From SpaceX and xAI to energy, media and food, explore five major US business deals reshaping industries in 2026.
Browsing: Business
US housing construction slumped in July as high mortgage rates weighed on demand, while AI-driven production boosted manufacturing growth.
Etched raises $700 million at a $21 billion valuation, more than doubling its worth as investors back its AI inference technology.
The Motion Picture Association struck an agreement with ByteDance to strengthen copyright guardrails for AI tools.
Apple warns users in 110 countries about potential mercenary spyware attacks as security experts report a surge in targeted cases.
Tech titan Google pays $10 million in a bid for corporate communications and software archives to train models.
Harvard’s endowment disclosed a $2.2 billion SpaceX stake, making the company its largest publicly reported U.S. equity holding.
Ferrari’s first electric car, Luce, sells for a record $40 million at auction, marking a major shift toward electric luxury performance.
Meta faces thousands of lawsuits alleging its platforms are addictive to young users and violate child safety and privacy laws.
Nvidia has reportedly reduced its planned guarantee for an OpenAI data center in Ohio to less than $120 billion.
Vishal Garg, the Better founder who fired 900 employees on Zoom, is fighting to reclaim his CEO job after being ousted earlier this month.
Cursor said that with SpaceX it is prepared to push its ambitions further. “We will have access to the largest fleet of GPUs in the world, giving us the compute to build stronger models that are also more economical to run”
Indian IT firms are cutting back on H-1B applications as higher visa costs, lottery changes and AI reshape US hiring strategies.
Chinese AI firm DeepSeek has launched its V4 Pro model, priced several times higher than its previous V4 Flash model.
Silver Lake is reportedly in talks to acquire Workday in a major software buyout as AI reshapes the traditional enterprise software market.
Apple’s Tim Cook was joined by Secretary of Commerce Howard Lutnick to open a new manufacturing plant in Houston, Texas.
Elon Musk’s 48.4% SpaceX stake is valued at nearly $907 billion, though he says some shares remain subject to vesting conditions.
New court filings detail Ann Altman’s allegations against Sam Altman, including claims of childhood abuse and resulting PTSD.
Indian American Myra Saxena, 11, pioneers diabetes research using AI, machine learning and wearable technology to win national recognition.
George Mason University names its innovation center for Anil Sharma, honoring his support for students, entrepreneurs and the community.
Internal messages reveal startup founder knew about deceptive commission practices months before public denials.
Opendoor shares fall after its first-ever buyback, funded by $650 million in convertible debt, as investors weigh aggressive capital moves.
Bill Ackman’s Pershing Square returned to Netflix and added five other stocks as the billionaire investor reshapes his portfolio.
Amazon now automatically uses Twitch creator content to train generative AI models, sparking backlash over consent, and data ownership.
Home Depot CEO Ted Decker takes temporary medical leave as senior executives Ann-Marie Campbell and Richard McPhail assume leadership duties.

