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Musk says SpaceX AI will out-earn rockets by September, and be trained on staff

SpaceX posted a 30-minute all-hands to X on Tuesday. Elon Musk used it to make two claims, and they only make sense together. The first is a number. AI revenue will pass everything else the company sells by next month. The second is a method. SpaceX will train Grok on its own information, including the […]

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Uber Freight investigates cyber incident after hackers claim million-file leak

Uber Freight is investigating a data-security incident involving unauthorised access to part of its systems, the company said on Tuesday, five days after a hacking group claimed to have posted around a million of its files online. In a statement attributed to spokesperson Sam Hallock, the company said there had been “no impact to Uber […]

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Foxconn now makes more money from AI servers than from everything else combined

Foxconn crossed a line this quarter that it will not cross back. Its cloud and networking division, the one that builds AI servers, made up 51% of revenue in the three months to June. That is the first time the segment has passed half. Smart consumer electronics, the division that contains the iPhone, came to […]

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‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder

Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build software by describing it in ordinary language, and it is now one of Europe’s most valuable startups. Eight months ago it raised […]

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Oracle is putting a Quantinuum quantum computer inside its own data centre

Oracle and Quantinuum have agreed a multi-year partnership under which Quantinuum will physically install its Helios quantum computer inside a US Oracle Cloud Infrastructure AI data centre, and Oracle will sell access to it as a managed OCI service. No financial terms were disclosed, no launch customer was named, and no firm date was given […]

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‘The Worst I’ve Ever Seen’: Cargo Thefts Have Turned Violent in Pursuit of AI Hardware

Experts allege that two recent incidents in California show the extreme lengths that criminal organizations are willing to go to to steal servers and other gear meant for data centers.

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Ryanair signs a five-year AI deal with Google Cloud, and a second cloud to fall back on

Ryanair has signed a five-year data and AI partnership with Google Cloud, rolling out Google Workspace and Google Cloud services to 35,000 employees and making Gemini Enterprise, Google’s agentic AI platform, the centrepiece of how Europe’s largest carrier intends to run itself. The airline has tied the deal explicitly to its growth target of 300 […]

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Joby is buying a stealth-technology firm for $500m, and rebuilding its defence arm around it

Joby Aviation has agreed to buy Resonant Sciences, a Dayton, Ohio radar and low-observability specialist, for about $500m, in the largest acquisition the electric air taxi company has made and the clearest signal yet of where it expects its near-term revenue to come from. The structure is $450m in cash and roughly $50m in Joby […]

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Brad Lightcap is leaving OpenAI after eight years to start something new

Brad Lightcap, who spent eight years at OpenAI and four of them as chief operating officer, said on Tuesday that he is leaving to start something new. He did not say what it is. “It is bittersweet to share that I’ll be moving on from OpenAI to start something new,” Lightcap wrote in a post […]

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