GoKawiil - Latest Tech News & Aggregated Headlines

Rivian receives the next $1B from Volkswagen as sales struggles continue

techcrunch.com Sean O'Kane 2025-08-15 02:00:48

Rivian has hit a milestone in its agreement with German automotive giant Volkswagen that will bring $1 billion into the EV startup’s coffers in the form of a share sale. Rivian also announced Wednesday that it delivered 10,661 vehicles in the second quarter. That represents a 23% drop in sales from the second quarter of 2024, and only a slight improvement over Rivian’s rough first quarter, when it delivered 8,640 EVs. The company has already lowered its sales target for 2025 as a result of Pres

Topics: billion quarter rivian second year

Shop Amazon

Congress just greenlit a NASA moon plan opposed by Musk and Isaacman

techcrunch.com Aria Alamalhodaei 2025-08-15 22:30:59

Legacy aerospace giants scored a win Tuesday when the U.S. Senate passed President Trump’s budget reconciliation bill that earmarks billions more for NASA’s flagship Artemis program. The $10 billion addition to the Artemis architecture, which includes funding for additional Space Launch System rockets and an orbiting station around the moon called Gateway, is a rebuke to critics who wished to see alternative technologies used instead. Among those critics are SpaceX CEO Elon Musk and billionaire

Topics: artemis billion musk trump ventures

Shop Amazon

Experimental Propulsion Tech Could Reach Mysterious Planet Beyond Pluto in 10 Years

gizmodo.com Passant Rabie 2025-08-16 06:21:13

On November 14, 2003, astronomers spotted what was at the time the most distant known object orbiting the Sun. They called it Sedna after the Inuit goddess of the ocean. It’s a cold, reddish dwarf planet that drifts billions of miles away from the Sun during its 10,000-year orbit before coming in for a relatively close approach to our star. Its next perihelion is happening in July 2076, and astronomers want to take advantage of this rare encounter by flying a mission to the mysterious object. A

Topics: billion miles sedna solar sun

Shop Amazon

xAI raises $10B in debt and equity

techcrunch.com Ram Iyer 2025-08-17 14:35:54

In Brief Elon Musk’s AI company, xAI, has raised $10 billion in debt and equity, Morgan Stanley confirmed on Monday. In a post on X, the financial giant said xAI had raised $5 billion in debt and another $5 billion in a separate strategic equity transaction. “The combination of debt and equity reduces the overall cost of capital and substantially expands pools of capital available to xAI. The proceeds will support xAI’s continued development of cutting-edge AI solutions, including one of the

Topics: billion capital equity raised xai

Shop Amazon

Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI

cnbc.com Arjun Kharpal 2025-08-17 20:37:27

Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe. XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched through secured notes and term loans, while a separate $5 billion was secured through strategic equity investment, the bank said on Monday. The funding gives xAI more firepower to build out infrastructure and develop its G

Topics: ai billion grok musk xai

Shop Amazon

In just 3 months, CoreWeave CEO, once a crypto-mining bro, becomes a deca-billionaire

techcrunch.com Julie Bort 2025-08-21 19:12:18

CoreWeave co-founder and CEO Michael Intrator’s net worth has skyrocketed to about $10 billion in the three months since the AI firm went public, Bloomberg reports. His company’s debut was both the biggest tech IPO so far of 2025 — raising $1.5 billion — and somewhat of a clunker: Its founders had reportedly hoped to raise a lot more — up to $4 billion — and had to skinny their ambitions. CoreWeave still feels a bit like both a success and a house of cards. It offers AI training and inference

Topics: ai billion coreweave ipo worth

Shop Amazon

Ancient Rocks in Canada Are Almost as Old as the Earth Itself

gizmodo.com Margherita Bassi 2025-08-23 06:00:14

Due to the movement of Earth’s tectonic plates, our planet’s crust is constantly recycled, making rocks and minerals from its earliest days incredibly rare. That’s frustrating for geologists, since surface-level Hadean rocks (rocks older than 4.03 billion years) could provide significant insight into the first geological stages of Earth’s 4.5-billion-year history. In a study published today in Early Earth, researchers from Canada and France suggest that the Nuvvuagittuq Greenstone Belt (NGB)—a

Topics: billion earth ngb rocks years

Shop Amazon

Micron reports earnings, revenue beat and issues strong forecast

cnbc.com Ari Levy 2025-08-25 06:48:21

Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024. Micron shares rose in extended trading on Wednesday after the chipmaker reported better-than-expected earnings and revenue and issued a forecast that also topped analysts' estimates. Here's how the company did in comparison with the LSEG consensus: Earnings per share: $1.91, a

