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
BusinessBroadcom’s weaker-than-expected AI-chip outlook triggers steep sell-off and sector-wide declinesBroadcom shares plunged in extended trading after the company issued weaker-than-expected guidance for its AI-chip business, wiping more than $200 billion off its market value.3 min read
BusinessSK Hynix plans US ADR offering as AI-driven memory demand tightens marketSouth Korea's SK Hynix is moving forward with plans to issue American Depositary Receipts (ADRs) by 2026 to broaden its investor base, amid robust AI-driven demand that has pushed its market value past $1 trillion.2 min read
BusinessCrowdStrike beats quarterly estimates modestly but shares tumble after hoursCrowdStrike modestly exceeded Wall Street expectations for revenue and adjusted EPS in its latest quarter, yet its shares fell more than 10% in after-hours trading as the results failed to fully meet the high investor optimism.3 min read
BusinessKodesage raises $6.6M seed round led by VentureFriends with angel backers including Mario Götze and Christian SzegedyHungarian-founded Kodesage closed a $6.6 million seed round led by Greece-based VentureFriends, with participation from PortfoLion and angel investors including Christian Szegedy and World Cup winner Mario Götze.3 min read
BusinessSuno's surge and Spotify's pivot as AI-generated music reshapes the industrySuno announced over $400 million in fresh funding, lifting its valuation to $5.4 billion amid rapid expansion of AI-generated music.3 min read
BusinessAnthropic acquires Stainless SDK tool, will discontinue public service by Sept. 1, 2026Anthropic has purchased Stainless, the company behind SDKs used by hundreds of firms including OpenAI, in a deal reported at over $300 million.2 min read
BusinessDeepSeek Plans Major Fundraise That Could Value It at $52–59B, Backers Include Tencent and CATLChinese AI startup DeepSeek is preparing a primary funding round that could raise about 50 billion yuan (~$7.4 billion), with a post-money valuation estimated between 350 and 400 billion yuan (~$52–59 billion).2 min read
BusinessVercel positions itself as a 'yes-code' platform in the era of coding agentsVercel advocates a 'yes-code' approach instead of no-code, stressing that coding agents have made code cheap, simple, and plentiful; the company aims to create a high-performance, compromise-free…1 min read
BusinessAnthropic confidentially files S-1, aiming to beat OpenAI to the public marketsAnthropic, founded in 2021, has confidentially filed an S‑1 with the SEC a week after closing a $65 billion private round that valued the company at $965 billion — surpassing OpenAI’s roughly $852 billion.2 min read
BusinessBerkshire Hathaway Commits Billions to Alphabet as Part of $80B AI FundraiseGreg Abel, who succeeded Warren Buffett as Berkshire Hathaway CEO in January, authorized $16.8 billion in equity commitments over two days, including $10 billion invested into Alphabet via a private placement.2 min read