OpenAI acquires startup Orchestra Bio to beef up its biotech business
TL;DROpenAI bought biotech startup Orchestra Bio to strengthen its life sciences AI research tools.
Why it matters: AI companies expanding into biotech signals serious competition emerging in drug discovery and scientific research automation.
Report: Anthropic's draft S-1 shows it spent ~$9B on compute
TL;DRAnthropic's compute spending quadrupled to $9B in six months, with plans for $750B more.
Anthropic's IPO prospectus: H1 2026 revenue of $16.3B, ~20% from two
TL;DRAnthropic hit $16.3B revenue in H1 2026 but lost $80.7B, with two customers driving 20% of sales.
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SpaceX reports Q3 revenue up 161% YoY
SpaceX's Q3 revenue jumped 161% to $14.58B, with AI business exploding 830%.
SpaceX reports Q3 capex of $19.6B, up from $6.9B a year earlier, and Q3
SpaceX tripled capex to $19.6B; Starlink revenue jumped 69% to $5.2B.
PHP warns admins of two critical flaws, emergency patches coming
PHP releasing emergency patches tomorrow for two critical vulnerabilities after early leak.
Judge tosses sexual abuse lawsuit from Sam Altman's sister
Court dismissed Anne Altman's abuse lawsuit against her brother after she refused medical examination.
Netflix is telling investors not to worry, even though you’re watching
Netflix is prioritizing profits over growth as viewer engagement declines.
Super Micro Jumps After Preliminary Results Top Estimates
Super Micro's quarterly results beat expectations, sending stock higher.
Netflix says it expects FY 2026 ad revenue of ~$2.7B, under its ~$3B
Netflix missed ad revenue targets and faces margin pressure from layoff costs amid slower growth.
SpaceX’s AI business is beating expectations
SpaceX's AI division now generates more than half its revenue, outperforming expectations.
SpaceX Earnings Blow Past Wall Street Estimates
SpaceX doubled profit estimates in Q2, earning $4.4B despite massive spending.