A federal judge refused to block SpaceX's land swap deal in Texas. Environmental groups are vowing to con ...More

A federal judge refused to block SpaceX's land swap deal in Texas. Environmental groups are vowing to continue their legal challenge against the exchange. The US Fish and Wildlife Service approved moving forward with the deal in June. The judge found insufficient evidence of ecological risks from the land transfer. SpaceX will acquire over 700 acres of federal land in the refuge. ...Less

Indian investors holding SpaceX shares are seeking legal advice on compliance. These investors received S ...More

Indian investors holding SpaceX shares are seeking legal advice on compliance. These investors received SpaceX shares directly from offshore funds. This distribution aimed to avoid stock dumping and defer investor taxes. Regulatory hurdles may arise from the timing and nature of these investments. Taxation views differ, with some suggesting capital gains tax upon receipt. ...Less

Space Cargo aims to fly in 2028 an orbital reentry flight on the first commercial mission of Starship, wh ...More

Space Cargo aims to fly in 2028 an orbital reentry flight on the first commercial mission of Starship, which will deploy SpaceX's Starfall - a disk-shaped capsule designed to carry materials on short trips through orbit and back to Earth. ...Less

SpaceX plans its Starship rocket's first orbital flight next week. The launch from Texas aims to deliver ...More

SpaceX plans its Starship rocket's first orbital flight next week. The launch from Texas aims to deliver twenty-six Starlink satellites. This orbital test marks an exciting new phase for the powerful rocket. Previous flights had exploded. Future commercial flights and Moon or Mars travel depend on further milestones. ...Less

Brian Aggrey and Phoebe Novack are enjoying a year of travel and creative pursuits. They are spending $25 ...More

Brian Aggrey and Phoebe Novack are enjoying a year of travel and creative pursuits. They are spending $25,000 monthly on experiences and personal projects. Aggrey previously worked for SpaceX for fourteen years on rocket technology. Their extensive travels include France, Mexico City, and California activities. This financial freedom allows them to explore new interests and career paths. ...Less

The global investment opportunity set is getting wider for Indian investors. From high-profile AI compani ...More

The global investment opportunity set is getting wider for Indian investors. From high-profile AI companies such as Anthropic to blockbuster listings such as SpaceX, some of the world's most closely watched investment opportunities are now outside Indian markets. ...Less

Ron Baron’s portfolio, valued at about $66 billion, is led by SpaceX, Tesla, MSCI, Arch Capital and Gartn ...More

Ron Baron’s portfolio, valued at about $66 billion, is led by SpaceX, Tesla, MSCI, Arch Capital and Gartner. The holdings reflect a focus on long-term growth across space, electric vehicles, financial infrastructure, insurance and data-driven services, alongside substantial positions in technology companies. ...Less

The excitement around AI and high-profile IPOs is undeniable—but the bigger question is whether valuation ...More

The excitement around AI and high-profile IPOs is undeniable—but the bigger question is whether valuations are being driven by current business economics or expectations of what these companies could become five or ten years from now. ...Less

The spending was disclosed to Reuters in response to a freedom of information request and makes Britain t ...More

The spending was disclosed to Reuters in response to a freedom of information request and makes Britain the first country outside the US to publicly acknowledge adopting Starshield, SpaceX's service for military and intelligence missions. Starlink is marketed to consumer and commercial users. ...Less

In this edition of ETMarkets Smart Talk, Subho Moulik, Founder & CEO of Appreciate, breaks down the US in ...More

In this edition of ETMarkets Smart Talk, Subho Moulik, Founder & CEO of Appreciate, breaks down the US investing opportunity for Indian investors. ...Less

Tesla will unveil its long-delayed Roadster on October 1, nearly a decade after its initial reveal. The e ...More

Tesla will unveil its long-delayed Roadster on October 1, nearly a decade after its initial reveal. The electric-vehicle maker announced the upcoming unveiling on its social media platform X. This event could feature a demonstration of a special edition with SpaceX thrusters. The Roadster program has faced repeated delays since its 2017 unveiling. This announcement follows recent Cybercab rides offered in Austin, Texas. ...Less

Britain has spent nearly forty million dollars on SpaceX satellite services. This spending deepens relian ...More

Britain has spent nearly forty million dollars on SpaceX satellite services. This spending deepens reliance on Elon Musk's company for military communications. The United Kingdom is the first country outside the US to publicly acknowledge Starshield adoption. Britain's defence ministry uses about one thousand Starshield and five hundred Starlink terminals. This move occurs amid European concerns about dependence on US security infrastructure. ...Less

