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.
Google files lawsuit against the Outsider Enterprise, a suspected Chinese cybercrime operation that allegedly used Gemini AI to send 2.5 million scam texts to Android users.
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.
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.
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 ...
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.
OpenAI, Anthropic, and Google DeepMind CEOs will attend the G7 in France next week, as two of the three prepare for landmark IPOs and face AI governance scrutiny.
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.
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