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Reuters : Sources: E*Trade is in talks to lead SpaceX IPO share sale to retail investors; Robinhood and SoFi have pitched for roles but SpaceX is mulling cu
Wall Street Journal : Inside the rise and fall of Sora, whose team worked separately from OpenAI's core research team, as OpenAI shuts down Sora and redirec
Sony, like other console makers, is contending with surging memory chip prices which have forced the company to raise prices.
Emma Roth / The Verge : Sony says it plans to raise the price of its PlayStation 5 consoles globally beginning on April 2; the PS5 will cost $650, PS5 Digi
Meir Orbach / CTech : ScaleOps, which makes automated cloud spend tools, raised a $130M Series C led by Insight Partners at an $800M+ valuation, bringing i
Runway is launching a $10 million fund and startup program to back companies building with its AI video models, as it pushes toward interactive, real-time “vide
Elena Vardon / Wall Street Journal : London-based Revolut reports 2025 revenue up 46% YoY to £4.5B, a £1.7B pre-tax profit, up from £1.1B
Haripriya Suresh / Reuters : Revolut says it aims to base 40% of its global workforce in India by the end of 2026, increasing its local headcount to 5,500;
Wall Street Journal : Sources: Reflection AI, which is developing open foundation models, seeks to raise $2.5B at a pre-money valuation of $25B; JPMorgan is
Bloomberg : A study finds ~$143M in suspicious profits on Polymarket over two years, using patterns consistent with the use of nonpublic info, as prediction
Reuters : OpenFX, an FX market-making and remittance startup launched by a FalconX co-founder, raised $94M led by Accel and others, a source says at a ~$500
As OpenAI gears up for a potential IPO, it's outlined a more tempered infrastructure strategy and has moved away from an ambitious agreement with Nvidia.
OpenAI's nascent ads business has surpassed $100 million in annual recurring revenue less than two months after launching its pilot in the U.S.
OpenAI said it's closing Sora, the short-form video app that went viral after its launch six months ago
Financial Times : OpenAI puts plans for an erotic chatbot on hold “indefinitely” as it refocuses on its core products, sources say after concern
Berber Jin / Wall Street Journal : OpenAI plans to discontinue products that use its Sora models, including its consumer app, a Sora version for developers
The new unified app aims to help OpenAI streamline the user experience.
Bloomberg : Sources: OpenAI nears a deal to raise ~$10B from Abu Dhabi's MGX, Coatue, and Thrive, bringing its latest funding round to ~$120B at a $730B val
Wall Street Journal : How Nvidia became the AI industry's most powerful financier, investing billions in startups and supporting customers who couldn't othe
CEO Jensen Huang took the stage at Nvidia’s GTC conference this week in his signature leather jacket to deliver a two-and-a-half-hour keyno