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VC firm 137 Ventures has raised over $700 million to back growth-stage startups. Its portfolio includes SpaceX, Anduril, Hadrian.
SpaceX and Blue Origin tell NASA their lunar landers will be ready for Artemis III in late 2027.
Musk’s shifting stance on AI dangers may complicate trial over OpenAI’s mission.
Tim Cook plans to step down from his CEO role in September, handing the reins to hardware chief John Ternus. Ternus may be inheriting one of the most durable businesses in tech, but he’s also stepping into a very different ecosystemthan the one Cook spent decades shaping. The App Store’s 30% cut is under pressure, the behind-the-scenes power Apple once […]
Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion "collaboration fee" and a path to a $60 billion acquisition.
The move could shore up weaknesses at each company, but it also reveals them. Neither Cursor nor xAI has proprietary models that can match the leading offerings from Anthropic and OpenAI — the same companies now competing directly with Cursor for the developer market.
The first major failure of Blue Origin's new heavy-launch system could create delays to its ambition to help NASA and the Trump administration return to the Moon.
It's a major milestone for the company's new mega-rocket system, putting it in position to challenge SpaceX's dominance of the global launch market.
Amazon announces $11.6B merger with Globalstar and satellite deal with Apple.
Amazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple's "Emergency SOS" feature, for $11.57 billion in cash.
"The work ahead is greater than the work behind us."
"One of the questions is what the initial orbit will be for Artemis III."
Lori Glaze: "We have seen real commitment to try and do that... from both Blue and from SpaceX."
Glen Anderson, president of Rainmaker Securities, says the secondary market for private shares has never been more active — with Anthropic the hottest trade around, OpenAI losing ground, and SpaceX's looming IPO poised to reshape the landscape for everyone.
Some banks "agreed to spend tens of millions on the chatbot," NYT reports.
Amazon denies violation, says SpaceX caused conflict by lowering Starlink satellites.
Next time around, the pressure will be on SpaceX and Blue Origin.