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SpaceX Buys AI Coding Startup Cursor for $60 Billion in Largest Venture-Backed Acquisition Ever

SpaceX Buys AI Coding Startup Cursor for $60 Billion in Largest Venture-Backed Acquisition Ever

Awais Khalid
June 17, 2026

Three days ago, SpaceX was a rocket company that happened to own a chatbot. On Tuesday, it became the most...

David Silver’s Ineffable Intelligence Taps Google Cloud and Nvidia’s Vera Rubin GPUs for Its Superlearner Bet

David Silver’s Ineffable Intelligence Taps Google Cloud and Nvidia’s Vera Rubin GPUs for Its Superlearner Bet

Awais Khalid
June 16, 2026

A company with no released product, no revenue, and no public roadmap just became one of the best-resourced AI labs...

Tech Quick-Takes: SpaceX’s Record $85.7B IPO Divides Retail Investors and Google’s 4x-Faster DiffusionGemma Model

Tech Quick-Takes: SpaceX’s Record $85.7B IPO Divides Retail Investors and Google’s 4x-Faster DiffusionGemma Model

Awais Khalid
June 16, 2026

SpaceX’s initial public offering has grown to $85.7 billion in total proceeds after underwriters fully exercised the “greenshoe” overallotment option,...

Gartner: AI Servers to Drive 26% Data Center Energy Spike in 2026, as Cooling Startups and Grid Operators Race to Respond

Gartner: AI Servers to Drive 26% Data Center Energy Spike in 2026, as Cooling Startups and Grid Operators Race to Respond

Awais Khalid
June 16, 2026

Global data center electricity consumption is projected to reach 565 terawatt-hours (TWh) in 2026, a 26 percent increase over the...

The Next Smartphone War Is Agentic: OpenAI’s Phone Plans and Huawei’s HarmonyOS 7 Target the App-Free Future

The Next Smartphone War Is Agentic: OpenAI’s Phone Plans and Huawei’s HarmonyOS 7 Target the App-Free Future

Awais Khalid
June 16, 2026

Two separate developments this month point toward the same shift: smartphone makers are betting that AI agents, not app grids,...

Microsoft Hit With Shareholder Lawsuit Over AI Spending as Florida’s OpenAI Suit Moves Forward

Microsoft Hit With Shareholder Lawsuit Over AI Spending as Florida’s OpenAI Suit Moves Forward

Awais Khalid
June 16, 2026

Two unrelated legal actions are putting fresh pressure on the AI industry’s biggest players this month: a shareholder class action...

The “AI Off-Switch”: US Export Order Forces Anthropic to Disable Claude Fable 5 and Mythos 5 Worldwide

The “AI Off-Switch”: US Export Order Forces Anthropic to Disable Claude Fable 5 and Mythos 5 Worldwide

Awais Khalid
June 16, 2026

On June 9, 2026, Anthropic made Claude Fable 5 and Claude Mythos 5 generally available, describing the pair as its...

UN Report: AI Data Centers Could Triple Energy Use by 2030, Straining Water and Land Resources

UN Report: AI Data Centers Could Triple Energy Use by 2030, Straining Water and Land Resources

Awais Khalid
June 14, 2026

A new report from the United Nations University Institute for Water, Environment and Health (UNU-INWEH), titled “Environmental Cost of AI’s...

OpenAI Faces New Wrongful Death Lawsuit Over ChatGPT Safety Failures, Seeks Mandatory Safeguards

OpenAI Faces New Wrongful Death Lawsuit Over ChatGPT Safety Failures, Seeks Mandatory Safeguards

Awais Khalid
June 14, 2026

OpenAI and CEO Sam Altman are facing a new lawsuit filed on June 11, 2026, in San Francisco County Superior...

AI Talent Exodus: Ex-DeepMind and Meta Researchers Fuel $18.8B Startup Boom in 2026

AI Talent Exodus: Ex-DeepMind and Meta Researchers Fuel $18.8B Startup Boom in 2026

Awais Khalid
June 14, 2026

A wave of senior researchers is leaving Google DeepMind, Meta, and other frontier AI labs to launch independent startups —...

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