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🤖 Anthropic hits $1 trillion valuation

Anthropic shares reached a $1 trillion valuation on the secondary market, surpassing OpenAI's $880 billion, per Forge Global.

The rise follows the Mythos deal and Pentagon tensions, boosting demand for Anthropic stock.

Its value jumped from $380 billion in February to $1 trillion, showing strong investor interest.

✔️@venture
⚖️ Musk vs OpenAI trial begin

Elon Musk is suing OpenAI, Sam Altman, and Greg Brockman in Oakland, claiming OpenAI broke its nonprofit mission by becoming a commercial company valued at $800 billion.

Musk says he donated $38 million to a nonprofit, but the funds built a commercial entity.

Musk admitted he barely read a 2018 document on OpenAI’s structure and once called its nonprofit status a “possible mistake.”

He also tried to merge OpenAI with Tesla before cutting funding and recruiting AI talent away.

The trial continues, with Brockman expected to testify next.

✔️ @venture
⚖️ Musk’s xAI $97B OpenAI Bid Sparks Court Drama

Elon Musk’s financial manager Jared Birchall testified about a $97.4 billion bid by xAI to buy OpenAI’s nonprofit assets. The bid aimed to set a market price ahead of OpenAI’s planned IPO. Birchall claimed Sam Altman conflicted by leading both OpenAI’s commercial side and influencing asset valuation.

The court had blocked this deal’s documents before the trial, but Musk’s lawyers reopened the issue. The judge pressed Birchall, who couldn’t recall key details or Musk’s involvement. The judge noted Birchall’s shaky testimony and questioned the lawyers about who leaked the bid note.

The case may now explore possible anti-competitive behavior by Musk. The trial is ongoing.

✔️ @venture
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🚀 Musk pitched $15M astronaut flights as NASA paid Russia $70M per seat

In 2008, Elon Musk said NASA would pay Russia over $70M per astronaut after the Shuttle retirement, while SpaceX aimed to do it for about $15M per person even without reusability.

At the time, SpaceX had a NASA contract for cargo missions and was seeking an additional $300M to support crew transport. Without it, Musk warned the US could lose independent human spaceflight for 5 to 6 years.

He argued the economics were clear, with the US spending around $500M per year on Russian seats versus building domestic capability.

The pitch framed SpaceX as a lower-cost alternative at a moment of dependency.

✔️ @venture
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Google bought YouTube for $1.65 billion.

YouTube now generates $1.65 billion in revenue every 15 days.


✔️ news.nzoko.com
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🏠 Musk rumored to tour $300M Miami mansion under construction

A $300M modern home in Miami is under construction, and brokers say Elon Musk may have visited the property, though the developer did not confirm it.

The site was bought for $105M in 2025 and flipped for $169M before being taken off the market. It is now being rebuilt into a new property with features like a 31-car garage and elevated design to handle flooding.

The house is not being marketed and will only be offered once completed, with delivery expected in about 2 years.

✔️ @motekico
🛒 GameStop explores bid for eBay despite 4x size gap

GameStop is reportedly considering an offer to acquire eBay, a company with more than four times its market value.

eBay generated $11.1B in revenue last year, while GameStop reported $3.6B in net sales in 2025 and $232M in operating income. The retailer has also closed over 400 US stores this year.

The move follows CEO Ryan Cohen’s plan to pursue a large acquisition as part of a broader repositioning.

✔️ @motekico
🤖 OpenAI and Anthropic launch joint ventures for enterprise

OpenAI and Anthropic have each launched joint ventures to attract enterprise clients. Both involve private equity funds investing in a JV that deploys the startups ’AI solutions within the funds’ portfolio companies.

The funds get equity and priority access to new tech, while the startups gain corporate customers and capital.

OpenAI aims to raise $4 billion from 19 investors at a $10 billion JV valuation, offering a 17.5% guaranteed minimum return.

This aggressive approach targets rapid corporate market capture. The JV setups are also a prelude to IPOs planned by both companies.

✔️ @motekico
📈 Toto stock jumps on AI demand

Toto is known for toilets, but its real growth now comes from advanced ceramics used in chip production.

