Reading between the lines on the latest SpaceX merger report and Musk’s cryptic tweet
Bloomberg reported this morning that SpaceX was in “advanced talks” with xAI about a merger. That might sound similar to some of the eye-popping stories we all read just a few days ago, but there are ...
Gaming stocks rebound from sell-off as analysts dismiss Google’s new AI project as merely “a one-minute-long walking simulator generator”
Investor fears about the impact of Project Genie on the broader gaming market may have been an overreaction, analysts at mBank said in a note on Monday. According to analyst Piotr Poniatowski, Friday...
Nvidia’s not investing $100 billion in OpenAI because the chip designer doesn’t want to pay the OpenAI valuation tax
The Wall Street Journal dropped a bombshell on Friday evening, reporting that Nvidia’s plan to invest up to $100 billion in OpenAI “has stalled after some inside the chip giant expressed doubts about ...
Gaming stocks plunge following release of Google’s AI tool that can create playable, copyrighted worlds
Shares of major gaming companies are plunging on Friday as investors get a deeper look at the capabilities of new generative-AI prototype, Project Genie . The tool allows users to “create and explore...
WSJ: OpenAI plans Q4 IPO in race to be the first AI startup to enter public markets
OpenAI was the first to the generative AI market with ChatGPT, and now it hopes to be the first of its AI startup cohort to pull off an initial public offering, according to a report from The Wall Str...
WSJ: Amazon considering $50 billion investment in OpenAI
What a difference half a day makes. Earlier today, The Information reported that was considering investing roughly $10 billion to $20 billion in OpenAI as part of a $60 billion fundraising round alon...
Elon Musk’s SpaceX reportedly in talks to merge with xAI
CEO Elon Musk is reportedly exploring a merger between SpaceX and his artificial intelligence startup, xAI, a move that would bundle rockets, satellites, the social media site X, and AI under one comp...
Anthropic reportedly doubles current fundraising round to $20 billion
Anthropic has doubled its current fundraising round to $20 billion on strong investor demand, according reporting from the Financial Times. The new fundraising round would value the company at a stagg...
One year after the DeepSeek freak, the AI industry has adjusted and roared back
A year ago this week, Chinese startup DeepSeek shook the AI world with the release of its DeepSeek-R1 model. Since then, everything has changed. Before the release of DeepSeek, pretty much all of the ...
AI has given public markets the software scaries... and it’s spreading to private markets, too
Since ChatGPT burst onto the scene, it has been blamed (or credited ) for reshaping just about everything it touches, from knocking down college kids’ favorite homework shortcut to upending the job ma...
Apple to promote Siri from assistant to chatbot
Bloomberg reports that plans to transform its Siri assistant into a full-fledged chatbot similar to OpenAI’s ChatGPT. The chatbot would be integrated throughout the iPhone’s operating system rather t...
Meta says it’s delivered new AI models internally this month and they’re “very good”
last AI model release, Llama 4, was marred by delays and accusations of rigged benchmarks , but the company says the latest models built by its Superintelligence Labs team look promising. CTO Andrew B...
OpenAI’s ARR reached over $20 billion in 2025, CFO says
Sam Altman’s $500 billion artificial intelligence behemoth hit a major financial milestone last year, according to a new blog post over the weekend from OpenAI CFO Sarah Friar, as the company confirme...
OpenAI set to start rolling out ads to free and ChatGPT Go users
It was bound to happen at some point. OpenAI has finally disclosed the details of how it plans to roll out ads for users of ChatGPT. The company announced today in a blog post that in the coming weeks...
How Claude Code “is the ChatGPT moment repeated” — and why that’s awful news for software stocks
The relentless slide in software stocks continues, with the trading to the downside and lagging the market on Friday.
Google has a leg up over Apple in the race to roll out personalized AI
This week, and made dueling announcements that offer a glimpse of what the next phase of consumer AI may look like — and which company might be better positioned to dominate it. On Monday, Apple rev...
Two cofounders leave Thinking Machines Lab to return to OpenAI
A group of researchers have left Mira Murati’s Thinking Machines Lab to go back to OpenAI. Fidji Simo, OpenAI’s head of apps, posted on X that Thinking Machines cofounders Barret Zoph and Luke Metz, a...
Claude Cowork the newest fuel for an AI-driven de-rating of software stocks
Software companies started off 2026 with a record underperformance of chip stocks. Things haven’t gotten any better since. The is off more than 4% year to date, with most of the stocks in the fund sh...
Report: Microsoft on track to spend $500 million per year on Anthropic AI
Last fall, and OpenAI’s $13 billion partnership seemed to finally be on solid ground. OpenAI’s restructuring was completed on time, and the companies hammered out an updated agreement that secured Op...
Report: Apple staggers Siri AI rollout, with key features pushed to summer
Thanks to Apple’s new partnership with , the Gemini-backed version of Siri should begin rolling out this spring, but several key features previewed in 2024 may not come until summer, The Information r...