This digest covers SpaceX’s $60 billion stock acquisition of AI coding startup Cursor, Apple’s plans for camera-enabled AirPods and a foldable iPhone by 2027, and AWS’s new S3 annotations feature for rich object metadata. It also highlights a robot debut by Genesis AI, Snap’s $2,195 AR glasses, Meta’s engineering shakeup, and OpenAI’s mounting losses.

• SpaceX is acquiring AI coding startup Cursor for $60 billion in stock, pending regulatory approval, closing Q3.
• Apple plans a major 2027 product wave: camera-equipped AirPods, a foldable iPhone, and a 20th-anniversary iPhone model.
• AWS S3 now supports up to 1,000 editable metadata annotations per object (1 MB each, JSON/XML) without rewriting data.
• OpenAI's leaked financials show $13.07B revenue vs $19.18B expenses in 2025, widening losses to $6.1B (from $4.1B in 2024), despite targeting profitability by 2030.

Elon Musk revealed the AI1 satellite, a 70 m wingspan spacecraft carrying a 120 kW average (150 kW peak) AI compute payload powered by solar panels at 600 km orbit. It uses 110 m² of deployable radiators and interchangeable chip modules to run AI workloads off-grid.

• SpaceX's AI1 satellite has a 70m wingspan and delivers 120 kW average (150 kW peak) compute power using interchangeable chips from any vendor.
• Cooling requires 110 m² of radiators, far more efficient than the ISS's 422 m² for only 70 kW—though critics note Starlink's heat-rejection track record (1-3 kW per satellite) doesn't prove this scales.
• The reveal comes right before SpaceX's IPO targeting a $1.75 trillion valuation, alongside a $920 million-per-month deal with Google and FCC approval for up to a million such satellites.
• Skeptics like Sam Altman call the concept "ridiculous," citing launch costs, unfixable maintenance in orbit, and dependence on Starship becoming fully operational.