latest news in companies
Inside the Musk-OpenAI Trial: Former Board Member Shivon Zilis Takes the Stand
San Francisco, Wednesday, 6 May 2026.
Former OpenAI director Shivon Zilis testified Wednesday in Elon Musk’s lawsuit, revealing her complex dual role navigating board duties while sharing four children with the billionaire founder.
Bayer Targets Vision Loss With $2.45 Billion Biotech Acquisition
Leverkusen, Wednesday, 6 May 2026.
Bayer’s $2.45 billion acquisition of Perfuse Therapeutics secures a breakthrough clinical implant that demonstrated the remarkable potential to reverse vision loss, strategically bolstering the pharmaceutical giant’s aging product lineup.
Anthropic Partners With SpaceXAI to Pioneer Space-Based Artificial Intelligence Data Centers
San Francisco, Wednesday, 6 May 2026.
Anthropic is tapping SpaceXAI’s massive supercomputer to boost its models, sparking a groundbreaking collaboration to build space-based data centers that solve the immense energy demands of artificial intelligence.
The Hidden Source Behind Google and Amazon's Record Spring 2026 AI Profits
San Francisco, Wednesday, 6 May 2026.
Nearly half of Google and Amazon’s massive spring 2026 profits stem from paper gains on their Anthropic investments, raising critical questions about the true pace of AI software monetization.
Oklo Shares Surge Following Accelerated Regulatory Approval for Idaho Nuclear Reactor
Santa Clara, Wednesday, 6 May 2026.
Oklo’s stock jumped 13% after the U.S. Nuclear Regulatory Commission approved its Aurora reactor design criteria in less than half the usual time, streamlining future commercial deployment.
CoTec and Copper Intelligence Join Forces to Extract Copper from Congo Mining Waste
Vancouver, Wednesday, 6 May 2026.
CoTec and Copper Intelligence have partnered to extract valuable copper from decades of legacy mining waste in the Democratic Republic of Congo, transforming historical tailings into critical global supply.
SpaceX Unveils $55 Billion Texas Semiconductor Plant to Secure Domestic Chip Supply
Austin, Wednesday, 6 May 2026.
SpaceX proposed a $55 billion Texas semiconductor plant to manufacture in-house AI chips, a massive strategic investment potentially reaching $119 billion ahead of its anticipated June 2026 IPO.