Topics: billion expected micron revenue vs

Shop Amazon

Elon Musk’s Lawyers Claim He Doesn’t Use a Computer, Even Though There's a Vast Amount of Evidence That He Does

futurism.com Unknown 2025-08-27 02:07:36

Elon Musk’s Lawyers Claim He Doesn’t Use a Computer, Even Though There's a Vast Amount of Evidence That He Does Are you serious? Discovery Channel Amid Elon Musk's attempt to kneecap OpenAI, attorneys for the billionaire claim he doesn't use a computer — even though he obviously does, including the fact that he's posted about doing so multiple times in the recent past. As flagged by Wired, this bizarre legal gambit came in response to claims from OpenAI — which has counter-sued Musk in the f

Topics: attorneys billionaire computer laptop musk

Shop Amazon

400 million Windows PCs vanished in 3 years. Where did they all go?

zdnet.com Ed Bott 2025-08-28 02:00:15

Jeffrey Coolidge/Getty Images In today's very very long blog post (more than 2,400 words!) about end-of-support options for Windows 10 PCs, Microsoft tried to bury an unpleasant statistic. That data point is tossed off casually in the opening paragraph, as Microsoft executive VP and consumer chief marketing officer Yusuf Mehdi says, "Today, Windows is the most widely used operating system, powering over a billion monthly active devices..." Sounds pretty good, right? Also: How to get Windows 10

Topics: billion microsoft pc pcs windows

Shop Amazon

Amazon to invest £40 billion in the UK over next three years

cnbc.com Ryan Browne 2025-08-29 05:19:10

LONDON — Amazon will invest £40 billion ($54 billion) in the U.K. over the next three years, the e-commerce titan announced Tuesday. The company said it plans to spend the money on building four new fulfillment centers — large warehouses where it prepares orders for delivery — as well as upgrades and expansions to its existing operations buildings across the country. The announcement was cheered by the British government, which has been courting investments from major tech players of late as i

Topics: billion domestic government growth said

Shop Amazon

Trump Snubbed Jared Isaacman as NASA Chief, but the Private Astronaut Isn’t Done With Space

gizmodo.com Passant Rabie 2025-08-29 12:24:41

Although Jared Isaacman is out of the running for the position of NASA administrator, the space enthusiast is still very much interested in staying in the game. In a recent appearance, Isaacman revealed he would still like to pursue launching robotic missions to space. This weekend, Isaacman received the National Space Society’s Wernher von Braun Award for the privately funded Polaris Dawn mission that he led in September 2024. After his speech, Isaacman spoke of plans he would have executed as

Topics: billion isaacman missions nasa space

Shop Amazon

Telegram CEO Says He’ll Leave His Fortune to His 106+ Children

gizmodo.com Lucas Ropek 2025-08-31 16:55:17

Telegram CEO Pavel Durov is so obsessed with his own jizz that he’s spent years sending it to random women so they can inseminate themselves with it. As a result, the billionaire is said to have as many as 106 biological children. Now, Durov has promised that—in the event of his death—he will bequeath his massive fortune (reputed to be some $17 billion) to all of his wayward spawn. Durov’s supposed plan was revealed during a recent interview with Le Point, a French news site. He revealed to the

Topics: billionaire children durov said site

Shop Amazon

Are 16 billion compromised passwords really part of a newly discovered data breach?

techspot.com Alfonso Maruccia 2025-09-01 22:26:00

A hot potato: Researchers have reportedly discovered a massive, unprecedented archive containing billions upon billions of compromised user credentials. Dubbed the "Mother of All Breaches," the archive has sparked debate among experts about the true significance of this newly uncovered trove. According to UN sources, the world population surpassed eight billion people in 2022. Now, Cybernews reporters claim they have uncovered a new record-breaking data breach exposing 16 billion passwords link

Topics: archive billion cybernews data passwords

Shop Amazon

Elon Musk responds to report that xAI is burning through $1 billion a month

techspot.com Rob Thubron 2025-09-04 06:29:00

In brief: Elon Musk's artificial intelligence startup, xAI, is burning through cash at an astounding rate. According to a new report, the company expects to spend at least $13 billion throughout all of 2025, equivalent to just over $1 billion every month. Musk, of course, has called the report "nonsense." Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this year looks positively tiny next to the $13 billion it plans to spend.

