Starlink doubled subscribers to 10.3 million but ARPU fell to $66. With SpaceX's $75 billion IPO days away and Amazon Leo approaching, profitability pressure mounts.
Shanghai lab backed by Jiao Tong University and startup Lightelligence aims to build light-based AI chips as Beijing seeks alternatives to restricted US semiconductors.
A class-action lawsuit alleges SpaceX's Starship launches caused foundation cracks, burst pipes, and warped floors in homes near Starbase. Housing costs doubled.
Bloomberg: SpaceX hit latency issues and chip mismatches connecting Colossus 1 to its other data centres. It rented the facility to Anthropic for $1.25B/month.
Avataar AI launched Varya, an open-weight video model for India at $0.005/second. It renders Indian clothing, food, and festivals that Western models miss.
The Current Series E values the US neobank at $1.5bn, a third below its 2021 peak, even as revenue grew 70% for a third year. An IPO is the goal.
Google filed a lawsuit against Outsider Enterprise, which used Gemini AI to generate phishing code and sent 2.5M scam texts in two weeks. The FBI is involved.
SpaceX's record $75B IPO pushed Elon Musk past $1 trillion. Nasdaq's fast-tracked index rules now force retirement funds to buy shares in a money-losing company.
Cloud Architect Nodir Safarov of SOTI Inc. identifies the five architectural failures behind the most common enterprise cloud security gaps, from post-deployment patching to configuration drift, and ...
Equal AI's app answers unknown calls, asks why someone is calling, and shows a summary. It has 1M monthly users in India. Prosus Ventures led the $30M round.
Baidu's Apollo Go robotaxi, via the AmiGo venture with Swiss Post's PostBus, has won a Level 4 permit in Switzerland. Open-road trials began on 1 June.
A major Meta outage hit Facebook, Instagram, WhatsApp and Messenger worldwide. Down Detector logged 130,000+ reports before service began to return.
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