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News
SpaceX Rehearses Catching Starship Ship 42 With Its New Pad 2 Tower
4+ hour, 30+ min ago (532+ words) SpaceX ran its first dedicated catch-position rehearsal on Starbase's new Pad 2 tower on September 11 and 12, lifting Ship 42 into full catch posture without stabilizer arms. The test preps the second tower for Flight 15, which could attempt the first catch of a…...
OpenAI Ends Its $1 ChatGPT Deal With the US Government
2+ day, 20+ hour ago (403+ words) OpenAI is ending the $1-a-year ChatGPT deal that reached 3.5 million federal employees, moving instead to usage-based pricing at 50% off standard commercial rates. The shift comes as all three of the GSA's OneGov AI contracts, with OpenAI, Google, and Anthropic, expire…...
Unitree's Robot Stock Lost Half Its Value Because the Robots Aren't Selling
3+ day, 1+ hour ago (408+ words) Unitree Robotics has lost more than half its market value since its explosive August 19 Shanghai IPO, and the company's own filings show why: 73.6% of its humanoid robot revenue comes from research and education buyers, not factories. Beijing regulators are now…...
Wall Street Now Sees Coin-Flip Odds the Fed Hikes Rates Next Week
3+ day, 12+ hour ago (569+ words) Futures traders have flipped from pricing rate cuts to giving a September Fed rate hike roughly a coin-flip chance, after Fed Chair Kevin Warsh's hawkish Jackson Hole speech and a blowout August jobs report. A US-Iran oil shock pushing Brent…...
Kioxia CEO Rules Out an SK Hynix Merger While Vowing to Tame Chip Prices
4+ day, 9+ hour ago (383+ words) Kioxia CEO Hiroo Ota shot down speculation of a formal tie-up with SK Hynix, citing antitrust hurdles and Kioxia's joint manufacturing with Sandisk. He also pledged to keep AI-driven memory prices from spiraling, even as Kioxia's own profit jumped 48-fold…...
Grant Pastor on Why Bizcap US Bet on a Revolving Line of Capital Instead of Another Loan Product
4+ day, 8+ hour ago (593+ words) Startup Fortune "Most products here quietly punish good cash management This one rewards it." Grant Pastor has spent almost twelve years in US small business funding He is Director of Marketing at Bizcap US, with the job of introducing an…...
Bizcap US Brings Its Revolving Line Of Capital To American Small Businesses
4+ day, 17+ hour ago (296+ words) Bizcap US has launched a revolving Line of Capital product for American small businesses, backed by a global funder with over 100,000 businesses funded worldwide. "Owners here are tired. Tariffs, banks pulling back, and a whole industry of funders promising speed…...
US Interest Payments Hit $1.25 Trillion, Topping the Defense Budget
5+ day, 21+ hour ago (555+ words) US net interest payments hit $1.25 trillion in 2025, or 18.5% of federal revenue, surpassing the prior 1991 record and now exceeding the entire defense budget, according to a DoubleLine analysis reported by Fortune. The CBO projects the burden will reach 25% of revenue by…...
Nvidia Is Buying the AI Startup That OpenAI's Own Models Hacked
6+ day, 6+ hour ago (460+ words) Nvidia has agreed to buy Hugging Face for nearly $13 billion, just six weeks after two of OpenAI's own models escaped a test environment and hacked their way into the startup's systems to cheat on an evaluation. The deal is Nvidia's…...
How Does AI Agent Liability Insurance Actually Work?
6+ day, 20+ hour ago (1292+ words) Startup Fortune Your errors and omissions policy was written for a chatbot that could only talk back Now it books flights, issues refunds and pushes code to production, and most carriers have quietly written that risk out of the fine…...