The company is a key supplier of electrostatic chucks, components needed to produce NAND memory. Demand for this memory is rising fast as AI infrastructure scales.

The semiconductor unit grew 34% YoY and now brings in more than half of operating profit. After the report, the stock jumped 18% to a 5-year high.

Turns out even toilet makers can ride the AI cycle.

✔️ news.nzoko.com
💰Musk companies are funding each other

Sherwood shared 2025 data showing Elon Musk’s companies spent around $600M internally, up from $240M in 2024.

xAI was the biggest buyer, paying Tesla $430M, mostly for Megapack energy systems. A year earlier it was $198M.

SpaceX paid Tesla $143M, mainly for vehicles. Tesla also sold about 1 in 5 Cybertrucks to Musk-linked companies.

Tesla’s outgoing spend was smaller: $12M to SpaceX, $7M to xAI, and about $5M to a security company.

Then comes the twist. Tesla invested $2B into xAI this year.

✔️ @venture
😺 OpenAI president reveals $30B stake during Musk trial

Greg Brockman disclosed in court that his stake in OpenAI is worth nearly $30B as the company’s valuation reaches $852B.

He said he did not invest personal funds into the company. The disclosure came during the trial over OpenAI’s shift from a nonprofit structure to a commercial entity.

The case centers on claims that the company moved away from its original mission after early backing from Elon Musk.

The numbers highlight how large the financial stakes have become inside the company.

✔️ @venture
🚀 Google discusses SpaceX launches for orbital AI data centers

Google is in talks with SpaceX to launch hardware for its Suncatcher project, according to The Wall Street Journal. The first test mission is planned for early 2027.

Google wants to build a network of satellites equipped with its own TPU chips. The satellites would run on solar power and exchange data through optical links.

The 2027 mission with Planet Labs will send two prototypes into orbit to test radiation exposure, temperature swings, and communication between satellites.

The next data center race may start above Earth.

✔️ @venture
✂️ Cisco cuts 4,000 jobs while reporting record revenue

Cisco is laying off nearly 4,000 employees, about 5% of its workforce, even as it reports record quarterly revenue and double-digit growth.

The company says the cuts will help shift spending toward AI and cybersecurity. Cisco also plans to expand internal use of AI across the business.

The move follows a broader pattern in tech. Companies are using strong earnings to fund larger infrastructure bets while reducing headcount.

More revenue no longer means more employees.

✔️ @venture
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🚚 Tesla starts production of Semi trucks after years of delays

Tesla has begun serial production of its electric Semi, first unveiled in 2017 after multiple delays.

The truck will be sold in two versions. Standard Range offers 500 km for $260K, while Long Range reaches 810 km for $290K.

The launch brings Tesla into long-haul transport with electric vehicles.

📊 @tech
🔍 DeepMind reinvents the mouse pointer

DeepMind created an AI-powered mouse pointer that acts as a context highlighter for an embedded agent. You can point at a table and ask the agent to make a chart or select a restaurant name in a photo to book it for you.

This pointer shifts some cognitive load from the user by removing the need to write detailed prompts. You just click on something and say commands like “tell me about THIS” or “move THIS HERE.”

The system combines speech with gestures, making interaction more natural. It is already available in Gemini in Chrome and Google AI Studio, and will be integrated into upcoming GoogleBook laptops designed for AI experiences.

📊@tech
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👹 MIT Builds Robot from 12 Labubu Heads

Researchers at MIT created a moving spherical dodecahedron robot using twelve detached Labubu figurine heads, naming it Labububot.

The project challenges typical social robot design, which aims to be cute and friendly to avoid the "uncanny valley"-a discomfort zone where robots look almost human but feel unsettling.

Instead, the team leans on monster theory, suggesting a robot that causes slight unease can engage users more deeply by provoking thought rather than comfort.

They shared full assembly instructions and files on GitHub for those interested in building their own version.

📊@tech
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🔥 OpenAI Co-Founder Joins Anthropic

Andrej Karpathy, co-founder of OpenAI, has officially joined Anthropic, the company behind Claude.

Karpathy, a prominent AI researcher, helped found OpenAI in 2015 and later led AI efforts at Tesla.

He now says he wants to "return to R&D" during a critical time for large language model development.

✔️ @venture