SpaceX is in advanced share sale talks aiming for an astounding $800B valuation, a strategic move to raise fresh capital. In a related development, OpenAI is set to build a massive GPU supercluster in Australia, valued between $4.6B and $7B to meet soaring AI compute demands.
Apple finds itself grappling with a wave of high-profile resignations as key talent departs for rivals. Meanwhile, Netflix has entered exclusive talks regarding the acquisition of Warner Bros assets, stirring industry drama amid intensifying competition.
The regulatory spotlight intensifies with the European Union imposing a €120M fine on X for digital transparency breaches. Disruptions from a major Cloudflare outage compounded frustrations during peak trading hours, and the NYT has escalated its legal battle against a startup over alleged copyright infringements, underscoring high-stakes tensions in tech and media.
Other tech updates include enhanced autofill capabilities in Google Chrome meant to streamline checkouts, and price hikes of 15-20% from Dell and Lenovo driven by chip shortages. Rumors swirl about an iPhone Fold adopting an eSIM-only design, while Meta integrates major news outlets into its AI assistant, and UK innovator yuv secures Series A funding for its smart hair colour labs expansion.