In a significant leap for technology, Advanced Micro Devices (AMD) has crossed the $1 trillion market cap ...More

In a significant leap for technology, Advanced Micro Devices (AMD) has crossed the $1 trillion market capitalization threshold recently. This landmark moment emphasizes the intensifying AI race among chip makers as the tech scene evolves. Remarkably, out of 17 companies achieving this valuation, six have done so in just the last four years, while others have reached this mark through sectors like e-commerce and oil. ...Less

SpaceX stock may see increased buying pressure soon. Nasdaq 100 rebalancing is expected to boost its inde ...More

SpaceX stock may see increased buying pressure soon. Nasdaq 100 rebalancing is expected to boost its index weighting. More than one billion shares have been released from lockups. This change could force significant passive buying from index funds. Future share unlocks will further increase SpaceX's free float. ...Less

Boeing's Insitu and Gogo have tested a military drone utilizing satellite communications for global inter ...More

Boeing's Insitu and Gogo have tested a military drone utilizing satellite communications for global internet access. The drone integrates Gogo's Galileo HDX antenna and connects to Eutelsat's OneWeb satellites. This development aims to reduce dependence on SpaceX's Starlink for military applications. The ITAR-free system is designed to enhance command-and-control capabilities for international customers. The timeline for deploying this technology has not been disclosed by the companies. ...Less

Anthropic is expected to beat rival OpenAI to the public markets with a blockbuster IPO later this year d ...More

Anthropic is expected to beat rival OpenAI to the public markets with a blockbuster IPO later this year despite recent doomsday warnings, but questions remain about their business models and whether regulators should step in. Before the recent headlines over AI safety, Altman and executives at OpenAI had already signaled that they were in no hurry to go public this year. ...Less

Elon Musk is planning a self-growing city on the Moon that could eventually house millions of people. But ...More

Elon Musk is planning a self-growing city on the Moon that could eventually house millions of people. But a new study has raised a major concern: there may not be enough water on the Moon to support such a large population for long. ...Less

SB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share ...More

SB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listing. The data centre developer is also attracting major AI players, including Nvidia and OpenAI, amid surging infrastructure demand. ...Less

Elon Musk advocates for relentless determination in tackling the toughest challenges life presents. He as ...More

Elon Musk advocates for relentless determination in tackling the toughest challenges life presents. He asserts that the only time it's acceptable to quit is when one is physically unable to continue, viewing hardships as simply part of the journey. This approach emphasizes the importance of rest and recalibrating one's plans in the face of adversity, fostering resilience and mental fortitude. ...Less

AI industry leaders are split over how fast companies should develop the increasingly powerful technology ...More

AI industry leaders are split over how fast companies should develop the increasingly powerful technology: Anthropic's Dario Amodei, OpenAI's Sam Altman and SpaceX's Elon Musk are seeking a coordinated slowdown, while Meta's Mark Zuckerberg favors market-led safeguards. ...Less

With the 10-year government bond yield moving above 7%, investors are once again facing a key question: i ...More

With the 10-year government bond yield moving above 7%, investors are once again facing a key question: is this an opportunity to lock in attractive yields, or could rates move even higher from here? ...Less

European nations convened a summit to address competition in the global space market. Concerns about reli ...More

European nations convened a summit to address competition in the global space market. Concerns about reliance on foreign satellite services drive Europe's sovereign capability push. Recent events highlighted the critical need for independent space infrastructure and launch capacity. A new European rocket launch offers a promising step towards greater autonomy. Future decisions will shape Europe's role in crewed spaceflight and orbital independence. ...Less

In a court filing, X and SpaceXAI, a division of SpaceX, moved to dismiss the claims in a lawsuit they br ...More

In a court filing, X and SpaceXAI, a division of SpaceX, moved to dismiss the claims in a lawsuit they brought against Apple ⁠and ⁠OpenAI last year. The filing did not explain the reasons for dismissal or say whether a settlement had been reached. ...Less

The projection comes at a time when the broader artificial intelligence investment landscape encounters i ...More

The projection comes at a time when the broader artificial intelligence investment landscape encounters its first major macroeconomic test, according to a recent report by brokerage firm Dolat Capital. ...Less

In the essay published on Saturday and later endorsed by OpenAI CEO Sam Altman and SpaceX founder Elon ⁠M ...More

In the essay published on Saturday and later endorsed by OpenAI CEO Sam Altman and SpaceX founder Elon ⁠Musk, ⁠Dario Amodei outlined a framework to pace the development of frontier AI model capabilities and create more time to manage mounting safety risks. ...Less

