Apps xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from overBy adminMay 21, 20260 Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO…
Apps OpenAI is reportedly preparing legal action against Apple; it wouldn’t be the first partner to feel burnedBy adminMay 14, 20260 OpenAI is so frustrated with Apple over a ChatGPT integration that failed to deliver the subscribers and prominence it expected…
Apps His house burned down. He used the insurance money to build PopSockets.By adminMarch 5, 20260 Does a consumer hardware company need to get on the VC treadmill to succeed? Eleven years and 290 million products sold across 115 countries later, PopSockets has proven…
Apps Meta burned $19 billion on VR last year, and 2026 won’t be any betterBy adminJanuary 29, 20260 Earlier this month, Meta laid off 10% of the staff for Reality Labs, its virtual reality unit, reportedly cutting as…
