News & Updates
The latest news and updates from companies in the WLTH portfolio.
Meta Platforms (NASDAQ: META) Eyes Cloud Computing Revenue With Reported Anthropic Infrastructure Deal
Meta Platforms (NASDAQ: META) is in early-stage talks with AI startup Anthropic about leasing computing capacity, a move that would thrust the social media giant into direct competition with Amazon, Microsoft, and Google. The potential deal was first reported by the New York Times, which cited three people with knowledge of the discussions and valued the arrangement at as much as $10 billion over two years. A source familiar with the matter confirmed the talks to CNN, though the source cautioned that any specific financial figures that have been reported are speculative. Both Meta and Anthropic declined to comment on the discussions, leaving the full scope and terms of any potential agreement unclear. The talks come as Meta has been pouring enormous sums into data center infrastructure to support its growing artificial intelligence ambitions across its platforms. Meta said in its most recent earnings report that it plans to spend between $125 billion and $145 billion in capital expenditures this year, a figure that could double what the company spent the prior year. To help offset the cost of that infrastructure buildout, Meta said in April that it would lay off 10% of its workforce, affecting approximately 8,000 employees. CEO Mark Zuckerberg has previously acknowledged the possibility of renting out surplus computing capacity, noting that outside companies approach Meta regularly seeking access to its infrastructure. "Almost every week there are different companies that come to us from outside asking us if we have compute that they could buy from us at some premium to what we've bought it at," Zuckerberg said at Meta's annual shareholder meeting in May, adding that the company would consider leasing capacity if it determined it had overbuilt. Anthropic is no stranger to large-scale compute agreements, already holding multibillion dollar licensing deals with Google, SpaceX, Microsoft, and Amazon, reflecting intense industrywide demand for AI processing power. Investors have been pressing Meta to demonstrate how its massive AI spending will translate into tangible returns, particularly as the company competes with frontier AI developers like Anthropic and OpenAI. Meta shares are down more than 8% from this time last year, adding urgency to the company's push to find new revenue streams tied to its infrastructure investments. Last month, Meta released an upgraded version of its Muse Spark AI model, which it claimed could rival the coding capabilities of models from OpenAI, Anthropic, and others, and for the first time introduced a paid version of the service.
SpaceX Reportedly May Join Artificial Intelligence Arms Race - AOL
SpaceX may join the Pentagon's efforts in the artificial intelligence arms race to advance computing power supporting warfighting capabilities. Elon Musk's aerospace company, SpaceX, is in talks with the Department of War to provide access to its artificial intelligence (AI) data centers to support the Pentagon, The Wall Street Journal (WSJ) reported Friday, citing unnamed individuals familiar with the talks. It remains unclear, however, if the deal will make it to fruition. SpaceX would not be selling AI data centers to the Pentagon outright. Rather, the aerospace company would merely be lending its computing power to the Department of War for a limited time, similar to a lease, the outlet reported. (RELATED: SpaceX Opens At $150 A Share, Breaks $2 Trillion Market Cap) The leased computing power could ultimately cost the Department billions of dollars, the WSJ reported, citing people familiar with the matter. This would not be the first time SpaceX rented out its computing power to outside entities. Its AI data centers are being used by Google for $920 million a month from October 2026 to June 2029, the WSJ reported June 5. The deal could be worth up to $30.4 billion over the 33 months if the contract is completed in its entirety. Neither SpaceX nor the Pentagon immediately responded to requests for comment by the Daily Caller News Foundation . The renting of computing power from data centers is generally outside of SpaceX's primary focus: satellite launches utilizing reusable rockets, such as the Falcon 9. SpaceX's proposal to provide computing power to the War Department is not the only dealings the aerospace company has had with the Pentagon in recent months. The acting U.S. Space Force's portfolio acquisition executive for space-based sensing and targeting awarded a contract for $4.16 billion to SpaceX for the Space-Based Airborne Moving Target Indicator program on May 29, according to a press release. This program could be a key part of President Donald Trump's Golden Dome proposal, as it aims to "enhance the Space Force's capabilities to the Joint Force through the establishment of a persistent, global capability to sense and track airborne targets from space." (RELATED: Pentagon Demands Billions For Missile Defense As Trump Pushes Revolutionary 'Golden Dome') The proposed deal with the Pentagon to rent out computing power is only the beginning of SpaceX's dive into the data center marketplace. SpaceX is reportedly seeking to challenge competitors in the industry, such as Coreweave, another company which rents out computing power to third parties, the WSJ reported, citing people familiar with SpaceX. These business dealings follow SpaceX's recent initial public offering (IPO), which could facilitate Elon Musk's becoming the world's first trillionaire. "We believe we have identified the largest actionable total addressable market (TAM) in human history. We estimate that our quantifiable TAM is 28.5 trillion," SpaceX's filing states.
OpenAI Launches ChatGPT Work as Anthropic's Claude Cowork Gains Enterprise Ground
OpenAI launched ChatGPT Work in July 2026 as a direct response to Anthropic's Claude Cowork, which launched earlier this year. Both products target the same market: enterprise customers who want AI to handle multi-step tasks autonomously without human intervention at each step. Anthropic's revenue run-rate has exceeded $47 billion annualized, outpacing OpenAI's estimated $25 to $33 billion. ChatGPT's monthly visitors dropped below a majority of the generative AI market for the first time in May 2026. Both facts signal OpenAI is losing enterprise ground to Anthropic. What Are These Products? Claude Cowork and ChatGPT Work do similar things: they take instructions from users and execute multi-step workflows autonomously. Instead of asking an AI each step of a process, you describe the end goal and the system figures out how to get there using the apps already connected to your account. For enterprise, this is meaningful. It reduces the manual prompt engineering that slows down AI adoption. It turns AI from a tool you use into an agent that works for you. Anthropic's Advantage Anthropic got there first with Cowork in January 2026. The company also has stronger enterprise relationships through its AWS partnership and is actively negotiating custom chip deals with Samsung. Fable 5, Anthropic's latest model, was offline briefly due to US export controls but is now fully restored. The fact that Anthropic's revenue is already outpacing OpenAI despite being a younger company suggests enterprise customers are genuinely preferring Claude and willing to abandon ChatGPT. The Larger War Both companies are preparing for public offerings. They're fighting for enterprise revenue because consumer revenue is saturating. The winner in this space will likely be the company that can make AI agents reliable enough for businesses to stake real money on them. OpenAI is also facing pressure from Google, which launched Gemini Enterprise at Cloud Next in June. Google has the advantage of being already embedded in enterprise workflows -- Gmail, Sheets, Drive, Meet -- which means tighter integration for workflow automation.
