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21 April 2026

Draft IPO prospectus: SpaceX debt grew from $14B in 2024 to $23B in 2025, tied to a $4.5B lease deal with Valor Equity for AI equipment such as chips for xAI (The Information)

The Information:
Draft IPO prospectus: SpaceX debt grew from $14B in 2024 to $23B in 2025, tied to a $4.5B lease deal with Valor Equity for AI equipment such as chips for xAI  —  SpaceX increased its debt load by nearly two-thirds last year, to about $23 billion at the end of 2025 from $14 billion the year prior.

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OpenAI says that ChatGPT Images 2.0 has a stronger understanding of non-Latin text rendering in languages like Japanese, Korean, Hindi, and Bengali (Amanda Silberling/TechCrunch)

Amanda Silberling / TechCrunch:
OpenAI says that ChatGPT Images 2.0 has a stronger understanding of non-Latin text rendering in languages like Japanese, Korean, Hindi, and Bengali  —  It used to be easy enough to distinguish between human-made and AI-generated imagery — just two years ago, you couldn't use image models …

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OpenAI says ChatGPT Images 2.0 comes in Instant and Thinking variants and can generate images of up to 2K resolution and in multiple aspect ratios (Zac Hall/9to5Mac)

Zac Hall / 9to5Mac:
OpenAI says ChatGPT Images 2.0 comes in Instant and Thinking variants and can generate images of up to 2K resolution and in multiple aspect ratios  —  OpenAI is announcing its upgraded ChatGPT image generation model with ChatGPT Images 2.  The company is also scaling up Codex for enterprise with a new Codex Labs initiative.

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OpenAI releases ChatGPT Images 2.0 with new "thinking capabilities", allowing it to search the web to help it create multiple images from a single prompt (Emma Roth/The Verge)

Emma Roth / The Verge:
OpenAI releases ChatGPT Images 2.0 with new “thinking capabilities”, allowing it to search the web to help it create multiple images from a single prompt  —  The update allows ChatGPT Images 2.0 to create a series of images based on one prompt.

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All-hands: Tim Cook said he's stepping down now to ensure the "best-ever transition," citing strong financials, an "incredible" pipeline, and Ternus' readiness (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
All-hands: Tim Cook said he's stepping down now to ensure the “best-ever transition,” citing strong financials, an “incredible” pipeline, and Ternus' readiness  —  Apple Inc.'s Tim Cook, who's stepping down as chief executive officer later this year …

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