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May 21, 2026, 1:30 AM
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| Bloomberg: |
SpaceX files publicly for its IPO, choosing Nasdaq to make its debut under the symbol SPCX; Elon Musk's shares give him 85.1% of the voting power in the company — SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses …
More: US SEC, CNBC, The Verge, The Register, Reuters, RTÉ, DigiTimes, TechCrunch, Financial Times, New York Post, Yahoo Finance, Constellation Research, SpaceNews, Business Insider, PitchBook, San Francisco Chronicle, The Business Times, Barron's Online, Dallas Morning News, CNN, Ars Technica, CoinGape, NewsMax.com, CNET, Watcher Guru, Via Satellite, Inc.com, Decrypt, Crypto Briefing, and Wall Street Journal
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Forums: Hacker News, r/RealTesla, and r/wallstreetbets
| Ina Fried / Axios: |
SpaceX S-1: Anthropic is paying SpaceX $1.25B/mo. until May 2029 under their compute deal; Anthropic says it's expanding the deal to include Colossus 2 capacity — Anthropic is paying SpaceX $1.25 billion per month through May 2029 as part of the massive compute deal the companies signed earlier this month.
More: Wired, Benzinga, Reuters, Australian Financial Review, Crypto Briefing, Bloomberg, Business Insider, and The Information
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Forums: r/ClaudeAI, r/wallstreetbets, r/singularity, r/technology, r/SpaceXMasterrace, and r/Anthropic
| New York Times: |
Filing: SpaceX reports 2025 revenue of $18.7B, up 33% YoY, a $4.9B loss, vs. a $791M profit in 2024, and $20.7B in capital expenditures, up from $11.2B — Mr. Musk's rocket and satellite maker disclosed its financial performance as it prepares to go public in what is set to be one of the largest offerings to date.| Rebecca Bellan / TechCrunch: |
SpaceX S-1: xAI had a $6.4B operating loss on $3.2B in revenue in 2025; Grok and X had 550M MAUs combined as of March 2026, and 117M used Grok's AI features — Elon Musk's xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX's IPO filings.
More: Austin Business Journal, Digit, and PitchBook
| Nvidia Newsroom: |
Nvidia reports Q1 revenue up 85% YoY to $81.62B, vs. $78.86B est., Data Center revenue up 92% to $75.2B, and announces an $80B share repurchase program — - Record revenue of $81.6 billion, up 85% from a year ago — Record Data Center revenue of $75.2 billion, up 92% from a year ago
More: Financial Times, Livemint, SiliconANGLE, DigiTimes, Forbes Middle East, Blockonomi, CoinDesk, Coinpaper, Anadolu Ajansı …, Crypto Briefing, Yahoo Finance, Bloomberg, and The Guardian
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LinkedIn: Emil Protalinski and Brian Sparks
| Wall Street Journal: |
Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday; the company plans to be ready to go public as early as September — The artificial-intelligence giant is working with bankers at Goldman Sachs and Morgan Stanley — ChatGPT-maker OpenAI has been working …
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Forums: Hacker News, r/wallstreetbets, r/indotech, r/BetterOffline, and r/technology
| OpenAI: |
OpenAI says an internal general-purpose reasoning model has disproved the Erdős unit distance conjecture, a central problem in discrete geometry posed in 1946 — For nearly 80 years, mathematicians have studied a deceptively simple question: if you place nnn points in the plane …
More: Digit, Crypto Briefing, and TechCrunch
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LinkedIn: Olga Holtz and Rishikesh Gajjala
Bluesky: @geomblog, @wtgowers, @gro-tsen, and @timkellogg.me
| Berber Jin / Wall Street Journal: |
In disclosures to investors, Anthropic says it expects to generate $10.9B in revenue in Q2, vs. $4.8B in Q1, and turn a $559M operating profit, its first ever — The startup expects a 130% revenue surge to $10.9 billion in the June quarter and its first operating profit, defying skeptics of the AI boom
More: The Information, Financial Times, PYMNTS, CNBC, Bloomberg, TechCrunch, and Crypto Briefing
X: @dkthomp, @pitdesi, @reedalbergotti, and @ryxcommar
Forums: r/Economics, r/aiwars, r/singularity, r/BetterOffline, r/technology, r/Anthropic, and r/accelerate
| Carl Franzen / VentureBeat: |
Cohere releases Command A+, a sparse MoE open model built for agentic tasks, with 218B total and 25B active parameters, its first under the Apache 2.0 license — Canadian AI lab Cohere made waves recently by announcing a merger with German AI startup Aleph Alpha, but now it has even more in store …
More: Cohere and Cohere Labs on Hugging Face
| The Guardian: |
Granta and the Commonwealth Foundation say they can't determine yet if AI was used to write a prize-winning short story after critics pointed to signs of AI use — Granta publisher says ‘perhaps we never will know’ true authorship of work that won Commonwealth prize
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Forums: r/TrinidadandTobago and r/RSbookclub
| Katie Paul / Reuters: |
Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs this year — Meta (META.O) CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters.