SpaceX Starship launch scrubbed moments before blastoff
The test flight was aborted after some of the rockets engines failed to start, Elon Musk has said The 13th test flight of SpaceX's Starship ended abruptly after an engine malfunction forced an automatic launch abort seconds before liftoff on Thursday. Alive streamfrom the Starbase launch site in Texas showed clouds of smoke and vapor billowing from the rocket as its engines ignited. However, Starship failed to leave the pad. "We did trigger a hold on the booster that aborted our liftoff as we were starting to light those Raptor engines," SpaceX spokesperson Dan Huot said during the webcast. SpaceX CEO Elon Musk laterconfirmedon X that "some of the engines didn't start, triggering an automatic launch abort." "Next launch attempt hopefully in a few days," he added. width="560" height="315" src="https://mf.b37mrtl.ru/files/2026.07/6a5a582b85f54001fc46cf2e.mp4" frameborder="0" > The mission was set to deploy 20 of the latest Version 3 Starlink satellites into orbit. The aborted launch follows several upgrades made after Starship's previous test flight in May, when a simulated landing of the Super Heavy V3 booster in the Gulf of Mexico ended in an explosion. The upper-stage Starship also broke apart after splashing down in the Indian Ocean, although SpaceX still declared the mission a success. The latest setback sent SpaceX shares down to $131.11 early on Friday, leaving them below the company's IPO price of $135. The stock had already slipped to $132.28 on Wednesday amid growing investor concerns over whether the company can generate enough profit to justify its trillion-dollar valuation. SpaceX went public last month in a record $75 billion offering that briefly made Musk the world's first trillionaire. The company is competing with Jeff Bezos' Blue Origin to build lunar landers for NASA's Artemis program, which aims to return astronauts to the Moon by landing near its south pole. Earlier this week, Russia successfully launched a Soyuz-2.1a rocket from the Baikonur Cosmodrome in Kazakhstan, carrying Russian cosmonauts Pyotr Dubrov and Anna Kikina, along with NASA astronaut Anil Menon, to the International Space Station.
SpaceX Starship launch scrubbed moments before blastoff
The test flight was aborted after some of the rockets engines failed to start, Elon Musk has said The 13th test flight of SpaceX's Starship ended abruptly after an engine malfunction forced an automatic launch abort seconds before liftoff on Thursday. Alive streamfrom the Starbase launch site in Texas showed clouds of smoke and vapor billowing from the rocket as its engines ignited. However, Starship failed to leave the pad. "We did trigger a hold on the booster that aborted our liftoff as we were starting to light those Raptor engines," SpaceX spokesperson Dan Huot said during the webcast. SpaceX CEO Elon Musk laterconfirmedon X that "some of the engines didn't start, triggering an automatic launch abort." "Next launch attempt hopefully in a few days," he added. width="560" height="315" src="https://mf.b37mrtl.ru/files/2026.07/6a5a582b85f54001fc46cf2e.mp4" frameborder="0" > The mission was set to deploy 20 of the latest Version 3 Starlink satellites into orbit. The aborted launch follows several upgrades made after Starship's previous test flight in May, when a simulated landing of the Super Heavy V3 booster in the Gulf of Mexico ended in an explosion. The upper-stage Starship also broke apart after splashing down in the Indian Ocean, although SpaceX still declared the mission a success. The latest setback sent SpaceX shares down to $131.11 early on Friday, leaving them below the company's IPO price of $135. The stock had already slipped to $132.28 on Wednesday amid growing investor concerns over whether the company can generate enough profit to justify its trillion-dollar valuation. SpaceX went public last month in a record $75 billion offering that briefly made Musk the world's first trillionaire. The company is competing with Jeff Bezos' Blue Origin to build lunar landers for NASA's Artemis program, which aims to return astronauts to the Moon by landing near its south pole. Earlier this week, Russia successfully launched a Soyuz-2.1a rocket from the Baikonur Cosmodrome in Kazakhstan, carrying Russian cosmonauts Pyotr Dubrov and Anna Kikina, along with NASA astronaut Anil Menon, to the International Space Station.
