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 …
Read More »Microsoft gained $7.6B 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% …
Read More »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 …
Read More »Mark Zuckerberg says a future without smart glasses is ‘hard to imagine’ | TechCrunch
Mark Zuckerberg spoke about his ambitions for Meta’s AI smart glasses business during Meta’s Q4 2025 earnings call on Wednesday. After pivoting its Reality Labs investments away from the metaverse, Meta is doubling down on its production of AI wearables, as well as its own AI models. “Billions of people wear glasses or contacts for vision correction. And I think …
Read More »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, …
Read More »Patreon creators have to switch to subscription billing by November, thanks to Apple
Patreon creators will need to make some changes soon, thanks to Apple. On Wednesday, Patreon said Apple has renewed its requirement that all Patreon creators must move to subscription billing. The deadline to do so is November 1, 2026. Patreon’s blog post announcing the change made it clear that it had no other choice. “We strongly disagree with this decision,” …
Read More »Tesla invested $2B 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 …
Read More »Elon Musk teases a new image-labeling system for X… we think? | TechCrunch
Elon Musk’s X is the latest social network to roll out a feature to label edited images as “manipulated media,” if a post by Elon Musk is to be believed. But the company has not clarified how it will make this determination, or whether it includes images that have been edited using traditional tools, like Adobe’s Photoshop. So far, the …
Read More »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 …
Read More »Astronomers share new insights about the early universe via the Webb Space Telescope
Researchers using the James Webb Space Telescope have found a galaxy that is offering new data about the early stages of the universe’s existence. The latest discovery shared by astronomers is about a bright galaxy dubbed MoM-z14. According to the team, this galaxy existed 280 million years after the Big Bang. The sounds like a long time, but in the …
Read More »Microsoft beats expectations, cloud tops $50B 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 …
Read More »AI security startup Outtake raises $40M from Iconiq, Satya Nadella, Bill Ackman and other big names | TechCrunch
Outtake, which makes an agentic cybersecurity platform to help enterprises detect, investigate and take down identity fraud, has raised a $40 million Series B round of funding. While that might not sound like a lot given the huge sums some AI companies are raising, the names involved in this financing reads like a tech industry who’s who. The round was …
Read More »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 …
Read More »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 …
Read More »Filing: Amazon Fresh and Go closures will eliminate about 400 jobs in Washington state
An Amazon Fresh store in the Seattle region. (GeekWire Photo / Taylor Soper) Amazon will lay off approximately 400 workers in Washington state as part of its decision to close all Amazon Go and Amazon Fresh stores across the country, according to a notice filed with the state Employment Security Department on Wednesday. The layoffs are expected to take effect …
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