Oscar-winning filmmaker Alex Gibney’s documentaryMuskexamines Elon Musk’s rise, vast political influence ...More

Oscar-winning filmmaker Alex Gibney’s documentaryMuskexamines Elon Musk’s rise, vast political influence and growing power over technology and government. Premiering in North America at the Toronto International Film Festival, the nearly four-hour film explores whether absolute power corrupts, while Gibney urges citizens worldwide to reclaim power from tech oligarchs. ...Less

In the essay published on Saturday and later endorsed by OpenAI CEO Sam Altman and SpaceX founder Elon Mu ...More

In the essay published on Saturday and later endorsed by OpenAI CEO Sam Altman and SpaceX founder Elon Musk, Dario Amodei outlined a framework to pace the development of ⁠frontier ⁠AI model capabilities and create more time to manage mounting safety risks. ...Less

US President Donald Trump is expected to personally welcome Chinese President Xi Jinping at Joint Base An ...More

US President Donald Trump is expected to personally welcome Chinese President Xi Jinping at Joint Base Andrews on Wednesday, ahead of Xi’s first US state visit in more than a decade. ...Less

Scientists found a large lunar crater from a recent impact event. This massive hole, larger than the Roma ...More

Scientists found a large lunar crater from a recent impact event. This massive hole, larger than the Roman Colosseum, was initially undetected. NASA's Lunar Reconnaissance Orbiter captured the formation in May 2024. The impact churned lunar soil, creating a cold spot around the crater. Researchers are assessing debris risks for future lunar infrastructure. ...Less

China's Global Times labels Anthropic CEO's AI development slowdown proposal a "Cold War playbook." The e ...More

China's Global Times labels Anthropic CEO's AI development slowdown proposal a "Cold War playbook." The editorial claims the plan aims to curb China's technological progress and maintain US dominance. US lawmakers are considering new AI rules after researchers warned of existential risks. Donald Trump dismissed these concerns, emphasizing US leadership in artificial intelligence. Both nations plan to discuss frontier AI safety risks soon. ...Less

Shares of SoftBank, which owns about 13 per cent of OpenAI, fell over 11 per cent on Monday. South Korea' ...More

Shares of SoftBank, which owns about 13 per cent of OpenAI, fell over 11 per cent on Monday. South Korea's benchmark index Kospi, home to major suppliers of AI chip stocks, dropped nearly 4 per cent, while Japan's Nikkei 225 index declined 1 per cent. The Nasdaq 100 futures index pointed to a 1.3 per cent lower opening for the US tech-heavy index. ...Less

At the same time, the technology industry is debating whether to slow the pace of AI development. Anthrop ...More

At the same time, the technology industry is debating whether to slow the pace of AI development. Anthropic CEO Dario Amodei advocated slowing AI development amid concerns over the risk of losing control of increasingly advanced AI systems. ...Less

Chinese President Xi Jinping will visit Washington next week for high-stakes talks with US President Dona ...More

Chinese President Xi Jinping will visit Washington next week for high-stakes talks with US President Donald Trump. The Chinese leader's arrival will be met with an unusual welcome at Joint Base Andrews. Key discussions will focus on tariffs, artificial intelligence, and rare earth minerals. Tech executives and government officials will attend a state dinner hosted by the Trumps. The visit concludes with a private tea and a tour of the National Archives. ...Less

Tech leaders like Amodei, Altman, and Musk are raising alarms about AI's potential dangers, fueling wides ...More

Tech leaders like Amodei, Altman, and Musk are raising alarms about AI's potential dangers, fueling widespread 'doom' fears. Their public statements highlight concerns that are contributing to a growing sense of unease regarding the future implications of artificial intelligence development and its societal impact. ...Less

Mushrooms sent to space return to Earth & end up in pasta: Australian scientists sent fungal mycelium to ...More

Mushrooms sent to space return to Earth & end up in pasta: Australian scientists sent fungal mycelium to the International Space Station as part of an experiment to study how edible fungi respond to space conditions. After the samples returned to Earth, researchers successfully cultivated lion's mane mushrooms and later used them to prepare a creamy pasta sauce. The experiment could help scientists better understand whether fungi can remain viable after spaceflight and explore their potential role in sustainable food production during future long-duration space missions. ...Less

Rajesh Palviya, Head of Research at Axis Direct, believes another US rate hike could tighten global finan ...More

Rajesh Palviya, Head of Research at Axis Direct, believes another US rate hike could tighten global financial conditions, strengthen the dollar and accelerate capital outflows from emerging markets. ...Less

