Startups

SpaceX’s IPO filing reportedly indicates that founder Elon Musk and a select group of insiders will maintain substantial voting control in the company post-IPO, thereby ensuring their voting power surpasses that of other investors. Following the IPO, Musk will continue to serve as the CEO,...

Video meeting platform Zoom (NASDAQ:ZM) has joined forces with Sam Altman-founded human ID verification network World, aiming to authenticate the identities of meeting attendees and offer customers more ways to incorporate trust into their workflows. World, which was developed in 2023 by Tools for...

AI coding startup Cursor is reportedly close to securing at least $2 billion in fresh capital at a $50 billion pre-money valuation, nearly doubling its valuation from six months ago, as venture capital firms Thrive Capital and Andreessen Horowitz prepare to lead an already oversubscribed round....

On Friday, the White House signaled a possible reset with Anthropic even as President Donald Trump appeared unaware of the CEO's high-level visit. White House-Anthropic Talks Signal Possible Thaw The White House described the meeting with Anthropic CEO Dario Amodei as "productive" and "constructive...

OpenAI lost three senior leaders on Friday as Kevin Weil, head of OpenAI for Science, Bill Peebles, creator of AI video tool Sora and B2B engineering head Srinivas Narayanan announced departures following the AI startup’s strategic pullback from consumer-facing moonshot projects. OpenAI Kills...

New On The Block Polypeptide Group has announced it is conducting a review of strategic alternatives, including potential partnerships or a sale. The process, which is in coordination with majority shareholder Draupnir Holding B.V., is aimed at enhancing the company's value amid reports from...

Anthropic unveiled its intention to expand its London footprint with a new office that can accommodate 800 employees.  The Dario Amodei-led company currently has over 200 employees in London. The new office will be located in the Knowledge Quarter area of London, which is a hub...

Tech entrepreneur Bryan Johnson has said startup founders who adopt "monk mode" and cut off relationships may be hurting their productivity and overall performance. Johnson Challenges ‘Monk Mode’ Mindset Speaking at Business Insider's "The Long Play" event in San Francisco earlier this...

OpenAI is reportedly planning to set up its permanent office in London, aiming to make the city its largest research hub outside the U.S. The San Francisco-based firm told Reuters on Monday that it would start the office in 2027. The 88,500 square foot location, situated at Regent Quarter, will...

Jared Ebersole was a teenager in Pennsylvania who wanted an electric skateboard, saw that the one he liked cost $1,600, and decided to build his own for about $800 in parts instead. Building A Board Into A Business As noted in a CNBC Make It report, after months of trial and error, including one...

Venture capitalist Jason Calacanis said that killing OpenClaw is “the number one goal” in the large language model space, pointing to a growing list of competitors independently racing to displace the open-source coding agent. OpenClaw is a local-first autonomous AI agent that automates...

On Friday morning, San Francisco police arrested a 20-year-old man suspected of throwing a Molotov cocktail at the home of OpenAI CEO Sam Altman in the city's North Beach neighborhood. The suspect was also issuing threats near the artificial intelligence startup's headquarters. Suspect Arrested...

New On The Block Playtika Holding Corp. (NASDAQ:PLTK)) is conducting a review and reevaluation of strategic alternatives across its portfolio to enhance shareholder value. The mobile gaming entertainment company tapped Morgan Stanley as financial advisor. Jorey Chernett delivered a letter to...

Elon Musk’s SpaceX reportedly recorded a loss of nearly $5 billion last year, despite raking in over $18.5 billion in revenue. The loss incurred by SpaceX includes figures from xAI, an artificial intelligence firm founded by Musk and acquired by SpaceX in February 2026. The...

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly held an urgent meeting with the CEOs of the country’s biggest banks this week to warn them about cybersecurity risks posed by Anthropic‘s newly launched AI model. The meeting took place on Tuesday at the...