Author: News Room
JetBlue is doubling down on Florida in the wake of Spirit’s collapse — a boon for Sunshine State travelers, but bad news for many customers elsewhere in its network. Loading audio narration… The airline confirmed to Business Insider on Wednesday that it’s pulling out of 11 routes this summer, including…
Google DeepMind CEO Demis Hassabis laid out why he thinks the singularity, a major turning point in AI, is near. Loading audio narration… The singularity is near because of the rise of powerful AI agents that build things for people, Hassabis said in an interview with Axios cofounder Mike Allen…
Houston, we have the SpaceX filing everyone has been waiting for. Loading audio narration… The S-1 paperwork, one of the most hotly anticipated financial filings of the year, gives the public its first look at the inner workings of Elon Musk’s rocket company and AI venture xAI.The filing reveals that…
This as-told-to essay is based on a conversation with Emily Pitcher, a 26-year-old game developer and content creator based in Los Angeles. It’s been edited for length and clarity. Loading audio narration… When I was laid off from my job as a content designer at Meta in 2023, all I…
Wall Street’s investment banks are prepping for the biggest IPO in history. Loading audio narration… Aerospace giant SpaceX is planning to go public this summer, according to its newly released S-1 filing. While the company did not disclose a formal valuation target in the document, prior reports value SpaceX at…
Elon Musk bet big on “spicy” AI. Now, it’s officially a risk factor. Loading audio narration… SpaceX acquired xAI three months before it filed its pre-IPO S-1 paperwork. That brought in-house xAI’s social media platform, consumer chatbot — and not-safe-for-work Grok AI features.In the Wednesday filing, SpaceX said that such…
What do you get a guy who already has a megayacht and multiple houses? Apparently, a beard comb. Loading audio narration… If you’ve seen photos of Jeff Bezos lately — whether at Paris Fashion Week or strolling through Aspen — you might’ve noticed the Amazon founder trying out a new…
Antonio Gracias, one of Elon Musk’s oldest friends and closest business allies, could land a massive multi-billion-dollar windfall from SpaceX’s IPO. Loading audio narration… The SpaceX S-1 filing shows that Gracias owns more than 500 million shares of SpaceX stock through investment firms affiliated with Valor Equity Partners, the private…
Elon Musk’s SpaceX officially kicked off its march to Wall Street on Wednesday, filing the S-1 paperwork required for its hotly anticipated IPO. Loading audio narration… Although the S-1 didn’t reveal key figures investors are waiting on — such as SpaceX’s estimated stock value and anticipated public share price —…
One of SpaceX’s revenue streams looks very solid: Anthropic has agreed to pay Elon Musk’s company $1.25 billion a month through May 2029. Loading audio narration… The AI lab announced earlier this month that it would buy compute capacity from SpaceX’s Colossus data center in Tennessee to run tools for its growing…