Anthropic is considering rolling out a new AI model to counter OpenAI's momentum since its launch of GPT- ...More

Anthropic is considering rolling out a new AI model to counter OpenAI's momentum since its launch of GPT-6 Astra, according to three sources, ahead of an expected IPO and after its CEO called for an industrywide slowdown. ...Less

In this episode of ETMarkets Smart Talk, Varun Saboo, Head – Equities at Anand Rathi Share and Stock Brok ...More

In this episode of ETMarkets Smart Talk, Varun Saboo, Head – Equities at Anand Rathi Share and Stock Brokers, breaks down the hidden cost of frequent trading, explains why the impact differs sharply between long-term investors and active traders, and shares what investors should keep in mind when evaluating returns after transaction costs. ...Less

While the recent rise in yields may make short-tenor bonds more attractive, the long end remains vulnerab ...More

While the recent rise in yields may make short-tenor bonds more attractive, the long end remains vulnerable to global rate pressures and domestic fiscal risks. Apoorva Javadekar, Chief Economist at Shriram Group, believes the 2-year segment offers a relatively attractive entry point, while investors should remain cautious on long-duration bonds. ...Less

The 2021 NASA seed experiment ultimately demonstrates why some of the most important space discoveries ca ...More

The 2021 NASA seed experiment ultimately demonstrates why some of the most important space discoveries can begin with objects that appear remarkably simple. A tiny seed contains the potential for an entire crop, yet its ability to remain viable after prolonged exposure to the space environment could become increasingly important as human exploration moves farther from Earth. ...Less

President Donald Trump has rejected calls from Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman and Elon ...More

President Donald Trump has rejected calls from Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman and Elon Musk to slow advanced AI development and strengthen safeguards. The debate highlights growing concerns over AI risks, cybersecurity threats and regulation as the US seeks to maintain its technological lead over China. ...Less

"We're leading China in AI. We're the most sophisticated country in the world, ⁠and frankly ⁠I want to ke ...More

"We're leading China in AI. We're the most sophisticated country in the world, ⁠and frankly ⁠I want to keep it that way because whoever wins AI wins," Trump told reporters at his Ireland golf course, when asked if the AI industry should slow down or be more regulated. ...Less

The decline came after OpenAI Chief Executive Sam Altman said in an interview with Fortune published Satu ...More

The decline came after OpenAI Chief Executive Sam Altman said in an interview with Fortune published Saturday that the company behind ChatGPT would likely wait until next year for a sale of its stock on Wall Street. That would delay a potential gusher of cash for Softbank and other early investors in OpenAI. ...Less

The comments come as more US lawmakers urge new rules to govern AI systems after dire warnings from two r ...More

The comments come as more US lawmakers urge new rules to govern AI systems after dire warnings from two researchers from OpenAI rival Anthropic that rapidly progressing AI could lead to the extinction of the human race in the not-too-distant future. ...Less

Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5. ...More

Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5. ...Less

Aman Sanger, an entrepreneur is pivotal in SpaceX's transformative $60 billion deal to acquire Anysphere, ...More

Aman Sanger, an entrepreneur is pivotal in SpaceX's transformative $60 billion deal to acquire Anysphere, the innovator of the AI coding platform known as Cursor. This acquisition has rapidly elevated Sanger and his co-founders to billionaires within the tech landscape. Founded in 2022, Cursor enhances coding by enabling natural language interactions, perfectly aligning with Elon Musk's expansive vision for AI integration across his enterprises. ...Less

Astronauts on the International Space Station engaged in a fascinating experiment with Nickelodeon's icon ...More

Astronauts on the International Space Station engaged in a fascinating experiment with Nickelodeon's iconic green slime. This unexpected project not only tapped into childhood nostalgia but also served as a crucial physics study, analyzing how the slime reacts in microgravity. The results promise to enhance our understanding of fluid dynamics in space, offering significant insights for future technological advancements. ...Less

Anthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow th ...More

Anthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligence. Both Elon Musk, who runs xAI, and Sam Altman, CEO of OpenAI, said they agree with Amodei. ...Less

Anthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startu ...More

Anthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the people said. Nvidia is considering investing up to $10 billion in the ⁠IPO, one ⁠of the sources added. The plans remain under discussion and could change, they cautioned, requesting anonymity because the discussions are confidential. ...Less

Rego says the firm’s multibagger framework looks for emerging leaders where earnings could potentially do ...More

