OpenAI Raised $122 Billion and Nobody Blinked
The largest private funding round in history valued OpenAI at $852 billion on $2 billion monthly revenue.
Business
Apple Is Closing Its First Unionized Store and the Union Is Fighting Back
Apple will shutter its Towson, Maryland store in June — the first U.S. Apple retail location to unionize — and the IAM says it's exploring every legal option.
Canva Bought Two AI Companies to Become More Than a Design Tool
Canva acquired Simtheory and Ortto, adding agentic AI and marketing automation to its platform.
Tesla Un-Canceled Its Cheaper Electric Car
Tesla is developing a compact SUV priced below the Model 3, two years after killing the Model 2.
TikTok's Biggest Star Sold His Brand for $975 Million and the Stock Crashed
Khaby Lame sold his brand to Rich Sparkle Holdings for $975 million and the stock promptly crashed.
Intel and Google Deepened Their AI Infrastructure Deal
Intel expanded its AI chip partnership with Google Cloud, supplying Xeon processors and custom IPUs.
The Race for AI Profits Became Existential
Anthropic and OpenAI must make more money than they burn in 2026 or face an existential reckoning.
SpaceX's IPO Remains in Holding Pattern
SpaceX has filed no new IPO paperwork and the Starship timeline continues to slip.