01
Bloomberg Technology ↗
Elon Musk is in advanced talks to combine Space Exploration Technologies Corp. with xAI, according to people familiar with the matter, underscoring how the billionaire's artificial intelligence ambitions have grown too costly for any one of his entities to shoulder alone.
02
TechRepublic ↗
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, TikTok, and xAI.
03
Forbes Tech ↗
The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.
04
Ars Technica ↗
The macOS app does everything the CLI, IDE, and web interfaces do.
05
TechMeme ↗
Leo Schwartz /Fortune:Fieldguide, which uses AI agents to automate accounting and auditing tasks, raised a $75M Series C led by Goldman Sachs Alternatives at a $700M valuation— Fieldguide founder Jin ChangCOURTESY OF FIELDGUIDE — Like many of his fellow accountants, Jin Chang tried to quit the industry several times …
06
TechMeme ↗
Natasha Mascarenhas /Bloomberg:Shield, which acquires IT businesses and uses AI to make them efficient, raised $100M from Thrive Holdings and says it crossed $100M in annual revenue in 2025— It's Thrive Holdings' latest investment in bringing new tech to the services industry. — Thrive Holdings, an offshoot …
07
TechMeme ↗
Christine Mui /Politico:Meta gives $65M to two super PACs to elect California state candidates, regardless of party, whom it views as supportive of the AI and tech industry— Federal lobbying budgets for Big Tech hit record highs this year. But with federal AI regulation stalled in Washington …
08
Bloomberg Technology ↗
More than $3 trillion is expected to be spent building the data centers needed for the AI boom, and much of the funding is coming from debt markets. Bloomberg's Paula Seligson discusses the impact and risks this creates for bonds and credit.
09
TechMeme ↗
Ram Iyer /TechCrunch:Alabama-based Linq, which pivoted to programmatic messaging APIs in February 2025, raised a $20M Series A to build AI assistants that work within messaging apps— Sometimes, you might be sitting on a hot product and not know it until the market demands it.
10
Bloomberg Technology ↗
Christian Mueller-Glissmann, Goldman Sachs' asset allocation research head, says the market has traded artificial intelligence in a "relatively evidence-based" manner. "It feels like AI capex cannot really drive the equity market as much anymore," Mueller-Glissmann tells Bloomberg Television. "It's now about the application and the adoption," he adds. (Source: Bloomberg)