AI & RoboticsNews

xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over

May 21, 2026
Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO filings. And the losses are poised to grow. SpaceX’s filing reveals plans to scale Grok to “multiple trillions of parameters,” a dramatic boost that will likely require significant additional compute spend. Elon Musk merged his AI company xAI – which had previously…
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AI & RoboticsNews

Google updates its Gemini app to take on ChatGPT and Claude at IO 2026

May 20, 2026
At its annual Google I/O event on Tuesday, Google announced that the Gemini app is getting a series of new updates, including a “Daily Brief” feature, a redesigned interface, access to a new AI video model called Gemini Omni, and new personal AI agent called Gemini Spark. The updates signal Google’s push to turn its Gemini app into an all-purpose AI hub rather than a stand-alone chatbot and…
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AI & RoboticsNews

SandboxAQ brings its drug discovery models to Claude — no PhD in computing required

May 19, 2026
Drug discovery is one of the most expensive pursuits in modern industry. Finding a single viable molecule can take a decade and cost billions, and most candidates still don’t make it. A generation of AI startups has promised to fix that – most have made the problem less painful for researchers, who are already technically sophisticated enough to use the tools. But SandboxAQ thinks the…
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AI & RoboticsNews

OpenAI launches ChatGPT for personal finance, will let you connect bank accounts

May 18, 2026
On Friday, OpenAI launched a new set of personal finance tools in preview for ChatGPT Pro subscribers in the U.S., letting them connect their accounts and ask questions ranging from spending analysis to future financial planning. OpenAI has partnered with the financial connection service Plaid to manage the account connections. Users can connect to over 12,000 financial institutions, including…
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