SpaceX is spending more than ever on AI. Its AI business is also bringing in more than Starlink for the first time.
SpaceX's second-ever earnings report revealed it's spending more than ever on AI — and…
Microsoft just shared Azure’s actual revenue in dollars: $33.2 billion
Microsoft has never disclosed Azure's quarterly revenue in dollars. It has typically only shared…
Anthropic will pay xAI $1.25 billion per month for compute
Turns out, compute at that scale isn't cheap. Anthropic will be paying xAI $1.25…
Rupert dreamed it, Lachlan bought it: the strategy behind Fox’s $22 billion Roku acquisition
Rupert Murdoch chased the TV Guide of the Future for years.He spent billions trying…
$6.5 billion Freestone Grove’s top energy investor is leaving the firm
A top energy trader is leaving the $6.5 billion hedge fund Freestone Grove just…
BUA Cement profit jumps 80% to N324.9BN on cost discipline, new markets entry
BUA Cement recorded a net foreign exchange gain of N16.57 billion during the first half…
Warren Buffett is out, and Berkshire Hathaway is spending again
Greg Abel might just be a little looser with the purse strings than Warren…
Meta agrees to settle teen addiction lawsuit for up to $16.7 billion
Some changes are coming for teen users of Meta platforms.The owner of Facebook and…
Harvey hits $15.5B valuation, months after reaching $11B
Harvey, the legal AI startup that VCs can't get enough of, has raised another…
OpenAI reportedly in talks to raise $30B round at $1.4T valuation
OpenAI is in talks with investors to raise at least $30 billion in a…
Venture capitalists are questioning the neolab math
Ben here. Up until recently, it was a great time to be the founder…
AI hyperscalers are expected to finish the year spending a whopping $828 billion on capex
Amazon, Alphabet, Meta, Microsoft, and SpaceX all reported increased capex spending for Q3.There's no…
Google will pay SpaceX $920M per month for compute
But its parent company Alphabet is on a spending spree. Alphabet has already committed…
N139.8bn unaccounted for between 2015, 2023 – Benue govt
A commission of inquiry set up by the Benue State Government to investigate public…
Nigeria flared 5.3 billion cubic metres of gas worth $1.5 billion in 2024 – German Ambassador
German Ambassador to Nigeria, Annett Günther, has disclosed that Nigeria lost an estimated $1.5…
Alleged money laundering: Court reduces Bodejo’s bail to N1 billion
A Federal High Court sitting in Abuja has reduced the N2 billion bail earlier…
