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microsoft is cutting 4,800 jobs. SK Hynix is doing the second-biggest US IPO ever. and xAI officially became SpaceXAI.

spacex reportedly has an AI phone prototype. openai is talking about giving the US government a 5% stake. and 140+ major companies teamed up on a stablecoin.

anthropic's fable 5 is back after 3 weeks. rocket lab bought a satellite company. robinhood launched its own blockchain. and meta considered buying kalshi.

the iran peace deal nearly fell apart this week. anthropic got partially unbanned. and meta is building a prediction markets app.

the same week AI minted a $41 billion quarter at micron, it cut 21,000 jobs at oracle.