Alibaba's aggressive AI infrastructure investment has driven cash flow negative $6.6B and profit down 75%, while its core e-commerce business struggles with weak Chinese consumer…

SK Hynix shares surged 150% YTD but retreated 50% from June peaks as the market prices in full spectrum of good news; however, AI-driven memory demand remains structurally intact…

AI-driven memory demand remains strong because hyperscalers treat AI capex as an existential hedge — they must participate regardless of yield moves or short-term price action to…

Equity markets are treading water ahead of Nvidia's report because the company sits at the epicenter of AI; downside risk exists if expectations are missed but probability appears…

Bitcoin rallied past $70K to $72K following U.S. Treasury bond buyback intervention and a positive White House meeting with crypto industry leaders hosted by President Trump.

Prediction markets have become Robinhood's fastest-growing business, scaling from zero to 6 billion contracts in July (20x YoY), driven by sports and election betting, with expans…

Meta is spending hundreds of millions annually on Microsoft Azure for coding assistance workloads, revealing AI revenue concentration among ~10-20 large tech companies; Meta is al…

Microsoft's most important AI customers are other tech companies like Meta, TikTok, Adobe, and OpenAI — not old-school enterprises — raising circular financing concerns about the…

China's first listed humanoid robot company Unitree Robotics believes the industry could take off commercially within two years once robots can complete 80% of tasks, moving beyon…

Moonshot's Kimi K3 model is performing strongly on math, science, and coding benchmarks, narrowing the lead of U.S. frontier labs like Anthropic, while offering lower token pricin…

SpaceX recently closed a $60B acquisition of Cursor and approached rival AI coding startup Cognition for a potential takeover, signaling aggressive consolidation in the AI develop…

AI coding assistant Cursor was acquired by SpaceX for $60B last week, marking one of the largest private tech deals and validating the premium for AI developer tools.

AI coding startup Cognition rebuffed SpaceX's acquisition interest, declaring itself not for sale at any price, and is now in early talks for a new funding round at a $40B valuati…

Defense tech startup Castelion closed a $1B Series C ($800M equity + $250M credit) at a $13B valuation to accelerate production of its Black Beard hypersonic missile system, lever…

JPMorgan's participation in Castelion's $1B Series C provides capital markets expertise and signals the company's maturity and path to cash flow generation for eventual public mar…

Carlisle, described as the gold standard in aerospace and defense private equity, invested in Castelion's Series C, bringing deep sector networks and validation of the company's m…

Mayfield has invested $3B in early-stage AI companies, maintaining a disciplined inception-stage strategy (70% of deals at paper-and-pencil stage) with 8-10 investments per year,…

Quantitative trading firm Hudson River Trading became a major CoreWeave customer in a multi-year deal worth billions to access Nvidia's latest AI chips, validating the neocloud mo…

Anthropic backs Massachusetts' proposed AI safeguards requiring frontier models to undergo independent risk reviews every 180 days, while OpenAI opposes the cybersecurity model re…

OpenAI is lobbying against Massachusetts' proposed requirement for independent reviews of frontier models every 180 days, particularly around cybersecurity capabilities, while sim…