Waymo has introduced a new subscription tier called Waymo Premier, priced at $29.99 per month, targeting frequent users in San Francisco, Los Angeles, and Phoenix. The invite-only plan offers benefits like prioritized ride matching, up to five free cancellations monthly, and 10% loyalty credits back on trips. This move aims to boost revenue as Waymo expands its robotaxi service to more U.S. cities and London later this year, competing with rivals like Amazon Zoox and Tesla. Despite widening losses, Waymo recently raised $16 billion in funding, valuing the company at $126 billion, supporting its growth ambitions.
SpaceX's IPO, the largest ever, has drawn significant investor attention with a $1.78 trillion valuation and $47.8 billion in revenue from multiple fast-growing segments including Starlink broadband, launch services, and AI compute infrastructure. Op...
In 2026, five major tech companies—Alphabet, Amazon, Meta, Microsoft, and Oracle—have issued $159 billion in bonds, surpassing their total debt from 2020-2024. This surge funds massive investments in AI infrastructure like data centers and advanced p...
SpaceX is set to launch its IPO tomorrow, expected to be four times oversubscribed at a $1.77 trillion valuation. The company is positioning itself not just as a rocket and satellite firm but as a pioneer in space-based AI infrastructure, with ambiti...
San Francisco voters defeated Measure D, a proposal to increase taxes on large companies with highly paid executives by expanding the CEO pay ratio tax. The measure, which needed a simple majority, failed with 53.64% voting against it. Supporters arg...
Palantir Technologies' shares fell slightly in a mixed market environment, with the stock trading below key moving averages signaling bearish sentiment. CEO Alex Karp criticized companies for 'token maxing'—using AI superficially rather than for mean...
