Startups

Retail investors talked up five hot stocks this week (June 8 to June 12) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, listings, AI infrastructure momentum, and corporate/geopolitical news flow. Space Exploration Technologies Corp. (NASDAQ:SPCX), Super Micro Computer...

The family of a senior House Republican could be sitting on a sizable paper gain after an investment in Elon Musk’s artificial intelligence startup xAI became tied to SpaceX (NASDAQ:SPCX) ahead of the company’s historic public debut. McClain Family’s xAI Bet Tied To SpaceX IPO...

OpenAI is reportedly facing a multi-state investigation as attorneys general examine the company’s data practices, safety measures and the potential impact of its artificial intelligence products on consumers ahead of its anticipated initial public offering. State Attorneys General Seek...

Tesla Inc. (NASDAQ:TSLA) Elon Musk officially became the world’s first trillionaire on Friday after SpaceX’s (NASDAQ:SPCX) highly anticipated public debut boosted the value of his holdings and reignited a debate over wealth inequality and taxes on the ultra-rich. SpaceX IPO Pushes Elon...

Jeff Bezos said that he has embraced being a CEO again at AI startup Prometheus, describing the role as “Type 2 fun,” the kind you appreciate only after the climb is over. The 62-year-old billionaire, speaking on CNBC’s “Squawk on the Street” this week, said running...

Anthropic has abruptly disabled access to its flagship Fable 5 and Mythos 5 artificial intelligence models after the U.S. government ordered the startup to block foreign nationals from using the systems, citing national security authorities. The startup said it received the export-control order at...

New On The Block Sangamo Therapeutics, Inc. (NASDAQ:SGMO), a genomic medicine company, announced that, after extensive consideration of the company's pipeline and financial resources, it has retained Raymond James as its financial advisor to assist in evaluating a full range of strategic...

OpenAI has acquired cloud-based developer Ona to power Codex with secure, customer-controlled cloud infrastructure for long-running AI agents that can continue working across devices and sessions even after a browser is closed or a computer is shut down. The ChatGPT parent company said the...

An OpenAI employee who joined dozens of industry peers in filing an amicus brief supporting Anthropic in its legal battle against the Pentagon said he is withdrawing his signature.  In a post on X, Brian Fioca cited Anthropic’s decision to reverse a policy that had limited competitors...

Anthropic CEO Dario Amodei has warned that increasingly powerful AI systems cannot be safely entrusted to governments or corporations alone, arguing that both require meaningful checks and balances as artificial intelligence becomes more capable. In an essay published Wednesday, Amodei also said...

Chinese propaganda operatives allegedly exploited OpenAI’s chatbot platform to amplify opposition to President Donald Trump‘s tariffs and influence U.S. discussions on data centers and artificial intelligence. OpenAI’s report identified two main clusters of activity. The first,...

Standard Bots has raised $200 million in a Series C funding round that values the robotics company at $1 billion. The round comes as the manufacturer looks to accelerate production of AI-driven industrial automation systems. RoboStrategy, a robotics-focused fund, led the effort alongside General...

The upcoming SpaceX IPO could impact the U.S. economy by potentially refinancing a portion of the country’s current account deficit in a single day. Currency strategists at Commerzbank, led by Volkmar Baur, have studied the possible effects of SpaceX’s IPO, which is set to raise $...

A sharp sell-off in technology and semiconductor stocks ahead of Friday's massive $75 billion SpaceX IPO has ignited a fierce debate on Wall Street, pitting Fundstrat's Tom Lee—who views the market dip as a “healthy” consolidation—against Seabreeze Capital's Doug Kass, who slammed the...

The initial public offering (IPO) of Elon Musk‘s SpaceX has reportedly seen an overwhelming response from investors, ahead of its debut on June 12. The company’s IPO has attracted over $250 billion in investor demand, significantly higher than the $75 billion it aimed to raise....