Rego says the firm’s multibagger framework looks for emerging leaders where earnings could potentially double over the next three to five years, while valuations remain reasonable. The focus is on identifying businesses where the fundamentals are improving before the market fully recognises their potential. ...Less

AI leaders urge a slowdown in advanced model development for safety measures. This call has caused signif ...More

AI leaders urge a slowdown in advanced model development for safety measures. This call has caused significant market reactions and stock price drops. Infrastructure suppliers faced pressure while software firms saw a temporary reprieve. Investors are reassessing AI growth assumptions and company valuations. The future of AI spending hinges on strategic importance and government involvement. ...Less

Japanese government bond yields at the short end fell as a stronger yen reduced expectations of aggressiv ...More

Japanese government bond yields at the short end fell as a stronger yen reduced expectations of aggressive Bank of Japan rate hikes. The two-year yield dropped to 1.835%, while the five-year yield declined to 2.22%. Longer-term yields were mixed as investors weighed currency movements, fiscal spending and future BOJ policy. ...Less

Aman Sanger, the 26-year-old co-founder of AI coding startup Cursor, is at the centre of Elon Musk’s $60 ...More

Aman Sanger, the 26-year-old co-founder of AI coding startup Cursor, is at the centre of Elon Musk’s $60 billion SpaceX acquisition. Born to Indian immigrant parents, Sanger’s family has IIT Bombay and Wall Street connections. The deal has also intensified tensions between Musk and OpenAI CEO Sam Altman after OpenAI ended its Cursor relationship. ...Less

The Chinese companies copied U.S. AI labs' intellectual property through a technique known as distillatio ...More

The Chinese companies copied U.S. AI labs' intellectual property through a technique known as distillation, according ⁠to ⁠a statement from U.S. law enforcement and intelligence officials. Distillation is the process of training smaller AI models using output from larger, more expensive ones as part of an effort to lower the costs of training a new AI tool. ...Less

China’s consumer inflation accelerated to 0.8% in August, while producer prices rose 3.8%, both slightly ...More

China’s consumer inflation accelerated to 0.8% in August, while producer prices rose 3.8%, both slightly above July levels. Despite the improvement, subdued domestic demand remains a major concern, with consumer prices below Beijing’s 2% target for years. Strong exports, technology industries and AI-related demand continue supporting economic growth. ...Less

Japan’s Nikkei rose 0.43% to 65,549.88, supported by renewed optimism in AI, semiconductor and data-centr ...More

Japan’s Nikkei rose 0.43% to 65,549.88, supported by renewed optimism in AI, semiconductor and data-centre demand despite Middle East tensions and higher oil prices. Strong manufacturer confidence and gains in technology stocks boosted sentiment, while a stronger yen and expectations of Bank of Japan rate hikes limited broader market advances. ...Less

Trump's "The Moon is Ours" post signals emerging lunar geopolitics. Nasa's Artemis program plans a perman ...More

Trump's "The Moon is Ours" post signals emerging lunar geopolitics. Nasa's Artemis program plans a permanent lunar presence, focusing on resource-rich areas. Private companies like SpaceX and Blue Origin are now key players in lunar development. China and Russia are also building their own lunar infrastructure and partnerships. This competition focuses on practical control and access to lunar resources. ...Less

South Korean shares rose sharply on Wednesday, led by Samsung Electronics and SK Hynix as optimism over a ...More

South Korean shares rose sharply on Wednesday, led by Samsung Electronics and SK Hynix as optimism over artificial intelligence supported semiconductor stocks. The KOSPI gained 1.44%, while the won strengthened against the US dollar and Korean government bond yields edged lower. Foreign investors, however, remained net sellers of South Korean equities. ...Less

In a strategic financial maneuver, Anthropic is set to extend its credit facility to an impressive fiftee ...More

In a strategic financial maneuver, Anthropic is set to extend its credit facility to an impressive fifteen billion dollars, with Morgan Stanley at the helm of this major deal for the AI enterprise. This development arrives before Anthropic's much-anticipated initial public offering. The company has its sights set on raising significant capital, possibly even more than SpaceX. This enhancement follows a previously acquired smaller credit line from last year. ...Less

Data centers are running into a wall of public anger in the United States over their thirst for water and ...More

Data centers are running into a wall of public anger in the United States over their thirst for water and power. "There are incentives," Ren said, but they have more to do with public relations amid the growing backlash to data centers across the United States. ...Less

Happy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the ...More

Happy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in today’s ETtech Morning Dispatch. ...Less

Elon Musk's America PAC spent over $800,000 on Republican candidates recently. This funding supported cam ...More

