OKX is rolling out perpetual futures contracts tied to OpenAI, SpaceX, and Anthropic — giving crypto traders leveraged exposure to three of the world's most valuable private companies before any public listing. Here's why the move redraws the line between crypto derivatives and traditional pre-IP...
SpaceX is reportedly weighing an investment of up to $119B in a vertically integrated semiconductor facility dubbed 'Terafab' in Texas — a move that would rank among the largest single chip-manufacturing bets in US history and signal Elon Musk's push toward full-stack AI hardware independence.
SpaceX and xAI will supply compute infrastructure for Anthropic's Claude models in an unexpected cross-industry alliance — signaling that the race for AI capacity is now forcing rivals to set aside competitive tensions and share the hardware stack that determines who wins the intelligence era.
Anthropic has signed SpaceX to supply the full compute capacity of the Colossus 1 data center — a deal that lands weeks before Anthropic's expected June IPO and signals the AI lab is racing to lock in infrastructure muscle before public markets weigh in on its $61.5B valuation.
PayPal CEO Alex Chriss told Q1 2026 investors the company is accelerating AI adoption as the primary driver of a $1.5B+ gross cost-savings program over 2-3 years, alongside a structural shift to three business units and a 20% workforce reduction. The company is moving to cloud-native architecture...
Altara raised $7 million in a seed round led by Greylock to build AI agents for physical sciences R&D — semiconductors, batteries, and advanced materials. The company's agents condense weeks of manual data triaging into minutes, targeting failure analysis and experimental design at facilities whe...
IREN Limited (NASDAQ: IREN) is acquiring Mirantis, the Kubernetes-native cloud infrastructure firm with 1,500+ enterprise customers and NVIDIA AI Cloud Ready ISV status, in a $625 million all-stock deal — completing its transformation from Bitcoin miner to full-stack AI cloud platform.
Bullish, the NYSE-listed institutional crypto exchange led by former NYSE President Thomas Farley, will acquire transfer agent Equiniti from Siris Capital in a $4.2 billion deal ($1.85B assumed debt + $2.35B Bullish stock). Equiniti processes $500 billion annually and manages 20M+ verified shareh...
SAP announced it will acquire Prior Labs, the 18-month-old Freiburg-based pioneer of Tabular Foundation Models, with over €1 billion committed over four years — the largest European AI research acquisition of 2026. Prior Labs' TabPFN model, published in Nature, sets the state of the art on struct...
K Wave Media redirected its $485M Anson Funds commitment from a Bitcoin treasury strategy toward AI infrastructure — data centers, compute, and critical AI technologies. The company also plans to divest its K-Pop subsidiary and rebrand to 'Talivar Technologies.' Stock fell 25%.
Payward, Kraken's parent company, closed its $550M acquisition of Bitnomial, giving it all three CFTC licenses needed to operate a full-stack US crypto derivatives business: Futures Commission Merchant, Designated Contract Market, and Derivatives Clearing Organisation.
AI chip maker Cerebras filed to sell 28 million shares at $115–$125, targeting a $26.6B valuation and $3.5B raise on Nasdaq. OpenAI holds warrants for 33M+ shares via a $1B loan; Sam Altman, Greg Brockman, and Ilya Sutskever are listed as angel investors.