Topics: 2025 billion capital musk xai

Shop Amazon

Texas Instruments unveils $60 billion 'historic' plan to expand US chipmaking

techspot.com Skye Jacobs 2025-09-04 10:47:00

Forward-looking: Texas Instruments has unveiled plans to invest more than $60 billion to expand its semiconductor manufacturing operations in the United States, marking what the company describes as the largest single investment in foundational chip production in US history. The initiative will include the construction and expansion of seven semiconductor fabrication plants across Texas and Utah, a move expected to create approximately 60,000 jobs. The investment comes amid ongoing efforts by t

Topics: billion chips instruments production texas

Shop Amazon

Google looks likely to lose appeal against record $4.7 billion EU fine

cnbc.com Ryan Browne 2025-09-04 23:57:19

Google suffered a setback Thursday after an advisor to the European Union's top court recommended it dismiss the tech giant's appeal against a record 4.1-billion-euro ($4.7 billion) antitrust fine. Juliane Kokott, advocate general at the European Court of Justice, advised the court to throw out Google's appeal and confirm the fine, which was reduced in 2022 to 4.125 billion euros from 4.34 billion euros previously by the EU's General Court. "In her Opinion delivered today, Advocate General Kok

Topics: appeal billion court general google

Shop Amazon

Nvidia’s AI empire: A look at its top startup investments

techcrunch.com Marina Temkin 2025-09-04 22:12:00

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading high-performance GPU maker has used its ballooning fortunes to significantly increase investments in all sorts of startups but particularly in AI startups. The

Topics: ai billion million nvidia round

Shop Amazon

Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month

gizmodo.com Lucas Ropek 2025-09-05 22:10:36

Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the company is going to need to become fiscally viable—a goal it hasn’t quite met yet. Indeed, at the current moment, the company seems to be burning through cash at a rate that, in any other industry, would be entirely unsustainable. A new report from Bloomberg claims that the AI company expects to spend at least $13 billion this year, which amounts to a little over a billion d

Topics: ai billion company musk xai

Shop Amazon

There's Explosive Drama Between OpenAI and Microsoft

futurism.com Unknown 2025-09-07 21:24:09

The partnership that ushered in our age of AI is showing some major cracks. As the Wall Street Journal reports, OpenAI wants its longtime patron Microsoft to loosen its control on its AI products, while also seeking Microsoft's approval to let it become a for-profit company, which OpenAI has been planning for a while now. But the negotiations have turned ugly. And OpenAI is so frustrated with its benefactor that behind the scenes, executives are considering the "nuclear option": going to court

Topics: access ai billion microsoft openai

Shop Amazon

Canva expands from design into analytics with acquisition of MagicBrief

cnbc.com Jordan Novet 2025-09-08 02:00:02

From left, Cliff Obrecht, Canva's co-founder and chief operating officer, and George Howes, co-founder and CEO of MagicBrief, pose for a photo at the Cannes Lions festival in Cannes, France, in June 2025. Canva has grown into a $32 billion startup through its popular design tools used for easily creating images, marketing material and presentations. Now the company, with its 12th acquisition, is buying its way into the analytics market. Canva said on Tuesday that it's buying MagicBrief, whose

Topics: billion canva magicbrief obrecht said

Shop Amazon

Fintech Ramp's valuation hits $16 billion in deal led by Peter Thiel's Founders Fund

cnbc.com Eric Rosenbaum 2025-09-08 06:16:27

Ramp, which offers a financial operations platforms to corporate clients, has raised its valuation to $16 billion in a new fundraising led by long-time investor Founders Fund, Peter Thiel's venture firm. The $200 million round is the fifth that Founders' has led for Ramp and raised its valuation by $3 billion. It last raised money at a $13 billion valuation in March. Founded in 2019, Ramp offers services that cover corporate cards, procurement, bookkeeping, travel booking, and vendor managemen

Topics: billion founders raised ramp valuation

Shop Amazon

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

techcrunch.com Julie Bort 2025-09-08 05:10:57

In Brief Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post-money valuation of $16 billion. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March, after a $150 million secondary share sale. Its current valuation is also more than double the $7.65 billion post-money valuation Ramp hit a little over a year ago when it raised $150 million.

Topics: billion capital million ramp valuation

Shop Amazon

In just 3 months, Ramp’s valuation jumped to $16B from $13B

techcrunch.com Julie Bort 2025-09-08 10:10:57

In Brief Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post money $16 billion valuation. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March from a $150 million secondary share sale. It’s current valuation is also more than double the $7.65 billion Ramp hit a little over a year ago when it raised $150 million at a $7.65 billion post mo

Topics: billion capital million ramp revenue

Shop Amazon

Elon Musk’s xAI is reportedly seeking a $4.3B equity raise

techcrunch.com Amanda Silberling 2025-09-08 18:26:47

In Brief Elon Musk’s startup xAI is trying to raise a $4.3 billion equity investment, according to a report from Bloomberg. This equity funding would be in addition to the $5 billion that Musk is allegedly trying to raise in debt funding for the combined entity of X and xAI. The company appears to be raising money again after landing a $6 billion cash infusion in December, because it has already spent much of its money. xAI makes Grok, the AI chatbot that’s embedded inside the social network

