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SpaceX has spent more than $15 billion on Starship and is racing to make rocketry resemble an airline schedule

SpaceX has spent more than $15 billion developing its Starship megarocket and is pushing for a launch cadence that would make space access resemble an airline schedule rather than a government programme, Reuters reported on Friday, drawing on the company’s confidential pre-IPO prospectus. The figure quantifies, for the first time, the cumulative cost of the […]

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Uber acquires rival Fly Taxi in Hong Kong, Sing Tao reports

Uber has acquired the main remaining alternative taxi-hailing app in the city. Acquired five months before Hong Kong’s new ride-hailing licences are expected to come into force, the move locks in Uber’s consolidated position before competitors Didi, Tada and Amap can use the licensing transition as an opening. Uber is acquiring Hong Kong’s Fly Taxi, […]

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Twilio raises full-year revenue forecast as voice AI drives fastest growth in three years and shares jump 18%

Q1 revenue of $1.41 billion grew 20% year on year, the highest reported rate since 2022, as the cloud communications platform repositions itself as enterprise voice AI infrastructure. Twilio raised its full-year 2026 revenue growth forecast to 14-15%, up from 11.5-12.5%, after reporting first-quarter results that beat expectations across every major metric on Thursday. The […]

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Rivian’s revenue is up as R2 production kicks into gear

Rivian reported its first quarter earnings of 2026, providing us a closer look at the company’s financial health as it kicks off production for the crucial R2 electric vehicle. We’ve already got Rivian’s production and delivery statement from the first three months of the year. The company sold 10,365 vehicles in Q1, representing 20 percent […]

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Musk v. Altman Kicks Off, DOJ Guts Voting Rights Unit, and Is the AI Job Apocalypse Overhyped?

In this episode of Uncanny Valley, we get into how the Elon Musk-Sam Altman trial goes way beyond their rivalry and could have major implications both for OpenAI and also the AI industry at large.

Musk v. Altman Kicks Off, DOJ Guts Voting Rights Unit, and Is the AI Job Apocalypse Overhyped? Read More »

Meta lost 20 million users last quarter

Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. In an earning call on Wednesday, Meta reported that figures for “Family daily active people” – the term Meta has coined for all collective users of Facebook, Instagram, WhatsApp, or […]

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