SpaceX Starship launch scrubbed moments before blastoff
The test flight was aborted after some of the rockets engines failed to start, Elon Musk has said The 13th test flight of SpaceX's Starship ended abruptly after an engine malfunction forced an automatic launch abort seconds before liftoff on Thursday. Alive streamfrom the Starbase launch site in Texas showed clouds of smoke and vapor billowing from the rocket as its engines ignited. However, Starship failed to leave the pad. "We did trigger a hold on the booster that aborted our liftoff as we were starting to light those Raptor engines," SpaceX spokesperson Dan Huot said during the webcast. SpaceX CEO Elon Musk laterconfirmedon X that "some of the engines didn't start, triggering an automatic launch abort." "Next launch attempt hopefully in a few days," he added. width="560" height="315" src="https://mf.b37mrtl.ru/files/2026.07/6a5a582b85f54001fc46cf2e.mp4" frameborder="0" > The mission was set to deploy 20 of the latest Version 3 Starlink satellites into orbit. The aborted launch follows several upgrades made after Starship's previous test flight in May, when a simulated landing of the Super Heavy V3 booster in the Gulf of Mexico ended in an explosion. The upper-stage Starship also broke apart after splashing down in the Indian Ocean, although SpaceX still declared the mission a success. The latest setback sent SpaceX shares down to $131.11 early on Friday, leaving them below the company's IPO price of $135. The stock had already slipped to $132.28 on Wednesday amid growing investor concerns over whether the company can generate enough profit to justify its trillion-dollar valuation. SpaceX went public last month in a record $75 billion offering that briefly made Musk the world's first trillionaire. The company is competing with Jeff Bezos' Blue Origin to build lunar landers for NASA's Artemis program, which aims to return astronauts to the Moon by landing near its south pole. Earlier this week, Russia successfully launched a Soyuz-2.1a rocket from the Baikonur Cosmodrome in Kazakhstan, carrying Russian cosmonauts Pyotr Dubrov and Anna Kikina, along with NASA astronaut Anil Menon, to the International Space Station.
Elon Musk Isn't a Trillionaire Anymore, Says Forbes -- SpaceX Stock Dropped After Aborted Launch
The world's first trillionaire is back to slumming it among the billionaires, according to a report by Forbes. That's right. Elon Musk saw his net worth drop back to a mere twelve digits after the SpaceX stock price took a tumble after the latest failed Starship launch attempt, reported Forbes' Ty Roush on Friday. Musk became the world's first trillionaire last month after SpaceX went public in the largest initial public offering in history. He holds 4.8 billion shares of SpaceX, plus another 350 million stock options, and about 700 million shares of Tesla. The SpaceX IPO price was $135 and the stock saw a spike in the days that followed but has since been on a downward trend. On Monday, Forbes reported that SpaceX shares had declined 3.8% to just under $140 by the afternoon and Tesla shares saw a similar 3% drop. Friday, SpaceX was down to $124 at the end of the day and at the end of "a five-day losing streak for the stock," wrote Roush. These stock price hits dragged Musk's net worth down billions of dollars, Roush reported. Forbes calculates Musk's peak net worth as $1.45 trillion on June 16, when SpaceX shares hit the stock's all-time high. Since then, the former DOGE chief has lost nearly $700 billion and is now worth $792.8 billion. That's enough to buy nearly eight million of the "Cyberbeast" model of the 2026 Tesla Cybertruck. (7,773,692 Cybertrucks to be precise, with a base model price of $101,985). Musk posted about the "automatic launch abort" for the latest Starship attempt on Thursday evening, posting on the X platform he owns that it was caused when "[s]ome of the engines didn't start." He added that another attempt would be made "hopefully in a few days," and that the "most probable launch timing is early next week." Musk may no longer be a trillionaire, but Forbes still ranks him as the richest person in the world, more than doubling his nearest competitors, Google co-founders Larry Page and Sergey Brin, worth $282 billion and $260.1 billion respectively. New: The Mediaite One-Sheet "Newsletter of Newsletters" Your daily summary and analysis of what the many, many media newsletters are saying and reporting. Subscribe now!
Anthropic, Meta reportedly discussing $10B data center leasing deal
Anthropic PBC is reportedly seeking to lease some of Meta Platforms Inc.'s data center capacity. The New York Times today cited three sources as saying that the deal could be worth $10 billion over two years. However, the report noted that the companies' discussions are at an early stage and could fall through. The idea of a data center lease was reportedly floated by Anthropic in June. According to the Times, the company is seeking terms that would give it the option to cancel the contract early. The artificial intelligence developer added a similar clause to its recently signed infrastructure deal with SpaceX Corp. Anthropic will pay $1.25 billion per month to use the rocket maker's Colossus 1 and Colossus 2 supercomputers. The contract is structured as a 180-day lease, but both companies can end it early with a 90-day notice. Shortly after signing the SpaceX deal, Anthropic raised the rate limits of its application programming interface and Claude Code. A contract with Meta could be followed by a similar increase. However, any rate limit boost would likely be smaller given that lease is worth $416 million per month, or a third of what Anthropic is paying SpaceX. Today's report didn't specify what Meta hardware the AI developer hopes to use. Some of the Facebook parent's servers contain Nvidia Corp. chips while others use the MTIA 400, a custom accelerator that debuted in March. Anthropic is more likely to pick the former option. Its workloads are already compatible with Nvidia chips and adapting AI workloads to Meta's silicon would involve a significant amount of work. Leasing AI chips to other companies could help Meta recoup some of its heavy infrastructure spending. This week, the Facebook parent committed more than $50 billion to a data center campus in Louisiana. The sprawling development spans 3,650 acres and will be supported by 10 power plants. Meta faces heavy competition in the AI infrastructure market. Buyers can choose among the offerings of not only the industry's top cloud providers and SpaceX but also numerous well-funded data center startups. In theory, signing up a high-profile customer such as Anthropic could make it easier for Meta to stand out. The companies' lease discussions are particularly notable because they compete with each other in the large language model market. Last week, Meta debuted an LLM called Muse Spark 1.1 that is optimized for programming tasks. The company plans to sell access to the model through an API that will cost 75% less than Claude.
