16 Jun 2026
OpenAI Just Started Selling What Your Consulting Business Sells
On May 11, 2026, the open source AI consulting competition for small business advisers was implemented. A new AI consulting business for big firms called OpenAI Deployment Company was established by OpenAI with over $4 Billion in backing . TPG leads the partnership, with Advent, Bain Capital and Brookfield serving as co-lead founding partners. In addition, OpenAI agreed to acquire UK-based AI…
16 Jun 2026
SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion
SpaceX just executed the largest acquisition of a venture-backed startup in history, exercising its option to buy Cursor parent Anysphere for $60 billion in an all-stock deal that pulls a rocket company straight into the center of the AI coding war.
16 Jun 2026
The subtext of Robinhood's layoff memo: It's not us, it's you
In announcing layoffs, Robinhood CEO Vlad Tenev said the company must "continuously raise our own bar."
16 Jun 2026
3 Ways to Invest in Anthropic Before It Goes Public
Anthropic's upcoming initial public offering will be one of the most closely watched artificial intelligence (AI) listings on Wall Street. According to Reuters, the company has confidentially filed for an IPO in the U.S., after raising $65 billion in funding at a valuation near $965 billion in May. With its annualized revenue reportedly reaching $47 billion as of early May and demand for…
16 Jun 2026
Alleged ‘ringleader’ of disrupted attack on White House UFC show arrested in Nebraska
OMAHA, Neb. (WOWT) - Announcing the arrest of five suspects in the foiled plot to attack the UFC Freedom 250 event at the White House on Sunday, the U.S. Department of Justice said Tuesday that an Omaha man taken into custody was the mastermind behind the whole conspiracy. Abraham Hermosillo Alvarez, 31, of Omaha was arrested Sunday in a raid on an old church in the small town of Western, Neb.…
16 Jun 2026
‘Dangerous’ AI Models Are Coming No Matter What
Late last week, Anthropic took its new Claude Fable 5 and Mythos 5 AI models offline following a United States government export-control directive barring “any foreign national” from using the services.
16 Jun 2026
Meet two North Texas venture capital leaders who won big on SpaceX's historic IPO
SpaceX Starship No. 33 is seen in December at the Massey test site. Courtesy SpaceX Phil Scully grew up milking cows on a dairy farm in New Hampshire and goes to Burning Man in his free time. On Friday, his Dallas-based space and defense tech venture capital firm racked in a fortune from SpaceX’s Wall Street debut.
16 Jun 2026
MANGOS Or Fab 10? SpaceX's IPO Sparks A Scramble To Rename Big Tech Stocks
Topline SpaceX's blockbuster Nasdaq debut has vaulted it past three Magnificent 7 members by market cap in its second full day of trading, fueling a Wall Street scramble to retire the acronym in favor of new labels, including the social media viral "MANGOS" and Vanda Research's "Fab 10"—neither of which most investors can fully buy, since marquee members OpenAI and Anthropic remain private.
16 Jun 2026
QuEra CEO: Quantum moves beyond science project to engineering challenge
QuEra CEO Andy Ory said enterprises need to get ready for quantum computing and it will launch its Libra quantum computer via AWS Braket in 2028.
