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SPACEX INVESTMENT
Inside Ron Baron's $66 billion portfolio: A SpaceX problem and a Tesla cushionRon Baron’s portfolio, valued at about $66 billion, is led by SpaceX, Tesla, MSCI, Arch Capital and Gartner. The holdings reflect a focus o...
AI’s trillion-dollar question: What happens if the boom slows?AI leaders urge a slowdown in advanced model development for safety measures. This call has caused significant market reactions and stock p...
Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPOSB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listi...
Global AI stocks fall as industry chiefs call for slowing developmentAnthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model...
AI infrastructure struggling to keep pace with surging demand; real economy holds bigger opportunity: Goldman SachsAt the same time, the technology industry is debating whether to slow the pace of AI development. Anthropic CEO Dario Amodei advocated slow...
Nvidia in talks to invest in Anthropic's mega IPOAnthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the peopl...
MDR on UPI coming soon; India's new class of robot workersHappy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in to...
What to know about Europe's push to compete in space and what it still can't do without AmericaEuropean nations convened a summit to address competition in the global space market. Concerns about reliance on foreign satellite services...
ISRO takes NASA route, plans to outsource routine rocketryThe proposed shift has triggered concerns within the space agency, with nine employee associations writing to the Department of Space in a ...
Jio IPO: Ambani’s tech titan listing story isn’t yet credible: ViewMukesh Ambani is pitching Jio Platforms as more than a telecom company ahead of its IPO, highlighting thousands of patents, AI and propriet...
- Texas Republicans turn against data centers, putting Big Tech on notice
In a surprising turn, Republican leaders are now standing against data center projects due to increasing public resistance. This developmen...
Musk’s $60 billion Cursor bet has an Indian link: Meet 26-year-old Aman Sanger caught in Sam Altman feudAman Sanger, the 26-year-old co-founder of AI coding startup Cursor, is at the centre of Elon Musk’s $60 billion SpaceX acquisition. Born t...
AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
Andreessen Horowitz raises $1.1 billion for AI infrastructure fundThe “Machine Age Fund” will invest in AI computer infrastructure such as chips, memory, networking and storage, the firm said in a blog pos...
Anthropic to rent AI computing power from Nscale for $45 billionAnthropic has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Co...
Donald Trump bought up to $50,000 worth SpaceX shares in June, financial disclosure showsUS President Donald Trump invested up to fifty thousand dollars in Elon Musk's SpaceX company. This investment occurred on June twenty-thir...
India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy DasIndia faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and ...
Orbital data center startup Starcloud valued at $2.3 billion in latest fundingSpaceX's blockbuster IPO has rekindled investor interest in the space industry, including in emerging areas such as orbital data centers.
How a $900 million bet on SpaceX turned 100x into $94 billion for AlphabetAlphabet's initial $900 million SpaceX investment is now worth approximately $94 billion. This significant return makes Alphabet the larges...
Alphabet's SpaceX bet grows 100-fold over a decade to $94 billionAlphabet has emerged as by far the largest single institutional holder of SpaceX following its $86 billion IPO in June, according to a Reut...