Elon Musk Isn't a Trillionaire Anymore, Says Forbes -- SpaceX Stock Dropped After Aborted Launch
The world's first trillionaire is back to slumming it among the billionaires, according to a report by Forbes. That's right. Elon Musk saw his net worth drop back to a mere twelve digits after the SpaceX stock price took a tumble after the latest failed Starship launch attempt, reported Forbes' Ty Roush on Friday. Musk became the world's first trillionaire last month after SpaceX went public in the largest initial public offering in history. He holds 4.8 billion shares of SpaceX, plus another 350 million stock options, and about 700 million shares of Tesla. The SpaceX IPO price was $135 and the stock saw a spike in the days that followed but has since been on a downward trend. On Monday, Forbes reported that SpaceX shares had declined 3.8% to just under $140 by the afternoon and Tesla shares saw a similar 3% drop. Friday, SpaceX was down to $124 at the end of the day and at the end of "a five-day losing streak for the stock," wrote Roush. These stock price hits dragged Musk's net worth down billions of dollars, Roush reported. Forbes calculates Musk's peak net worth as $1.45 trillion on June 16, when SpaceX shares hit the stock's all-time high. Since then, the former DOGE chief has lost nearly $700 billion and is now worth $792.8 billion. That's enough to buy nearly eight million of the "Cyberbeast" model of the 2026 Tesla Cybertruck. (7,773,692 Cybertrucks to be precise, with a base model price of $101,985). Musk posted about the "automatic launch abort" for the latest Starship attempt on Thursday evening, posting on the X platform he owns that it was caused when "[s]ome of the engines didn't start." He added that another attempt would be made "hopefully in a few days," and that the "most probable launch timing is early next week." Musk may no longer be a trillionaire, but Forbes still ranks him as the richest person in the world, more than doubling his nearest competitors, Google co-founders Larry Page and Sergey Brin, worth $282 billion and $260.1 billion respectively. The post Elon Musk Isn't a Trillionaire Anymore, Says Forbes -- SpaceX Stock Dropped After Aborted Launch first appeared on Mediaite.
Elon Musk's SpaceX Won't Turn Profitable Until 2027, Analyst Says: 'Still Not Sure What People See...'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The Future Fund LLC's Gary Black renewed his skepticism toward Space Exploration Technologies Corp. early Wednesday after the stock's recent pullback and said the company's valuation and upcoming share unlocks leave little room for upside. Black Says Valuation Still Doesn't Add Up "It's already a megacap ($1.8T market cap) so upside is limited," Black said in a post on X, adding that SpaceX is not expected to turn profitable until 2027 despite trading at about 47 times projected 2026 enterprise value-to-revenue and 110 times value-to-EBITDA. Black shared a Bloomberg News report that said SpaceX shares had fallen to within $1 of their $135 IPO price after giving up roughly one-third of their post-listing gains. SpaceX is expected to unlock about 20% of its eligible pre-IPO shares after second-quarter earnings next month, with roughly 44% becoming eligible for sale by early September. Black said the staggered releases would increase the tradable float by about 900%, adding that "valuation has to matter at some point." After reaching a record high of $225.64 on June 16, the company's stock has now retreated roughly 40%. Still not sure what people see in $SPCX as an investment. It's already a megacap ($1.8T market cap) so upside is limited. It won't generate profits until 2027. It trades at 2026 EV/Rev of 47x ( $TSLA 14x), and 2026 EV/EBITDA of 110x ( $TSLA 97x). I get the TAM story once other... pic.twitter.com/QQO8bn0vVh -- Gary Black (@garyblack00) July 15, 2026 Veteran market strategist George Noble, a former Peter Lynch protégé, said the lockup schedule, and not the company's valuation, is the biggest near-term risk for the stock. Trending: Avoid the #1 Investing Mistake: How Your 'Safe' Holdings Could Be Costing You Big Time Chamath Makes the Bull Case Speaking on CNBC, venture capitalist Chamath Palihapitiya called SpaceX "an incredible company," having backed the business since its early years and continuing to believe in Elon Musk's long-term vision. "I think it's an incredible company," says @chamath of $SPCX. "I really believe in Elon." https://t.co/LiK7oIIGYr pic.twitter.com/1BcXDhSyNu -- Squawk Box (@SquawkCNBC) July 14, 2026 Palihapitiya said investors may be underestimating the strategic benefits of potentially combining SpaceX and Tesla Inc under a single capital structure, as he believes a unified balance sheet could make it easier to fund Musk's broader portfolio of businesses.
SpaceX Stock Falls Below IPO Price, Market Cap Plummets $1 Trillion
Bond issuance, Starship test suspension, and upcoming earnings report fuel investor concerns The stock price of U.S. aerospace and artificial intelligence (AI) company **SpaceX**, which made its debut on the New York Stock Exchange last month through the largest-ever initial public offering (IPO), has significantly declined, with its market capitalization falling below the offering price within a month. On the 17th (local time), SpaceX's stock price on the New York Stock Exchange closed at $123.99, down 5.43% from the previous day. With a six-consecutive-day decline, the market capitalization shrank to $1.6316 trillion. This is a decrease of $1 trillion (approximately 1,490 trillion Korean won) from the record high of $2.64 trillion set on June 16. SpaceX raised a total of $85.7 billion (approximately 130 trillion Korean won) through the largest-ever IPO on June 10. Following oversubscription, the stock price surged immediately after listing as investor expectations grew, but recent adverse factors have caused the stock price to fall below the offering price of $135. On June 23, the company issued $25 billion in corporate bonds to repay debt, and concerns over AI infrastructure investments have intensified, leading to a downward trend in the stock price. Additionally, the sudden suspension of the 13th test flight of Starship, SpaceX's next-generation core spacecraft and the first test flight since the company's listing, on July 16 further fueled the decline. Starship is a 124-meter-tall super-heavy launch vehicle developed by SpaceX. **Elon Musk**, the CEO of SpaceX, dreams of using Starship to transport people and cargo to Mars. The disclosure of SpaceX's first earnings report in early August is also seen as a negative factor. This is because the lock-up period for a significant portion of institutional holdings in SpaceX will be lifted starting two trading days after the earnings announcement. The release of a large volume of shares into the market could drive the stock price further down.
