CoreWeave Takes As Much Financial Engineering As It Does Datacenter Design
… The losses are at least growing slower than the revenue, unlike some fast-growing startups. …
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Oracle tops up restructuring fund for FY26 by $500M
AI + ML Oracle tops up restructuring fund for FY26 by $500M Pot of money grows to $2.1BN for fiscal '26, as Big Red exec says AI helping smaller engineering teams do more Oracle has increased funding for its restructuring plans for the current financial year by $500 million, with some observers ant… …
xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over | TechCrunch
… The filing marks the first public glimpses into xAI, and therefore X’s, financials. In 2024, xAI recorded a loss of $1.56 billion on $2.62 billion in revenue. By 2025, losses had ballooned to $6.4 billion on $3.2 billion, meaning the gap between what xAI earns and spends is widening. …
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. …
OpenAI zou met haast naar de beurs willen: 'Wil afvlakkende groei voor zijn'
…de hoogleraar is vooral de manier van datacenters financieren risicovol. "Veel grote techbedrijven doen dat gedeeltelijk met zogenoemde special purpose vehicles. Dat zijn losse, opzichzelfstaande bedrijven met als enige doel om geld…
Family sues OpenAI, alleging ChatGPT advice led to accidental overdose - Engadget
… They're asking for financial damages and for the courts to put a pause to the operations of ChatGPT Health. …
Elon Musk Loses Landmark Lawsuit Against OpenAI
… Had Musk won, he could have been entitled to financial damages, up to potentially over $100 billion from OpenAI’s for-profit subsidiary, which he said he would have donated back to OpenAI’s nonprofit. …
OpenClaw AI agent found falling for phishing attacks, spills user data
… For high-risk actions such as credential sharing, financial data requests, and first-time communications, human approval should be requested. …
Microsoft CEO calls OpenAI board "amateur city" over Sam Altman's firing — Here's why
… He even showed the jurors an email Musk had sent him, thanking him for financial and computing support for OpenAI in 2016: "Very much appreciated," Musk indicated in the email. …
'A Web of Deceit': Florida Sues OpenAI Over ChatGPT Safety Concerns
… Though it's unclear still how the financial penalty will play out, Meta and Google were recently ordered to pay $3 million after a jury found them guilty of creating addictive social media apps; in a separate case, Meta was ordered to pay $375 million on child exploitation charges. …