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SpaceX, Tesla, and xAI in talks to merge, Amazon is reportedly in talks to invest $50B in OpenAI, & Apple’s new M6 chip could launch surprisingly soon.
Table of Contents:
AI | Artificial Intelligence
Elon Musk’s SpaceX, Tesla, and xAI in talks to merge, according to reports
Sandisk stock soars 14% after blowout earnings report shows overwhelming AI demand
VC | Startup & Funding
Apple buys Israeli startup Q.ai as the AI race heats up
Amazon is reportedly in talks to invest $50B in OpenAI
HI | Hardware & Infrastructure
Apple’s new M6 chip could launch surprisingly soon, per report
Nvidia to reportedly shift 2028 chip production to Intel, reshaping TSMC strategy
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AI | Artificial Intelligence
Elon Musk’s SpaceX, Tesla, and xAI in talks to merge, according to reports
Elon Musk’s SpaceX, Tesla and xAI are engaged in early-stage discussions over potential merger scenarios that could fold at least one of the companies into SpaceX ahead of its planned IPO later this year.
One scenario under consideration would merge SpaceX and Tesla, while another could bring SpaceX and xAI together, potentially uniting assets from rockets and satellites to AI products like Grok under one corporate structure.
Recent corporate filings in Nevada for “K2 Merger Sub” entities suggest preparatory steps, but no formal agreements or public confirmations have been made by the companies involved.
Source: TechCrunch
Sandisk stock soars 14% after blowout earnings report shows overwhelming AI demand
SanDisk’s stock climbed sharply after the company posted fiscal second-quarter results that significantly outpaced analysts’ expectations, driven by booming demand for memory and storage tied to AI workloads.
The company reported adjusted earnings of $6.20 per share on $3.03 billion in revenue and forecasted even stronger fiscal third-quarter revenue and profit, with guidance well above consensus.
Surging data-center demand, particularly for AI applications, has tightened supply and supported higher pricing and margins across the memory market.
SanDisk also extended a major flash memory supply agreement, reinforcing long-term capacity amid ongoing industry shortages.
Source: CNBC
VC | Startup & Funding
Apple buys Israeli startup Q.ai as the AI race heats up
Apple has acquired Israeli AI startup Q.ai, known for imaging and machine-learning technology including capabilities to interpret whispered speech and enhance audio performance.
The deal, reported to be worth nearly $2 billion, is among Apple’s largest AI acquisitions and brings Q.ai’s founders and engineering team into Apple.
Apple intends to leverage Q.ai’s technology across devices, particularly for audio features and future products like Vision Pro, as part of its broader push into AI innovation.
Source: Tech Crunch
Amazon is reportedly in talks to invest $50B in OpenAI
Amazon is reportedly negotiating a potential investment of about $50 billion in OpenAI as part of a large funding round that could value the AI company near $830 billion.
The discussions are being led by Amazon CEO Andy Jassy and OpenAI CEO Sam Altman, according to reporting, and include interest from sovereign wealth funds and other major tech firms.
A deal of this scale would make Amazon a major investor in OpenAI and deepen its strategic engagement in AI, even as it maintains significant ties to competing firms like Anthropic through AWS infrastructure partnerships.
Source: Tech Crunch
HI | Hardware & Infrastructure
Apple’s new M6 chip could launch surprisingly soon, per report
Apple’s next-generation M6 chip might arrive sooner than typical product cycles, potentially debuting in the near future despite coming shortly after the recent M5 rollout.
This accelerated timing would be unusual given Apple’s recent chip cadence, though it aligns with the company’s rapid silicon development pattern.
The M6 could appear in some configurations ahead of currently expected product launches, but specific devices and launch dates remain unclear.
Source: 9to5Mac
Nvidia to reportedly shift 2028 chip production to Intel, reshaping TSMC strategy
Industry reporting indicates Nvidia may diversify its 2028 AI chip manufacturing by using Intel’s fabrication and advanced packaging capabilities for certain components, potentially reducing reliance on TSMC’s advanced nodes.
The shift is framed as part of broader diversification amid cost, capacity and geopolitical pressures affecting the semiconductor supply chain.
Under the reported structure, Intel could handle portions of advanced packaging and non-core production while TSMC continues to produce primary dies. This adjustment reflects industry trends toward multi-sourcing in high-performance computing hardware.
Source: Digitimes
Weekly Tech Pulse is written by the Axented team.
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