Elon Musk reorganized xAI and folded it into SpaceX in an all-stock deal valuing SpaceX at $1 trillion and xAI at $250 billion. Co-founders Jimmy Ba and Tony Wu left earlier this week, while regulators in the U.S., Europe, and Asia are investigating Grok's explicit deepfake output. SpaceX aims to list later this year, with the IPO potentially reaching $1.5 trillion, according to Bloomberg.

In an update dated February 11, 2026, Meta said it will invest over $10 billion to build a data center in Lebanon, Indiana, and started construction. Separately, auditor Ernst & Young identified a $27 billion Louisiana joint venture as a "critical audit matter," with Meta's commitments and guarantees potentially reaching $45.95 billion.

Coinbase said in a Wednesday blog post that it is rolling out "Agentic Wallets," infrastructure built to let autonomous AI agents hold funds, send payments, trade tokens, earn yield, and transact onchain. The tool initially supports EVM chains and Solana, offers gasless transactions on Base Layer 2, and adds security guardrails and a CLI for management.

Google has introduced a feature that lets users purchase products directly within Search and Gemini AI, including items from retailers such as Walmart, Wayfair and Etsy. The system, which includes new ad formats and Direct Offers with real-time discounts, is part of Google's AI Mode and is being expanded through partnerships with Shopify, Walmart and Target to support full checkout, payments and digital identity.

On February 11, 2026, Cloudflare shares were up 12% for the week after topping Q4 estimates and lifting guidance. The company reported $615 million in revenue, up 34% year over year, and $0.28 EPS versus $0.27 expected, and projected Q1 revenue of $620–$621 million and full‑year $2.79–$2.80 billion as AI demand accelerated.

South Korea’s exports climbed 44.4% year over year in the first 10 days of February to $21.4 billion as demand for semiconductors linked to artificial intelligence accelerated. Chip shipments reached $6.7 billion, up 137.6%, while lawmakers enacted the AI Basic Act on January 30 addressing safety, deepfakes, misinformation, and mental health concerns.

On February 10, 2026, Alibaba released RynnBrain, an open-source embodied AI designed to enable robots to operate in physical environments. Trained on Qwen3‑VL, it comes in versions starting at 2 billion parameters and is available on GitHub and Hugging Face. Alibaba says the model surpassed Google's Gemini Robotics‑ER 1.5 and Nvidia's Cosmos‑Reason2 in benchmark evaluations.

On February 9, 2026, Ethereum co-founder Vitalik Buterin shared updated views on how Ethereum could become an economic infrastructure for AGI-related activity, enabling autonomous agents to transact and coordinate. He highlighted ERC-8004, zero-knowledge payments, and local LLM tooling as ways to support trust-minimized AI interactions, while also criticizing Solana's Anatoly Yakovenko for what he called an overly narrow focus on AGI. Buterin further argued that Ethereum and AGI should be guided by aligned philosophical principles, emphasizing human empowerment, security, and practical markets and governance reforms.