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XAI reorganizes its engineering team ahead of SpaceX IPO

Elon MuskBloomberg/Getty ImagesA SpaceX exec announced another xAI reorganization this week.The company's organizational structure has been in a state of flux in recent months.Several xAI cofounders left the company after it was acquired by SpaceX in February.As Elon Musk's xAI merges more closely with SpaceX ahead of the space giant's blockbuster IPO, the AI company …

Here’s what smart people are saying about Trump’s ceasefire deal with Iran

Donald Trump announced a last-minute ceasefire deal with Iran on Tuesday evening. Business leaders and foreign policy experts responded with mixed reactions.Alex Wong/Getty ImagesOn Tuesday evening, President Donald Trump announced a last-minute ceasefire deal with Iran.Reactions to the news largely split along partisan lines.Analysts cautioned that the deal is temporary, and tensions could flare again.President …

Mercor hit with 5 contractor lawsuits in a week over data breach

Mercor CEO Brendan Foody.Craig T Fruchtman/Getty ImagesContractors said in at least five lawsuits that AI training startup Mercor exposed their data to hackers.Mercor said last week it was "impacted" by compromised LiteLLM software.One of the suits seeks to hold LiteLLM, security audit firm Delve, and others liable.Contractors filed five lawsuits against Mercor, the AI training …

Trump says he’s extending the deadline for Iran by 2 weeks in exchange for immediate opening of the Strait of Hormuz

Brendan SMIALOWSKI / AFP via Getty ImagesPresident Donald Trump is extending the Iran deal deadline by two weeks for negotiations.The Dow surged as investors reacted to Trump's ceasefire announcement and negotiation hopes.Oil prices dropped on the news.President Donald Trump said he would extend a deadline for a deal with Iran by two weeks if the …

Software isn’t dying, it’s just disappearing from our view

PixeloneStocker/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.The software industry is in a fight for its life. But it's got a plan.The "SaaSpocalypse" is one of the big themes of 2026, with people arguing AI could kill the software business. Why pay for …