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.
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.
SpaceX reports Q3 revenue up 161% YoY
TL;DRSpaceX's Q3 revenue jumped 161% to $14.58B, with AI business exploding 830%.
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The Programmable Data Center — Evan Conrad, SF Compute
New platform lets users trade and settle GPU compute resources like financial assets.
Amazon plans to hire 300K+ US workers for seasonal, part-time
Amazon hiring 300K workers this holiday season, up 20% year-over-year at $20/hour average.
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.
Elon Musk ordered Starshield slowdown in Ukraine and discussed it
Musk slowed Starshield access in Ukraine; later discussed it with Trump.
Snap is paying Robert Downey Jr. to do the Iron Man thing
Snap hired Robert Downey Jr. to promote its AR glasses as a fake executive.
SpaceX says big AI growth fueled revenue jump
SpaceX revenue jumped 161% driven by AI and internet services, despite space losses.
Oura adds two new cardiovascular health tracking features to its smart
Oura smart rings now track cardiovascular health metrics to help users optimize workout intensity.