According to a TechCrunch interview, SpaceX is working with major Wall Street banks for a potential 2026 public offering. This move is seen as a potential bellwether to reopen the stagnant IPO market, while secondary trading for shares in private giants like SpaceX is already booming.
OpenAI is reportedly accelerating plans for a late-2026 IPO, even as it burns billions and doesn’t expect profits until 2030. The move is a high-stakes test of market appetite for pure-play AI companies.
Google has launched an internal initiative called “Project EAT” to accelerate employee adoption of AI tools. The project, born in May 2025 within the AI2 infrastructure unit, aims to standardize AI use and boost productivity across the company. Leaders are pushing hard, warning that rivals are doing
Eric “ConcernedApe” Barone posted a new update to dispel rumors about his next game, Haunted Chocolatier. He confirmed the games are separate, development is ongoing, and there’s still no set release date.
Amazon is negotiating a staggering $50 billion investment in OpenAI, part of a $100 billion funding round that would value the AI firm at $830 billion. This comes just after Amazon confirmed plans to lay off 16,000 workers, raising serious questions about its strategy.
York Space Systems started trading on the NYSE, opening at $38 per share. CEO Dirk Wallinger framed the company’s mission around a “Golden Dome” concept of connecting disparate space systems.
Amazon CEO Andy Jassy and OpenAI’s Sam Altman are reportedly in direct talks for a massive investment. The deal, which could be signed in weeks, may include commitments to use Amazon’s AI chips.
Elon Musk is considering a baffling merger between his space company, SpaceX, and his AI startup, xAI. This comes as he reportedly eyes taking SpaceX public at a staggering $1.5 trillion valuation in June. The rationale seems tied to building AI data centers in orbit, an idea other tech giants are a
The AI boom is creating clear winners and losers in the tech sector. ASML’s stock soared to an all-time high on record chip equipment orders, while SAP shares plunged 17% on fears AI coding tools will disrupt its business.
Wall Street is bracing for a massive wave of corporate bond sales from tech giants like Meta and Microsoft to fund AI projects. Analysts forecast a record $400 billion in high-grade debt from the TMT sector in 2026 alone. But with spreads already tight, fears of market complacency are mounting.
