Bylines
Meta starts charging for AI with Muse Spark 1.1, and Zuckerberg breaks a three-year X silence to say so
The new agentic coding model undercuts Claude Sonnet on price, ships with a 1M-token context window, and lands the same day OpenAI drops GPT-5.6. Meta is done giving models away.
OpenAI opens the gates on GPT-5.6 after Washington's 12-day preview
Sol, Terra, and Luna go broadly available on ChatGPT, Codex, and the API — but only after a White House-blessed review that's about to become the new normal for frontier AI.
The first AI-run ransomware attack is here, and it wrote its own ransom note
Sysdig says an autonomous LLM agent it calls JADEPUFFER broke in, moved laterally, and extorted a database on its own. The skill floor for ransomware just fell through the floor.
Xbox resets: 3,200 jobs gone, four studios out the door
New CEO Asha Sharma calls it the 'most significant restructure in Xbox history.' The Game Pass-first bet is officially over.
OpenAI wants Washington to own 5% of it — and every other AI lab, too
Sam Altman has pitched Trump, Lutnick, Bessent and Bernie Sanders on a sovereign-wealth-style stake worth roughly $42.6 billion. The other labs have not, notably, signed on.
OpenAI floats a 5% stake for Washington, worth $42.6 billion
Sam Altman wants every major U.S. AI lab to hand the government equity via an Alaska-style fund. Bernie Sanders wants 50%. The talks are 'conceptual.'
Grok 4.5 slips into private beta at SpaceX and Tesla, and skips the benchmarks entirely
xAI's biggest model yet is running inside two of Musk's own companies at 1.5 trillion parameters. Everything anyone knows about how good it is comes from Elon Musk.
57,000 jobs. That's it. The month AI finally showed up in the payroll print.
June's nonfarm number came in at half the consensus, participation cratered to a 2021 low, and the tech-and-finance bleed the Fed keeps calling 'structural' just got a headline number to match.
Anthropic's Claude Sonnet 5 chases Opus on the cheap, right on cue for the IPO
The new default for Free and Pro users nearly matches the flagship on knowledge work, undercuts it on price, and ships with cyber safeguards flipped on by default.
OpenAI Has Its Own Chip Now, and It's Called Jalapeño
Built with Broadcom in nine months, the company's first custom inference processor is showing roughly 50% cost savings over GPUs — and it's the start of a multi-generation roadmap.
OpenAI's first chip has a name, a partner, and a 50% claim
Jalapeño, co-designed with Broadcom in nine months, is OpenAI's first in-house silicon. Hock Tan says it runs inference for about half the cost of GPUs.
OpenAI's first chip has a name: Jalapeño
Built with Broadcom in nine months, the inference-only ASIC is OpenAI's bid to claw back margin from Nvidia — and it's already showing roughly 50% cost savings in early tests.
GPT-5.6 launch window opens today, and ChatGPT Pro users say they're already running it
Polymarket has $1.1 million staked on a June 22–28 release, OpenAI's chief scientist called it a 'meaningful improvement,' and a release candidate codenamed Kindle-Alpha has already leaked. OpenAI is saying nothing.
SpaceX Is Already Back at Wall Street's Door — for $20 Billion More
Days after the largest IPO ever, Musk's bankers are lining up an investment-grade bond sale to refinance the bridge loan that bought xAI.
Trump says Apple is making chips with Intel. Apple and Intel say… nothing.
A Truth Social post sent Intel stock up double digits. Neither company will confirm a deal exists.
The tokenmaxxing bill comes due
Uber torched its 2026 AI budget by April. Microsoft yanked Claude Code licenses. Meta killed the leaderboard. The 'use as many tokens as possible' era is collapsing under its own invoice.
Nvidia wanted $20 billion. Investors offered $85 billion.
The chipmaker's first bond sale since 2021 priced at $25 billion across seven tranches — and was oversubscribed more than three times over.
SpaceX hits $2 trillion on Nasdaq debut, and Elon Musk is officially a trillionaire
SPCX surged 19% to close at $160.95 on Friday, raising a record $75 billion in the largest IPO in history and cracking open an 'IPO summer' Wall Street is already lining up for OpenAI and Anthropic.
SpaceX rings the bell at $1.77 trillion, and Elon Musk now runs two of them
SPCX opens on Nasdaq today as the largest IPO in history — $75 billion raised, retail given a triple-size seat at the table, and the xAI-and-X conglomerate Musk built around the rocket company finally has a public price tag.
SpaceX Pops 19% on Debut, Mints the First Trillionaire, Cracks the IPO Window
SPCX closed near $161 after the largest IPO in history raised $75 billion at a $1.77 trillion valuation. The former Nasdaq chief is already betting OpenAI and Anthropic walk through the door next.
OpenAI files its S-1, and suddenly the AI IPO pipeline is worth $3.6 trillion
ChatGPT's maker quietly filed confidential paperwork with the SEC on Monday, becoming the third AI giant — after Anthropic and SpaceX — to queue up for Wall Street. The company is valued at $852 billion and still won't be profitable until 2029.
Nvidia jumps the PC fence: RTX Spark is Jensen's bet on the Arm laptop
At Computex in Taipei, Huang unveiled a Blackwell-plus-Grace superchip co-developed with Microsoft. Dell, HP, Lenovo, Asus, MSI, and a Surface Ultra are all in for fall.
SpaceX drops the S-1, and it reads like a $1.75 trillion dare
Reusable rockets, a cash-printing Starlink, a $7.7 billion-a-quarter AI money pit, and a $28.5 trillion 'addressable market.' The Nasdaq has never seen a prospectus like this.
ChatGPT just got smarter by default, and OpenAI wants you to feel it
GPT-5.5 Instant rolled out on May 5 as the new default model for everyone using ChatGPT. The pitch is fewer hallucinations on the questions where being wrong actually matters.