xAI post $6.4 billion loss in 2025
The eye-watering $6.4 billion operating loss posted by xAI for the full year 2025 has finally been laid bare. Meticulously…
From the newsroom
SpaceX posts $4.28 billion loss in Q1 2026
The massive $4.28 billion net loss disclosed in SpaceX’s historic S-1 IPO filing on Wednesday, May 20, 2026, completely rewrites…
OpenAI plans September IPO
In a dramatic escalation of the “AI Capital Wars,” OpenAI Group PBC is preparing to file for what could be…
Lenskart invests ₹53 cr in Overseas Arms (Owndays)
In an effort to solidify its global footprint, omnichannel eyewear giant Lenskart Solutions announced a regulatory filing on Wednesday, May…
We have found ‘brand new’ $200B market for Nvidia, says CEO
During Nvidia’s blockbuster Q1 FY27 earnings call on Thursday, May 21, 2026, CEO Jensen Huang announced that the company has…
Nvidia post record $81.6B revenue for Q1 2026
Following the historic reports from Google, Microsoft, and Meta, Nvidia (NVDA) officially closed out the tech sector’s blockbuster earnings week…
Sam Altman invests $180 million in Retro Biosciences
OpenAI CEO Sam Altman’s personal $180 million investment in Retro Biosciences highlights a massive intersection between Silicon Valley capital, AI-driven…
OpenAI claims to solve 1946 Paul Erdős geometry problem
OpenAI has rocked the mathematical community by announcing that an internal, general-purpose reasoning model has autonomously disproved a legendary 80-year-old…
SpaceX plans 10,000 annual launch till 2030
SpaceX has revealed a staggering target to scale its operations to 10,000 rocket launches annually within the next five years…
Alibaba unveils new AI chip to rival NVIDIA
At the Alibaba Cloud Summit in Hangzhou on Wednesday, May 20, 2026, Alibaba deepened its full-stack AI push by unveiling…