Retail Traders Gain OpenAI Exposure via Robinhood Fund
Retail investors can now gain exposure to OpenAI through Robinhood’s venture fund, which has taken a $75 million stake in the AI company.
Retail investors can now gain exposure to OpenAI through Robinhood’s venture fund, which has taken a $75 million stake in the AI company.
SpaceX has secured rights to acquire AI coding startup Cursor for up to $60 billion, deepening its push into AI alongside xAI ahead of a potential IPO.
Intel has joined Elon Musk’s Terafab project aimed at scaling AI chip production, though its exact role remains unclear. The effort targets massive compute output for AI and robotics.
OpenAI’s acquisition of tech media platform TBPN highlights an unconventional M&A strategy as the company prepares for a potential IPO and faces rising competition in AI.
SpaceX has reportedly filed confidentially for an IPO, joining OpenAI and Anthropic in a growing pipeline of major tech listings. The moves signal a potential surge in AI-driven public offerings in 2026.
SpaceX is preparing a record-breaking IPO that could raise $75 billion, combining its space business with AI ambitions through xAI integration.
A Dutch court has banned xAI’s Grok from generating non-consensual sexual images, marking a major regulatory action against AI content tools in Europe.
Elon Musk announced plans for Terafab, a dual chip factory project by Tesla and SpaceX to produce AI chips for vehicles, robots, and space-based data centers.
Pentagon staff and contractors are resisting orders to phase out Anthropic’s AI tools, citing performance concerns and operational disruption. The ban highlights tensions between policy decisions and AI adoption.
Elon Musk’s xAI is recruiting investment bankers, traders, and crypto experts to train its Grok chatbot on financial markets as it competes for enterprise customers.
Elon Musk has pushed out several leaders and employees at xAI as he restructures the company ahead of a potential initial public offering.
Elon Musk revealed Digital Optimus, a joint Tesla–xAI AI agent project powered by Grok and Tesla hardware. The announcement deepens links between the companies amid ongoing shareholder litigation.
Elon Musk revealed Macrohard, a joint Tesla and xAI project combining Grok and autonomous agents designed to emulate the functions of software companies.
The U.S. Department of War is moving to designate Anthropic a supply chain risk over restrictions on mass domestic surveillance and autonomous weapons, the AI company said. Anthropic says its commercial services remain unaffected.
Anthropic will not ease restrictions on how its AI models can be used by the U.S. military, even after a high‑level meeting with the Pentagon.