A new private space telescope project, funded by Eric and Wendy Schmidt, aims to surpass Hubble in size. The Lazuli observatory is part of a larger open-science system and could launch before 2030.
Solana Mobile is launching a new token, SKR, to support its open mobile platform centered on the Seeker smartphone. The fixed supply of 10 billion tokens will be used for staking and governance, managed by a group called Guardians starting in 2026.
Roku plans to take its budget-friendly, ad-free Howdy streaming service to other platforms. Launched last August for $2.99 a month, it targets a market gap left by pricier competitors. The CEO says they want to distribute it “everywhere.”
The AI startup Anthropic has signed a term sheet for a $10 billion funding round, according to CNBC. The deal would value the company at a staggering $350 billion, signaling continued massive investor appetite for generative AI leaders.
The private markets are heading for a year of stark contrasts. According to Fortune’s survey, capital is concentrating at the top, the middle is collapsing, and AI startups face a brutal reckoning. Meanwhile, private equity expects a 20% volume jump and a new focus on exits.
Investment firm Baird has upgraded chemical manufacturer Albemarle to ‘outperform’ from ‘neutral’. Analyst Ben Kallo nearly doubled his price target to $210, implying a potential 33% upside from current levels.
Serial entrepreneur Bill Harris, who was the founding CEO of PayPal for five months, now runs a self-funded IRA advisory called Evergreen Wealth. He credits his energy to a radically simple personal life, living in a small Miami Beach cottage and biking everywhere.
Jim Cramer’s market notes highlight Nvidia’s CES keynote announcing its Vera Rubin AI chips are in “full production.” Meanwhile, Wells Fargo got a surprising sell rating, and analysts are split on oilfield services and homebuilders.
Brex is taking a radical approach to enterprise AI, arguing that complex orchestration is now a bottleneck. Its “Agent Mesh” uses many small, specialized agents that chat in plain English to automate finance tasks, aiming for near-total invisibility.
The co-founders of Twitter and Pinterest have launched Tangle, an invite-only app focused on sharing personal goals. It’s part of a $29 million startup and a direct response to the “devastation” of modern social media.
