SpaceX plans to go public in mid-to-late 2026 and raise $30 billion at a valuation of about $1.5 trillion, according to a new report From Bloomberg News, citing multiple unnamed sources. That would make it the biggest IPO ever, surpassing Saudi Aramco’s public listing in 2019, which brought in $29 billion. It would also be…
SpaceX plans to go public in mid-to-late 2026 and raise $30 billion at a valuation of about $1.5 trillion, according to a new report From Bloomberg News, citing multiple unnamed sources. That would make it the biggest IPO ever, surpassing Saudi Aramco’s public listing in 2019, which brought in $29 billion. It would also be…
OpenAI is appointing Slack CEO Dennis Dresser as its new Chief Revenue Officer. This news was first reported wiredThen Confirmed by OpenAI In a blog post. Dresser’s new role comes after more than 14 years at Slack’s parent company Salesforce. While at Slack, Dresser oversaw the introduction of several AI features. OpenAI says Dresser will…
Ford CEO Jim Farley acknowledged that the automaker is involved “A fight for our lives in our industry” Because it wants to remain competitive in Europe amid pressure from Chinese competitors. One of its weapons to avoid those threats is its partnership with French automaker Renault Group. The two automakers announced a deal on Tuesday…
AI research lab Anthropic continues to strengthen its stake as a major AI player in the enterprise sector. Anthropic made an announcement on Tuesday multi-year partnership With professional services firm Accenture. Financial terms of the deal were not disclosed; However, the Wall Street Journal reported that The deal is for three years, TechCrunch reached out…
Six months ago, Waymo revealed it was providing 250,000 robotaxi rides a week across its service areas, a growing list that includes Atlanta, Austin, Los Angeles, Phoenix, and the San Francisco Bay Area. The Alphabet-owned self-driving company has since been scrambling, simply reporting that it has hundreds of thousands in charge of weekly rides. Now,…
Quilt, a Redwood City, California-based startup that creates sleek, customizable heat pumps, has raised $20 million in a recently closed Series B round. The company had previously raised a $33 million Series A, which it had announced would be due in April 2024. The new round was led by Energy Impact Partners and Galvanize, with…
IBM is buying data infrastructure company Confluent for $11 billion in cash to strengthen its data and automation products as more and more companies move their technology operations to the cloud and deploy AI technology. The tech giant said it would offer $31 for each Confluent share, about 50% more than where the small company’s…
Desire Netflix signs $82.7 billion deal to acquire Warner Bros. Get approval from federal regulators? While Paramount was considered the frontrunner to acquire the historic film studio due to CEO David Ellison’s ties to the Trump administration, new reports bloomberg And hollywood reporter There are suggestions that Netflix co-CEO Ted Sarandos met with President Donald…
Meta is developing new mixed reality glasses under the codename Phoenix, According to Business Insider – But their release date has been pushed from the second half of 2026 to the first half of 2027. Facebook’s parent company already sells vr headset And Ray-Ban Smart GlassesBut these glasses feel a little different; Their form factor…
