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.
AI search startup Perplexity has signed a three-year, $750 million agreement to use Microsoft’s Azure cloud. Despite the huge deal, the company clarified that Amazon Web Services remains its “preferred” cloud infrastructure provider.
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
Apple has reportedly acquired the Israeli AI startup Q.ai in a deal worth close to $2 billion. The company’s founding team, including CEO Aviad Maizels, will join Apple.
Robinhood CEO Vlad Tenev is pointing to the January 2021 GameStop trading halt as a reason to adopt tokenized stocks. He argues blockchain-based equities could enable faster settlement and prevent such freezes during extreme volatility.
While most DePIN crypto tokens are languishing near all-time lows, a venture firm just raised a major new fund. They’re betting that decentralized networks for things like solar energy and telescopes are the next big thing.
SoftBank has pulled out of discussions to acquire U.S. data center operator Switch in a deal that could have been worth $50 billion. The move comes as the Japanese giant faces challenges financing and managing such a large infrastructure network. Meanwhile, Switch is reportedly considering an IPO th
Buy now, pay later is moving beyond shopping carts and into housing. Companies like Affirm and Zip are launching pilots to let renters split their monthly payment into installments. It promises flexibility, but does it solve the real problem?
IT services firm Origina is significantly expanding its Dublin operations, planning to create 350 new roles in software engineering, security, and AI. The news coincides with Enterprise Ireland’s annual report showing strong job growth in its client companies, particularly outside the capital.
Cyera’s valuation jumped 50% to $9 billion in just seven months. But research shows most companies have no clue what their AI is doing with sensitive data.
