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News
Texas Put AI Data Centers on Notice. Meta and Digital Realty Already Chose Their Side
1+ hour, 43+ min ago (366+ words) Texas is no longer treating every proposed data center as an automatic addition to the grid. On August 3, Governor Greg Abbott ordered an audit of projects moving through ERCOT's interconnection process, which contained more than 474 gigawatts of requests, over five…...
SPCX CFO Bret Johnsen Says China Has an ‘Amazing Space Program’ — But It’s ‘Not on a Starship Level’
20+ hour, 48+ min ago (42+ words) Space Exploration Technologies Corp. CFO Bret Johnsen said China has an "amazing space program" but still falls far short of matching Starship, arguing SpaceX’s reusable launch system could become an advantage as the company pushes artificial intelligence infrastructure into orbit.......
Elon Musk's Underground Bet Just Got a Much Bigger Backer
4+ day, 8+ hour ago (205+ words) Elon Musk's The Boring Company, the private infrastructure startup building underground transportation networks, just landed one of its biggest votes of confidence yet. The company raised $3 billion in a Series D funding round led by the United Arab Emirates and…...
Americans are losing faith in capitalism. The problem isn’t capitalism
5+ day, 7+ hour ago (146+ words) The public seems to think that shareholder value is a loss for consumers. A Yale research project with over 200 CEO interviews reveals something else....
‘Humanity is dying out’: Elon Musk warns America needs more babies — and a major Social Security risk emerges beneath it
5+ day, 5+ hour ago (1020+ words) The storm isn’t just coming. It’s here....
Backswing Ventures: What SpaceX's 24-Year Road to IPO Says About Chasing Unicorns
6+ day, 4+ hour ago (661+ words) The Orlando-based defense venture capital firm underwrites every investment for a 3-5x return on its own, arguing that a portfolio built to depend on one breakout winner is a slower and riskier way to generate returns than the industry assumes. ORLANDO,…...
‘Former Trillionaire’ Elon Musk Says Life Can’t Always Be About the ‘Problems’ Every Day — ‘We Gotta Do Things That Make Us Want to Live’
1+ week, 4+ day ago (315+ words) A billion-dollar bank account won’t make every problem disappear. But it might make it a little easier to remember that life is supposed to contain something besides problems. Tesla and SpaceX CEO Elon Musk has made that point for years,......
Bernie Sanders Sounds Alarm on ‘Rigged’ US Economy Amid Growing Wealth Inequality, Says Elon Musk Is Richer Than Half of American Households
1+ week, 5+ day ago (482+ words) Sen. Bernie Sanders (I-Vt.) said America's growing wealth gap shows what a "rigged economy" looks like, pointing to Tesla Inc. and Space Exploration Technologies Corp. CEO Elon Musk's fortune as evidence of increasingly concentrated wealth. On Sunday, in a post…...
London Stock Exchange and NYSE are building tokenized stock markets: What to know
1+ week, 6+ day ago (293+ words) The New York Stock Exchange (NYSE) and London Stock Exchange (LSE) are both building tokenized stock markets. Scott Melker outlines the details in the video above. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your…...
Why the AI economy is like a bad dating app — drowning in decks, pilot purgatory — and it’s playing out like the dotcom bubble, except worse
2+ week, 1+ day ago (416+ words) So when Webb told Fortune that she sees something like a bust coming for corporate AI spending, it's worth pausing on the precise dynamic she's describing. "AI is making production cheap," she said, "but it's making everything else in companies…...