Elon Musk's America PAC spent over $800,000 on Republican candidates recently. This funding supported campaign materials for close midterm election races. Texas Attorney General Ken Paxton received significant financial backing from the PAC. Senator Susan Collins and Senator Jon Husted also benefited from this spending. The PAC's actions aim to influence voter turnout in key battleground states. ...Less

The White House is reportedly urging American space firms to decline an invitation to a Paris summit. Thi ...More

The White House is reportedly urging American space firms to decline an invitation to a Paris summit. This discouragement stems from concerns about tacit support for European Union policy positions. Officials also cited a lack of US coordination and perceived anti-competitive practices by France. The summit aims to discuss challenges related to the use of outer space. Global leaders and companies are expected to attend the French-German co-chaired event. ...Less

Anthropic has delayed its initial public offering marketing to mid-October at the earliest, with completi ...More

Anthropic has delayed its initial public offering marketing to mid-October at the earliest, with completion targeted just before the US midterm elections in November. The potential $2 trillion AI listing was pushed back as the company works to finalise a $15 billion credit facility and release its prospectus. ...Less

OpenAI said it was ⁠not confident that SpaceX would use its technology "within our terms of service." ...More

OpenAI said it was ⁠not confident that SpaceX would use its technology "within our terms of service." ...Less

The artificial intelligence company had been expected to make its IPO prospectus public as early as next ...More

The artificial intelligence company had been expected to make its IPO prospectus public as early as next week, two of the people said, a ⁠crucial ⁠step that would kick off the final stages of the offering. Now that is not expected until late September, the people added, cautioning that the plans, including the timing, are subject to change. ...Less

The proposed shift has triggered concerns within the space agency, with nine employee associations writin ...More

The proposed shift has triggered concerns within the space agency, with nine employee associations writing to the Department of Space in a letter on September 4, seeking clarity on reports that production of its rockets SSLV, PSLV and LVM3 could eventually move to the private sector, along with routine satellite manufacturing and the operation of new launch infrastructure. ...Less

In 2015, fruit flies were sent to International Space Station to study how microgravity and the space env ...More

In 2015, fruit flies were sent to International Space Station to study how microgravity and the space environment affect the innate immune system. NASA’s Fruit Fly Lab-01 tested how weightlessness affects immunity and also tested a new research platform. The mission used fruit flies because of their genetic links to humans and their short life cycle. ...Less

Trump administration, citing a need for energy security and job creation, has already announced plans for ...More

Trump administration, citing a need for energy security and job creation, has already announced plans for new offshore oil leases in California as well as Florida, where the federal government has not allowed drilling since 1995 because of concerns about oil spills in the Gulf of Mexico. ...Less

Cursor, the AI-powered coding tool built by startup Anysphere, was one of OpenAI's earliest and most prom ...More

Cursor, the AI-powered coding tool built by startup Anysphere, was one of OpenAI's earliest and most prominent customers. It integrated OpenAI's models into its product for years and relied on OpenAI's platform. ...Less

The company's second Starbase campus will eventually launch thousands of Starship flights a year, SpaceX ...More

The company's second Starbase campus will eventually launch thousands of Starship flights a year, SpaceX President Gwynne Shotwell said, reiterating its goals for an ambitious cadence contingent on solving steep engineering challenges and regulatory hurdles. ...Less

Mukesh Ambani is pitching Jio Platforms as more than a telecom company ahead of its IPO, highlighting tho ...More

Mukesh Ambani is pitching Jio Platforms as more than a telecom company ahead of its IPO, highlighting thousands of patents, AI and proprietary technology. But questions remain over the commercial value of its intellectual property and whether its technology ambitions justify a potential $120-140 billion valuation. ...Less

Mark Zuckerberg and Elon Musk on Tuesday stressed the need for more AI data centers and the electric powe ...More

Mark Zuckerberg and Elon Musk on Tuesday stressed the need for more AI data centers and the electric power needed to support them at a meeting of G20 technology ministers focused on the disruptions and opportunity brought by artificial intelligence. In separate remarks, Tesla and SpaceX chief Musk stressed the massive amounts of electricity needed by the AI data centers, calling out a "crisis of power" in the AI buildout that was giving China the advantage. ...Less

Anthropic is planning to unveil its IPO prospectus after Labour Day, with a potential listing in late Sep ...More

Anthropic is planning to unveil its IPO prospectus after Labour Day, with a potential listing in late September or early October, The Information reported on Thursday, citing people familiar with the process. The startup confidentially filed for a public listing earlier this year, as ⁠it races ⁠with rival OpenAI to their market debuts amid strong investor appetite for AI firms. ...Less

