WASHINGTON (Reuters) -The U.S. Space Force said on Wednesday it has cleared Boeing and Lockheed Martin's Vulcan rocket to launch national security satellites for the United States. SpaceX was the first company to handle such missions. Vulcan certification adds launch capacity, resiliency, and flexibility needed by our nation's most critical space-based systems, said Brigadier General Kristin Panzenhagen, the program executive...

March 26 (Reuters) - OpenAI is not expecting its cash flow to turn positive until 2029, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The San Francisco-based artificial intelligence bellwether is grappling with significant costs from chips, data centers and talent needed to develop cutting-edge AI systems, according to the report. By 2029, OpenAI expects its...

02:55 PM EDT, 03/26/2025 (MT Newswires) -- Block (XYZ) plans to cut over 930 employees and move nearly 200 managers to non-management roles, The Guardian reported Wednesday, citing an internal email sent by co-founder Jack Dorsey on Tuesday. The company will also close nearly 800 open positions, according to Dorsey's email, as reported by the news outlet. The restructuring is...

03:02 PM EDT, 03/26/2025 (MT Newswires) -- Rivian Automotive ( RIVN ) said Wednesday that it has separated its micromobility business into a new company that will focus on small and lightweight vehicles. The new company -- called Also Inc. -- has secured a $105 million investment from venture capital firm Eclipse Ventures. The electric auto manufacturer said it is...