SpaceX's $60 Billion Detour
How SpaceX turned a rocket company into an AI powerhouse by paying a record $60 billion for the maker of Cursor—and what the price says about the value of code.
More issues
Anthropic's Profit Test
How Anthropic's first operating profit reframes the debate over whether frontier AI can ever pay for itself—and why the definition of "profit" is doing heavy lifting.
Pony.ai's Global Robotaxi Push
How Pony.ai's overseas robotaxi pipeline crossing 4,000 vehicles — and robotaxi revenue leaping nearly 700% — signals that the self-driving contest is going global, with China's autonomous-vehicle champions riding Uber's platform into Europe and the Middle East.
Google Buys a Bankrupt Airline's Data
How Google's $10 million purchase of a bankrupt airline's internal emails, chats, and operational records reveals the next scarce resource in AI — proprietary enterprise data that no amount of web scraping can replace.
Meta's Design Goes on Trial
How a 29-state trial in Oakland puts Meta's product design — not its content — in the dock, and could shift technology regulation from policing what users post to policing the mechanics that keep them scrolling.
Etched's $21 Billion Bet Against Nvidia
How Etched's $700 million raise at a $21 billion valuation — double its price a month earlier — turns a bet that inference will dwarf training into the most serious startup challenge Nvidia has faced at the chip level.
Big Tech's $3 Trillion Hidden AI Bill
How a Wall Street Journal analysis found roughly $3 trillion in AI infrastructure commitments sitting off Big Tech's balance sheets — obligations that dwarf reported spending and quietly reshape the risk beneath the boom.
Unitree's Robot IPO Frenzy
How Unitree's Shanghai listing — oversubscribed thousands of times over — turns humanoid robotics from a venture-capital story into a public-market referendum on physical AI, and hands China the first mover's spotlight.
Higgsfield's $5.4 Billion Enterprise Turn
How Higgsfield's $400 million raise and $700 million revenue run-rate signal that AI video has crossed from creator novelty into enterprise marketing infrastructure — and why the money is now chasing the application layer.
Nvidia's $105 Billion OpenAI Data Center Bet
How Nvidia's decision to guarantee up to $105 billion in lease and power payments for an OpenAI megasite in Ohio turns the chipmaker into the AI economy's lender of last resort — and reopens the argument over circular financing.