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SpaceX Plans to Go Public in 2026, Aiming for $1.5 Trillion Valuation

SpaceX Plans to Go Public in 2026, Aiming for $1.5 Trillion Valuation

SpaceX Plans to Go Public in 2026, Aiming for $1.5 Trillion Valuation
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Google names Amin Vahdat as new chief of AI infrastructure buildout, Semafor reports

Google names Amin Vahdat as new chief of AI infrastructure buildout, Semafor reports

Dec 10 (Reuters) - Alphabet's Google has appointed longtime executive Amin Vahdat as chief technologist for AI infrastructure, Semafor reported on Wednesday, citing an internal memo, as tech giants pour billions into the computing backbone needed to power artificial intelligence.
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Analysis-Musk's Mars mission adds risk to red-hot SpaceX IPO

Analysis-Musk's Mars mission adds risk to red-hot SpaceX IPO

By Joey Roulette, Ross Kerber and Echo Wang WASHINGTON, Dec 12 (Reuters) - Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer
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TIME Magazine Names 'Architects of AI' as 2025 Person of the Year, Highlighting Global Impact

TIME Magazine Names 'Architects of AI' as 2025 Person of the Year, Highlighting Global Impact

TIME magazine has selected the 'Architects of Artificial Intelligence' as its 2025 Person of the Year, recognizing the collective influence of AI leaders and developers on global technology, politics, and society. This decision underscores the transformative role AI has played in reshaping various aspects of life, from work and education to healthcare and commerce. The magazine highlights both the excitement surrounding AI's capabilities and the concerns over its potential risks, such as job displacement, privacy issues, and the spread of misinformation. Jensen Huang, CEO of Nvidia, is prominently featured as a key figure in this movement, with Nvidia becoming a pivotal player in AI development. The issue also profiles other influential leaders like Sam Altman of OpenAI, Mark Zuckerberg of Meta, and Elon Musk of xAI, who are driving advancements in AI technology.
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Oracle Increases Lease Commitments by 150% to Meet AI Demand

Oracle Increases Lease Commitments by 150% to Meet AI Demand

Oracle Increases Lease Commitments by 150% to Meet AI Demand
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Time Magazine Names 'Architects of AI' as 2025 Person of the Year, Highlighting Industry Leaders

Time Magazine Names 'Architects of AI' as 2025 Person of the Year, Highlighting Industry Leaders

Time magazine has selected the 'Architects of AI' as its Person of the Year for 2025, recognizing the significant impact of artificial intelligence and its leading figures. This decision underscores the growing influence of AI in various sectors and the pivotal roles played by industry leaders such as Elon Musk and Mark Zuckerberg. The magazine's choice reflects the transformative nature of AI technologies and their potential to reshape industries, economies, and societies globally. The recognition comes as AI continues to advance, with applications ranging from autonomous vehicles to sophisticated data analysis, influencing both public and private sectors.
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Fintech Wealthfront valued at $2.63 billion in Nasdaq debut

Fintech Wealthfront valued at $2.63 billion in Nasdaq debut

By Prakhar Srivastava Dec 12 (Reuters) - Wealthfront's shares opened flat in their Nasdaq debut on Friday, valuing the automated digital wealth management company at $2.63 billion on a fully diluted basis, as investors remained selective in a crowded fintech listing.
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SpaceX to pursue 2026 IPO raising above $30 billion, Bloomberg News reports

SpaceX to pursue 2026 IPO raising above $30 billion, Bloomberg News reports

Dec 9 (Reuters) - Elon Musk's SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion and target a valuation of about $1.5 trillion, Bloomberg News reported on Tuesday.
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Aetherflux's 'Galactic Brain' Initiative to Launch AI Data Centers in Space by 2027

Aetherflux's 'Galactic Brain' Initiative to Launch AI Data Centers in Space by 2027

Aetherflux's 'Galactic Brain' Initiative to Launch AI Data Centers in Space by 2027
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Amazon announces $35 billion investment in India

Amazon announces $35 billion investment in India

Dec 10 (Reuters) - Amazon plans to invest more than $35 billion in India by 2030 to expand operations and strengthen its artificial intelligence capabilities, the U.S. e-commerce giant said on Wednesday, becoming the latest global tech firm to deepen its presence in the world's most populous country
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New Report Advocates for Human Missions to Mars to Search for Life

New Report Advocates for Human Missions to Mars to Search for Life

A new report titled 'A Science Strategy for the Human Exploration of Mars' has been published by the National Academies of Sciences, Engineering, and Medicine. The report, co-chaired by Dava Newman from MIT and Linda T. Elkins-Tanton from UC Berkeley, outlines the scientific rationale for sending humans to Mars. It emphasizes the search for life as a primary objective, proposing a series of missions starting with a 30-day human landing followed by a longer 300-day mission. The report aims to align NASA's human spaceflight and science exploration programs, providing a framework for meaningful scientific exploration on Mars.
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Adobe sees upbeat annual results on AI, design software strength

Adobe sees upbeat annual results on AI, design software strength

Dec 10 (Reuters) - Adobe forecast fiscal 2026 revenue and profit above Wall Street expectations on Wednesday, signaling strong demand for the Photoshop maker's design tools and increasing monetization for its artificial intelligence offerings.