Tesla’s Q1 2026 sales increased by 6%, but the company produced 50,000 more vehicles than it could sell, highlighting a significant overproduction problem and continuing concerns about slowing long-term growth.
Jasmine·
SpaceX has confidentially filed for an IPO, targeting a valuation of $1.75 trillion. This move, leveraging the JOBS Act, highlights the massive growth and commercial maturity of the space industry.
Jasmine·
SpaceX has initiated its IPO process with a target valuation of $1.75 trillion, marking a significant milestone for the space economy while facing heightened SEC scrutiny and transparency requirements.
Jasmine·
SpaceX has confidentially filed for an IPO, targeting a valuation of $1.75 trillion with a consortium of 21 banks. The transition to public markets will enforce new financial transparency for the aerospace giant.
Jasmine·
SpaceX has confidentially filed for an IPO under the internal project name 'Project Apex.' With 21 banks involved and a potential valuation of $1.75 trillion, it is poised to become the largest IPO in history.
Jasmine·
Enterprise tech leader Oracle has reportedly implemented a significant round of layoffs, cutting thousands of jobs as part of a strategic shift toward cloud and AI-driven growth.
Jasmine·
Tech giant Oracle has announced significant job cuts, likely affecting thousands of employees, as part of a strategic corporate reorganization to improve efficiency.
Jasmine·
OpenAI has secured $3 billion from retail investors, reaching a pre-IPO valuation of $852 billion, supported by institutional giants like Amazon and Nvidia, while navigating significant SEC regulatory scrutiny.
Jasmine·
Whoop has raised $575 million in Series G funding, pushing its valuation to $10 billion with backing from sports icons like LeBron James.
Jasmine·
Investment in AI infrastructure intensifies as Rebellions raises $400 million for inference chips and ScaleOps secures $130 million to optimize cloud computing efficiency.
Jasmine·
Social gaming platform Rec Room will shut down on June 1st after failing to achieve long-term financial sustainability, despite reaching 150 million users and a $3.5 billion valuation.
Jasmine·
Rec Room, a virtual social platform with 150 million users and a previous $3.5 billion valuation, is shutting down on June 1st due to persistent monetization failures.
Jasmine·
Mainland Chinese tech firms are using Hong Kong as a strategic gateway for international expansion, leveraging its legal and market environment to test products, scale globally, and access international capital.
Jasmine·
Sony has suspended orders for major memory card lines due to global supply constraints, highlighting ongoing bottlenecks in the semiconductor and NAND Flash industries that threaten to disrupt professional imaging workflows.
Jasmine·
Physical Intelligence is reportedly seeking a $1 billion funding round, potentially doubling its valuation to $11.2 billion, reflecting significant investor interest in embodied AI robotics.
Jasmine·
Physical Intelligence is in talks for a $1 billion funding round that would double its valuation to $11 billion, underscoring intense investor appetite for AI-driven physical robotics.
Jasmine·
Robotics AI startup Physical Intelligence is in talks to raise another $1 billion, doubling its valuation to over $11 billion in just four months, reflecting high demand for Embodied AI.
Jasmine·
Defense AI startup Shield AI has reached a $12.7 billion valuation after securing a significant contract with the U.S. Air Force to provide software for its new fighter jet, Fury.
Jasmine·
Defense tech startup Shield AI has reached a $12.7 billion valuation, a 140% increase over the previous year, following a key contract with the U.S. Air Force to provide software for Anduril’s Fury fighter jet.
Jasmine·
Defense startup Shield AI has reached a $12.7 billion valuation following a major software contract with the U.S. Air Force for the Fury fighter jet. The 140% valuation jump highlights the growing role of AI in military hardware.
Jasmine·
Meta is laying off hundreds of employees across various departments, including Reality Labs, to redirect billions of dollars toward AI infrastructure and development. The move reflects a broader strategic shift to prioritize AI leadership over previous operational priorities.
Jasmine·
Uber is partnering with Verne and Pony AI to launch Europe's first commercial robotaxi service in Zagreb, Croatia. The project faces stringent EU regulatory requirements, serving as a critical pilot for future autonomous mobility deployment in Europe.
