BusinessNvidia signs four strategic partnerships with South Korean companiesNvidia has concluded four strategic agreements with South Korean firms SK Hynix, Naver, Doosan and LG Group during CEO Huang Zsen-hszün’s visit to the country.2 min read
BusinessDamodaran: SpaceX’s fair value likely below its $1.77tn IPO price, AI arm is the riskiest betAswath Damodaran, New York University finance professor, values SpaceX between $1.25tn and $1.35tn—below the roughly $1.77tn Nasdaq debut valuation.2 min read
BusinessNvidia and SK Group to Announce Broader AI and Chip CollaborationNvidia and South Korea's SK Group will announce cooperation plans on Monday, with joint briefing by Jensen Huang and Cshö Thevon, the companies said.2 min read
BusinessOpenAI to Expand ChatGPT into a Super-App, Targeting Enterprise Revenue Ahead of Possible IPOOpenAI plans to transform ChatGPT into a ‘super-app’ by integrating coding tools, AI agents and partner services, aiming to grow revenue from enterprise customers before a potential IPO.2 min read
BusinessOpenAI plans to turn ChatGPT into a revenue-driving superapp ahead of an IPOOpenAI is preparing to transform ChatGPT from a standalone chatbot into a multifunctional platform that combines code-writing tools, AI agents and third-party services to steer users toward paid products.3 min read
BusinessMeta Considers Multi‑Billion Dollar Share Sale to Fund AI AmbitionsMeta Platforms is weighing a significant equity raise, potentially worth tens of billions of dollars, to finance large-scale artificial intelligence investments as rival tech firms pursue major capital-raising moves.3 min read
BusinessThree mega IPOs — SpaceX, OpenAI and Anthropic — loom as markets recall mixed post-listing returnsSpaceX, OpenAI and Anthropic are preparing IPOs that would eclipse recent offerings in size.2 min read
BusinessS&P Dow Jones Keeps S&P 500 Eligibility Rules Unchanged, No Special Treatment for SpaceX or AnthropicS&P Dow Jones Indices said it will not alter the eligibility rules for inclusion in the S&P 500, rejecting calls to fast-track very large newly public companies such as SpaceX or Anthropic.2 min read
BusinessChatGPT reaches 1 billion monthly users — conversion to paying customers is the next testSensor Tower estimates that ChatGPT surpassed 1 billion global monthly active users in May, the fastest any app has ever reached that milestone.2 min read
BusinessLovable locks in customers via Google Cloud and Wiz partnerships as coding models advanceStockholm-based Lovable struck a multiyear agreement with Google Cloud to expand access to Anthropic's Claude and Google's Gemini, list an agent in Google’s enterprise marketplace, and have its code scanned in real time by Wiz.2 min read
BusinessGoldman Sachs projects SpaceX AI revenues could surge by 2030, underpinning $1.78T IPO valuationGoldman Sachs models indicate SpaceX's artificial intelligence unit could grow from $3.2 billion in 2025 to $322 billion by 2030, driving a projected company revenue rise to $474 billion the same year and supporting a $1.78 trillion IPO valuation.3 min read
BusinessVanguard's S&P 500 ETF VOO Tops $1 Trillion as Passive Flows AnticipatedVanguard's S&P 500 ETF, VOO, became the first exchange-traded fund to surpass $1,000 billion in assets under management, after quadrupling its size since 2022.3 min read
