Market & Finance
AI financial news, stocks, IPOs, and market trends.
SpaceX and xAI Complete Trillion-Dollar Merger to Launch Orbital AI Infrastructure
In a historic consolidation of Elon Musk’s industrial empire, SpaceX has officially acquired xAI in a deal valuing the combined entity at $1.25 trillion. The merger signals a strategic pivot toward space-based AI computing, aiming to bypass terrestrial energy constraints by launching solar-powered orbital data centers.
AI.com Acquired for Record-Breaking $70 Million to Launch Agentic AI Platform
In a historic deal for digital real estate, the ai.com domain has been sold for $70 million. The purchase by Crypto.com CEO Kris Marszalek marks the highest publicly disclosed domain sale ever, signaling a major shift toward autonomous AI agents.
OpenAI Begins Testing Advertisements in ChatGPT: A New Era for AI Monetization
OpenAI has officially launched its first advertising tests within ChatGPT, targeting adult users in the United States on Free and 'Go' tiers. This strategic shift follows years of resistance to ad-supported models and marks a significant move to offset massive infrastructure costs while aiming for multi-billion dollar revenue targets.