Jasmine·
Meta is laying off hundreds of employees across sales, recruiting, and Reality Labs, reallocating resources to prioritize its aggressive push into AI development.
Jasmine·
NASA is abandoning its lunar space station to prioritize a $20 billion permanent Moon base, aiming to establish an enduring human presence on the lunar surface while advancing technology for future Mars missions.
Jasmine·
Epic Games is laying off 1,000 staff, citing a decline in Fortnite engagement, and has raised V-Bucks prices to help stabilize finances.
Jasmine·
Startup Delve has halted product demonstrations following whistleblower allegations of fabricated audit evidence, leading prominent investor Insight Partners to retract their investment endorsement.
Jasmine·
Grab has announced a $600 million deal to acquire Foodpanda Taiwan, a major expansion beyond Southeast Asia that will face intense antitrust scrutiny from Taiwan's regulators.
Jasmine·
Grab has announced the acquisition of Delivery Hero’s Foodpanda operations in Taiwan for $600 million. This move is set to reshape the Taiwanese delivery market, triggering significant antitrust scrutiny.
Jasmine·
Grab has agreed to acquire Foodpanda's Taiwan operations for $600 million, a move that shakes up the local delivery market and sets the stage for intensive regulatory review.
Jasmine·
Gimlet Labs has raised $80 million to scale its hardware-agnostic AI inference platform, designed to allow models to run across diverse chips including NVIDIA, AMD, and Intel.
Jasmine·
Grab has officially announced its $600 million acquisition of Foodpanda's Taiwan operations, signaling an intense new era of competition in the market while awaiting rigorous regulatory scrutiny.
Jasmine·
Amazon’s 'Big Spring Sale' runs March 25-31, offering seasonal discounts with a focus on consumer electronics, including early deals on audio gear like Sonos speakers.
Jasmine·
A jury has found Elon Musk liable for securities fraud related to his Twitter acquisition tweets. The decision could lead to multi-billion dollar damages and sets a new precedent for executive social media accountability.
Jasmine·
A jury has found Elon Musk liable for securities fraud, ruling that his misleading tweets about bot counts during the Twitter acquisition were calculated efforts to renege on the deal, resulting in significant investor losses.
Jasmine·
Blue Origin has announced 'Project Sunrise,' a plan to deploy a 50,000-satellite megaconstellation designed for orbital high-energy computing and data storage. This ambitious project aims to complement terrestrial cloud infrastructure by leveraging the resilience and solar resources of space. Supported by recent scientific research into orbital RAID architectures, the move signals a shift in the space race toward 'orbital compute sovereignty' and presents new challenges for space traffic regulation and international data laws.
Jasmine·
In March 2026, Amazon acquired Rivr, a startup specializing in stair-climbing delivery robots, targeting the final hurdles of urban logistics. Concurrently, a humanoid robot malfunction at a California restaurant highlighted the ongoing challenges of Embodied AI in public spaces. Meanwhile, DoorDash is leveraging its courier network to gather physical interaction data via its new 'Tasks' app, signaling a broader industry push to bring AI into the physical world.
Jasmine·
Jeff Bezos is reportedly pursuing a $100 billion fund to modernize manufacturing with AI, while Amazon has acquired Rivr, a developer of stair-climbing delivery robots. These moves signal a massive strategic push to integrate AI into physical-world applications and legacy industrial sectors.
Jasmine·
Mistral AI has launched 'Forge,' an enterprise platform enabling organizations to train custom AI models from scratch using proprietary data. This move challenges cloud giants by offering true model sovereignty and privacy.
Jasmine·
Defense AI news peaked this week as Gecko Robotics secured the U.S. Navy's largest robotics contract for fleet maintenance, using digital twins to boost readiness. Meanwhile, Senator Elizabeth Warren questioned the Pentagon's decision to grant xAI access to classified networks due to security concerns. Additionally, OpenAI has shifted its policy to allow military use in classified environments.
Jasmine·
The defense and cybersecurity landscapes are being reshaped by two massive deals: Anduril’s $20 billion enterprise contract with the US Army and Google’s $32 billion acquisition of cloud security firm Wiz. While Anduril represents a shift toward software-first defense, Google’s record-breaking deal aims to dominate cloud security. Both are facing intense regulatory scrutiny under FAR and HSR Act antitrust reviews.
