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Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...- Sarvam appoints Thinking Machines Lab founding member Devendra Singh Chaplot as advisorSarvam AI has appointed Devendra Singh Chaplot as an advisor. Chaplot was a founding member of Mistral AI and Thinking Machines Lab. The ap...
- SpaceX gets $1.6 billion US Space Force order for 18 Falcon 9 launchesSpaceX secured $1.6 billion in U.S. Space Force launch contracts for Pentagon satellites. These missions will utilize eighteen Falcon 9 lau...
- Once rejected by NASA and Boeing, Peter Beck built Rocket Lab into a SpaceX and Blue Origin rival with 2,500 employees across the US, Canada and New ZealandRocket Lab founder Sir Peter Beck is now taking on Elon Musk's SpaceX and Jeff Bezos' Blue Origin. Peter Beck was once rejected by NASA and...
- SpaceX launches Starship on another test flight, this time with the most advanced StarlinksElon Musk's SpaceX had replaced six of the 33 engines on the first-stage booster after they failed to ignite last week, resulting in a last...
- Musk leaves door open to Tesla-SpaceX mergerElon Musk has suggested a possible merger between Tesla and SpaceX, citing increasing overlap. Investors now believe a combination of these...
- US Stock Market: Goldman Sachs launches new private markets platform to expand offerings for wealthy clientsGoldman Sachs has launched a new platform to expand private market offerings. Investor demand for access to privately held companies contin...
- Blue Origin's stock policy leaves employees worried after Elon Musk's SpaceX IPO made workers millionaires—but there's one surprising exemptionBlue Origin's new stock policy: SpaceX's successful IPO contrasts with Jeff Bezos' Blue Origin's new stock incentive plan. This plan includ...
- Pawan Kumar Chandana: Meet India's Elon Musk, the Skyroot CEO who once scored 50 in maths and has now sent Vikram-1 into spacePawan Kumar Chandana (Google Trends): Skyroot Aerospace CEO and co-founder Pawan Kumar Chandana, a child who was once bad at maths, is now ...
- Shanghai Xingshu launches first constellation of its space-based computing projectShanghai Xingshu Tiansuan launched its first space-computing constellation on Saturday. This project aims to deploy a total of one thousand...
- Skyroot's Vikram-1 beats SpaceX in 1st attempt: How Pawan Kumar Chandana's team achieved what even Elon Musk couldn't in three triesSkyroot Aerospace successfully launched its Vikram-1 rocket into orbit on Saturday. This marked India's first privately developed rocket to...
- Elon Musk's SpaceX in talks to supply the Pentagon with computing power: ReportAccording to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling co...
- Chinese AI model takes US tech industry by surprise with abilities rivalling Claude, ChatGPTThe newest Kimi K3 model from Beijing-based startup Moonshot, run by a Pink Floyd-loving entrepreneur who earned his doctorate in Pittsburg...
- Meta, Anthropic in talks for potential $10 billion compute lease dealSuch a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms su...
- SpaceX shares fall below IPO price for first time as post-listing excitement fadesSpaceX shares slipped below their IPO price for the first time, signalling fading investor enthusiasm after a strong debut. The decline hig...
- Morgan Stanley beats profit estimates on dealmaking boost, strong tradingMorgan Stanley has showcased an impressive performance for the second quarter, surpassing Wall Street's earnings expectations. The surge in...
- China takes a page from SpaceX and recaptures the first stage of a rocket to reuse itChina successfully recovered its first rocket stage on Friday. This marks a significant advancement for the nation's space program. Other c...
- With SpaceX Starship, Japan's ispace provides ride-share to the moonJapanese company ispace will start a new lunar cargo service. This venture will utilise Elon Musk's SpaceX Starship heavy rocket. The compa...
- SpaceXAI plans to launch new model with Cursor as soon as WednesdayElon Musk's SpaceX said in June it would buy Anysphere, the startup behind popular AI coding agent Cursor, in an all-stock deal worth $60 ...
- Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weaponMorgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies bey...
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