Breaking News: Technology
- Musk's xAI, SpaceX combo is the biggest merger of all time, valued at $1.25 trillion - The record-setting deal will be the largest merger of all time and is valued at $1.25 trillion
- Palantir surges 10% after beating earnings estimates. Here's what's happening - The rise comes on the back of months of decline for the stock.
- Elon Musk has lauded the 'social media for AI agents' platform Moltbook as a bold step for AI. Others are skeptical - Elon Musk said the platform was the "very early stages of singularity" but others are more skeptical
- Waymo announces $16 billion funding round - The Alphabet-owned company said it is now valued at $126 billion.
- Palantir beats fourth-quarter estimates on the strength of AI and defense demand - Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.
- Elon Musk's SpaceX reportedly combining with xAI ahead of potential IPO - Musk is combining rocket maker SpaceX with his AI startup, xAI, according to reporting from Bloomberg, which cited people familiar with the matter.
- Nvidia shares are down 2% after a report that its OpenAI investment stalled. Here's what's happening - Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.
- Oracle dips 3% after announcing $50 billion fundraising plans. Here's why - The tech giant has invested huge sums in the AI infrastructure buildout in recent times
- From Clawdbot to Moltbot to OpenClaw: Meet the AI agent driving buzz and fear globally - OpenClaw, formerly known as Clawdbot and Moltbot, has generated massive buzz from Silicon Valley to Beijing due to its impressive capabilities, but also its quirks and risks.
- Apple sales surge 16% on ‘staggering’ iPhone demand - Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.
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