It’s ‘kind of jarring’: AI labs like Meta, Deepseek, and Xai earned some of the worst grades possible on an existential safety index

SpaceX, founded by Elon Musk, is reportedly discussing a record valuation that could exceed $800 billion, with plans for an initial public offering (IPO) as early as 2026. This valuation would surpass OpenAI's previous record of $500 billion, indicating significant investor confidence in SpaceX's future prospects.

SpaceX, the rocket manufacturing company founded by Elon Musk, is aiming for an $800 billion valuation in its latest share sale, which would position it as the most valuable start-up, surpassing OpenAI. This move reflects the company's ongoing growth and ambition in the competitive aerospace sector.

Dario Amodei, CEO of Anthropic, is advocating for a safe approach to artificial intelligence as the company prepares for a potential initial public offering (IPO). He believes that his leadership in developing powerful AI will benefit the world, positioning Anthropic as a key player in the competitive AI landscape.

OpenAI, which gained prominence with the launch of ChatGPT, is now facing intensified competition from Google, particularly with the introduction of its Gemini 3 AI model. This competitive landscape raises questions about OpenAI's ability to maintain its market lead and justify its $500 billion valuation.

Meta has announced a strategic shift, reallocating some of its investments from the metaverse to the development of AI smart glasses, as the company struggles to convince investors of the metaverse's viability. This decision comes amid a broader trend of reduced spending on metaverse initiatives, with reports indicating a potential cut of up to 30% in related expenditures.

Apple has appointed Meta's Newstead as its new general counsel, a move that comes amid significant executive changes within the company. This transition reflects Apple's ongoing efforts to strengthen its leadership team in response to evolving market dynamics.

The latest Market Talks provide insights into the performance of major tech companies, including Snowflake, Salesforce, Meta, and C3.ai, highlighting their recent earnings and market reactions. Salesforce reported a strong Q3 2026 performance, exceeding forecasts, while Snowflake faced challenges with its revenue outlook, leading to a decline in share price despite some positive earnings reports.

Meta is reportedly planning to reduce its metaverse spending by up to 30% as CEO Mark Zuckerberg shifts the company's focus towards artificial intelligence initiatives. This decision reflects a significant strategic pivot in response to evolving market conditions and internal assessments of project viability.