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The Guardian AIBusiness

SpaceX to list on US stock market at historic $1.77tn valuation

Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped Share your views on SpaceX’s stock market debut SpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company. Public trading began around midday with a starting share price of $150, which quickly jumped

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SpaceX to list on US stock market at historic $1.77tn valuation
The Guardian AIBusiness

Derbyshire police officer investigated over AI-generated ‘evidential material’

Unidentified officer removed from frontline duties in the first known case of its kind in the UK A police officer is under criminal investigation over the alleged use of artificial intelligence and has been removed from frontline duties in the first known case of its kind in the UK. The officer, who has not been named, is being investigated over allegations of using the technology to “create evidential material in a number of cases” and perverting the course of justice. <a hre

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Derbyshire police officer investigated over AI-generated ‘evidential material’
The Guardian AIBusiness

Share your views on SpaceX’s stock market debut

Americans’ financial futures are about to be tied to the fortunes of Elon Musk with the world’s largest ever stock market debut. How do you feel about this? Elon Musk’s SpaceX made the world’s largest ever stock market debut on Friday at a valuation of $1.77tn. It was also set to turn Musk into the world’s first-ever trillionaire. <a href="https://www.theguardian

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Share your views on SpaceX’s stock market debut
WiredBusiness

China Didn’t Make Americans Hate Data Centers

GOP lawmakers, tech investors, and even OpenAI have tied the anti-data-center movement in the US to Chinese interference. Experts say it’s much more complicated than that.

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China Didn’t Make Americans Hate Data Centers
The Verge AIBusiness

Siri is good now??

You'd be forgiven for thinking this day would never come. Siri has spent a decade and half somewhere between "sort of useful at a few things" and "utterly disastrous, why did I even try, can it honestly not even set a timer." But the wildest thing just happened: Apple put out a new version of […]

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Siri is good now??
The Verge AIBusiness

Elon Musk is the world’s first trillionaire

Elon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above […]

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Elon Musk is the world’s first trillionaire
TechCrunch AIBusiness

SpaceX, Anthropic, and OpenAI’s hot IPO summer

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]

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TechCrunch AIBusiness

It’s hot IPO summer, and the MANGOS are ripe

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]

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The Verge AIBusiness

SpaceX’s massive IPO: all the latest news

SpaceX’s IPO on Friday allows the public to buy shares of the combined rocket, AI, and social media company for the first time, and raised enough money to make Elon Musk the first trillionaire. He has more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home country of […]

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SpaceX’s massive IPO: all the latest news
The Verge AIBusiness

Jeff Bezos’ AI startup aims to build an ‘artificial general engineer’

Amazon founder Jeff Bezos says his new AI startup will work toward developing an "artificial general engineer," according to reports from The New York Times and CNBC. The startup, called Prometheus, aims to develop AI-powered engineering tools to aid in the design of physical products. The NYT first reported on Prometheus last November, but now […]

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Jeff Bezos’ AI startup aims to build an ‘artificial general engineer’