Crypto’s Nasty Downturn Is Getting Worse
The relentless decline in the crypto market is about to hit the six-month mark with no end in sight, prompting companies to cut staff and pivot to businesses such as stock trading and prediction marke...
Chinese Humanoid Maker Agibot Rolls Out 10,000th Mass-Produced Unit
Chinese robot maker Agibot said on Monday that the number of humanoids it has manufactured just reached 10,000, as the Shanghai-based startup accelerates the expansion of its output. The new milestone...
SpaceX’s IPO Challenge
Break out the oxygen masks. The number of breathless headlines is about to soar. SpaceX is expected to file its initial IPO paperwork with the Securities and Exchange Commission any day now. It will b...
Midjourney Revenue Now ‘Significantly’ Above $200 Million
Even as competition has intensified in recent years, Midjourney’s revenue “significantly surpassed” $200 million in 2023, and it has increased since then, said CEO David Holz. The startup is pro...
Washington State Sues Kalshi
Washington state Attorney General Nick Brown sued Kalshi on Friday, accusing the prediction market startup of being an illegal gambling outfit, the latest legal salvo issued against the company. Weeks...
SpaceX Hype Boosts Stocks in Its Crosshairs
Stocks in rocket launch and satellite companies have surged over the past year, as SpaceX’s soaring private valuation and steps toward what could be a record-smashing initial public offering drums u...
Physical Intelligence Said to Discuss $11 Billion Valuation
Robotics startup Physical Intelligence is in talks to raise roughly $1 billion in a round that would value the company at over $11 billion including the investment, according to a Bloomberg report Fri...