VC firm 137 Ventures announced on Thursday It has raised more than $700 million in two new growth-stage funds to support startups “with the potential for significant market impact.” Last year, the firm founded by former Founders Fund investor Justin Fisher-Wolfson said it had deployed more than $1 billion in companies building defense, AI and…
Tim Cook plans to step down from his CEO post in September, Handing over the reins to hardware chief John Ternes. Turnus may be inheriting one of the most enduring businesses in technology, but he’s also stepping into a very different ecosystem than the one Cook has spent decades shaping. The 30% cut of the…
A yearslong legal brawl between Elon Musk, the world’s richest man, and OpenAI CEO Sam Altman heads to court in Northern California on Monday in a dramatic showdown between two of the most high-profile names in the tech industry. In his $134 billion lawsuit, Musk claimed that OpenAI, Altman and the company’s president, Greg Brockman,…
Blue Origin has successfully reused one of its New Glenn rockets for the first time, marking a major milestone for the heavy-launch system as Jeff Bezos’ space company looks to compete with Elon Musk’s SpaceX. The company achieved the feat on Sunday with the third ever launch of the New Glenn, and a few more…
Gas turbines are visible at an xAI data center on Riverport Rd in Memphis, TN on April 25, 2025. Brandon Dill | The Washington Post | Getty Images The NAACP filed a lawsuit against Elon Musk‘s xAI on Tuesday, accusing the artificial intelligence company of violating the Clean Air Act with its use of natural…
Earlier this month, it seemed that all but two of the 11 co-founders of Elon Musk’s AI startup xAI had quit. left the company. Now, according to Business Insider, the two remaining co-founders, Manuel Croix and Ross Nordeen, have also departed. BI said on Wednesday that Croix had Told people he was leaving xAIthen reported…
China’s space program has hit a number of milestones lately. In 2025, China executed over 90 orbital launches, setting a new national record for orbital launches in a single year. In the last five years, China returned the first samples from the far side of the Moon, completed its own low-earth orbit space station and…
Elon Musk’s journey to becoming the world’s first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the Tesla CEO’s wealth. Musk became the first person ever to top the $800 billion mark this week, with his net worth now around $845 billion, according to Forbes….
Elon Musk has SpaceX and XAI mergerBlueprinting a new Silicon Valley power structure. With its $800 billion net worth already rivaling the peak market capitalization of historic conglomerate GE, and Musk being vocal about his view that “technological victories are decided by the velocity of innovation,” the question is not whether. personal group can be…
Voyager Technologies‘ CEO Dylan Taylor said two years would be an “aggressive” timeframe for space data centers and cooling remains a problem for the developing technology. While SpaceX has the heavy lift rockets to bring components to space, Taylor told CNBC’s Morgan Brennan that the lack of a cooling solution to transfer the heat remains…