Topics: billion equity funding money xai

Shop Amazon

OpenAI awarded $200 million US defense contract for the use of its AI models

engadget.com Unknown 2025-09-09 06:00:52

OpenAI has just launched an initiative called OpenAI For Government starting with a modest new contract. The company was awarded $200 million by the US Department of Defense (DoD) to develop "prototype frontier AI capabilities to address critical national security challenges in both warfighting and enterprise domains," according to the DoD's website. The contract is the DoD's first with OpenAI. It will last a year and take place largely in an area that includes Washington, DC and nearby countie

Topics: billion company defense dod openai

Shop Amazon

OpenAI wins $200M U.S. defense contract

news.ycombinator.com Jordan Novet 2025-09-09 17:31:58

OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025. OpenAI has been awarded a $200 million contract to provide the U.S. Defense Department with artificial intelligence tools. The department announced the one-year contract on Monday, months after OpenAI said it would collaborate with defense technology startup Anduril to deploy advanced AI systems for "national security missions." "Under this award, the performer will develop prototype frontier AI capabil

Topics: billion contract defense national openai

Shop Amazon

OpenAI wins $200 million U.S. defense contract

cnbc.com Jordan Novet 2025-09-09 22:42:28

OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025. OpenAI has been awarded a $200 million contract to provide the U.S. Defense Department with artificial intelligence tools. The department announced the one-year contract on Monday, months after OpenAI said it would collaborate with defense technology startup Anduril to deploy advanced AI systems for "national security missions." "Under this award, the performer will develop prototype frontier AI capabil

Topics: billion contract defense national openai

Shop Amazon

WhatsApp introduces ads in its app

news.ycombinator.com Eli Tan 2025-09-09 23:38:59

When Facebook bought WhatsApp for $19 billion in 2014, the messaging app had a clear focus. No ads, no games and no gimmicks. For years, that is what WhatsApp’s two billion users — many of them in Brazil, India and other countries around the world — got. They chatted with friends and family unencumbered by advertising and other features found on social media. Now that is set to change. On Monday, WhatsApp said it would start showing ads inside its app for the first time. The promotions will a

Topics: ads app billion users whatsapp

Shop Amazon

A Billionaire Just Died in the Most Bizarre Way You Can Possibly Imagine

futurism.com Unknown 2025-09-10 07:20:58

Image by Getty / Futurism Developments An auto parts billionaire died last week after reportedly swallowing a bee and being stung by it internally. As The Telegraph reports, Indian industrialist Sunjay Kapur was playing polo during the Queen's Cup tournament in Windsor, England when, according to eyewitnesses on the scene, he man shouted "I swallowed something" before keeling over. Though his official cause of death hasn't been released, reporting from The Telegraph and The Mirror suggests th

Topics: bee billionaire died kapoor kapur

Shop Amazon

Latest Tech News

Rivian receives the next $1B from Volkswagen as sales struggles continue

Congress just greenlit a NASA moon plan opposed by Musk and Isaacman

Experimental Propulsion Tech Could Reach Mysterious Planet Beyond Pluto in 10 Years

xAI raises $10B in debt and equity

Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI

In just 3 months, CoreWeave CEO, once a crypto-mining bro, becomes a deca-billionaire

Ancient Rocks in Canada Are Almost as Old as the Earth Itself

Micron reports earnings, revenue beat and issues strong forecast

Elon Musk’s Lawyers Claim He Doesn’t Use a Computer, Even Though There's a Vast Amount of Evidence That He Does

400 million Windows PCs vanished in 3 years. Where did they all go?

Amazon to invest £40 billion in the UK over next three years

Trump Snubbed Jared Isaacman as NASA Chief, but the Private Astronaut Isn’t Done With Space

Telegram CEO Says He’ll Leave His Fortune to His 106+ Children

Are 16 billion compromised passwords really part of a newly discovered data breach?

Elon Musk responds to report that xAI is burning through $1 billion a month

Texas Instruments unveils $60 billion 'historic' plan to expand US chipmaking

Google looks likely to lose appeal against record $4.7 billion EU fine

Nvidia’s AI empire: A look at its top startup investments

Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month

There's Explosive Drama Between OpenAI and Microsoft

Canva expands from design into analytics with acquisition of MagicBrief

Fintech Ramp's valuation hits $16 billion in deal led by Peter Thiel's Founders Fund

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

In just 3 months, Ramp’s valuation jumped to $16B from $13B

Elon Musk’s xAI is reportedly seeking a $4.3B equity raise

OpenAI awarded $200 million US defense contract for the use of its AI models

OpenAI wins $200M U.S. defense contract

OpenAI wins $200 million U.S. defense contract

WhatsApp introduces ads in its app

A Billionaire Just Died in the Most Bizarre Way You Can Possibly Imagine

About GoKawiil

Privacy

Advertising

Latest Tech News

Trending Topics

Hot Now

Popular

Emerging

About GoKawiil

Privacy

Advertising