
Elon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above the $138 benchmark that gives Musk a 13-figure net worth. SpaceX combined Musk's rocket, AI, and social media platforms earlier this year, and said in its S-1
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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has 141,000 full-time employees. In its 2025 filing, Oracle said it had 162,000 employees. The reported 12.9 percent reduction followed March reports of mass layoffs at the database management software company. "[T]he adoption and deployment of AI technologies across

Stockholm-based startup Fika Jobs is building a video-first hiring platform that combines AI interview agents with short-form video profiles, creating something that feels like a cross between LinkedIn and TikTok.

Google DeepMind and A24 are teaming up to build AI filmmaking tools.
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