Sara Montes de Oca

OpenAI told investors it reached roughly $50 billion in annualized revenue at the end of September, below the $68 billion figure widely reported last month, sending shares of Nvidia, Oracle, and CoreWeave lower on Thursday.

26 DAYS AGO

Apollo Capital Management and a group of banks are in preliminary talks to help SpaceX finance a $40 billion purchase of Nvidia GPUs, with the deal expected to rely on investment-grade debt and use the chips themselves as collateral.

27 DAYS AGO

Google has contracted for 3,590 megawatts of power from Constellation Energy across the U.S.'s largest grid, with nuclear capacity accounting for roughly a quarter of the supply in a deal enabling more than $4.3 billion in new investment.

28 DAYS AGO

Former OpenAI safety researcher David Robinson has resigned and published an editorial arguing that the AI industry's culture is "broken," calling for nuclear-power-plant-level safeguards at frontier AI labs.

31 DAYS AGO

Cerebras Systems stock fell nearly 20% this week to its lowest level since its May IPO, after reports that Nvidia will power OpenAI's GPT-6.1 Sol "Ultrafast" mode, combined with a lockup expiration that released 19.4 million insider shares.

32 DAYS AGO

Dell has patched six critical-severity vulnerabilities in its Container Storage Modules, including two maximum-severity flaws that allow unauthenticated remote attackers to gain full administrative control over enterprise storage infrastructure connected to Kubernetes environments.

32 DAYS AGO

Google unveiled Gemini 4 Argon this week, a flagship AI model that analysts say returns the company to the frontier of large language model development — though not to the top of it — as competition with OpenAI and Anthropic intensifies.

32 DAYS AGO

California has signed Senate Bill 1246 into law, requiring robotaxi operators including Waymo, Tesla, and Zoox to provide on-the-ground support during AV incidents and face fines if their vehicles block emergency responders for more than 30 minutes.

33 DAYS AGO

Meta's Muse AI agent has sparked a sharp sell-off in consumer stocks since its September 8 launch, with Planet Fitness down 20%, Airbnb off 13%, and Booking Holdings falling 16% on fears that AI-driven automation will erode customer inertia business models.

35 DAYS AGO

AMD has agreed to acquire World Labs, the AI startup founded by Stanford professor Fei-Fei Li, for approximately $8.2 billion in an all-stock deal — the chipmaker's second-largest acquisition ever and its biggest push into AI research.

36 DAYS AGO

Nvidia authorized an additional $150 billion for share repurchases, bringing its total buyback program to $235 billion, as CEO Jensen Huang publicly called AI model distillation "competition" — directly contradicting Treasury Secretary Scott Bessent, who has labeled the practice "theft."

36 DAYS AGO

CISA has added four actively exploited vulnerabilities affecting WSO2, Adobe Commerce, Microsoft SharePoint, and Mikrotik RouterOS to its KEV catalog, as file transfer platform Kiteworks separately warned customers to take systems offline amid a potential zero-day threat flagged by federal intelligence agencies.

39 DAYS AGO

OpenAI's ChatGPT Pro Max subscription, priced at $500 per month, has surfaced inside the platform's subscription interface, featuring "Fastest Work and Codex" access, 100GB of file storage, and the company's most capable frontier models.

39 DAYS AGO

Family First Credit Union announced Wednesday that CEO Jane Smith has left the company "effective immediately," days after a social media post featuring "Lake America" sweatshirts generated significant backlash from members and the public.

39 DAYS AGO

Michael Burry is expanding short positions on Micron Technology, Palantir, Nebius Group, and a semiconductor ETF, arguing that rising Chinese memory chip production will end the current structural shortage and trigger a sector down cycle.

41 DAYS AGO

AI drone maker Tekever raised $580 million at a $6.4 billion valuation, citing more than 50,000 operational flight hours in Ukraine and a U.K. Ministry of Defence contract worth up to £400 million.

41 DAYS AGO

Qualcomm launched the Snapdragon 8 Elite Gen 6 chipset family on Tuesday, built on TSMC's 2-nanometer process and designed for on-device AI workloads, as the global smartphone market is projected to shrink 14% in units shipped in 2026.

42 DAYS AGO

The SEC and CFTC began moving to establish cryptocurrency rules under existing authority days after the Clarity Act failed a Senate procedural vote, as industry leaders and regulators signal they will no longer wait for Congress to act.

42 DAYS AGO