s Texas Data Center Comes With a Power Plant of Its Own
Amazon confirmed on August 8 that it is investing in a large natural-gas power plant to supply a planned data center campus in Pecos County, West Texas, a facility that…
ARK Adds Nvidia and TSMC After Meta’s Slide
Cathie Wood’s ARK Invest bought Nvidia and Taiwan Semiconductor Manufacturing Co. stock in the trading days after Meta Platforms’ disappointing earnings report, while trimming part of its AMD stake, according…
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…
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…
SpaceX and Tesla Plan Chip-Making Complex in Texas
GRIMES COUNTY, Texas—The announcement went out late on Aug. 6 with the kind of numbers that usually accompany national infrastructure projects, not corporate press releases. SpaceX and Tesla, the two…
Nvidia Weighs Memory Cut for Rubin Ultra GPU
SANTA CLARA, Calif.—The fastest product in Nvidia’s history is running late, and the company is now weighing a compromise. According to people familiar with the matter, Nvidia is considering reducing…
OpenAI Expands Free ChatGPT With GPT-5.6 Luna
SAN FRANCISCO—The free tier of the most popular AI product on earth is about to get bigger. OpenAI said on Aug. 6 that it is updating its ChatGPT experience, giving…
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…
SpaceX Lockup Expiry Piles Pressure on Shares After Earnings Drop
The calendar flipped to August 6, and the lockup that had kept nearly a billion SpaceX shares off the market expired at midnight. By morning, roughly 911.5 million shares held…
