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tech/startups

OpenAI expands Abu Dhabi partnerships across energy, government and investment

OpenAI is deepening its presence in Abu Dhabi through agreements with the UAE’s state-backed energy company ADNOC and technology group G42. The announcements came during a visit to the United Arab Emirates by OpenAI CEO Sam Altman. According to the reports, the agreements span energy, government and investment.

SBI Research Says AI-Related Debt Drives Magnificent Seven Borrowing to $578 Billion

Debt financing tied to artificial intelligence is contributing to a significant increase in borrowing by the Magnificent Seven technology companies, according to SBI Research. The report puts the group’s borrowing at $578 billion, representing a 45% increase. The figures indicate that AI-related capital needs are becoming a major

South Korea’s Lee Pledges Bold AI Investment in Record Budget Push

South Korean leader Lee has vowed to make bold investments in artificial intelligence within a record budget push, according to Reuters. The commitment places AI at the center of South Korea’s latest budget priorities and signals an intent to strengthen the country’s technological capabilities. Further details on the

Anthropic CEO warns AI could eliminate entry-level jobs as company heads to Wall Street

Anthropic is heading to Wall Street, according to a report, while the company's chief executive is warning that artificial intelligence could erase entry-level jobs. The announcement and warning together highlight a central tension in the AI economy: companies are moving deeper into the financial markets as they

OpenAI Reportedly Lowers Funding Target by $10 Billion

OpenAI has reportedly cut its funding target by $10 billion amid growing investor concern about the artificial intelligence market. The reduction points to a more cautious funding environment for major AI companies. No additional details were provided about the revised target, the reasons for the change, or how the funding

Starlink’s Subscriber Growth Points to a Potential Second Growth Engine for SpaceX

Starlink’s subscriber base is growing rapidly, potentially giving SpaceX a second major growth engine alongside its launch business. The development highlights the expanding reach of satellite internet and SpaceX’s position in the broadband market. If subscriber momentum continues, Starlink could become an increasingly important source of recurring revenue

Technology News

NASA Seeks Commercial Options to Extend Hubble’s Life

NASA is asking the commercial space industry for ideas that could keep the Hubble Space Telescope operating longer. The telescope’s orbit gradually declines because of Earth’s gravity, and Hubble is expected to reenter the atmosphere in the early to mid-2030s unless its orbit is raised. NASA Administrator