After years of resisting, Elon Musk is reportedly planning to take SpaceX public in a historic IPO that could target a $1.5 trillion valuation. The goal? To raise over $30 billion to build AI data centers in space and accelerate the Mars mission. It’s a huge gamble that changes everything.
Washington state is providing a $350,000 grant to support Portal Space Systems’ expansion into a new 50,000-square-foot satellite manufacturing facility in Bothell. The funding aims to help the company move from development to production, with a goal of building four spacecraft monthly by 2027. The
The AI voice synthesis company ElevenLabs is now valued at a staggering $6.6 billion after a new funding round. In a surprising twist, CEO Mati Staniszewski predicts the core voice tech will be commoditized soon, forcing the company to pivot.
French AI unicorn Mistral is launching new coding-focused models and a command-line tool for “vibe coding.” The move targets a hot market but comes with high hardware demands and future API costs that could limit its reach.
For eight years, Mahsam Raza felt compelled to defend his work against every critic. When he finally stopped, his business exploded. Here’s how filtering out the noise led to massive growth.
Equixly, a startup from Verona, has secured a €10 million Series A to expand its team and AI models. The platform uses proprietary AI agents to automate penetration testing, finding vulnerabilities that traditional tools miss. The funding will fuel an international push, starting with a UK launch ne
South Korea’s ambition to be an AI leader faces a harsh reality check. A new study reveals that AI startups there have a dismal 56.2% survival rate past three years, heavily propped up by government money.
Tether, the company behind the USDT stablecoin, is investing in humanoid robotics. The firm is part of an €81 million funding round for Italian startup Generative Bionics. The company plans to build its first production plant and deploy robots in real factories by early 2026.
The AI world is in overdrive as Fortune’s Brainstorm AI conference begins in San Francisco. Key players from OpenAI, Databricks, and the red-hot Cursor are gathering, all against a backdrop of shocking valuations and urgent internal missions. It’s the must-watch event of a chaotic cycle.
A Helsinki-based startup called Freepress has raised €1 million to grow its AI-driven news service. The platform analyzes global articles and rewrites summaries in a user’s language, with plans to share up to half its revenue with partner publishers.
