Author: IQ TIMES MEDIA

SpaceX is hitting the road.Elon Musk’s rocket company is in the middle of its IPO roadshow, with SpaceX shares expected to make their public market listing debut late next week.After filing its public S-1, which revealed SpaceX recorded a $4.9 billion loss in 2025 on $18.7 billion in revenue, the company is now making its pitch to investors in an effort to drum up interest. That includes a custom website and a pitch from its CFO, Bret Johnsen.SpaceX’s pitch is 17 minutes and covers its products, financials, and vision for business on the moon. If don’t want to watch the…

Partiful likes to throw a party. It’s in the name.The events app, which has become the way Gen Z plans just about everything, threw a party during the New York Tech Week conference this week.”You might be wondering, ‘Why is Partiful throwing a party?'” Shreya Murthy, Partiful’s CEO, told the crowded room of Tech Week-goers.In part, it was to celebrate the startup’s first major leap toward actually making money as a social app: ticketing.Partiful recently rolled out paid tickets for events. The startup will now generate revenue from service fees added to ticket sales. Hosts earn the bulk of the…

Across the industry, companies are starting to balk at the price of AI. Uber blew through its entire 2026 AI coding budget by April. Microsoft revoked its developers’ Claude Code licenses months after enabling them. A Priceline employee told TechCrunch that a routine Cursor contract renewal came back 4-5x more expensive. Even though per-token prices have fallen, the push for more AI adoption and increasingly autonomous agents have driven token consumption higher and higher. Companies that gorged themselves in early 2025 on all-you-can-eat subscriptions are now scrambling to understand where their money is going, pull back spending, and figure out whether…

As CEO of Pydantic, the company behind one of the most widely used frameworks in AI development, Samuel Colvin sits at the center of the action.Pydantic works closely with leading frontier-model labs and AI developers, giving Colvin a front-row seat to the rapid evolution of models, agents, and coding tools. Investors are paying attention too: Silicon Valley powerhouse Sequoia Capital led Pydantic’s latest $12.5 million funding round.In a recent interview, Colvin shared where he thinks AI development is headed next, and what that means for the rest of us. This Q&A has been edited for length and clarity.Q: You work…

Blackstone-backed data center operator AirTrunk said on Friday it would invest $30 billion in India by 2030, adding to a wave of commitments from technology and infrastructure groups seeking to expand computing capacity in the country. The Australian company said it would develop 5 gigawatts of new data center capacity in India, one of the largest commitments to the South Asian nation’s digital infrastructure sector. AirTrunk entered India earlier this year through the acquisition of Lumina CloudInfra. AirTrunk’s commitment underlines India’s growing appeal as a destination for AI infrastructure, as tech companies and investors seek new geographies to expand computing…

Wall Street is going all out to sell SpaceX’s record-breaking IPO.Elon Musk’s rocket company kicked off its investor road show on Thursday with a major party at JPMorgan’s New York HQ, with CEO Jamie Dimon interviewing Musk in front of 3,500 of the bank’s top clients.The interview — which Musk tuned in for remotely — kicked off with Dimon effusively praising Musk as the “Edison of our time,” and a special guest appearance from the billionaire’s mother, Maye Musk.Musk’s pitch to the thousands of investors watching leaned heavily on SpaceX’s science-fiction ambitions.The world’s richest man said that the monster IPO,…

It’s like Christmas for two of Wall Street’s biggest banks.The headquarters of Goldman Sachs and Morgan Stanley decked their halls with SpaceX gear on Wednesday ahead of the rocket maker’s blockbuster IPO — a show of banker enthusiasm for what could be the largest market debut in history.Morgan Stanley draped its lobby entrance gates with SpaceX logos and its lobby wall with a giant mural of Mars, a nod to SpaceX’s lofty ambitions. Goldman Sachs plastered its lobby walls with renderings of Starship, SpaceX’s reusable rocket. It also touted its role as “lead left” bookrunner for the IPO. Morgan Stanley…

Silicon Valley is buzzing with concerns about excessive spending on AI. Executives at the startup Foyer aren’t worried — they have a simple budget-saving tactic.On the surface, Foyer, which makes an AI browser tool and an AI companion app, might seem like a poster child for running up AI costs. The company experiments liberally with AI, its CEO, Pratyush Rai, told Business Insider. Finance and marketing employees vibe code internal tools, while the startup’s developers try the newest versions of Anthropic’s Claude Code and OpenAI’s Codex.However, instead of shelling out for big enterprise plans, the startup saves thousands of dollars…

Mira Murati isn’t a natural creature of the conference stage. As the CTO of OpenAI, she was present but rarely the public face of the company. As CEO of her own company, Thinking Machines Lab, she has been even harder to find. So when she sat down with Bloomberg in San Francisco on Thursday — her first major media appearance in roughly 18 months — it was worth paying attention, even if she was careful not to say too much. The timing makes sense. Thinking Machines has spent the better part of a year and a half operating largely in…

Twelve “tech legends” walk into a bar and start getting picked off one by one — who would you trust to suss out the killer?You can get a glimpse into that scenario thanks to a new show that gathered a group of Silicon Valley elite — including OpenAI founder Sam Altman, Anduril founder Palmer Luckey, and biohacker Bryan Johnson — to play Mafia, a murder-mystery game of deception.The show, which launched Thursday on YouTube and X, is from Founders Fund, the San Francisco-based venture capital firm co-founded by Peter Thiel.For viewers unfamiliar with Mafia, the purpose of the game is…