Author: Press Room
Elon Musk has predicted that AI will earn SpaceX more money than its other offerings.On Tuesday, SpaceX posted a 30-minute all-hands recording on X that CEO Elon Musk held with employees, during which he said AI has become an “extremely important part of SpaceX’s future.””Probably our AI revenue — not probably, definitely — our AI revenue will exceed all other SpaceX revenue probably in September, like next month,” Musk said in his speech.”And will significantly exceed all other SpaceX revenue in the fourth quarter,” he said.The executive then shared his ambitions for the training of Grok, SpaceX’s family of large…
Realty Income (O) priced an offering of $875M of 3.75% convertible senior notes due 2031, up from the previously announced $750M offering. The notes are expected to settle on August 14, 2026, subject to customary closing conditions. Realty Income also gave the initial purchasers
At 64, Rosie O’Donnell said she’s reached a place where she feels healthier and more comfortable in her body.”I never felt better. And it’s sad to me that it took me till I was 64 to get here, but part of it is Mounjaro,” O’Donnell said on Tuesday’s episode of the “Good Hang with Amy Poehler” podcast.The actor and talk show host said her doctor first introduced her to the drug three years ago to help manage her diabetes.”Never mentioned weight loss. Never said anything because it was my numbers they were trying to get down,” O’Donnell said.Not long after…
Kids’ meals are in vogue, according to Cava CEO Brett Schulman.The slop bowl chain is seeing an increasing consumer base that he calls “big kids” — adult customers on GLP-1 drugs opting for kids’ portions.In response to a question during a Tuesday earnings call about how weight-loss drugs were changing consumer behaviors, Schulman said Cava’s offerings were already in line with what GLP-1 Consumers want: “GLPs are shifting folks more to our style of eating.””We have seen some of our — we call them big kids — opt into our kids meal a little bit more in recent months from a…
Borr Drilling press release (BORR): Q2 GAAP EPS of -$0.79 misses by $0.67. Revenue of $232.3M (-13.2% Y/Y) misses by $15.29M. Second Quarter Adjusted EBITDA1 of $43.8 million, a decrease of $44.7 million or 51% compared to the first quarter of 2026.
A mysterious new function has been appearing for some users of ChatGPT’s Plus plan.A Reddit user on ChatGPT’s $20 monthly plan posted in the ChatGPT forum on Monday, saying they were presented with a black “pay $8 to reset” button when they logged in and found that their weekly usage quota had been maxed out.The pay-to-reset feature wasn’t formally announced before it was first spotted. The company introduced banked Codex resets for eligible Plus and Pro users in June, including a free reset at launch and resets earned through referrals.According to OpenAI’s Codex, a “full reset” is defined as renewing…
Earnings Call Insights: Lumentum (LITE) Q4 FY2026 Management View CEO Michael E. Hurlston framed the quarter around AI-driven optical connectivity, saying, “Revenue surged 109% year-over-year to $1.01 billion” and that the company posted “our third consecutive quarter of greater than 20% sequential growth.” He highlighted mix and execution asSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is…
Kevin Weil, the former chief product officer of OpenAI, has sought a valuation of at least $750 million for a new AI science startup, in the latest example of AI pushing into science. Weil is aiming to raise $150 million in the round, according to three people with knowledge of the discussions. The details have not been finalized yet and could still change.Weil did not respond to a request for comment.Weil’s fundraising is a broader sign that AI’s next frontier is shifting from chatbots to science. A growing number of OpenAI and Google alums are launching startups that promise to…
Twas the night before Jeff Dean left Google, and he was up at 2 a.m. responding to messages.Dean left the search giant last week to build his own AI startup, Discovery Loop. He was Google’s 30th employee, spending decades climbing the ladder to his final role of chief scientist. So, he had a lot of goodbye chats to respond to.At the KDD Conference in Jeju, South Korea, Dean shared the hourly schedule of his final two days at Google.”For my Google colleagues who might have sent me internal chat messages after I closed my laptop for a final time on…
Earnings Call Insights: Super Micro Computer, Inc. (SMCI) Q4 fiscal 2026 Management view “Fiscal year 2026 was a historic milestone for Super Micro as we nearly doubled our revenue year-over-year, growing from $22 billion last year to $39 billion fiscal year ’26.” (Founder, Chairman of theSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational…