Trump energy department loosens rules on nuclear safety | TechCrunch

Trump energy department loosens rules on nuclear safety | TechCrunch

For the last several months, nuclear startups have been raising large sums of money — well over $1 billion so far. Data centers and their thirst for electricity has been one driving force. But recent changes to federal nuclear safety policies could be another accelerant that helps clear the way for speedy reactor development and at a potential cost to human …

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Microsoft gained $7.6B from OpenAI last quarter | TechCrunch

Microsoft gained .6B from OpenAI last quarter | TechCrunch

Microsoft and OpenAI may have a notoriously rocky relationship but as OpenAI experiences never-before-seen revenue growth, Microsoft, one of its major investors, is benefiting greatly. When the software giant reported its latest quarterly earnings on Wednesday, it dropped this rather large nugget in: Its net income increased by $7.6 billion from its investment in OpenAI. OpenAI reportedly has a 20% …

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Tesla is killing off the Model S and Model X | TechCrunch

Tesla is killing off the Model S and Model X | TechCrunch

Tesla is ending production of the Model S sedan and Model X SUV, CEO Elon Musk announced Wednesday during the company’s quarterly earnings call. The company will make the final versions of both electric vehicles next quarter, he said, adding that his company will offer support for existing Model S and Model X owners “for as long as people have …

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Mark Zuckerberg says Reality Labs will (eventually) stop losing so much money

Mark Zuckerberg says Reality Labs will (eventually) stop losing so much money

Mark Zuckerberg says there’s an end in sight to Reality Labs’ years of multibillion-dollar losses following the company’s layoffs to the metaverse division earlier this year. The CEO said he expects to “gradually reduce” how much money the company is losing as it doubles down on AI glasses and shifts away from virtual reality. Speaking during Meta’s fourth-quarter earnings call, …

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Tesla invested $2B in Elon Musk’s xAI | TechCrunch

Tesla invested B in Elon Musk’s xAI | TechCrunch

Three weeks ago, Elon Musk’s AI company, xAI, revealed it raised $20 billion in a Series E funding round. Now, we know Tesla is among its investors. Tesla disclosed in a letter to shareholders on Wednesday that it invested $2 billion in xAI, the startup behind the Grok chatbot that also owns Musk’s social media company X. Other previously disclosed …

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SpaceX is coming to the public markets, and secondaries are already on fire | TechCrunch

SpaceX is coming to the public markets, and secondaries are already on fire | TechCrunch

paceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs.  The company just completed a tender offer at an $800 billion valuation, and secondary market demand is through the roof. If SpaceX goes public anywhere near its rumored $1.5 trillion valuation, it could trigger an IPO cascade for other late-stage unicorns like OpenAI, Stripe, and Databricks.  Watch as Equity host Rebecca Bellan chats with Greg Martin, Managing Director …

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Microsoft beats expectations, cloud tops $50B as OpenAI and Anthropic deals reshape its business

Microsoft beats expectations, cloud tops B as OpenAI and Anthropic deals reshape its business

The entrance to “Experience Center One” on Microsoft’s Redmond campus. (GeekWire File Photo) Microsoft’s big financial bet on artificial intelligence got even bigger in the December quarter, but it also showed continued signs of paying off for its cloud business. The company spent $37.5 billion on capital expenditures during the second quarter of its 2026 fiscal year, up 66% from …

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Tesla profit tanked 46% in 2025 | TechCrunch

Tesla profit tanked 46% in 2025 | TechCrunch

Tesla’s profit fell 46% in 2025 compared to the prior year, as CEO Elon Musk assumed a role in the Trump administration and federal electric vehicle subsidies were killed off by Congress, causing sales to plummet. The electric vehicle company reported Wednesday that it recorded just $3.8 billion in profit across 2025, its lowest tally in years. Total revenue from …

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ServiceNow inks another AI partnership, this time with Anthropic | TechCrunch

ServiceNow inks another AI partnership, this time with Anthropic | TechCrunch

ServiceNow announced a deal with major AI player Anthropic just a week after it announced a partnership with OpenAI. Enterprise workflow software company ServiceNow has entered into a multi-year deal with AI research lab Anthropic on Wednesday. This partnership involves further embedding of Anthropic’s AI models into ServiceNow’s platform for its customers and bringing Anthropic’s AI to its employees. ServiceNow …

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