Industry
SpaceX officially prices shares at $135 in the largest IPO ever
SpaceX has set its IPO share price at $135, marking what will be the largest initial public offering in history. The company's public debut comes amid questions about its $1.77 trillion valuation, with some skeptics questioning whether the rocket company can justify such numbers given its current spending and losses. This represents a pivotal moment for commercial space technology and Elon Musk's business empire.
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OpenAI and Broadcom unveil LLM-optimized inference chip
OpenAI and Broadcom have jointly introduced Jalapeño, a custom silicon chip purpose-built for large language model infer...
Industry
AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia's $20B not-acqui-hire deal
Groq has confirmed a $650 million funding round and is rebuilding its executive team following an unusual arrangement wi...
Industry
GoPro and Roomba were U.S. pioneers. Chinese rivals now dominate
Chinese consumer-technology brands have systematically displaced American pioneers like GoPro and iRobot's Roomba across...