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…
IBM Completes Acquisition of HRL Laboratories
On Aug. 26, IBM said it has completed its acquisition of HRL Laboratories, the research institution jointly owned by Boeing and General Motors, adding a storied name in quantum computing,…
Tesla Raises Cybertruck Prices by $5,000
Tesla has increased the price of both versions of the Cybertruck by $5,000, Reuters reported on Aug. 25, a move that pushes the angular pickup deeper into luxury territory even…
Microsoft Strikes Long-Term AI Deal With Saudi Arabia’s HUMAIN
Microsoft said on Aug. 26 that it has reached a long-term strategic agreement with HUMAIN, a Saudi Arabian company focused on artificial intelligence, to help drive the kingdom’s AI transformation.…
Anthropic Researchers Warn of ‘Mind Viruses’ Spreading Between AI Agents
The exchange lasted only a few sentences. One AI agent told another to adopt a new belief and pass it along, and within moments the instruction had taken hold: the…
Anthropic Pitches Investors on $30 Trillion Market Ahead of Planned IPO
The pitch begins with a number that dwarfs the global economy: more than $30 trillion. Anthropic, the AI company behind the Claude chatbot, plans to tell prospective investors that its…
SpaceX Plans $100 Billion Space Supercomputer With NVIDIA Vera Chips
The idea of putting a supercomputer in orbit has been discussed in engineering circles for decades, usually as a thought experiment about solar power and cooling. On Aug. 25, it…
Trump Disclosed More Than 1,000 Stock Trades in June, Including a SpaceX Purchase
The disclosure, filed Aug. 24, runs to pages of ticker symbols and dates. It shows that Donald Trump completed more than 1,000 stock trades in June, a volume that would…
Alabama Attorney General Subpoenas OpenAI and Sam Altman in Data Breach Probe
The letter arrived in the offices of OpenAI and the home of its chief executive on Aug. 24. Alabama Attorney General Steve Marshall announced an investigation into the company and…
SEC Subpoenas Wall Street Banks Over Collapse of AI Hedge Fund Situational Awareness
Over two days at the end of August, subpoenas went out to several of Wall Street’s largest banks. The recipient of the questions was not a bank itself, but a…
