SpaceX falls to $135 IPO price ahead of Starship launch
The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.
The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.
Livestream shopping platform Whatnot has acquired AI startup Shaped, a machine learning company focused on real-time recommendations and search. The deal will bolster Whatnot’s personalization and discovery features as it expands into new product categories.
The deal, which was rumored to be in the works last year, marks an important step for Apple's AI ambitions in a key market.
The startup has reached a $120 million annualized revenue run rate and more than 200,000 paying customers.

Gidi Littwin’s new AI startup, Hemispheric, makes diagnostic brain scans for conditions like depression, PTSD, and Parkinson’s. He wants the technology to be as cheap and easy as for a blood test.
If you’ve been waiting to try Apple’s revamped Siri without installing a developer beta, you now can. The company on Tuesday released the iOS 27 public beta, giving iPhone owners early access to its AI-powered assistant and other new features before the software’s official launch this fall.
Reflection AI has signed a $1 billion deal to access Nebius' compute. Reflection was founded in 2024 and is developing open source AI technology.
With the cash, the company aims to expand its world model offering and reach customers across geographies.
iOS 27 escaped the developer world today with the launch of the first public beta. I've been testing the new operating system since early June, looking for quirks and seeing if it can live up to the hype Apple promised in the keynote. This year's iOS upgrades are what one might call a Snow Leopard...
A solar and home energy storage company is expanding into AI data centers, but not by building one - instead, it's offering to pay its customers to put its compute units in their homes. Sunrun is launching a pilot program for a new "distributed AI compute" program that will "place numerous compute...
Lyzr, a startup that builds AI agents for enterprises, used its own AI agent to raise a $100 million round — proof, evidently, that the product actually works.
The company is using the cash to open an office in the Bay Area and compete for talent there, "strengthening its position at the heart of the world's leading AI ecosystem."
Nilekani remains Fundamentum's anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.

Lionel Messi and Cristiano Ronaldo are betting on AI, health tech, and startups. Mohamed Salah is taking a more traditional route beyond football.
Founded in 2024, Prime Intellect’s goal is to give organizations capabilities to train their own agentic systems without relying on frontier AI labs.
There are a lot of fast-growing AI startups, but some are growing even faster, they say.
ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has now released ZML/LLMD, software that could make running AI less costly.
Meta is launching the first AI image generation model made by its Superintelligence Labs division. The Muse Image model now powers the image-making tools across the Meta AI app, Instagram, and WhatsApp, and it's coming soon to Facebook and Messenger, according to an announcement on Tuesday. It's...
The company just raised $7 million in seed funding, and is launching its app for iPhone and Android on Tuesday.
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The lab will beam back data to train AI models to predict how proteins behind age-related diseases like Alzheimer’s and certain cancers behave.