SpaceX Starlink in Talks with Iraq over Satellite Internet Services
Iraq's Ministry of Trade has held discussions with representatives of SpaceX, including its Starlink satellite internet team, during meetings in Washington. Minister of Trade Mustafa Nizar Jumaa said the talks focused on potential cooperation in satellite internet services, digital infrastructure, and e-government platforms. He indicated that Starlink's technology could support Iraq's digital transformation agenda and improve connectivity in remote areas. The minister also raised the possibility of strategic partnerships between SpaceX and Iraq's public and private sectors, covering technology transfer and training programmes for Iraqi professionals. (Source: Iraqi Ministry of Trade)
AI Daily: Meta said in talks to lease computing power to Anthropic
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly. TipRanks Welcomes a New ETF - NYSE:RANK * TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. * RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies. COMPUTING POWER DEAL: Meta (META) is in early discussions to lease computing power from its AI data centers to Anthropic in an agreement that could be worth as much as $10B over two years, the New York Times' Eli Tan and Mike Isaac report, citing three people with knowledge of the talks. Anthropic, which proposed the deal in June, would pay Meta in monthly increments over the two-year term and the companies would be allowed to opt out of any agreement early, the report said. BUY APPLE: HSBC upgraded Apple (AAPL) to Buy from Hold with a price target of $366, up from $260. The firm believes Apple is now at an "operational turning point." Apple can stay away from the high capex debate as it only invests only 2.5% of its 2026 sales versus 39% for hyperscalers, and it also well positioned to leverage its 2.5B installed device base with its forthcoming revamped Apple Intelligence. The "AI boost comes at the right moment, when we think Apple has one of its most innovative product pipelines in place," the analyst tells investors in a research note. HSBC views Apple's hardware pipeline as strong, which includes the Phone 18 Pro and Pro Max this fall, an iPhone Air in April 2027, and "most importantly" a book-style foldable phone. AI FOR FINANCIAL SERVICES: FIS (FIS) said, "FIS is using Mythos 5 through Project Glasswing, Anthropic's controlled-access initiative that applies frontier AI to help strengthen the security of software supporting critical infrastructure, to secure its own systems. FIS operates systems that clear payments, move money and run core banking for thousands of institutions worldwide. Protecting that code is critical to the stability of global financial infrastructure. At that scale, FIS applies the same standard to its own infrastructure security that it expects from the technology it delivers to clients. Through Project Glasswing, FIS is putting Mythos 5, Anthropic's most advanced frontier model, to work as an additional layer within its security program. Project Glasswing brings together organizations that build or maintain foundational software. Participants use Anthropic's most advanced AI models for defensive security work. This reinforces FIS' commitment to proactive security and being a supportive partner to the broader security community and financial services sector. Project Glasswing brings together organizations that build or maintain foundational software. Participants use Anthropic's most advanced AI models for defensive security work. In addition to FIS' participation in Project Glasswing, its overall security posture is shaped by active engagement with FS-ISAC and the Financial Services Sector Coordinating Council, ongoing regulatory collaboration and industry intelligence-sharing. The initiative is separate from FIS' commercial deployment of Anthropic AI agents but reflects the same disciplined approach to applying advanced AI in financial systems where security, reliability and trust are essential." GROK 4.3: xAI's (SPCX) Grok 4.3 is now generally available on Amazon Bedrock (AMZN), giving teams that build agents and AI workflows a model that reasons over long inputs. "With this launch, xAI joins Amazon Bedrock as a model provider. Grok 4.3 is a model with configurable reasoning effort. It offers tool use and instruction following for building agents, and token efficiency for high-volume inference. It accepts text and image input, and has a 1M token context window for long documents and multi-turn sessions. The model runs on Mantle, the inference engine in Amazon Bedrock," AWS stated.
France orders ISPs to block Polymarket after payments ban fails
The president of France's National Gambling Authority instructed the country's internet service providers to block access to Polymarket on July 16, according to a statement issued by the authority on Friday. The order escalates France's November 2024 action, when regulators barred financial transactions from French accounts to the site. Even that did not stop traffic. . . .
SpaceX Starship launch scrubbed moments before blastoff
The test flight was aborted after some of the rockets engines failed to start, Elon Musk has said The 13th test flight of SpaceX's Starship ended abruptly after an engine malfunction forced an automatic launch abort seconds before liftoff on Thursday. Alive streamfrom the Starbase launch site in Texas showed clouds of smoke and vapor billowing from the rocket as its engines ignited. However, Starship failed to leave the pad. "We did trigger a hold on the booster that aborted our liftoff as we were starting to light those Raptor engines," SpaceX spokesperson Dan Huot said during the webcast. SpaceX CEO Elon Musk laterconfirmedon X that "some of the engines didn't start, triggering an automatic launch abort." "Next launch attempt hopefully in a few days," he added. width="560" height="315" src="https://mf.b37mrtl.ru/files/2026.07/6a5a582b85f54001fc46cf2e.mp4" frameborder="0" > The mission was set to deploy 20 of the latest Version 3 Starlink satellites into orbit. The aborted launch follows several upgrades made after Starship's previous test flight in May, when a simulated landing of the Super Heavy V3 booster in the Gulf of Mexico ended in an explosion. The upper-stage Starship also broke apart after splashing down in the Indian Ocean, although SpaceX still declared the mission a success. The latest setback sent SpaceX shares down to $131.11 early on Friday, leaving them below the company's IPO price of $135. The stock had already slipped to $132.28 on Wednesday amid growing investor concerns over whether the company can generate enough profit to justify its trillion-dollar valuation. SpaceX went public last month in a record $75 billion offering that briefly made Musk the world's first trillionaire. The company is competing with Jeff Bezos' Blue Origin to build lunar landers for NASA's Artemis program, which aims to return astronauts to the Moon by landing near its south pole. Earlier this week, Russia successfully launched a Soyuz-2.1a rocket from the Baikonur Cosmodrome in Kazakhstan, carrying Russian cosmonauts Pyotr Dubrov and Anna Kikina, along with NASA astronaut Anil Menon, to the International Space Station.
