Business
Raytheon Wins $745 Million MDA Contract for SM-3 IIA Interceptors
Raytheon, an RTX business, won a $745 million Missile Defense Agency contract for SM-3 IIA interceptor production and sustainment through 2031.
AI
White House Completes Voluntary Frontier AI Testing Framework, Calls in Labs
The White House completed a voluntary framework for testing frontier AI models and invited OpenAI, Google, Anthropic, and Meta for review.
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OpenAI broadens GPT-5.6 release after restricted two-week preview
OpenAI broadened GPT-5.6 across ChatGPT, Codex and its API on July 9 after a limited preview, introducing Sol, Terra and Luna tiers.
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C3.ai Jumps After Earnings Beat as Siebel Flags Stronger AI Demand
C3.ai shares rallied after a quarterly earnings beat and upbeat AI demand comments, even as revenue declined and losses remained substantial.
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Nvidia, Palantir Launch AI Stack for U.S. Government Use
Nvidia and Palantir unveiled a U.S. government AI initiative using Nemotron open models in classified and air-gapped environments. No financial terms were discl
Editor's Pick
Anthropic and OpenAI Test the Rules for Valuing AI Revenue
AI · · 6 min read
Combined private-market valuations above $1 trillion rest on revenue growth that is real but far smaller, forcing investors to separate consumption run rate from durable recurring revenue.
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