Technology companies are stepping up their climate commitments but not fast enough to counter rapidly inf ...More

Technology companies are stepping up their climate commitments but not fast enough to counter rapidly inflating energy needs linked to the artificial intelligence boom, a report said Wednesday. This year's edition, based on 2024 data, found that artificial intelligence "is both a driver of efficiency and a growing challenge", the ITU said in a statement. ...Less

In a surprising turn, Republican leaders are now standing against data center projects due to increasing ...More

In a surprising turn, Republican leaders are now standing against data center projects due to increasing public resistance. This development coincides with a surge of support for Democrats from local communities opposing such facilities. Texas Governor Greg Abbott has advocated for tighter restrictions on data centers. Big tech firms are investing heavily to combat unfavorable public opinion, highlighting the emerging political divide among Republicans. ...Less

Leaders are convening at a key moment in the AI sector's development and the global debate over how to go ...More

Leaders are convening at a key moment in the AI sector's development and the global debate over how to govern it, and as the US faces an increasing threat from China for AI supremacy. ...Less

NASA's Roman Space Telescope is launching soon aboard a SpaceX rocket. This observatory will survey the c ...More

NASA's Roman Space Telescope is launching soon aboard a SpaceX rocket. This observatory will survey the cosmos for dark energy and dark matter. It aims to test the standard model of cosmology and its expansion rate. Roman will also discover thousands of exoplanets beyond our solar system. Its wide-field view complements other missions for a complete cosmic picture. ...Less

Elon Musk, David Sacks, Jensen Huang and Sam Altman are set to speak at next week’s Group of 20 tech meet ...More

Elon Musk, David Sacks, Jensen Huang and Sam Altman are set to speak at next week’s Group of 20 tech meeting. ...Less

Anthropic will permanently increase standard weekly limits for Claude Code by 25%. This change follows a ...More

Anthropic will permanently increase standard weekly limits for Claude Code by 25%. This change follows a temporary 50% usage boost which ends September 14th. Paid users will experience a 17% reduction in their weekly Claude Code capacity. The company plans future improvements for better usage visibility and control. ...Less

Russian-speaking hackers exploited SpaceX's AI coding assistant, Cursor, for company intrusions. This AI- ...More

Russian-speaking hackers exploited SpaceX's AI coding assistant, Cursor, for company intrusions. This AI-boosted hacking spree targeted at least seven firms earlier this year. The cybercriminals tricked the AI into performing malicious operations by claiming it was a simulation. Gambit Security's report detailed these AI-assisted cyberattacks and their methods. ...Less

US President Donald Trump invested up to fifty thousand dollars in Elon Musk's SpaceX company. This inves ...More

US President Donald Trump invested up to fifty thousand dollars in Elon Musk's SpaceX company. This investment occurred on June twenty-third, following the company's initial public offering. Third-party institutions manage the president's investment portfolio independently. ...Less

Financial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned A ...More

Financial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, impacting global financial systems. Many nations lack systems to manage advanced AI deployment effectively. Stretched AI company valuations and debt market vulnerabilities also pose risks. ...Less

Florida's Space Coast is preparing for a busy launch schedule. SpaceX will launch Starlink satellites usi ...More

Florida's Space Coast is preparing for a busy launch schedule. SpaceX will launch Starlink satellites using a reusable Falcon 9 rocket. NASA's Roman Space Telescope will launch aboard a powerful Falcon Heavy rocket. Crewed missions and commercial satellites will also fill the autumn manifest. Spectators should monitor weather and range updates for viewing opportunities. ...Less

Anthropic plans to pitch investors on a colossal total addressable market (TAM) exceeding $30 trillion fo ...More

Anthropic plans to pitch investors on a colossal total addressable market (TAM) exceeding $30 trillion for its upcoming IPO, surpassing SpaceX's previous $28.5 trillion record. By mapping out all work AI models could automate, Anthropic aims to justify its massive infrastructure spending, support its projected $200 billion 2028 revenue target, and validate its upcoming stock listing. ...Less

The complaint, lodged Wednesday in the Northern District of California by an anonymous plaintiff identifi ...More

The complaint, lodged Wednesday in the Northern District of California by an anonymous plaintiff identified as Jane Doe 1, alleges that xAI designed Grok to alter real photographs of identifiable people into sexual content and then published the results directly to the X social media platform (formerly Twitter). ...Less

