Elon Musk has seemingly confirmed reports that SpaceX is planning to go public. The company is reportedly targeting a staggering $1.5 trillion valuation, with an IPO potentially happening in the 2026-2027 timeframe.
Oracle’s shares tumbled over 10% after missing revenue forecasts, even as its AI cloud business soared 68%. In other news, police data shows Snapchat is the most common platform for child exploitation offences, and McDonald’s Netherlands pulled a generative AI ad following online criticism.
A recent Sifted op-ed makes a forceful case for why Europe needs to get comfortable with defence venture capital. The argument hinges on a stark choice: become a builder of critical defence technologies or remain a dependent buyer.
Adobe is projecting double-digit annual recurring revenue growth for fiscal 2026, pinning its hopes on AI-powered tools. The announcement comes as the company’s stock has lost about 20% of its value this year amid fears of AI disruption.
Google is planning a major overhaul of YouTube TV for 2026, introducing over 10 new, cheaper plans centered on genres like sports, news, and family entertainment. This comes after years of price hikes pushed the base plan to $82.99/month.
DXC Technology has launched AdvisoryX, a new global advisory group formed by restructuring its existing consulting business. The move aims to help clients with strategic AI implementation as the company’s consulting revenue has recently been flat to declining.
While the West sold off data centers, East Asia is investing heavily. The region’s AI boom is colliding with climate risks and geopolitical tensions over chips. It’s a high-stakes race for digital supremacy.
In a new podcast, Sequoia partners Alfred Lin and Pat Grady detailed the firm’s unique voting system. They argue that strong internal conviction, even with fierce disagreement, is a better signal than unanimous, lukewarm support. The goal is to find outlier companies, not safe bets.
OpenAI has hired Slack CEO Denise Dresser as its new chief revenue officer. The move signals a major push to turn its advanced AI into a profitable enterprise business.
Microsoft is committing a massive $17.5 billion to build AI infrastructure in India over four years starting in 2026. This follows a $3 billion pledge earlier this year and comes as Google and AWS also pour billions into the country. It’s a clear signal of the global AI arms race shifting into high
