News

Fin-Tech and technology news explained from the inside out. The story behind the story.

SpaceX IPO: $135 Per Share, $75 Billion Raised, and a $1.77 Trillion Bet on What Orbit Becomes Worth

SpaceX IPO: $135 Per Share, $75 Billion Raised, and a $1.77 Trillion Bet on What Orbit Becomes Worth

SpaceX priced its IPO at $135 per share on June 11, listing on Nasdaq as SPCX on June 12. Here is what the deal structure and the financials actually say.

Claude Corps: Anthropic Puts $150 Million on the Acknowledgement That AI Disrupts the Workers Who Built It

Claude Corps: Anthropic Puts $150 Million on the Acknowledgement That AI Disrupts the Workers Who Built It

Anthropic confirmed Claude Corps, a $150M fellowship placing 1,000 workers in US nonprofits. What the programme structure reveals about AI's unresolved labour debt.

Infinite and CipherOwl: What GENIUS Act Compliance Actually Looks Like When a Fintech Builds for It

Infinite and CipherOwl: What GENIUS Act Compliance Actually Looks Like When a Fintech Builds for It

Infinite confirmed a single-vendor deal with CipherOwl on June 10, 2026. Here is what it reveals about what GENIUS Act compliance requires in practice.

Mastercard Agent Pay for Machines: AI Agents Now Have a Spending Identity and 30 Partners to Spend With

Mastercard Agent Pay for Machines: AI Agents Now Have a Spending Identity and 30 Partners to Spend With

Mastercard confirmed Agent Pay for Machines on June 10, 2026: a governed, multi-rail payment layer for AI agents across 30+ partners. Here is what it adds.

OpenAI Economic Research Exchange: What It Funds, What It Offers, and What It Asks of Researchers

OpenAI Economic Research Exchange: What It Funds, What It Offers, and What It Asks of Researchers

OpenAI opened applications for funded research on AI's economic effects, with proprietary data access and $25,000 grants. The ten priority questions reveal where the gaps are.

Meta America's Workforce Academy (AWA): Meta Guaranteed Jobs for Trade Workers Three Weeks After Cutting 8,000 of Its Own

Meta America's Workforce Academy (AWA): Meta Guaranteed Jobs for Trade Workers Three Weeks After Cutting 8,000 of Its Own

Meta is paying workers to train for trades, guaranteeing them jobs, and funding it with AI capex. Three weeks after cutting 8,000 staff, the strategy shift is visible.

OpenAI Files a Confidential S-1. It Also Says Going Public Can Wait.

OpenAI Files a Confidential S-1. It Also Says Going Public Can Wait.

OpenAI confirmed its confidential S-1 filing on June 8, 2026. No timeline, no price, no share count — and the company says it may stay private longer.