With SpaceX set to become the first AI-era giant to go public on Friday, governments on both sides of the Atlantic are racing to define their relationship with the industry. Washington is in talks with OpenAI about a government equity stake; Brussels has unveiled a new tech sovereignty package. On this week's Tech 24, we lay out the two very different visions of how to shape artificial intelligence's future.
Microsoft's autonomy in AI development could reshape the tech landscape, intensifying competition and impacting AI and crypto market dynamics.
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SpaceX's entry into AI infrastructure with Google deal diversifies its portfolio, potentially stabilizing future IPO prospects with steady revenue.
The post SpaceX signs $30B deal to lease computing capacity to Google appeared first on Crypto Briefing.
On this week’s episode, host and the founder of AI advisory firm Intelligence Briefing Andreas Welsch brought together Maya Mikhailov, cofounder and CEO of Savvi AI, and Doug Shannon, generative AI and intelligent automation leader, to cover a handful of interconnected topics that practitioners are navigating right now: OpenAI’s push into personal finance, the role […]
The delay in SpaceX's S&P 500 inclusion highlights challenges for mega-cap IPOs, affecting investor strategies and market dynamics significantly.
The post SpaceX faces lengthy wait for S&P 500 inclusion after rules change rejection appeared first on Crypto Briefing.
Expenditure is growing fast and consumer take-up accelerating. But alarm bells are sounding
The race is very much on. Elon Musk’s SpaceX, which makes AI models as well as space rockets, announced last week it is seeking a $1.77tn (£1.31tn) valuation on the US stock market while Anthropic, the startup behind the Claude chatbot, said it had filed for an initial public offering. OpenAI, the developer of ChatGPT, is expected to follow.
This latest peak in the AI market comes amid a multitrillion-dollar spending spree on related infrastructure such as datacentres. Meanwhile, companies are attempting to deploy the technology in a way that makes investing in it worthwhile. Here’s a look at what stage the AI boom is at and six key charts that tell us how we got here.
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Backlash against AI is taking an extremist turn, following in the footsteps of earlier techno-pessimist militants
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When a 20-year-old man from Texas was arrested earlier this year for allegedly trying to burn down OpenAI’s headquarters and Sam Altman’s house, authorities found an anti-AI manifesto alongside his lighter and a jug of kerosene. It was one of a spate of attacks that has caused alarm among researchers, the tech industry and law enforcement about the rise of anti-tech extremism.
In April, an Italian “nature pilled” Instagram influencer was arrested in Rome and charged with plotting a series of anti-tech attacks that took inspiration from Ted “The Unabomber” Kaczynski. Two self-described “ecofascists” that carried out a deadly anti-Muslim attack on a mosque in San Diego last month also cited “AI slop” and JD Vance’s ties to Palantir as motivations for their violence in their manifesto. An Indianapolis city councilor woke up
SpaceX's AI compute deals with Google and Anthropic could significantly boost its revenue, enhancing its IPO prospects and market valuation.
The post SpaceX signs $920M monthly AI compute deal with Google through 2029 appeared first on Crypto Briefing.