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SpaceX's Grok 4.5 launches at half the price of rivals — here's why that could rattle Anthropic and OpenAI
Elon Musk's SpaceX released Grok 4.5 on Wednesday, the first artificial intelligence model the company has trained specifically for coding and autonomous agents — and the first tangible product [...]
Orbital AI data centers could work, but they might ruin Earth in the process
At the start of the month, Elon Musk announced that two of his companies — SpaceX and xAI — were merging, and would jointly launch a constellation of 1 million satellites to operate as orbital d [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Hedge funds sold chip stocks for a fourth week, but not the AI trade
Hedge funds cut their holdings of semiconductor stocks for a fourth straight week, according to Goldman Sachs prime brokerage data, in a run of selling that has made chipmakers and their equipment sup [...]
Banks working on the SpaceX IPO reportedly have to subscribe to Grok
Cutthroat capitalism sure does bring out the best in humanity. Take, for example, Elon Musk. He reportedly set a condition for banks, law firms, auditors and advisors who want to work on the SpaceX IP [...]
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO
Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]