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The Geneva-based chipmaker has shipped over 5 billion RF antenna chips to Starlink and now expects its low-Earth-orbit business alone to deliver more than $3bn in cumulative revenue between 2026 and 2028. Orbital data centres are an option for later. When STMicroelectronics first qualified its chips for the European Space Agency in 1977, the satellite […]
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Elon Musk texted Greg Brockman two days before trial to ask about settling. Brockman suggested Musk drop all claims against the individuals. Musk replied: “By the end of this week, you and Sam will be the most hated men in America. If you insist, so it will be.” The exchange, disclosed in a court […]
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Ryan Cohen announced on Saturday that GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $125 per share, a cash-and-stock offer valuing the e-commerce company at approximately $55.5 billion. GameStop’s market capitalisation at the time of the offer was $11.9 billion. eBay’s was $46.2 billion. The company proposing to buy is roughly a […]
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Eighteen months after a €9m pre-seed, the Freiburg-based pioneer of TabPFN is being acquired by SAP and will receive more than €1bn over four years. The terms are not disclosed; the strategic intent is unmistakable. When Frank Hutter, Noah Hollmann, and Sauraj Gambhir founded Prior Labs in early 2024, the AI world was paying attention […]
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The European Commission has formally recommended that member states keep Huawei and ZTE out of their connectivity infrastructure. The same restrictions are now moving toward becoming legally binding. China has already threatened to retaliate. When the European Commission first asked its member states to keep Huawei and ZTE out of their 5G networks, in the […]
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Brussels reissues its Huawei warning, six years on, and prepares to make it stick Read More »
An Anthropic AI model that can find zero-days in every major operating system has become a geopolitical and prudential question. The Eurogroup met in Brussels on Monday with no answer in hand. Brussels on a Monday morning in early May is not, by tradition, the place where the world’s most powerful AI model gets discussed. […]
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A new Bloomberg-Feroot investigation finds that nine of the 10 largest US health companies are still loading advertising trackers on the very pages where patients log in and register. The story keeps repeating because nothing has stopped it. There is, by now, a familiar shape to investigations of online tracking. A reporter or researcher loads […]
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OpenAI has finalised the most structurally novel enterprise AI deal of 2026: a $10bn vehicle anchored by TPG, with 19 investors and a 17.5% guaranteed annual return over five years. The strategy is to make PE portfolios a captive distribution channel. We wrote about the venture’s outline last month; Monday’s confirmation closes the funding question. […]
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OpenAI closes The Deployment Company, a $10bn enterprise AI bet on private equity Read More »
Blackstone Digital Infrastructure Trust will list on the NYSE under BXDC, targeting newly built data centres leased to hyperscalers. It is the most direct way Wall Street has yet packaged the AI build-out for public investors. For most of the past 18 months, the financial story behind the AI build-out has been a story about […]
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Blackstone wants $1.75bn for the first AI-era data-centre REIT Read More »
After a 30% year-to-date drawdown, Monday’s Q1 results are Palantir’s first chance to argue, not assume, that it does not belong in the broader AI software multiple compression. Until two weeks ago, Palantir was, by some measures, the best-performing large-cap software stock of the AI cycle. It had outpaced Salesforce, Microsoft, Oracle, and Adobe by […]
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Palantir’s earnings test arrives in the middle of an AI software sell-off Read More »