SpaceX draws $89 billion in demand for its debut bond sale, one of the largest US offerings this year

SpaceX has drawn roughly $89 billion in investor demand for its debut US bond sale, Bloomberg reported on Tuesday, setting the stage for one of the largest investment-grade offerings this year. The co [...]

Prosus launches ToqanClaw, an OpenClaw-style tool builder for its 5m merchants

The Amsterdam-listed group is putting conversational app-building in front of restaurants and shopkeepers, the users it says AI has so far left behind. Prosus has launched ToqanClaw, a platform that l [...]

Rocapine raises $13m to build wellness apps that hold instead of hook

Rocapine, a Paris venture studio building wellness apps, has raised a $13m Series A led by Educapital, the company said. The pitch is a neat inversion: take the playbook that made mobile gaming addict [...]

Dwelly raises $170M to turn UK lettings agencies into software

The London startup is buying independent lettings firms and folding them onto an AI platform, with EQT Growth leading the equity and Trinity Capital supplying the debt. The UK lettings business still [...]

IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings

IBM issued preliminary second-quarter results on Monday showing revenue of roughly $17 billion, up one percent year over year but well below the $18 billion that analysts had expected. Shares fell as [...]

Palantir’s Karp says Sanders will regret only asking for 50% of AI companies. Full nationalization is coming.

Palantir CEO Alex Karp says full nationalization of AI companies is coming, and that Senator Bernie Sanders’ proposal for 50% public ownership will soon look moderate. “In two years, they’re not [...]

Norway is banning generative AI in elementary schools starting this autumn

Norway will ban the use of generative AI tools by elementary school children starting from the new school year in late August, Prime Minister Jonas Gahr Støre announced on Friday. The ban applies to [...]

Lucid Motors replaces its CFO and overhauls its entire leadership team as new CEO reshapes the company

Lucid Motors said on Thursday that its chief financial officer, Taoufiq Boussaid, will be leaving the company, the latest in a series of leadership changes under new CEO Silvio Napoli. Alexander De Bo [...]

Ace Combat 8 Brings Aerial Dogfighting Into the Misinformation Age

The first game in the franchise in seven years includes loads of modernization changes -- including adding social media misinfo to fighter plane fantasy. [...]