The day in tech.

Alphabet's initial $900 million SpaceX investment is now worth approximately $94 billion, making it the largest institutional shareholder in the rocket company. The stake follows SpaceX's $86 billion IPO in June. Fidelity Investments and Saudi Arabia's PIF also hold substantial stakes.

SpaceX completed its $60 billion acquisition of AI coding startup Cursor, two months after formally announcing the deal. The move is central to Elon Musk's effort to compete with rivals Anthropic PBC and OpenAI.

China is poised to lift the travel ban on the founders of Manus, the AI startup. The move would allow the founders to travel internationally, following restrictions imposed earlier. The decision signals a shift in regulatory stance toward the company.

Nvidia is nearing a deal to guarantee about $100 billion in financing for a massive data center, halving an earlier $250 billion OpenAI data center backstop. The reduced commitment still represents one of the largest financing arrangements in the AI infrastructure buildout.

Goldman Sachs is talking with banks, insurers, asset managers and private credit firms about backing Nvidia's $500 billion AI infrastructure financing initiative. Nvidia unveiled the plan with Apollo, Blackstone, BlackRock, Brookfield, Goldman and KKR, with Goldman as sole lender. CEO Jensen Huang said Nvidia can backstop up to $125 billion.

Uber and Pony.ai will deploy over 2,000 robotaxis across four additional European cities, expanding their Zagreb service. Pony.ai provides Level 4 technology; Uber handles app access and payments. Middle East deployment is planned next.

Tesla plans to unveil its redesigned Roadster this month in McGregor, Texas, with a remotely operated SpaceX cold-gas thruster demo. The limited edition won't be street legal and could cost hundreds of thousands to millions. Reservation holders still await delivery.

Apple filed a motion asking a federal judge to order settlement talks with Epic Games before Magistrate Judge Joseph C. Spero, after Epic rejected Apple's initial approach. The request came alongside Apple's proposed 15% commission on purchases made through alternative payment systems outside the App Store.

Google's Pixel 11 Pro Fold launches in a changed market, landing as the fourth-best foldable mass markets can buy. The device brings welcome improvements, and its lower ranking benefits customers through increased competition and better value across the foldable segment.

OpenAI faces mounting upheaval as Sam Altman prepares an IPO push. The company's internal turmoil escalates alongside the planned public offering, according to the Financial Times report.