Senior U.S. officials have held preliminary discussions with major artificial intelligence companies about the government acquiring minority stakes in their firms, according to three people familiar with the matter. The talks, which remain in early stages, signal a potential new avenue for Washington to shape the economic and social impact of AI technology.
Senior U.S. officials have held preliminary talks with major AI firms about the government acquiring shares, a move that could reshape how the economic benefits of artificial intelligence are distributed to the public, according to a report from NOTUS.
OpenAI CEO Sam Altman announced a dedicated robotics division over the weekend, while Nvidia partnered with China’s Unitree, piling pressure on Tesla’s still-unveiled Optimus humanoid robot and sending TSLA shares lower on Monday.
The AI industry's soaring valuations are forcing companies to diversify at breakneck speed. As startups and tech giants alike invade one another's turf, the race to become a full-stack AI player is reshaping the competitive landscape—and raising familiar questions about focus, dependency, and survival.
As SpaceX edges closer to what could be the largest IPO in history, Goldman Sachs has projected that the company's artificial intelligence division will see revenue explode from $3.2 billion to $322 billion by 2030 — fueled by Elon Musk’s ambitious plan to build orbital data centers. The forecast underscores a Wall Street bet that space-based compute could reshape the AI economy.
The space exploration giant’s stock market listing, expected to be the largest in history, could push Musk’s net worth past $1 trillion and set a precedent for other high-flying private companies.
Wall Street is buzzing over SpaceX's record-breaking IPO, but a Reuters analysis of the 50 largest IPOs from the past five years reveals that investors would have been better off buying an S&P 500 index fund roughly 75% of the time. High valuations like SpaceX's near 100 price-to-sales ratio historically lead to disappointing returns, underscoring the challenge of finding bargains after a company's pre-IPO hype.
Nvidia (NVDA) Chief Executive Officer Jensen Huang has publicly called on Super Micro Computer (SMCI) to strengthen its compliance efforts after Taiwanese authorities detained three people accused of making fraudulent declarations tied to AI servers containing Nvidia chips. According to a Bloomberg report...
Cloud content management leader Box, Inc. posted its fiscal first-quarter 2027 earnings, with revenue slightly above estimates but weaker-than-expected guidance reflecting cautious enterprise IT budgets.
Hut 8 Corp. (Nasdaq: HUT) has seen its stock rally sharply after announcing a massive AI data center deal with Nvidia. But a board director cashed out $2 million worth of shares near the peak, raising questions about insider sentiment amid the company's pivot from Bitcoin mining to AI infrastructure.
SpaceX priced its IPO at $135 per share, raising a record $75 billion from the sale of 555.56 million shares and giving Elon Musk’s rocket company a $1.77 trillion valuation.
