Leaked financial docs show OpenAI is losing billions of dollars a year
… But measured as a percentage of revenues, the company’s operating losses slightly improved year to year, from 237 percent in 2024 to 160 percent in 2025. …
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Android phones will soon be able to detect spoofed calls and impersonation scams
… According to Google, “impersonation fraud” is one of the most common types of financial scams. The FTC tracked almost $3 billion in losses from such scams during 2024, and the improvements in AI voice cloning tools more recently are making the schemes easier to pull off. …
Google DeepMind partners with EVE Online for AI model testing
… But developer Fenris/CCP has faced financial struggles in recent years, with annual losses nearing $20 million in both 2023 and 2024 . …
As Grok flounders, SpaceX bets future on beating Big Tech at AI
… The latest financial disclosures show the company is currently unprofitable—the Starlink Internet satellite service being the only profitable unit— with a growing debt load that has reached $29 billion. …
Amazon-owned Ring should pay Americans for scanning their faces, lawsuit says
A lawsuit against Amazon is seeking financial damages for millions of Americans whose faces may have been recorded by Ring cameras since the Familiar Faces feature was rolled out late last year. …
Rocket Report: Starship launch delayed, German launch company may aid Canada
… SpaceX files financial document ahead of IPO . …
GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it
… Like, it should have been bankrupt by now?” Cohen said. “Look at our financial performance. …
Rocket Report: Nova moving through test campaign; SpaceX IPO launches Friday
… And whatever one might think of the company’s impending IPO—whether it’s a financial boondoggle or a long-awaited opportunity for investors to own a piece of SpaceX—its valuation is largely due to the Falcon 9 vehicle. …
Sony's failed war against Internet piracy may doom other copyright lawsuits
Sony and other major record labels recently suffered a thorough defeat at the Supreme Court in their attempt to make Internet service providers pay huge financial penalties for their customers’ copyright infringement. …
NASA's X-59 "frankenjet" tests supersonic flight without the sonic boom
… But even if the X-59 program shows that quieter supersonic travel is possible, any potential revival of commercial supersonic flights would still have to prove financially viable despite challenges such as massive fuel consumption costs. …