Updated 1 minute ago
Nov 11, 2026
Anthropic IPO Targets $1.4 Trillion Valuation, $64 Billion Raise
Anthropic set a $70 to $78 share price range for its IPO, valuing the Claude maker at roughly $1.4 trillion on a fully diluted basis. The offering could raise up to $64 billion, with Amazon and Google holding the biggest paper gains. Trading is expected to start November 19 under the ticker ANT.
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Nov 9, 2026
OpenAI Acquires Pierre to Build End-to-End Dev Platform in Codex
OpenAI is acquiring Pierre Computer Company, maker of Code Storage and open-source Git tools Trees and Diffs, to transform Codex from an AI coding assistant into a full-spectrum development platform. The deal brings Pierre's source control, code review, and project organization tools into Codex, building on OpenAI's recently launched Pando Git backend.
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Nov 9, 2026
Tesla to End Cybertruck Production in 2027, Pivots Factory to Cybercab
Tesla will stop making the Cybertruck by mid-2027 after sales collapsed 48% year-over-year to just 20,237 units in 2025. The Gigafactory Texas line will be retooled for Cybercab robotaxis, marking the third vehicle Tesla has killed to pursue its AI and robotics pivot.
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Jun 17, 2026
SpaceX Acquires Cursor for $60 Billion in First Post-IPO Power Move
SpaceX is buying AI coding startup Cursor for $60 billion in an all-stock deal, its first major acquisition since going public. The deal gives Elon Musk's company access to Cursor's 1 million-plus developers and a foothold in the fast-growing AI coding tools market.
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Jun 16, 2026
Judge Dismisses xAI Trade Secret Lawsuit Against OpenAI With Prejudice
A federal judge dismissed xAI's trade secret lawsuit against OpenAI with prejudice, ruling it would be 'futile' for Elon Musk's company to continue. The dismissal marks Musk's second court defeat against OpenAI in four weeks and ends a case that alleged OpenAI sought Grok 4 trade secrets during recruiting.
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