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SpaceX files S-1, opening the path to what would be the largest IPO in history

The prospectus shows $18.7bn of 2025 revenue, a $4.27bn Q1 net loss, an accumulated deficit of $41.3bn, and a balance sheet that includes 18,712 bitcoin worth $1.29bn at quarter-end. SpaceX will list on Nasdaq under the ticker SPCX. SpaceX has filed its S-1 with the US Securities and Exchange Commission, opening the path to what […]

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Airbnb is adding hotels, car rentals, and luggage storage as it evolves from a home-sharing app into a full travel platform

  Airbnb started as a way to book someone else’s spare room. It is now trying to become the app you never leave during a trip. The company’s summer 2026 release adds boutique hotels, car rentals, luggage storage, and thousands of new experiences to the platform. The hotel push is the most significant shift. Airbnb […]

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Tesla’s Full Self-Driving software just landed in its second European country, with more in the queue

Tesla’s Full Self-Driving software is no longer a single-country experiment in Europe. Lithuania became the second EU member state to approve FSD (Supervised) on Tuesday, just weeks after the Netherlands became the first. Greece and Belgium are expected to follow shortly. The Lithuanian transport safety administration adopted the Dutch RDW’s prior certification rather than running […]

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OpenAI is about to file for an IPO, and prediction markets think Anthropic just lost the race to go public first

The AI industry’s most consequential race is no longer about building the best model. It is about getting to public markets first. OpenAI appears to have taken the lead. The company is preparing to confidentially file a draft of its IPO prospectus as soon as this week, according to CNBC, with Goldman Sachs and Morgan […]

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LinkedIn is finally cracking down on AI slop, and the feed might actually become readable again

If your LinkedIn feed has felt like it was written by one person with 10 million accounts, you are not imagining things. The platform has become a petri dish for AI-generated posts that say nothing while sounding vaguely inspirational. Now LinkedIn says it is doing something about it. The company announced changes that will target […]

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Figma builds its own AI assistant that can design alongside you on the canvas

Summary: Figma is launching its own AI agent that operates directly on the collaborative design canvas, letting users generate, edit, and iterate on designs through natural language prompts. The move follows partnerships with Anthropic and OpenAI and the $200 million Weavy acquisition.   For months, Figma has been opening its canvas to other people’s AI. […]

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GitHub confirms hackers stole thousands of internal code repositories after employee installed a poisoned VS Code extension

  It is an unsettling irony when the world’s largest code-hosting platform becomes the victim of its own ecosystem. GitHub confirmed on Tuesday that a threat actor exfiltrated approximately 3,800 internal repositories after compromising an employee’s device through a poisoned Visual Studio Code extension, marking one of the most significant breaches the Microsoft-owned company has ever […]

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French companies bid $10bn for one of the EU’s five planned AI gigafactory sites

A Scaleway-led AION consortium, with backing from Iliad, GENCI, Inria, Eviden, SiPearl, Hugging Face, and Mistral-adjacent partners, is positioning France as a single-country bidder against multi-state proposals from Spain, Germany, and the Netherlands. A consortium of French companies led by Iliad’s cloud subsidiary Scaleway has bid roughly $10bn to build one of the European Union’s […]

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ChatGPT, Claude, Gemini and Grok are not ready to brief American voters

A new generation of voters will ask ChatGPT, Claude, Gemini, and Grok how to vote, where the polling station is, and who is telling the truth. The published research is consistent: the models cannot reliably answer those questions. The election will arrive anyway. In the spring of 2024, a Tow Center researcher at Columbia Journalism […]

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Lambda wins a cloud deal with Hudson River Trading to supply access to NVIDIA chips

The IPO-bound GPU-cloud start-up adds one of the largest US quantitative trading firms to a customer list that already includes Microsoft and NVIDIA itself. Lambda has signed a cloud-infrastructure deal with Hudson River Trading, one of the largest US quantitative trading firms, to supply HRT with access to NVIDIA chips, Reuters reported on Wednesday. The […]

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