Jasmine·
Google and Accel India's recent findings reveal that 70% of AI startup pitches are mere 'wrappers,' leading to a significant pivot toward funding deep tech innovation. This trend is mirrored in the enterprise sector, where AI projects are failing due to strategic and cultural gaps. The industry is moving away from speculative hype toward a more rational focus on proprietary technology and substantive business impact.
Jasmine·
Meta is reportedly preparing to lay off 20% of its workforce, or roughly 15,800 positions, to offset the soaring costs of AI infrastructure and data centers. This strategic shift highlights a pivot from social media dominance to AI-focused hardware competition, though it raises concerns about long-term morale and talent retention.
Jasmine·
Elon Musk's xAI is reportedly in the midst of a morale crisis as frequent strategic shifts and project reboots frustrate staff. Employees claim that Musk's habit of scrapping work to "start over" has led to exhaustion and a lack of direction. The recent hire of Cursor executives to revamp AI coding tools has further alienated original team members, highlighting the risks of Musk's high-pressure management style in the AI race.
Jasmine·
Meta is reportedly preparing to lay off up to 20% of its workforce, roughly 15,800 positions, to fund its massive shift toward generative AI infrastructure. The move aims to offset multibillion-dollar spending on GPUs and data centers, highlighting the extreme financial pressure even tech giants face in the AI race.
Jasmine·
Defense tech startup Anduril has secured a landmark $20 billion contract with the US Army, consolidating 120 separate procurement actions into one enterprise deal. This move signals a shift toward software-first defense solutions over traditional hardware. While Anduril's Lattice AI platform will power next-gen automated defense, the contract has reignited debates over autonomous weaponry and fueled a VC surge into the defense sector.
Jasmine·
Elon Musk’s xAI is facing a morale crisis as staff complain about constant upheaval and strategic resets. The company has decided to restart its AI coding tool project from scratch after poaching top executives from rival firm Cursor to lead the revamp.
Jasmine·
Former AMD executive Peter Sarlin has launched QuTwo, a startup dedicated to preparing enterprise infrastructure for the quantum computing era. QuTwo provides middleware that allows businesses to run quantum-inspired algorithms on current GPU clusters. This move comes as researchers make strides in neutral-atom quantum architectures, shifting the focus from lab experiments to enterprise-grade engineering.
Jasmine·
The EV industry is undergoing a massive correction: Honda has scrapped its US production plans due to heavy losses and regulatory shifts, while luxury players Lucid and Rivian are pivoting toward the midsize SUV market. Lucid is targeting sub-$50,000 pricing and robotaxis, but Rivian’s base R2 model faces delays until late 2027, highlighting the sector's ongoing struggle with cost and scale.
Jasmine·
Rivian has delayed the delivery of its $45,000 base R2 model until late 2027 due to pricing and cost challenges. Simultaneously, Honda canceled three US-made EV models amid financial losses, while Lucid announced a pivot toward a more profitable midsize SUV platform and a robotaxi concept.
Jasmine·
The first quarter of 2026 has seen a massive resurgence in startup valuations, with nearly 40 new unicorns minted globally. Replit's valuation surged to $9 billion in just six months, while e-commerce giant Quince reached a $10 billion valuation. Driven by AI-enabled productivity, this boom is supported by the return of VC mega-funds and a new trend of "AI for Science." Small, efficient teams like Lovable are demonstrating unprecedented revenue scaling, signaling a new era for technology platforms.
Jasmine·
WhatsApp has launched parent-linked accounts for children under 13, featuring contact approval and communication blackout controls. Designed to comply with US COPPA and EU GDPR regulations, the product promises to isolate children's data from advertising systems. While providing a safer communication alternative for pre-teens, the move has reignited debates over early social media dependency and the psychological impact of digital parental surveillance.
Jasmine·
Google has finalized its historic $32 billion all-cash acquisition of cybersecurity firm Wiz, marking the largest deal in the tech giant's history. The move is designed to bolster Google Cloud's security infrastructure against rivals like Microsoft and AWS. While the deal is closed, it remains under the microscope of U.S. and EU antitrust regulators focused on ecosystem dominance. This acquisition signals a strategic pivot toward 'native security' in cloud computing and is expected to revitalize the cybersecurity M&A market.
