SpaceX made more revenue as an AI company than a space company
SpaceX's AI division generated $2.6 billion in revenue but still lost $143 million, with the segment losing $1.5 billion in the quarter. The company is investing in AI compute capacity and enterprise products, while expanding its presence in the AI market through partnerships. Despite improved performance, SpaceX's shares declined after an initial enthusiasm following the AI division's success.
More from Theverge
I looked inside an AI generated movie, and the best parts were all human
Imagine a trio of bumbling, English lads who fantasize about becoming megastars while knocking back a few pints in a grimy pub somewhere in London. Picture the guys chortling and trying to one-up each other's idealized visions of the future with a series of increasingly glitzy fantasies in which their fame leads to access to […]
theverge.com··Mads Kristian Nylund·AI ToolsAI
Does Google even want to win at AI?
Today on Decoder, I’m talking with Hayden Field, The Verge’s senior AI reporter, about a question that’s been rocketing around the tech industry for the past week: Is Google losing the AI race? That’s because last week Google announced a bombshell reorganization of its AI division, Google DeepMind. Jeff Dean, the company’s chief scientist, is […]
theverge.com··Mads Kristian Nylund·AI ToolsAI GovernanceAI Competition
Microsoft is combining its Copilot apps ahead of a ‘super app’
Microsoft is finally beginning to combine its consumer and commercial Copilot AI assistants into a single "super app" interface, starting with the Copilot and Microsoft 365 Copilot apps. Both personal and work accounts will be moved to the new unified app, which recycles the "Microsoft Copilot" name but features an updated app icon. The single […]
theverge.com··Mads Kristian Nylund·AI ToolsAI InfrastructureAI Platforms