Startups

President Donald Trump is expected to sign an executive order on artificial intelligence and cybersecurity as soon as Thursday, according to a Reuters report citing sources familiar with the matter. The report said the order would create a voluntary framework requiring AI developers to share...

The world’s richest entrepreneur is hunting for elite engineers and physicists as investors digest SpaceX‘s blockbuster IPO filing, which positions artificial intelligence as a major growth engine alongside rockets and satellites. The company’s CEO, Elon Musk, on Thursday issued a...

As SpaceX gears up for its IPO in June, an expert has voiced concerns about potential trading volatility amid the influence of founder and top boss Elon Musk. University of Florida finance professor Jay Ritter told Forbes that an "Elon Musk effect" could significantly impact SpaceX's valuation,...

Analog Devices (NASDAQ:ADI) is in advanced talks to acquire AI chip firm Empower Semiconductor for $1.5 ‌billion in cash, Bloomberg reported on Monday. Empower manufactures high-voltage chips for AI processors and data centers. Analog Devices and Empower Semiconductor did not respond to Benzinga...

Hedge fund D1 Capital Partners is reportedly poised to reap significant benefits from the upcoming public listing of Elon Musk‘s SpaceX. D1 Capital’s stake in SpaceX could be worth approximately $20 billion if the rocket manufacturer achieves its anticipated $1.75 trillion valuation,...

Investor Ross Gerber said on Sunday that a conversation with an early Tesla Inc. (NASDAQ:TSLA) employee now working at Slate Auto led him to watch the electric vehicle startup more closely as it prepares to launch a low-cost pickup truck in 2026. Gerber Says Slate Is Worth Watching Closely The...

Salesforce Inc. (NYSE:CRM) CEO Marc Benioff disclosed plans to spend roughly $300 million on Anthropic’s AI this year, primarily for coding, calling the AI startup “a rocket ship that will not stop.” Benioff Backs Anthropic Speaking on the All-In Podcast, Benioff said coding...

CNBC’s Jim Cramer raised red flags over rising speculative excess in the initial public offering market on Friday, warning that SpaceX’s anticipated public debut could inflate valuations to dangerous levels. IPO Sparks Bubble Fears If underwriters release too few shares, Cramer warned,...

Elon Musk's space venture, SpaceX, is reportedly planning its public market debut with a June 12 Nasdaq listing, while a 5-for-1 stock split lowers the per-share price. SpaceX IPO Timeline Moves Ahead Faster Than Expected Musk's company plans to trade under the ticker "SPCX."  The space...

New On The Block GoPro (NASDAQ:GPRO) has retained Houlihan Lokey as financial adviser and Fenwick & West as legal counsel as it explores a potential sale and other strategic alternatives. The company previously disclosed that it had launched a review process following multiple unsolicited...

Anthropic and the Gates Foundation, backed by Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates, have pledged $200 million to further artificial intelligence (AI) initiatives in the health and education sectors. The partnership, set to last four years, is designed to broaden the benefits of AI...

Meta Platforms (NASDAQ:META) AI Chief, Alexandr Wang, has debunked rumors that the company’s SuperIntelligence Lab is staffed with top AI researchers who were poached from rival companies with lucrative pay packages. On the “Core Memory” podcast with tech...

Anduril announced its Series H Funding round has raised $5 billion, putting the defense technology company's valuation at $61 billion. The funding round was led by Josh Kushner's Thrive Capital and Andreessen Horowitz. "This financing gives us the ability to continue investing aggressively in...

On Tuesday, OpenAI CEO Sam Altman took the stand in an Oakland federal courthouse in the Musk-Altman trial. Over more than three hours of questioning from both sides, Altman reportedly addressed the key allegations at the heart of the case. Elon Musk's lawsuit alleges that Altman and OpenAI...

OpenAI CEO Sam Altman is under the microscope for his personal investments as several GOP attorneys general and the House Oversight Committee have launched an investigation into potential conflicts of interest. The Republican attorneys general from Florida, Montana, Nebraska,...