Jasmine·
Anduril has acquired ExoAnalytic Solutions to bolster its space surveillance capabilities and support its 'Golden Dome' defense system. This occurs amidst a technical dispute between NASA and SpaceX over manual controls for lunar landers. The acquisition faces significant antitrust and ITAR regulatory oversight.
Jasmine·
Turing Prize winner Yann LeCun’s new startup, AMI Labs, has raised $1.03 billion to develop 'World Models' that understand the laws of physics. With strategic backing from Nvidia and a focus on the Joint-Embedding Predictive Architecture (JEPA), LeCun aims to move beyond the limitations of text-only AI toward human-level physical reasoning.
Jasmine·
Turing Award winner Yann LeCun has raised $1 billion for his new startup, AMI, focusing on 'World Models' that understand the physical laws of the universe rather than just language. This signals a strategic shift in AI research, as LeCun aims to overcome the limitations of LLMs by building systems that learn through observation and physical interaction, targeting a new era of robust, common-sense AI.
Jasmine·
The 2027 Chevrolet Bolt was officially unveiled on March 9, 2026, marking a revival of the affordable EV nameplate with new LFP battery technology. As luxury brands like Lamborghini pull back on full-EV plans, the Bolt's return signals a major industry pivot toward mass-market affordability and practical electric mobility.
Jasmine·
The AI boom is driving a surge in physical infrastructure, leading developers to use remote 'man camps' for data center construction workers. Simultaneously, the venture capital industry is facing disruption as AI agents begin to automate investment decisions traditionally based on human intuition. These shifts mark AI's transition into a heavy industrial and automated financial force.
Jasmine·
Oculus founder Palmer Luckey’s retro gaming startup, ModRetro, has reached a $1 billion valuation. Its flagship 'Chromatic' handheld offers premium hardware compatibility for original Game Boy cartridges, signaling a massive shift toward luxury retro gaming and the enduring value of physical media in a digital-first world.
Jasmine·
Alphabet has awarded CEO Sundar Pichai a record $692 million compensation package, with key performance metrics tied to the commercial success of Waymo and Wing. This move signals a strategic shift toward robotics and logistics, though the package size has sparked debate amidst recent company-wide cost-cutting measures.
Jasmine·
AI application Cursor has reached a $2 billion revenue milestone, demonstrating strong commercial viability. Simultaneously, Alibaba released the Qwen3.5 series, featuring a 9B model that beats OpenAI's larger models in reasoning while running on standard laptops, signaling the era of localized AI.
Jasmine·
Warner Bros. Discovery and Paramount have agreed to a historic $111 billion merger, uniting HBO, CBS, and massive IP libraries. Netflix, the previous frontrunner, withdrew from the deal following reported 'advice' from President Trump, raising questions about political interference.
Jasmine·
Paramount is set to acquire Warner Bros. Discovery for $111 billion, creating a media behemoth under the control of the Ellison family. The deal, which saw Netflix withdraw after alleged political influence, now faces significant antitrust scrutiny from the Department of Justice.
Jasmine·
Jack Dorsey's Block is cutting 4,000+ jobs (40% of its workforce) to pivot toward AI-driven automation. CEO Dorsey claims the move is a strategic shift to efficiency, predicting other firms will soon follow suit.
Jasmine·
Paramount wins the bidding war for Warner Bros. Discovery as Netflix withdraws. The $83B deal unites HBO, CNN, and Warner Bros. under David Ellison’s Paramount, creating a massive new media power center.
Jasmine·
Microsoft has announced a massive leadership shakeup at Xbox, with Phil Spencer and Sarah Bond departing. The appointment of AI executive Asha Sharma marks a fundamental shift toward an AI-driven gaming strategy, signaling the end of the traditional hardware expansion era.
Jasmine·
Meta is shifting Horizon Worlds to a mobile-first strategy and decoupling it from Quest VR hardware, a major pivot to attract more users via smartphones.
Jasmine·