| Mobile Web

Search results for New Mexico

Industry

Virgin Galactic unveils next-generation spacecraft Apeiron

U.S. private space company Virgin Galactic unveiled Apeiron, its first Delta-class space tourism spacecraft, and began full-scale preparations for flight testing. The company moved the vehicle from its Mesa, Arizona plant to Spaceport America in New Mexico using the carrier aircraft VMS Eve. It plans to complete avionics and flight-software integration and verification before ground tests and a rocket-powered flight test reaching above 80 km. Virgin Galactic is targeting its first commercial flight in early Q2 2027.

AI & Enterprise

Meta third-quarter revenue up 26 percent, to create non-voting shares to fund AI investment

Meta will issue new non-voting shares to raise funds for AI investment, The Wall Street Journal reported. The company disclosed plans to create Class C common stock that will take effect in January 2027 and will not affect CEO Mark Zuckerberg’s voting control. Meta reported third-quarter revenue of $64.6 billion, up 26 percent, while net profit of $9.8 billion missed analysts’ estimates, pressured by a $9.9 billion settlement cost.

AI & Enterprise

OpenAI tops Anthropic in paid AI spending across 47 U.S. states

OpenAI outpaced Anthropic in U.S. consumer spending on paid AI services in 47 of 50 states, based on an analysis of credit and debit card payments from June to August by YipitData. Anthropic led in California, Massachusetts and Montana, and Claude spending was also higher in Washington, D.C. The data exclude free users and may not fully capture corporate spending. a16z said the figures do not represent total revenue.