Tag: Venture capital
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SpaceX faces House Energy Committee demand to tour its AI data centers in Memphis
The ranking member of the House Committee on Energy is demanding SpaceX records and a tour of its data centers and power plants in and around Memphis.
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Elon Musk’s xAI sues Minnesota over law to ban ‘nudify’ apps
Elon Musk’s xAI, now owned by SpaceX, is challenging a law that would ban so-called nudify apps in Minnesota
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SpaceX launches massive Starship rocket in first test flight since IPO
Elon Musk’s rocket maker is conducting the first test fight for its massive Starship rocket since the company’s IPO last month.
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Uber and Waymo to end exclusivity arrangement in Atlanta and Austin
In Atlanta and Austin, Texas, Waymo driverless rides will be available on platforms other than Uber starting in 2028.
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Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
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Anthropic’s new AI model rivals Fable 5 and is cheaper as businesses fret about costs
Anthropic said Claude Opus 5 is its best performing and its most cost-effective offering.
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Alphabet and Tesla test Wall Street’s patience as AI spending overshadows growth
Shares of Alphabet and Tesla dipped after the companies reported massive spending increases in their quarterly earnings reports.
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Tesla set to report second-quarter results after the bell
Tesla’s earnings report lands in the midst of a slide in the company’s stock price even as its core auto business is rebounding.
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Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.
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SpaceX sets earnings date, triggering first lock-up expiration for millions of shares
SpaceX’s stock gained on Tuesday and looked to snap a seven-day losing streak after announcing Aug. 4 as its maiden earnings report
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