Alaska Air Group is the latest US air carrier to shore up its premium seating offerings — part of an industry-wide boom to cater to passengers who will pay more for premium perks. On Tuesday, Alaska Air Group, which operates Alaska Airlines and Hawaiian Airlines, unveiled a new premium economy cabin called “Premium Reserve” and
SpaceX is cashing in on the surging demand for AI compute. CFO Bret Johnsen told a Goldman Sachs conference on Thursday that SpaceX had clinched another major data center deal worth over $1 billion a month. “Just earlier this month, we closed another hosting deal, and that translates into about $1.11 billion a month starting
Anthropic posted — and then deleted — a job listing for a salesperson tasked with selling to Meta, its AI rival and one of its largest customers. The listing, titled “Mega Account Executive, Meta,” appeared on Anthropic’s job board at a delicate moment for the companies’ relationship. Meta still spends hundreds of millions of dollars
The Trump administration announced Friday that it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against Golden Global Yatirim Bankasi Anonim Sirketi come after Treasury Secretary Scott Bessent last week launched “Operation Economic Outcast,” Washington’s new effort to isolate already heavily
If there’s one thing that AI companies are known for, it’s their fondness for seemingly incomprehensible numbers. Over the last few years, the industry has seen eye-watering salaries, unprecedented adoption figures, and never-before-recorded capital expenditure. Now come total addressable market estimates—known as TAMs—worth roughly 40% of the entire US equity market. AI lab Anthropic, reportedly
For years, American Airlines bet that travelers would rather watch in-flight movies on their own phones or tablets. No more. On Tuesday, the airline said it plans to install seatback entertainment screens on around 800 single-aisle jets. New Airbus and Boeing jets with the screens will begin arriving in 2028, with retrofits on its existing
