Jeff Bezos’ Blue Origin is reportedly seeking $10 billion in its first outside funding round, valuing the space company at $130 billion.
Browsing: Business
Three-city investor series in Boston, Washington and New York will be held from July 14 to 16.
OpenAI chief product officer Kevin Weil has joined reusable rocket startup Stoke Space and is prepared to launch its Nova rocket.
Microsoft replaces OpenAI and Anthropic AI models with its MAI technology in Excel, Outlook, and GitHub Copilot to reduce costs.
OpenAI launches GPT-5.6 with Sol, Terra, and Luna variants after government review, advancing AI capabilities in coding, and cybersecurity.
Apple will invest over $30B with Broadcom to expand Colorado chip production, strengthening U.S. manufacturing
Xbox CEO Asha Sharma says Microsoft will eliminate 3,200 jobs during fiscal 2027 as the gaming business undergoes biggest restructuring.
President Trump said Walmart agreed to lower prices on ground beef and other products after a White House request.
Apple’s iOS 27 beta introduces customizable Siri voice pace and expressivity, enhancing AI interactions with more natural conversations.
Solstice acquires Element Solutions for $14.5B, strengthening its AI, and advanced materials portfolio amid rising data center demand.
Toyota will invest $3.6 billion in a new Texas plant, shifting Tacoma truck production from Mexico and creating 2,000 jobs.
EasyJet accepted an agreement in principle after previously turning down four separate offers from Castlelake.
Anthropic signed a 20-year, $19 billion AI data center lease with TeraWulf, boosting AI infrastructure stocks and expanding Claude capacity.
SK Hynix launches a $28 billion U.S. share sale, leveraging booming AI demand to expand its global investor base and growth.
Indian American media executive to lead global brand strategy and expand data-driven fan engagement initiatives.
Indian American CEOs lead major global companies in 2026, like that of Alphabet, Microsoft, Novartis, Procter & Gamble and Palo Alto Networks.
Gold has surpassed U.S. Treasuries as the world’s largest reserve asset, with 89% of central banks expecting global gold reserves to rise.
Amazon accelerates Project Kuiper satellite rollout, challenging SpaceX Starlink with global broadband plans
Tesla caps employee AI tool spending at $200 weekly, requiring approval for higher usage to control costs while expanding AI adoption.
Meta AI chief Alexandr Wang says upcoming Watermelon model matches OpenAI GPT-5.5, signaling major progress in the AI race
Ford employee fired over a $1.95 cookie was reinstated after bank records proved payment, raising workplace fairness concerns.
Meta launches Pocket, an AI app that creates interactive games and apps from text prompts with remixing and community discovery features.
Alibaba bans Anthropic’s Claude Code over alleged security risks, directing employees to adopt its in-house Qoder AI coding platform instead.
Microsoft deploys 6,000 employees to help businesses adopt AI faster through its new $2.5 billion enterprise AI initiative.
OpenAI explores granting the U.S. government a 5% stake before its IPO, aiming to expand public benefits from AI growth.