DocuSign (DOCU) Brings Contract Automation to Perplexity's AI Platform for Legal Teams
DocuSign, Inc. (NASDAQ:DOCU) is one of the best low priced technology stocks to invest in. On June 24, DocuSign, Inc. (NASDAQ:DOCU) announced that its Intelligent Agreement Management platform is now available inside Perplexity Computer and the newly launched Computer for Counsel. The integration allows legal teams to automate contract work using AI. DocuSign said the integration runs on its Model Context Protocol server. The server is merely a connector that lets Perplexity securely tap into DocuSign's agreement data. This way, legal teams only need to describe what they need in plain language and have Docusign carry out the contract task from start to finish. The goal, according to Docusign, is to cut down on manual contract work. The specific tasks on target are drafting, reviewing, negotiating, and tracking agreements. Some of the use cases the company highlighted include reviewing vendor contracts against a company's playbook, negotiating sales contract renewals, and managing HR onboarding paperwork. The integration allows all these to happen without legal staff needing to jump between separate systems, the company stated. DocuSign explained that the feature is built into Computer for Counsel, which is a version of Perplexity's AI agent tailored specifically for in-house legal departments. Nathan Barksdale, General Counsel at Perplexity, said connecting Docusign to Computer allows legal teams to automate agreement workflows end-to-end. This integration, said Barksdale, reinforces the pitch that legal departments can now manage contracts without losing control of their underlying data. DocuSign, Inc. (NASDAQ:DOCU) is a software company. It provides electronic signature and intelligent agreement management solutions in the United States and internationally, including e-signature capabilities for sending and signing agreements across devices, Contract Lifecycle Management that automates workflows across the agreement process, and Document Generation for streamlining custom agreement creation. While we acknowledge the potential of DOCU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Disclosure: None. Follow Insider Monkey on Google News.
SpaceX's Magic Number Is $135. Here's How to Profit Now as SPCX Stock Breaks Below It.
For SpaceX (SPCX), which came public in a storm of enthusiasm just five weeks ago, the $135 mark means everything. With the stock dripping below that mark this week, America's heroic IPO is falling like a rocket returning to earth. More News from Barchart The initial public offering market was supposed to find its ultimate savior in SpaecX. When Elon Musk aggressively tore up the traditional Wall Street playbook and fixed the company's landmark IPO price at exactly $135 per share, it was designed to be a historic victory lap. Raising a record-shattering $75 billion at an astronomical $1.75 trillion valuation, the offering was pitched to investors of all types as an elite, dual-threat bet on satellite dominance and space-based AI infrastructure. I cannot ever recall an IPO that had social media ads promoting it before an official filing. Now, just weeks into public trading, that $135 price tag is looking less like a launchpad and more like a psychological ceiling. After staging a brief initial pop and peaking at $225 shortly after its debut, the stock has relentlessly drifted right back down, closing Wednesday a clean $90 under that all-time high. The problem with $135 isn't a failure of rocket telemetry or a slowdown in Starlink subscriptions. The problem is the staggering valuation multiple built into that specific dollar figure. At $135 a share, SpaceX trades at a whopping 94x times its trailing price-revenue ratio. To be clear, this is a late-cycle tech tape, where corporate spending shifts are suddenly inducing massive air pockets -- as we just witnessed firsthand with International Business Machine's (IBM) historic collapse -- Wall Street portfolio managers are showing more signs daily that they're too shy to hold assets priced for perfection. The appetite for risk is shrinking. Furthermore, because early index inclusion rules forced automated Nasdaq index funds to programmatically buy billions of dollars of the float right after the debut, that initial demand is completely exhausted. This decline in SPCX stock is despite that artificial temporary demand. With no new passive buying waves on the horizon, and lockup periods ending later this summer, $135 has become a big time challenge for SPCX bulls. If the stock breaks cleanly below this original IPO floor, it could prompt an avalanche of retail stop-loss liquidations.
