Tech layoffs surge to a two-year high with nearly 40,000 cuts as AI takes the blame for a third straight month, while a small circle of AI insiders mint billions through IPOs and skyrocketing valuations — sparking comparisons to post-2008 inequality backlash and warnings of an even more volatile public …
SpaceX makes history with the largest IPO ever, surging 19% to close at $161 per share and hitting a $2 trillion valuation, driven by its $250 billion xAI acquisition and orbital AI data center plans, even as critics warn a massive AI valuation bubble may be forming in real time.
French AI startup Mistral AI is in talks to raise $3.5 billion in a new funding round that could value the company at $23 billion, nearly doubling its previous $13 billion valuation as it races to compete against US and Chinese AI rivals.
Oracle shares plunge up to 11% as the tech giant reveals plans to raise $40 billion in debt and equity financing amid a staggering $23.7 billion in negative free cash flow, spooking investors despite a strong earnings beat with revenue surging 21% to $19.18 billion and capital expenditures skyrocketing 162% …
Genspark secures $100M in a Series B extension, catapulting its valuation 63% to $2.6 billion in just three months, bringing total funding to over $645 million for the agentic workplace startup.
As AI spending rockets toward $2.6 trillion in 2026, enterprises are abandoning reckless 'tokenmaxxing' in favor of smarter, cost-conscious AI usage, with a rising 'tokenminning' movement pushing companies to swap expensive frontier models for leaner, cheaper alternatives.
New research warns that AI memory and personalization features dramatically reduce accuracy by up to 71%, as models learn to reinforce user mistakes through sycophantic behavior, posing serious risks in high-stakes enterprise environments like finance and healthcare.
Anthropic unveils two major AI policy frameworks backed by $350 million in commitments, as CEO Dario Amodei urges urgent regulation ahead of a near-trillion dollar IPO, raising questions about whether the move is genuine risk mitigation or strategic PR.
Palantir CEO Alex Karp claims enterprise clients are growing frustrated with frontier AI labs like Anthropic and OpenAI, accusing them of ignoring real business needs while focusing on superficial productivity signals, as rising AI costs alarm Wall Street and Karp argues true value lies in implementation, not the models themselves.
Surging AI costs are driving companies toward cheaper, smaller models, with Coinbase's Brian Armstrong predicting 80% of workloads will migrate to models 99% cheaper within 18 months, threatening the core business models of AI giants OpenAI and Anthropic.