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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...

Inside JPMorgan's Tech100: Bezos, Amodei and the Billionaire Who Wasn't There
Welcome, Weekenders! In this newsletter:• The Big Read: Midjourney’s David Holz was AI’s creative rebel. Then Google pounced. • Plus, Recommendations—our weekly pop culture picks: “Catchi...

The ‘For All Mankind’ Showrunners Think They Know What Silicon Valley Likes
Over five seasons, the fictional human beings in “For All Mankind,” Apple TV’s alt-history space race drama, have accomplished any number of feats: They’ve landed on the moon. And on Mars. The...

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...

Google Reportedly in Talks to Finance Multibillion-dollar Data Center for Anthropic
Google is in talks to help finance a multibillion-dollar data center in Texas leased to Anthropic, the Financial Times reported. The deal could involve Google offering construction loans for Nexus Dat...

Microsoft Leases Texas Data Center Site After Oracle and OpenAI Walked Away
Microsoft will lease a 900-megawatt data center site in Abilene, Texas, the company confirmed on Friday. The site, developed by data center startup Crusoe, was originally intended for Oracle, which oc...

Midjourney Is Profitable and Chasing Hardware Dreams. But Can It Survive Google?
Over much of the past year, David Holz, the 37-year-old founder of Midjourney, has devoted himself to a single task: reassuring fans of his AI image-making tool that a new, significant update—versio...

Tencent Bets on OpenClaw to Make Up for Lost Ground in China AI Battle
Shortly after OpenClaw shot to popularity in January, a newly hired product manager at Tencent in China became obsessed with the open-source software for building AI agents. That manager, Shuyu Zhang,...