NASA’s Nancy Grace Roman Space Telescope has launched aboard a SpaceX Falcon Heavy, beginning a mission t ...More

NASA’s Nancy Grace Roman Space Telescope has launched aboard a SpaceX Falcon Heavy, beginning a mission to survey vast areas of the universe. With a field of view at least 100 times larger than Hubble’s, Roman will study dark matter, dark energy, distant galaxies and thousands of exoplanets. ...Less

NASA's Roman Space Telescope is set for a Sunday launch to explore cosmic mysteries. This powerful observ ...More

NASA's Roman Space Telescope is set for a Sunday launch to explore cosmic mysteries. This powerful observatory will investigate dark energy and map dark matter distribution. It will also search for distant planets using advanced gravitational microlensing techniques. After its journey, the telescope will orbit the Sun near the James Webb Space Telescope. Roman's mission aims to deepen our understanding of the universe's expansion and evolution. ...Less

The merger talks, which a third person said have evolved into a discussion about a partnership, underscor ...More

The merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure the resources and talent needed to build its own chips. The goal is to help Anthropic accelerate its in-house chip development. ...Less

China and the United States are developing advanced military space capabilities. Both nations are prepari ...More

China and the United States are developing advanced military space capabilities. Both nations are preparing for potential conflict extending into Earth's orbit. Maneuverable satellites and spaceplanes are key components of these evolving strategies. Allied nations are also participating in joint military operations in space. This competition highlights the growing importance of space for national security. ...Less

NASA's new Roman Space Telescope has launched aboard a SpaceX Falcon Heavy rocket. This advanced observat ...More

NASA's new Roman Space Telescope has launched aboard a SpaceX Falcon Heavy rocket. This advanced observatory will seek planets and study dark energy in space. It will cast a wide gaze on the universe, uncovering hidden cosmic secrets. The telescope's massive field of view will find thousands of supernovae and billions of galaxies. Roman's speed and sensitivity promise unprecedented discoveries about the cosmos. ...Less

Anthropic ⁠has been aggressively expanding its computing power to meet demand growth it expects for produ ...More

Anthropic ⁠has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Code. Nscale, a cloud infrastructure provider, will deploy Nvidia's new Vera Rubin chips to support Anthropic's computing needs, the person said. ...Less

Elon Musk raises concerns that relying solely on sustainable energy might not avert extinction events. He ...More

Elon Musk raises concerns that relying solely on sustainable energy might not avert extinction events. He advocates for innovative solutions like space satellites and geoengineering to combat climate change. Such technologies could effectively manage global temperatures for eons. Nevertheless, urgent measures are required now to tackle rising sea levels, especially as Florida braces for substantial flooding risks by 2070. ...Less

SpaceX and Nvidia have developed a space-optimised Vera Rubin NVL72 AI system that is planned for launch ...More

SpaceX and Nvidia have developed a space-optimised Vera Rubin NVL72 AI system that is planned for launch into orbit in the fourth quarter of 2027, said Elon Musk. Resharing an Nvidia post, Musk said the system will see significant scale-up in 2028 as SpaceXAI is expanding its AI infrastructure. ...Less

In the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due ...More

In the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a blockbuster initial public offering raising $1.7 billion, in one of the city's biggest new share sales this year. ...Less

China’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced ...More

China’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong and Shanghai have already raised over $54 billion through IPOs and secondary listings in 2026, while blockbuster debuts such as CXMT and Unitree highlight the enthusiasm for tech stocks. ...Less

Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks ...More

Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse SpaceX's record Wall Street debut in June. - Stomaching the losses - According to Bloomberg, Anthropic intends to surpass the record $86.2 billion that Elon Musk's SpaceX raised in its June IPO. SpaceX, which absorbed Musk's AI startup xAI before going public, made its listing a partial AI bet, too. ...Less

The “Machine Age Fund” will invest in AI computer infrastructure such as chips, memory, networking and st ...More

The “Machine Age Fund” will invest in AI computer infrastructure such as chips, memory, networking and storage, the firm said in a blog post on Friday, and will also include data centers, robotics and home appliances. ...Less

NASA is preparing to launch its new flagship space telescope on Sunday, embarking on a multi-year mission ...More

NASA is preparing to launch its new flagship space telescope on Sunday, embarking on a multi-year mission to create an unprecedented map of the cosmos and shed light on some of the biggest mysteries in physics. "It will be the biggest catalog of astronomical objects anybody's ever produced, and it will help us understand how common are solar systems like our own," Dave Content, Roman's technical manager, told AFP. dark matter and dark energy. ...Less