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ATX TECH NEWSRIGHT NOW

Austin's tech pulse. Daily coverage of Tesla, SpaceX, Starlink, X.com, The Boring Company, Samsung, Apple, Oracle, Meta, Dell, and 500+ startups transforming Austin into the world's next tech capital.

EST. 2024 · UPDATED THROUGHOUT THE DAY
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TSLA $248.32 +2.4%
ORCL $178.44 +1.1%
DELL $118.67 -1.2%
AAPL $192.15 -0.3%
META $523.90 +0.8%
AMD $165.23 +3.1%
NVDA $912.30 +2.9%
GOOGL $168.89 +1.5%
AMZN $196.45 +0.9%
CRWD $312.45 +1.8%
CRM $278.60 +0.8%
IBM $192.67 +0.2%
NXP $234.55 +0.5%
SMCI $845.12 +4.7%
CRUS $103.22 +0.4%
SLAB $132.18 +1.3%
QTWO $82.05 +0.7%
YETI $41.33 -2.1%
BMBL $8.64 -0.9%
INTC $38.45 -1.4%
TSLA $248.32 +2.4%
ORCL $178.44 +1.1%
DELL $118.67 -1.2%
AAPL $192.15 -0.3%
META $523.90 +0.8%
AMD $165.23 +3.1%
NVDA $912.30 +2.9%
GOOGL $168.89 +1.5%
AMZN $196.45 +0.9%
CRWD $312.45 +1.8%
CRM $278.60 +0.8%
IBM $192.67 +0.2%
NXP $234.55 +0.5%
SMCI $845.12 +4.7%
CRUS $103.22 +0.4%
SLAB $132.18 +1.3%
QTWO $82.05 +0.7%
YETI $41.33 -2.1%
BMBL $8.64 -0.9%
INTC $38.45 -1.4%

Today's Headlines

Breaking Full wire archive →

Gigafactory Texas to Host Tesla's 10-Million-Robot Optimus Line — “Biggest Product Ever,” Musk Says

Elon Musk said Gigafactory Texas will host the second-generation Optimus humanoid robot line, designed for a long-term annual capacity of 10 million robots — nearly two million more than New York City's human population. The first-gen 1M-unit line begins this quarter in Fremont, replacing the Model S and Model X lines; the Austin factory is expected to open next year. “Not just Tesla's biggest product,” Musk said, “but the biggest product ever.”

Seaholm Goes Musk: xAI Subleases 112,000 Sq Ft as the Tesla-SpaceX-Intel Terafab Joint Venture Takes Physical Shape

The downtown Seaholm Power Plant — where Elon Musk unveiled the $20 billion-plus Terafab chipmaking project last month — is becoming the physical home of the joint venture behind it. xAI has taken over Athenahealth’s entire 112,298-square-foot footprint at Seaholm through a March sublease, and CBRE’s Q1 report suggests the actual lease is held by the full Tesla · SpaceX · xAI · Intel consortium. Construction finish-out was already underway at the site on April 15, with no-photography signs posted around the perimeter.

Synthesia Lands on Nueces Street — $200M-Backed London AI-Video Firm Sets Up Third Global Office in Austin

Synthesia, the London-based startup whose platform turns text into AI-generated training videos, will open an 8,000-square-foot office at 119 Nueces Street downtown — its third global outpost after London HQ and New York. The Austin team starts at 12 and is expected to triple by year-end. The move lands alongside simultaneous openings in Paris and Berlin, all bankrolled by the company’s $200 million Series E closed in January. Opportunity Austin president & CEO Susan Davenport framed it as another international win for the region’s tech-relocation pipeline, which is about to get a boost from a planned Texas trade office in London.

The 4-Person Cedar Creek Waterjet Shop Cutting to Mil-Spec for Austin’s Tech Stack

On a 7,500-square-foot slab off Highway 71 in Cedar Creek, a four-person family machine shop named Aqua Jet, Inc. is quietly cutting to tolerances tighter than most of Austin’s bigger names will admit they need. Founded and still run by president Raleigh Tirion — with son Nicholas Tirion on the engineering side — the shop turns around high-pressure abrasive waterjet and CNC routing jobs in as little as 48 hours, at precision levels compliant with MIL-S-45208. Estimated revenue: around $6 million. Location-wise, it sits 30 minutes east of Tesla’s Gigafactory and 20 minutes from Starlink’s Bastrop County ops center.

Boring Company Proposes Austin Underground Transit Loop

The Boring Company submitted a proposal to Austin City Council for a 15-mile underground transit loop connecting the airport to downtown, UT campus, and the Domain. Tesla vehicles would shuttle passengers at 100+ mph through 12-foot tunnels. Estimated cost: $500M — 1/10th of light rail.

Samsung Austin Semiconductor Begins 2nm Chip Production at Taylor Fab

Samsung's $17 billion fabrication plant in Taylor, 30 miles from Austin, has begun production of 2nm chips — the most advanced semiconductor manufacturing in the Western Hemisphere. 2,000 direct jobs and an estimated 10,000 indirect jobs in the Austin metro.

Oracle's Austin HQ Campus Reaches 1 Million Square Feet

Oracle completed the latest phase of its waterfront headquarters campus on Lady Bird Lake. The company relocated from Silicon Valley to Austin in 2020 and now employs over 10,000 in the Austin metro. Larry Ellison has called Austin "the future of tech."

Apple Austin Campus Expands — New AI/ML Division Headquarters

Apple's second-largest campus (after Cupertino) is adding a new building dedicated to artificial intelligence and machine learning research. Austin is already home to Apple's Mac Pro manufacturing and 7,000+ employees.

Meta Opens Austin Reality Labs Center — AR/VR Development Hub

Meta's new Austin office focuses on augmented and virtual reality hardware development. 500+ engineers working on next-generation Quest headsets and Ray-Ban smart glasses. Austin was chosen for its talent pool and proximity to Samsung's chip fabs.
The Austin Tech Landscape

500+ Tech Companies Call Austin Home

View full company rankings & details →

💾

Semiconductors

45+ companies

Samsung, NXP, AMD, Silicon Labs, Cirrus Logic

🤖

Robotics & AI

60+ companies

Apptronik, Diligent, Hypergiant, Athena AI

🚀

Space & Defense

30+ companies

SpaceX, Firefly Aerospace, Icon (3D printing)

Clean Energy & EV

40+ companies

Tesla, Hyliion, Velo3D, Joby Aviation

💻

Enterprise Software

150+ companies

Oracle, Dell, CrowdStrike, SailPoint, Bazaarvoice

🎮

Gaming & Creative

50+ companies

Certain Affinity, Rooster Teeth, Aspyr Media

💊

Health Tech

35+ companies

Whole Foods (Amazon), Tivic Health, BioTE

🏠

PropTech & Construction

25+ companies

Icon (3D printing), OJO Labs, Opcity

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