Hacker News
Leaked OpenAI financials show $38.5B loss and compute burn
OpenAI is burning through capital at a staggering rate, with leaked financials revealing a $38.5 billion loss driven largely by compute costs. The figures underscore the brutal economics of frontier AI development, where infrastructure spending alone can dwarf revenue. For investors who poured $40 billion into the company's recent funding round, the numbers raise pointed questions about the timeline to profitability.
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SpaceX valuation balloons to $2.6T, briefly passes Amazon
SpaceX briefly surpassed Amazon in valuation after its shares surged, pushing the company's worth to $2.6 trillion — a $1 trillion gain in a single trading session. The milestone cements Elon Musk's rocket company as one of the most valuable entities on the planet. For private markets, the jump signals extraordinary investor appetite for space and defense technology at a scale once reserved for Big Tech.
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Stop Killing Games fails to secure EU law despite 1.3M signatures
The Stop Killing Games initiative fell short of triggering EU legislation despite gathering 1.3 million signatures, failing to meet the procedural requirements needed to compel a formal response from the European Commission. The campaign sought to require publishers to keep games playable after official support ends, targeting the practice of rendering titles permanently unplayable through server shutdowns. The defeat is a significant blow to consumer rights advocates, leaving players with no binding legal recourse when publishers choose to kill off titles they paid for.
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The Verge
Two-thirds of Americans think AI is advancing too quickly
A new Pew Research poll reveals a striking paradox: nearly half of Americans now use AI chatbots regularly, yet nearly two-thirds believe the technology is moving too fast. ChatGPT usage alone has doubled since 2023, reflecting rapid mainstream adoption even as public skepticism deepens. Perhaps most telling, only 16 percent of Americans expect AI to have a positive impact on society — a sobering signal for an industry betting its future on public trust.
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