sec

A federal judge reluctantly approved a $1.5 million settlement between Elon Musk and the SEC over a stock disclosure violation, despite finding the penalty insufficient and expressing concerns about the deal.

SpaceX will announce news via its X account instead of newswires, as disclosed in an SEC filing, with the X account and investor page as official channels.

OpenAI's CRO claims Anthropic's $30 billion run rate is overstated by ~$8 billion due to gross accounting on cloud reseller transactions; the SEC may need to set precedent for AI companies using hyperscaler distribution.

OpenAI announced the confidential submission of a draft S-1 registration statement to the SEC for a potential initial public offering, though no timing has been decided.

Anthropic has confidentially submitted a draft S-1 registration statement to the SEC, indicating it may pursue an initial public offering pending SEC review.

Republican state attorneys general have asked the SEC to review Sam Altman's business dealings, potentially impacting his leadership at OpenAI.

Two news items: Google and Blackstone announced a $5B TPU cloud joint venture with 500MW expected online in 2027, introducing private infrastructure capital into AI infrastructure; if the SEC allows third-party tokenized stocks, it would benefit crypto trading platforms, but this has not yet materialized.