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Threads: @zen.daddy and @binhonglee
| Tom Warren / The Verge: |
Internal memo: Xbox hires game industry analyst Matthew Ball as chief strategy officer, and names Scott Van Vliet, who led Azure AI infrastructure, as Xbox CTO — The second major Xbox leadership changes this month. … Microsoft has recruited game industry analyst Matthew Ball as Xbox chief strategy officer.
More: The Game Business, GamesIndustry.biz, Windows Central, Neowin, and Kotaku
| Anu Adegbola / Search Engine Land: |
Google says it is testing new ad formats in search results and AI Mode, including Conversational Discovery ads, Highlighted Answers, and AI-powered Shopping ads — Google is introducing a new generation of Gemini-powered ad formats across AI Mode and Search designed to make ads feel more conversational …
More: The Verge, Livemint, Engadget, Google, Wall Street Journal, PCMag, BMI, Digiday, Forbes, Gizmodo, Mumbrella, Bangkok Post, and Search Engine Journal. X: @glenngabe
| Jacob Passy / Wall Street Journal: |
Airbnb says it is adding luggage storage, airport pickups, car rentals, grocery delivery, and thousands of boutique and independent hotels to its platform — Platform ramps up hotel-booking options, car rentals and AI-enabled features, expecting World Cup to drive record use| Reuters: |
Internal memo: Intuit is laying off ~17% of its workforce, or ~3,000 employees worldwide, to streamline operations and sharpen its focus on key bets, like AI — Intuit (INTU.O) is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus …
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X: @mikeisaac, @zephyr_z9, and @wideofthepost. LinkedIn: Lisa Widup. Mastodon: @Viss@mastodon.social. Forums: r/economy
| Lee Ying Shan / CNBC: |
Jensen Huang said that Nvidia has “largely conceded” China's AI chip market to Huawei and should “expect nothing” regarding chip sale approvals to China — Nvidia CEO Jensen Huang said the company has “largely conceded” China's artificial intelligence chip market to Huawei …
More: Benzinga, Crypto Briefing, and South China Morning Post
| Politico: |
Sources: the Pentagon is launching a task force to study how to safely deploy leading AI tools with hacking capabilities across Cyber Command and NSA missions — These people, like others in this report, were granted anonymity because they were not authorized to speak publicly about the sensitive effort.| Reuters: |
Samsung Electronics and its South Korean labor union reach a preliminary pay deal; the union says it has suspended a general strike and put the deal to a vote — Samsung Electronics (005930.KS) and its South Korean labour union reached a preliminary pay deal on Wednesday … | Paige Minemyer / Fierce Healthcare: |
Commure, which offers AI, revenue cycle management, and workflow automation tools for healthcare providers, raised $70M led by GC at a $7B post-money valuation — Commure investment Artificial Intelligence General Catalyst — Healthcare AI company Commure has banked $70 million in fresh funding, reaching a $7 billion valuation.
More: Commure, Reuters, Sourcery, PYMNTS, HIT Consultant, FinSMEs, Ventureburn, Modern Healthcare, and MobiHealthNews
| Byron Kaye / Reuters: |
X resolved a three-year dispute with Australia's eSafety regulator after a court upheld a fine against the company for inadequate disclosures on combating CSAM — An Australian court upheld a regulator's fine against Elon Musk's social media company X Corp after it admitted violating the law … | Devindra Hardawar / Engadget: |
AMD says its Mac Mini-sized Ryzen AI Halo PC starts at $3,999 with Ryzen AI Max 300 chips, for pre-order in June, and unveils AI Max 400 chips, available in Q3 — They're direct shots at NVIDIA's AI systems — AMD's big pitch for 2026 seems to be: “Who needs cloud AI processing when you can do it all locally?”
More: How-To Geek, Tom's Hardware, XDA Developers, Gizmodo, GamesBeat, Neowin, Tech Times, ServeTheHome, and Liliputing
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