
The US Justice Department has taken Elon Musk’s side in a pollution lawsuit, arguing that the gas turbines powering his AI data centre are too important to national security to switch off. In a filing on Monday, the department, joined by the state of M…

Qualcomm’s chief executive thinks the app as you know it is on the way out, and that the phone in your pocket is about to lose its place at the centre of your digital life. ‘Agents are going to be the new app,’ Cristiano Amon told CNBC’s The Tech Downl…

The Current Series E is in. The New York neobank raised $80m, led by Springcoast Partners, at a $1.5bn valuation. That headline hides the real story. In 2021, Andreessen Horowitz valued Current at $2.2bn. The new round sits about a third below that pea…

Coram AI has raised $35m to turn the security cameras already bolted to walls into something closer to an autonomous detective. The Series B is co-led by the new investor Ansa Capital and Battery Ventures, with UP Partners, 8VC and Mosaic Ventures join…

On the day SpaceX prices the largest stock-market debut in history, the market underneath it has a case of nerves. The cause is not rockets. It is AI. Several warning lights are flashing at once. Together they amount to the first serious test of a trad…

The SpaceX IPO is set to price the biggest stock-market debut in history this week, raising about $75bn at a valuation near $1.75tn, with shares trading on Nasdaq from Friday. But the most consequential thing about Elon Musk’s rocket company going publ…