Nvidia halved its $250bn promise to OpenAI. Then it showed investors what it owns
Nvidia halved its $250bn promise to OpenAI. Then it showed investors what it owns

Anissa Gardizy reported the cut for The Wall Street Journal on 14 August. Under the new proposed terms Nvidia would initially backstop only half of the 10GW project, and it would decide about the rest later. A deal could be signed as soon as this weeke…

Tesla ‘flying’ Roadster demo could come this month, with no one inside
Tesla ‘flying’ Roadster demo could come this month, with no one inside

Tesla is planning to finally show its new Roadster as early as this month, and the event is supposed to include a stunt where the car lifts off the ground, according to a new report from The Information (paywall).
There’s a catch. The car will be opera…

SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before
SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before

SpaceX confirmed completion in a regulatory filing. Bloomberg’s Carmen Arroyo and Natasha Mascarenhas reported the close. The desk covered the binding agreement in June, when SpaceX filed an 8-K and said it expected to complete in the third quarter, su…

SpaceX’s Starlink starts taking orders in Vietnam, on Hanoi’s terms
SpaceX’s Starlink starts taking orders in Vietnam, on Hanoi’s terms

SpaceX’s Starlink has begun taking orders for its satellite-internet service in Vietnam, opening one of Southeast Asia’s fastest-growing markets to Elon Musk’s orbital broadband. It is a notable win for a business that has become SpaceX’s cash machine,…

Musk says SpaceX AI will out-earn rockets by September, and be trained on staff
Musk says SpaceX AI will out-earn rockets by September, and be trained on staff

SpaceX posted a 30-minute all-hands to X on Tuesday. Elon Musk used it to make two claims, and they only make sense together. The first is a number. AI revenue will pass everything else the company sells by next month. The second is a method. SpaceX wi…

SpaceXAI launches Grok Bot as the agent race moves to office work
SpaceXAI launches Grok Bot as the agent race moves to office work

SpaceXAI has launched Grok Bot in beta, AI agents that sign into apps and websites, retain context between tasks and coordinate with each other. Access is limited at first to SuperGrok Heavy, Cursor Ultra and Cursor Teams Premium subscribers, with an e…

SEC settles fraud case against Adit Ventures over fake SpaceX and Klarna pre-IPO shares
SEC settles fraud case against Adit Ventures over fake SpaceX and Klarna pre-IPO shares

The US Securities and Exchange Commission has settled fraud charges against private-fund adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated general partners, in a case that reads like a cautionary tale about the frenzy for …

Vingroup’s VinSpace signs SpaceX to launch Vietnam’s first home-built satellites
Vingroup’s VinSpace signs SpaceX to launch Vietnam’s first home-built satellites

VinSpace, a Vietnamese space startup that did not exist a year ago, has signed a contract with SpaceX to send its first home-built satellites into orbit in 2027. The company, a subsidiary of the sprawling Vingroup conglomerate, will hitch a ride on one…

Tesla unveils first Cybercab with Starlink antenna integrated
Tesla unveils first Cybercab with Starlink antenna integrated

Tesla’s robotaxi account posted photos today of what it’s calling the first Cybercab with a Starlink antenna built into the vehicle.
The pictures show a gold Cybercab parked at Gigafactory Texas, with a low-profile satellite antenna integrated into the…

Musk’s Terafab chip plant will run on gas, not Tesla solar
Musk’s Terafab chip plant will run on gas, not Tesla solar

SpaceX confirmed it will power Terafab, its $16.8 billion chip megafactory in Texas, with its own natural gas power plants and “very large battery arrays.” Tesla solar isn’t in the plan.
That’s despite Tesla being a partner on the project, and despite …