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Leaked OpenAI Financials Reveal A Stunning $38.5 Billion Loss
Tuesday, June 16, 2026 - 3:38pm | 424Read More...OpenAI's confidential IPO filing is drawing fresh attention after a report said the ChatGPT maker posted a sharply larger loss in 2025, alongside massive spending tied to building and running AI systems. OpenAI's net loss expanded to about $39 billion in 2025 from $5 billion in 2024, The...
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Anduril And Shield AI: A Massive Bet On Autonomous Warfare, Or The Next AI Bubble?
Tuesday, June 16, 2026 - 3:24pm | 824Read More...Defense technology startups have attracted a record $14.6 billion in venture funding during the first five months of 2026, surpassing the previous full-year record before the calendar even reached June. At the center of the frenzy are two of the industry’s biggest names: Anduril Industries...
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Why Did SpaceX Buy Cursor? The Merger Filing Offers Clues
Tuesday, June 16, 2026 - 2:38pm | 804Read More...The $60 billion valuation grabbed the headlines. But the most interesting details in Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) acquisition of Cursor-maker Anysphere may be found in the details of the merger filing rather than the price tag. While investors and AI enthusiasts...
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Databricks Makes Third Cyber Acquisition, Acquiring Panther Labs
Tuesday, June 16, 2026 - 1:53pm | 472Read More...Databricks has agreed to acquire Panther Labs for an undisclosed price to expand the data company's footprint in cybersecurity. The San Francisco-based company positioned the deal as a step toward competing with larger rivals CrowdStrike and Splunk, Reuters reported. Panther Labs was last valued at...
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The AI Boom Is Becoming A $4.1 Trillion Debt Story, JPMorgan Says
Tuesday, June 16, 2026 - 1:48pm | 876Read More...The race to build artificial intelligence infrastructure is no longer just a technology story. According to JPMorgan, it’s rapidly becoming one of the largest financing stories on Wall Street. In an analyst report, published Tuesday, the firm projected that AI-related debt financing will...
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Schmid Shares Advance As AI Infrastructure Demand Boosts Equipment Orders
Tuesday, June 16, 2026 - 10:14am | 489Read More...Schmid Group N.V. (NASDAQ:SHMD) stock price spiked Tuesday after the company reported more than 26 million euros (roughly $30 million) in combined order intake since mid-May 2026. The German technology company said demand came from advanced PCB and substrate manufacturing technologies used in AI...
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Rick Scott Warns AI Is Creating 'New National Security Threats,' Pushes Bill Requiring Public Terrorism Risk Reports
Tuesday, June 16, 2026 - 5:09am | 555Read More...On Monday, Sen. Rick Scott (R-Fla.) warned that artificial intelligence is accelerating new national security risks and called for mandatory federal reporting on how terrorist groups may be using generative AI tools. AI Terrorism Risk Bill Pushes Federal Transparency In a post on X, Scott said that...
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Meta's New AI Search Could Generate $10 Billion A Year— And Challenge Google's Dominance
Tuesday, June 16, 2026 - 4:41am | 856Read More...Meta Platforms Inc. (NASDAQ:META) unveiled an artificial intelligence (AI) tool within Facebook Search on Monday, which could potentially rake in billions in yearly revenue, according to an analyst. The new feature, dubbed “AI Mode,” uses Meta’s AI to answer search queries...
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Vinod Khosla Calls Stanford Students' Walkout During Sundar Pichai's Commencement Speech 'Selfish'
Tuesday, June 16, 2026 - 4:27am | 775Read More...On Sunday, Venture capitalist Vinod Khosla criticized Stanford students who walked out during Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Google CEO Sundar Pichai's commencement address, calling their protest "idiotic" and "selfish." Stanford Graduation Walkout The disruption took...
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The AI Infrastructure Surge Is Now Bigger Than The AI Boom Itself
Monday, June 15, 2026 - 4:09pm | 666Read More...For the past two years, investors seeking exposure to artificial intelligence have largely chased the companies building the models: OpenAI, Anthropic, xAI, and other headline-grabbing startups promising to reshape the economy. But a growing body of venture data suggests the real AI trade may have...
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OpenAI Brings In Netflix Talent To Run Hiring
Monday, June 15, 2026 - 3:30pm | 552Read More...Liz Wamai has joined OpenAI as head of recruiting after more than three years at Netflix, as the company looks to beef up its headcount. "I've spent my career helping build teams behind some extraordinary products and companies. I've spent it building teams at the moments that set what a company...
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EXCLUSIVE: SpaceX's Valuation Is 'Sentiment Driven' — Direxion CEO Sees Biggest Risk If Investors Start Demanding Cash Flows
Monday, June 15, 2026 - 8:46am | 417Read More...Space Exploration Technologies Corp. (NASDAQ:SPCX) may have pulled off the largest IPO in history, but one ETF executive says investors should not mistake excitement for fundamentals. “The reality is this name is likely sentiment-driven in the near-term,” Direxion CEO Douglas Yones...
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Box CEO Aaron Levie Says AI Restrictions Could Accelerate Global Shift To Open-Weight Models
Monday, June 15, 2026 - 5:45am | 783Read More...Box Inc. (NYSE:BOX) CEO Aaron Levie warned that recent developments in AI governance could accelerate a global shift toward open-weight artificial intelligence models as countries seek greater control over their own digital infrastructure. Open-Weight AI Models And Sovereign AI Shift On Sunday, in...
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Anthropic Is Racing To Save Its Most Advanced AI Models After Government Intervention: Report
Monday, June 15, 2026 - 5:36am | 455Read More...Anthropic is racing to restore access to its most advanced artificial intelligence (AI) models after a White House export-control order restricted their use on Friday, with senior company officials now in Washington seeking a resolution, according to an Axios report. Why The Government Stepped In...
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EXCLUSIVE: 'Persistent Disagreement' Could Be SpaceX's Biggest Catalyst, Says WisdomTree
Friday, June 12, 2026 - 3:52pm | 575Read More...Wall Street has spent years debating how to value Tesla, Inc. (NASDAQ:TSLA). Space Exploration Technologies Corp (NASDAQ:SPCX) may prove even harder. While investors focus on the company’s blockbuster IPO and trillion-dollar valuation, WisdomTree’s Christopher Gannatti believes the...
















