Conference hall at The Aerospace Corporation Campus for StrictlyVC Los Angeles event
AI News

Defense Tech, AI, and Fundraising Take Center Stage at StrictlyVC Los Angeles on June 18

StrictlyVC Los Angeles is set to take place on Thursday, June 18, at The Aerospace Corporation Campus in El Segundo, bringing together investors, founders, and technology leaders for an evening focused on venture capital, defense technology, artificial intelligence, and advanced industry. The event, which is now just two weeks away, offers a curated environment for […]

Developer workstation with AI agent policy file open on laptop screen
AI News

Microsoft launches open-source standard for controlling AI agent behavior

Microsoft released an open-source specification on Wednesday aimed at giving developers a more structured way to control what AI agents can do across different environments. The Agent Control Specification (ACS) provides a standard format for defining policies that govern agent behavior, replacing the ad-hoc methods many teams currently use. ACS allows developers, compliance officers, and […]

Interior view of a large AI data center with server racks and cooling systems, representing xAI's compute infrastructure for Grok.
AI News

SpaceX IPO Filing Reveals xAI Lost $6.4 Billion in 2025 — and the Spending Is Just Getting Started

Elon Musk’s artificial intelligence company xAI burned through $6.4 billion in operational losses last year on just $3.2 billion in revenue, according to confidential filings made public as part of SpaceX’s initial public offering. The numbers, revealed for the first time in audited financial documents, underscore the enormous cost of competing in the frontier AI […]

Robotic arm sorting aluminum scrap on a conveyor belt in a high-tech recycling facility.
AI News

Aluminum Prices Surge 20% as Recycling Startups Deploy AI to Tap Critical Mineral Supply

Aluminum prices have climbed roughly 20% in recent weeks, driven by escalating geopolitical tensions in the Gulf region, which accounts for about 10% of global aluminum production. The price surge comes as the U.S. government has already classified aluminum as a critical mineral, highlighting the nation’s heavy reliance on imports and the strategic importance of […]