Kraken Borrow Update Gives Pro Traders More Room To Manage Collateral
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken is updating its borrowing mechanics for Pro users, giving eligible traders more flexibility around collateral and liquidity management. The change sits in a practical part of crypto that often gets less attention than price action. Traders do not only need assets to buy or sell. They need ways to manage capital, use collateral efficiently, and access liquidity without immediately closing positions. That is the appeal of borrow products. A trader may want to keep crypto exposure but still use some of that value elsewhere. Borrowing against collateral can solve that problem, but it also introduces interest costs, liquidation risk, and tighter margin management. Kraken's update is useful because it shows how exchanges are building deeper financial tools around the trading experience. TL;DR * Kraken has updated borrow mechanics for eligible Pro users. * The focus is on collateral management, margin spend, and liquidity access. * The product can improve capital efficiency, but users still need to understand interest rates and liquidation risk. Borrowing Against Crypto Is Useful, But Not Simple The basic idea is easy to understand. A user holds crypto. Instead of selling it, they borrow against it. That lets them access liquidity while keeping exposure to the asset. In a rising market, that can feel efficient. In a falling market, it can become dangerous. The risk comes from collateral value. If the collateral falls sharply, the borrower may need to add funds, reduce the loan, or face liquidation. Crypto's volatility makes that risk more serious than in many traditional lending markets. A position that looks safe one day can become stressed quickly if the underlying asset drops. That is why borrow products need transparency. Users need to understand loan-to-value ratios, liquidation thresholds, interest rates, collateral eligibility, and repayment mechanics. Kraken's update appears aimed at making the borrow experience more integrated for active users. That can be useful for traders who already manage risk carefully. It can also be risky for users who see borrowing as free capital. Capital Efficiency Is The Main Use Case For professional or advanced traders, capital efficiency matters. Keeping too much idle collateral can limit flexibility. Selling long-term holdings to access liquidity may create tax, timing, or opportunity-cost issues. Moving funds between platforms can introduce delays and operational risk. A better borrow tool gives traders more ways to respond to the market. They may borrow to hedge, fund another position, avoid selling into weakness, or manage short-term cash needs. They may also use borrowing as part of a broader portfolio strategy where collateral remains productive rather than dormant. That is why exchanges are paying attention to these products. A platform that offers trading, custody, borrowing, options, and risk tools can become more useful to active users than an exchange that only provides spot access. The more functions traders can handle in one place, the stickier the platform becomes. Kraken's borrow update fits that model. The Risk Controls Matter Most The important question is whether the product helps users manage risk or encourages them to take too much of it. Borrowing can make a portfolio more flexible, but it can also add leverage indirectly. A user who borrows against crypto and then uses the funds for more trading has increased exposure. If markets fall, the damage can compound. That is why interest rates and liquidation thresholds are not minor details. They are the centre of the product. A good borrow system should make costs visible. It should warn users before collateral becomes stressed. It should explain how liquidations work. It should avoid making complex risk feel too easy. Crypto has already seen what happens when leverage is poorly understood. Borrow products do not need to repeat that mistake. For Kraken, the update strengthens the exchange's advanced-trader offering. It gives eligible clients more tools to manage liquidity without leaving the platform. For users, the benefit depends on discipline. Borrowing against crypto can be sensible when used carefully, but it is still a risk product. The bigger market takeaway is that exchanges are becoming more like full-service trading platforms. Spot trading is only one part of the relationship. Collateral, lending, derivatives, and portfolio tools are becoming just as important. Kraken's update is another step in that direction. This article is based on information from Kraken. This article was written by the News Desk and edited by Samuel Rae.
This Week in Plasma: Shadows for Steam and Discord
Welcome to a new issue of This Week in Plasma! This week the bug-fixing spree of the past few weeks wound down as feature work and user interface polishing moved into the foreground. So let's start out with something pretty darn user-visible: Notable new features Plasma 6.8 KWin now automatically applies a shadow, outline, and corner rounding effect to client-side-decorated windows that lack these -- such as Steam and Discord windows. Read more about this on Vlad's blog! (Vlad Zahorodnii, kwin MR #9147, kwin MR #9566, breeze MR #612, and kdecoration MR #93) You can now assign processes to specific CPUs or groups of CPUs in System Monitor, known as setting CPU affinity. (Taras Oleksyn, KDE Bugzilla #429151) The Task Manager widget now has global shortcuts for re-arranging tasks and switching between them. (Salman Farooq, plasma-desktop MR #3819) Notable UI improvements Plasma 6.7.4 Apps using the global shortcuts portal are now allowed to rename their shortcuts by requesting to re-register them. (David Redondo, KDE Bugzilla #523063) Plasma 6.8 System Settings' Window Behavior page has been ported to QML and modernized a bit in the process, bringing it up to par with most other pages in System Settings. (Tobias Ozór, kwin MR #9370) Notable bug fixes Plasma 6.6.7 System Settings' Effects page now behaves properly for KWin effects whose default values have been overridden at the distribution level. (Nicolas Fella, kwin MR #8112) Plasma 6.7.3 Fixed a recent regression that made the process sometimes crash when the system woke from sleep. (Iyán Méndez Veiga, KDE Bugzilla #521353) Fixed a recent regression that caused lag and stuttering on certain websites using hardware-accelerated rendering for systems using certain GPUs. (Xaver Hugl, KDE Bugzilla #521742) Fixed a weird issue that made the system stop sleeping according to the normal schedule if you interrupted certain monitors while they were right in the middle of shutting down. (Ameen Al-Asady, KDE Bugzilla #523001) Plasma 6.7.4 Fixed a somewhat common way that Discover could crash while installing updates. (Aleix Pol Gonzalez, KDE Bugzilla #522255) The bandwidth usage reported by Plasma's remote desktop server is now accurate. (Liu Jie, krdp MR #216) Fixed a layout glitch on System Settings' Pointers page that prevented some pointer size options from being fully visible when using screen scaling. (Akseli Lahtinen, KDE Bugzilla #521187) Fixed two layout glitches in Discover when using the app with multiple backends and looking at large items on the Installed page. (Nate Graham, discover MR #1357 and discover MR #1358) The "Typing on the desktop activates KRunner" setting is now fully respected for Folder View widgets placed on the desktop, in addition to the embedded Folder View that is the desktop. (Christoph Wolk, KDE Bugzilla #523053) Plasma 6.8 Fixed some positioning and theme compatibility issues with drop-down menus in Plasma and its widgets. (Filip Fila, libplasma MR #1546) Notable in performance & technical Frameworks 6.29 Reduced Plasma's memory usage a little bit. (Nicolas Fella, ksvg MR #113 and kguiaddons MR #224) KDE Gear 26.12 System Settings' Connection Preferences page has been removed. Its settings were extremely esoteric and they applied to almost nothing these days, so the page was mostly just cluttering the place up. (Tobias Fella, kio-extras MR #533) How you can help KDE has become important in the world, and your time and contributions have helped us get there. As we grow, we need your support to keep KDE sustainable. Would you like to help put together this weekly report? Introduce yourself in the Matrix room and join the team! Beyond that, you can help KDE by directly getting involved in any other projects. Donating time is actually more impactful than donating money. Each contributor makes a huge difference in KDE -- you are not a number or a cog in a machine! You don't have to be a programmer, either; many other opportunities exist. You can also help out by making a donation! This helps cover operational costs, salaries, travel expenses for contributors, and in general just keeps KDE bringing Free Software to the world. To get a new Plasma feature or a bug fix mentioned here Push a commit to the relevant merge request on invent.kde.org. Newsletter Enter your email address to follow this blog and receive notifications of new posts by email.
