Latest
Most popular
OpenAI Burned $3.7 Billion in First Three Months of 2026Exclusive

OpenAI Burned $3.7 Billion in First Three Months of 2026

OpenAI burned through $3.7 billion in the first quarter, more than half its $5.7 billion in revenue, according to documents the company shared with shareholders. Both cash burn and revenue tripled from the same period the previous year, signaling how even with strong AI demand, making money from AI continues to be challenging. The company ended the quarter with more than $73 billion in cash and marketable securities, compared with $40 billion at the end of December, reflecting the company’s...

Microsoft Mulls Using DeepSeek for Copilot Cowork

DeepSeek’s V4 could provide enterprise customers with a cheaper option for powering Microsoft’s AI tool.

Snap Unveils $2,195 AR Glasses

The company hopes the device can compete with other glasses from Meta Platforms and Google.

Robinhood to Cut 10% of Staff

CEO Vlad Tenev said the company’s financial position is strong but needs to be “lean.”

Pentagon Says It Used xAI’s Grok in Iran War as DoJ Fights Data Center Lawsuit

A Grok model is part of a system that "enabled U.S. forces to deploy over 2,000 munitions to 2,000 distinct targets within 96 hours," A Pentagon official said.

Featured Newsletters

Five times/week

The Briefing

Get smarter about the most important stories in tech, media and finance by following Silicon Valley’s most-read executive newsletter.

Two times/week

Dealmaker

Reporters Cory Weinberg and Katie Roof tell you what’s coming next, who’s winning—and who’s losing—in the high-stakes world of startup investing.

View all

Index Startup Ornn Launches Anthropic, OpenAI Token Benchmarks

The announcement comes as the industry searches for more ways to track AI costs.  

SpaceX finalizes $60 billion deal to acquire Cursor

The announcement came as SpaceX stock has soared 43% since its IPO.

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

View all

Anthropic Discusses Possible Accord With Trump Administration

Top company and White House figures met on Monday.

Nvidia Plans $25 Billion Bond Offering

Even as it prints cash, Nvidia is joining its rivals and customers in the AI debt boom.

Salesforce to Acquire Customer AI Agent Fin for $3.6 Billion

A deal could help Salesforce to win new businesses from enterprises to adopt its own AI offering. 

Search our community Directory to engage with others who are serious about tech and business.

Fox to Buy Roku for $22 Billion

The deal gives Roku shareholders an exit at the highest price at which the stock has traded since the 2020-2022 Covid-fueled surge.
Read more