A United Launch Alliance Atlas V rocket is shown on its launch pad carrying Amazon’s Project Kuiper internet network satellites as the vehicle is prepared for launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 28, 2025. Joe Skipper | Reuters Amazon said Monday it will begin allowing businesses to…
OpenAI is partnering with Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, to design and build artificial intelligence data center components in the U.S., the AI startup’s latest announcement tied to its massive infrastructure development plans. While no financial terms were disclosed, OpenAI said in Thursday’s announcement that it will have early access to evaluate…
U.S. President Donald Trump delivers remarks on artificial intelligence at the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters An executive order that could soon be signed by President Donald Trump would thwart states’ artificial intelligence laws by launching legal challenges and withholding federal funding, according to…
Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk‘s artificial intelligence company xAI has raised $15 billion from investors, sources familiar with the matter told CNBC’s David Faber. Musk later called the report “False”…
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance….
Rocket Lab posted record revenues in the third quarter as it scoops up more launch deals and builds its backlog. The space stock slipped more than 1% on Tuesday, pulling back from earlier gains. The company, which makes satellites and rockets and provides launch services to its customers, on Monday reported revenue of $155 million…
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla shareholders voted last week to give CEO Elon Musk a record pay package, one that could net him about $1 trillion in company stock over the next decade. But Musk received less support than he did for…
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla CEO Elon Musk says the company will likely need to build a “gigantic” semiconductor fabrication plant to keep up with its artificial intelligence and robotics ambitions. “One of the things I’m trying to…
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla said shareholders voted in favor of CEO Elon Musk’s almost $1 trillion pay plan, with 75% support among voting shares. Board members recommended shareholders approve the pay plan, which they introduced in September. Top proxy advisors…
President Donald Trump on Tuesday announced on his social media platform Truth Social that he is re-nominating Shift4 founder Jared Isaacman to lead the country’s space agency NASA, months after withdrawing the nomination. After this there is a reversal weeks of online sniping Elon Musk and others directed Transportation Secretary Sean Duffy, who is leading…
