SpaceX is moving forward with a $60 billion all-stock deal to acquire the AI coding company Cursor.

Google is launching new enterprise AI products, including an agentic coworker for business teams called Genie-1 and a cost-control tool named Unity AI Gateway.

On its third day of trading, June 16, 2026, SpaceX's stock rose by as much as 17%, briefly surpassing Microsoft in market value.

Anthropic is meeting with US officials to resolve a national security dispute with the Trump administration concerning foreign access to its most advanced AI models.

In response to a U.S. Commerce Department export control, Anthropic temporarily suspended global access to its Mythos and Fable models.

SpaceX's prospectus states that orbital data centers could be operational as early as 2028.

Nvidia sold $25 billion in investment-grade debt, with investor orders exceeding $85 billion.

The U.S. Commerce Department issued an export control that blocked foreign national access to Anthropic's Mythos and Fable AI models.

According to the Financial Times, OpenAI spent over $34 billion on expenses in 2025, which led to an 8-fold increase in its net losses.

Starship is designed to carry a payload of 135 to 150 metric tons to orbit, with future iterations potentially reaching 400 metric tons.