SpaceX Reports $7.6 Billion in Q3 Earnings, AI Growth Drives Revenue Surge!

SpaceX Reports $7.6 Billion in Q3 Earnings, AI Growth Drives Revenue Surge!
SpaceX has announced impressive revenues of $14.6 billion in Q3 2026, marking a 161% year-over-year increase, primarily due to the Super Intelligence (SI) segment. The SI division alone generated $7.6 billion, driven by new cloud services and the acquisition of Cursor. Connectivity revenues were at $5.2 billion, bolstered by 13.6 million Starlink subscribers. Despite a $7 million loss in Space operations, the quarter showcased significant growth in SpaceX's AI and connectivity sectors.
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SpaceX Reports $7.6 Billion in Q3 Earnings, AI Growth Drives Revenue Surge!

SpaceX Reports $7.6 Billion in Q3 Earnings, AI Growth Drives Revenue Surge!

SpaceX has announced impressive revenues of $14.6 billion in Q3 2026, marking a 161% year-over-year increase, primarily due to the Super Intelligence (SI...

Japan's Kumamoto Fab Gets Green Light for 3nm Chip Production!

Japan's Kumamoto Fab Gets Green Light for 3nm Chip Production!

Japan's Ministry of Economy, Trade and Industry has officially approved TSMC's revised plan for a second fabrication plant in Kumamoto, aimed at producin...

d-Matrix Revolutionizes AI Inference with Lightning-Fast Architecture at OCP Summit

d-Matrix Revolutionizes AI Inference with Lightning-Fast Architecture at OCP Summit

At the Open Compute Project Summit, d-Matrix showcased a groundbreaking live inference pipeline, achieving a 50.6% reduction in time per output token, de...

Co-Packaged Optics Breaks New Ground at OCP Summit!

Co-Packaged Optics Breaks New Ground at OCP Summit!

At the recent OCP Global Summit, Wiwynn, Ayar Labs, and GUC showcased a groundbreaking live demonstration of co-packaged optics (CPO) in a rack system. T...

Tencent Unveils Revolutionary Hy-Memory-30B-A3B, Boosting AI Memory Capabilities

Tencent Unveils Revolutionary Hy-Memory-30B-A3B, Boosting AI Memory Capabilities

On October 15, Tencent launched Hy-Memory-30B-A3B, a 30-billion-parameter model aimed at enhancing AI memory with open-source accessibility. The model re...

Infineon and Wolfspeed Elevate SiC Production with Major Supply Deal

Infineon and Wolfspeed Elevate SiC Production with Major Supply Deal

Infineon Technologies and Wolfspeed have upgraded their silicon carbide wafer supply agreement from 150mm to 200mm wafers, enhancing supply chain resilie...

SK Hynix Unveils CXL Hybrid Memory Product with XCENA's Groundbreaking MX1 Chip

SK Hynix Unveils CXL Hybrid Memory Product with XCENA's Groundbreaking MX1 Chip

At the OCP Global Summit 2026, SK Hynix officially launched its CXL Hybrid Memory product utilizing XCENA's MX1 chip, marking a significant transition fr...

Lenovo's Legion Go S: Powerful SteamOS Handheld Now on Sale!

Lenovo's Legion Go S: Powerful SteamOS Handheld Now on Sale!

Lenovo's Legion Go S handheld, equipped with SteamOS and a Ryzen Z1 Extreme processor, is now available at a discounted price of $999.99. It boasts doubl...

Meta Removes Controversial Scraping Language from Terms

Meta Removes Controversial Scraping Language from Terms

Meta has revised its terms to eliminate language that experts claimed permitted the scraping of news sites for AI training. This change follows significa...

AI Breakthrough: GLM-5.3 Demonstrates Update-Aware Reasoning

AI Breakthrough: GLM-5.3 Demonstrates Update-Aware Reasoning

Beijing-based Z.ai’s GLM-5.3 AI model has exhibited spontaneous 'update-aware reasoning', making it the first AI to acknowledge its training behavior's e...

BesselAI Unveils Ambitious AI Infrastructure Roadmap to 200,000 GPUs by 2030

BesselAI Unveils Ambitious AI Infrastructure Roadmap to 200,000 GPUs by 2030

BesselAI, a South Korean neocloud operator, revealed a detailed roadmap to expand its GPU infrastructure from 7,000 to 200,000 GPUs by 2030. Its Fluid Co...

Bluesky's Attie Expands AI Tools for Collaborative Digital Creation

Bluesky's Attie Expands AI Tools for Collaborative Digital Creation

Bluesky has unveiled new features for its AI platform, Attie, allowing users to create websites, quizzes, games, and more without coding skills. Dubbed '...

Amazon Launches Bee Devices: A New Era in AI Wearables

Amazon Launches Bee Devices: A New Era in AI Wearables

Amazon has unveiled two innovative AI wearables, the Bee Frontier and Bee Eclipse, designed to capture and summarize daily conversations. The Frontier, p...

Singapore Unveils Groundbreaking AI Safety Framework

Singapore Unveils Groundbreaking AI Safety Framework

On October 15, Singapore introduced three key initiatives to ensure the safe deployment of autonomous AI agents. The Starter Kit for Testing Agentic Syst...

Microsoft Optimizes Windows for AI-Powered RTX Spark Laptops!

Microsoft Optimizes Windows for AI-Powered RTX Spark Laptops!

Microsoft is optimizing Windows for the recently launched RTX Spark laptops featuring Arm-based chips and powerful GPUs. New features include a quick two...

SK Hynix Unveils Revolutionary 3D Stacked DRAM at SEDEX 2026!

SK Hynix Unveils Revolutionary 3D Stacked DRAM at SEDEX 2026!

At SEDEX 2026, SK Hynix's Ahn Hyun revealed a groundbreaking 3D Stacked DRAM architecture that bonds DRAM directly to processors, set for mass production...