On February 6, 2026, reports detailed how Elon Musk used a triangular merger to place xAI under SpaceX while keeping xAI as a separate subsidiary. The all‑stock deal valued xAI at $250 billion and SpaceX at $1 trillion, allowed xAI shareholders to defer taxes on new SpaceX shares, and avoided triggering repayment on more than $17 billion of xAI debt. SpaceX’s pre‑IPO valuation has been marked at $1.25 trillion, while investors and analysts continue to assess how the expanded mix of space, AI, and social media activities affects the planned IPO.

On February 5, 2026, coverage highlighted Kevin Warsh’s view that an AI-fueled productivity surge could let the Fed lower rates over time without reigniting inflation. Trump allies back aggressive easing toward a 1% policy rate from the current 3.5–3.75% range, while several economists caution that AI’s benefits may lag demand, risking inflation.

On 5 February 2026, banks were described as rebuilding their core systems and workflows around artificial intelligence, moving beyond chatbots and basic automation. AI is being embedded into decision-making, customer interactions, lending, payments, and real-time risk and compliance, with the aim of speeding up processes, cutting costs, and enabling more personalized services.

On February 5, 2026, the U.S. Federal Communications Commission opened a formal public review of SpaceX's proposal to deploy a non-geostationary orbital data center system for AI computing. SpaceX seeks approval to operate up to 1 million data-center-style satellites between 500 and 2,000 kilometers in altitude, linking them with optical inter-satellite connections and coordinating with its Starlink constellation. The initiative is intended to provide energy-efficient AI compute in space and is now subject to a comment period running through March 6.

On Wednesday's earnings call, Alphabet highlighted that AI is lifting results across its businesses after launching Gemini 3. CEO Sundar Pichai said the Gemini app exceeded 750 million monthly users by the end of the December quarter, while the company signaled 2026 capital spending of $175–$185 billion and reported 48% cloud revenue growth.

On February 4, 2026 in Dubai, BNB Chain announced support for ERC-8004, an on-chain identity standard that enables autonomous AI agents to maintain verifiable, portable identities across platforms. The community also introduced BAP-578 as the first BNB Application Proposal, defining a Non-Fungible Agent standard that allows AI agents to exist and operate as onchain assets within the BNB Chain ecosystem.

On February 4, 2026, Sam Altman said he would not block an AI model from eventually succeeding him at OpenAI. He joined Larry Ellison and Masayoshi Son on the first day of President Trump's second term to unveil Project Stargate, a $500 billion AI infrastructure plan. Employees, according to Forbes, voiced concerns about the company's pace and missing Apple's Siri deal to Google.

On February 4, MediaTek warned that surging AI demand is straining global chip supply and raising costs, and said it will adjust pricing and allocate supply based on profitability. The company reported fourth‑quarter revenue of $4.76 billion, up 8.8% year over year, while net income declined 3.6% to T$23.1 billion.