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News Powered By AI

Google’s Managed Agents API promises one-call deployment at the cost of execution layer control

by News Feed Editor | May 20, 2026 | Technology

At Google I/O, the company unveiled Managed Agents in its Gemini API — a service that promises to collapse weeks of agent deployment work into a single API call. It’s also a sign that Google believes its ecosystem, including the newly launched Antigravity CLI,...
xAI burned .4B last year — SpaceX’s IPO filing shows why the spending is far from over

xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over

by News Feed Editor | May 20, 2026 | Technology

Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO filings. And the losses are poised to grow. SpaceX’s filing reveals plans to scale Grok to “multiple trillions of parameters,” a dramatic boost that...
Musk’s xAI is being sued over its data center generators. Now, it’s buying .8B more.

Musk’s xAI is being sued over its data center generators. Now, it’s buying $2.8B more.

by News Feed Editor | May 20, 2026 | Technology

Elon Musk’s xAI has gotten itself in hot water over its use of polluting generators at its data center near Memphis, Tennessee. Now, it wants to buy even more of them. In SpaceX’s IPO filing, released Wednesday, the company said its xAI division will buy another $2.8...
Anthropic will pay xAI .25 billion per month for compute

Anthropic will pay xAI $1.25 billion per month for compute

by News Feed Editor | May 20, 2026 | Technology

Earlier this month, Anthropic surprised the AI world with a deal to buy 300 megawatts worth of compute — securing the entire output of the Colossus 1 data center near Memphis, Tennessee.  Turns out, compute at that scale isn’t cheap. Anthropic will be paying xAI $1.25...
Sam Altman makes ‘mic drop’ offer to every Y Combinator startup

Sam Altman makes ‘mic drop’ offer to every Y Combinator startup

by News Feed Editor | May 20, 2026 | Technology

During a Y Combinator event on Tuesday night, Sam Altman had what YC partner Tyler Bosmeny called a “mic drop moment.” Altman offered $2 million worth of OpenAI tokens to every startup in the current class in exchange for equity in the startup. In other words, he...
You don’t need to be an AI startup to raise. Lucra has M to prove it. 

You don’t need to be an AI startup to raise. Lucra has $20M to prove it. 

by News Feed Editor | May 20, 2026 | Technology

Loading the player… Slapping “AI” on your startup’s pitch deck is basically table stakes right now. When a founder raised $20 million from Cathie Wood’s ARK Invest for an eSports gamification loyalty startup without those two letters in the spotlight, it got us...
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