News and updates about major technology companies and startups.
On SpaceX's inaugural earnings call, Elon Musk repeatedly amplified the ambitious projections made by CFO Bret Johnsen and COO Gwynne Shotwell, signaling even loftier goals for the company.
Carl Cavers, former CEO of Sumo Group, has joined co-development studio Vertpaint as a non-executive director and shareholder.
Palantir CEO Alex Karp criticizes frontier AI labs as untrustworthy for enterprises, following a quarter with $1 billion in profit.
Base Power raises an additional $1 billion to scale up production of its residential battery systems, aiming to strengthen grid resilience.
During Snap's Q2 earnings call, CEO Evan Spiegel dodged questions about Spectacles pre-orders, suggesting that widespread consumer adoption may not happen until the end of the decade.
AWS now enables Superblocks, a vibe-coding platform, to be embedded into customers' private clouds, signaling a move toward decoupling applications from underlying models.
Atari's core operations returned to profitability, but the company reported a consolidated net loss of $5.5 million for fiscal 2025-26, dragged down by its Thunderful acquisition, despite a 66% revenue surge to $65 million.
Apple's long-delayed AI overhaul makes Siri genuinely useful, but in a world of advanced AI agents, it feels less revolutionary than expected.
SpaceX is building a new power plant for xAI's Colossus data centers, but existing unpermitted turbines will remain for many more months.
Apple has nearly doubled its inventory to $11.1 billion, signaling serious concerns over component shortages and supply constraints.