Kimi K3: China's Moonshot AI Takes Aim at OpenAI, Anthropic - Internewscast Journal
Chinese startup Moonshot AI has introduced Kimi K3, a new artificial intelligence model that the company says narrows the performance gap with top U.S. systems and even beats OpenAI and Anthropic's strongest models in select benchmark tests. Moonshot said Friday that Kimi K3 does not yet surpass Anthropic's Claude Fable 5 or OpenAI's GPT 5.6 Sol in overall performance, but the model consistently ranked ahead of other systems included in its evaluations. According to the company, Kimi K3 outperformed Claude Opus 4.8 and GPT 5.5 -- models positioned just below the most advanced offerings from Anthropic and OpenAI -- across several benchmarks, including coding and general agent tasks. With 2.8 trillion parameters, a measure of the scale of its neural network, Kimi K3 is now the largest AI model developed in China to date. "Despite persistent hardware/compute capacity constraints in China, K3 demonstrates that pre-training scaling, paired with architectural innovation, can still deliver step-change gains for flagship Chinese models," Bank of America analysts wrote in a note led by Alex Liu. The launch lands at a time when competition between the United States and China over artificial intelligence leadership is becoming increasingly intense. Chinese AI systems have begun attracting more interest from Western businesses as their performance improves and their costs remain lower than the most advanced models produced by U.S. labs. At the same time, U.S. lawmakers are weighing ways to limit the adoption of Chinese AI models by American companies. Patrick Moorhead, CEO and chief analyst at Moor Insights and Strategy, described the market response to Kimi K3 as "an over-reaction shockingly similar the DeepSeek panic." In a post on X, he acknowledged the model's progress but cautioned that "We are far away from super-intelligence." Moorhead said in the post that large language models, or LLMs, like Kimi K3 will only "accelerate and grow the inference market faster than without," underscoring a general shift in the tech sector from merely focusing on the size and presumed capabilities of a model by itself to the overall application that the technology powers. Perplexity CEO Aravind Srinivas told CNBC last week that there's more focus from startups and developers to figure out the best methodologies for using AI models that can power their apps, instead of squarely focusing on one gigantic, underlying system. That's part of the reason why the freely available OpenClaw technology became so popular with developers earlier this year. The so-called harness lets coders more easily swap in and out various AI models that power digital assistants so they can take a series of actions without needing to rely on one single LLM by itself. "The model alone is no longer the product," Srinivas said at the time. "It is the harness, the orchestration system that puts the model inside a very capable harness and pairs the model with a lot of tools." Moorhead attributed what he believes to be an overreaction to Kimi K3's release to politics, telling CNBC in an email that "There's a big debate in Washington DC about whether the U.S. should use Chinese open source models and if U.S. companies should enable the Chinese to use their models." "The latter is ironic as the Chinese seem to be doing fine with their models," Moorhead said. Lu Zhang, the founder and managing partner of the Fusion Fund, said that despite the widespread attention models like Kimi K3 can receive, most of the developers that use the technology are "from the startup ecosystem, less from the large corporate side." These coders will often swap one AI model out when there's a more powerful version available or at least one that's cheaper and more efficient to run in their respective apps, she explained. And while these AI models may seem extremely powerful at first glance, they are not "plug and play" and they require a lot of technological know-how from developers to actually make use of their underlying capabilities, Zhang said. Although general discourse involving the open-weight AI model space can often involve the broader "narrative of U.S.-China competition," Zhang said that there are several U.S. companies that are increasingly debuting open-weight AI models. Two of those are Thinking Machines and DeepReinforce, which is backed by Zhang's fund. She said it was only a matter of time that a more advanced open-weight AI model captured the zeitgeist, given how fast the overall space is moving. Similar to how the debut of DeepSeek's R1 AI model in 2025 generated attention for presumably being more cost-efficient relative to proprietary technologies, the current hoopla over Kimi K3 can be attributed to rising concerns about AI's overall cost and ability to generate returns on investment. Simon Koser, the chief product officer at the AI startup Tzafon, said that Kimi K3 is legitimately impressive in that it is performing well in areas like coding, and developers at AI labs could find it compelling. "Cost has become a huge thing for some of these labs," Koser said, underscoring how AI leaders like Anthropic and OpenAI may feel some pressure from cheaper AI models being available on the market. Still, there are many ways to use the technology, and not every AI model excels in every task despite what the initial benchmark tests may show. Certain AI models may react differently when put in production versus when they are tested, and there's no true jack-of-all-trades AI model that's superior to everything else on the market. "It's going to seem like a lot of people are changing," Koser said. "But in practice, I'm not sure if the shift is that huge." Founded in 2023, Beijing-based Moonshot AI is one of China's leading model builders. It raised $2 billion at a more than $20 billion valuation in May, Bloomberg reported. Backers include Chinese tech giants Alibaba, which makes the Qwen series of AI models, and Tencent. Chinese AI rivals' shares dropped on news of the release. Z.ai, which released a new model to much fanfare in June, saw its stock plummet 28% on Friday. MiniMax Group, another Chinese model company, fell 16%. "K3 raises the capability ceiling for China AI models, shifting the burden of proof to other independent AI labs," said Liu. Earlier this week, Alibaba saw its stock buoyed by news that it was partnering with Apple in China. However, shares dropped 4% Friday. "For Alibaba, while it benefits from broad AI training/usage growth for its cloud service given tight compute environment, Alibaba Qwen's "open-source leader" narrative may face some tests," said Liu. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
