SpaceX is negotiating a new funding round that would place its valuation at an estimated $400 billion, potentially making it the world’s most valuable private company. The round, which combines fresh capital with a secondary share sale to provide liquidity for insiders and early investors, is expected to finalize in the coming weeks, pending market…
Paris-based Mistral AI, Europe’s most prominent generative AI startup, is in advanced discussions for a potential $1 billion equity investment led by Abu Dhabi’s MGX fund, Bloomberg reports. Alongside this, the company is also negotiating hundreds of millions in debt financing from French lenders, including Bpifrance. The deal, if finalized, would mark a critical moment…
Uruguay, a small South American nation with no official Tesla dealership or corporate presence, has quietly become a hotspot for Tesla enthusiasts. Despite the lack of direct support from the electric vehicle (EV) giant, the country’s Tesla market is growing, thanks to government incentives, a solid charging infrastructure, and the entrepreneurial spirit of private importers….
In the third quarter of 2024, Amazon’s advertising business generated an impressive $14.33 billion, marking a 19% increase compared to the previous year. While this growth is significant, it reflects a deceleration from the 26% growth seen in the prior quarter. Despite these fluctuations, advertising now constitutes nearly 9% of Amazon’s total sales, which surged…
In a significant regulatory move, the European Commission has opened an investigation into the Chinese e-commerce platform Temu, assessing whether it has breached the EU’s Digital Services Act (DSA). This probe comes after mounting concerns over Temu’s handling of illegal products and its compliance with consumer protection standards, drawing fresh attention to the obligations of…
Windsurf, the AI-powered integrated development environment (IDE) formerly known as Codeium, has announced it will no longer rely on third-party AI tools and is instead developing a fully custom, in-house AI solution. The decision comes just months after the company rebranded from Codeium to Windsurf in April 2025, signaling a shift from being a code…
Coinbase has confirmed a major data breach involving unauthorized access to customer information after hackers bribed overseas support staff. The incident, disclosed in an SEC filing on May 14, 2025, came to light when the company received an extortion email on May 11 demanding $20 million to prevent the public release of stolen data. What…
Anthropic has secured a massive $3.5 billion in its Series E funding round, catapulting the company’s valuation to an impressive $61.5 billion. This substantial investment, led by Lightspeed Venture Partners with a $1 billion contribution, positions Anthropic as a formidable contender in the rapidly evolving artificial intelligence landscape. Founded in 2021 by former OpenAI executives,…
Microsoft Azure has emerged as the dominant cloud computing platform for Fortune 500 companies, with reports indicating that a staggering 95% of these industry leaders now rely on Azure for their cloud services. This widespread adoption underscores Azure’s position as a critical tool for large enterprises, offering a comprehensive suite of cloud computing services, AI…
In a revealing announcement at the New York Times’ DealBook Summit, Google CEO Sundar Pichai has unveiled a groundbreaking vision for the future of search technology, promising users an unprecedented leap in digital exploration by 2025. The tech giant is set to redefine how we interact with information, leveraging cutting-edge artificial intelligence to transform the…