Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...
15 Aug, 2026, 12.44 PM IST
AI startup Cognition in new funding talks at $40 billion valueCognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...
13 Aug, 2026, 06.22 PM IST
SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
06 Aug, 2026, 08.36 PM IST
Meta chases OpenAI, Anthropic with new AI coding app Muse CodeMeta entered the race for automated coding tools on Wednesday when it announced a new app for developers of artificial intelligence product...
06 Aug, 2026, 07.47 AM IST
Cursor launches India specific subscription plan for developersCursor Start, a new subscription plan, has been launched for Indian developers. This plan offers access to advanced AI tools and autonomous...
28 Jul, 2026, 07.17 PM IST
SpaceX at $100 would imply zero AI value, Morgan Stanley saysSpaceX shares have fallen significantly, nearing a valuation that ignores its artificial intelligence business. Morgan Stanley analysts bel...
27 Jul, 2026, 11.31 PM IST
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...
18 Jul, 2026, 08.22 AM IST
Vibe-coding startup Emergent's valuation jumps 5x to $1.5 billion in new fundingThe latest financing takes Emergent's total capital raised since inception to $230 million. The startup last raised $70 million in January,...
15 Jul, 2026, 06.29 PM IST
SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...
10 Jul, 2026, 08.18 PM IST
SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
10 Jul, 2026, 07.04 PM IST
SpaceXAI launches Grok 4.5 model for coding, agentic tasksSpaceXAI on Wednesday launched the Grok 4.5 AI model, calling it the company's most intelligent offering to date designed for coding and ag...
09 Jul, 2026, 08.22 AM IST
Elon Musk says Grok 4.5 to launch on July 9, calls it 'Opus-class'xAI is speeding up development amid the race for the fastest and cheapest model in the AI space. Grok 4.5 first surfaced in private beta at...
08 Jul, 2026, 06.22 PM IST
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 ...
08 Jul, 2026, 10.12 AM IST
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...
07 Jul, 2026, 12.42 PM IST
Elon Musk says Grok 4.5 is now in private beta, claims performance near or above Anthropic's OpusMusk said reinforcement learning is continuing to improve the model and that "Grok Build," xAI's coding-agent harness, is being refined dai...
28 Jun, 2026, 06.24 PM IST
SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
16 Jun, 2026, 08.44 PM IST
Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut....
16 Jun, 2026, 08.15 PM IST