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Latest stories covering ai-business, with summaries and links to related coverage.
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Morningstar values SpaceX at $780B, half its IPO target
news
2 min read
Morningstar analysts value SpaceX at $780 billion, which is less than half of its IPO target. Uncertainties surround the company's artificial intelligence business, including xAI and the social media platform X, due to unclear economics and competition from OpenAI and Anthropic.
OpenAI Misses Key Revenue, User Targets in High-Stakes Sprint Toward IPO
news
1 min read
OpenAI has missed its targets for new users and revenue, raising concerns among company leaders about its ability to sustain spending on data centers. CFO Sarah Friar expressed worries about the company's capacity to fulfill future computing contracts if revenue growth does not accelerate.