Investors will buy into the market-leading tech and cult of Musk despite a price that is defying gravity
“Our mission,” says the opening sentence of SpaceX’s listing document with a straight face, “is to build the systems and technologies necessary to make life multi-planetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
The last bit has an echo of the laughable WeWork, which was going to “elevate the world’s consciousness” via the medium of shared office spaces. But, yes, if SpaceX could tick off all the items on Elon Musk’s to-do list, one could make a case that the company should be valued at $1.77tn.
Continue reading...
Meta's delay in releasing Muse Spark's API highlights execution challenges, impacting developer adoption and investor confidence in AI ventures.
The post Meta delays Muse Spark AI model API release for developers appeared first on Crypto Briefing.
Coinbase and Better launch America’s first Bitcoin-collateralized Fannie Mae mortgage, allowing homebuyers to keep crypto while purchasing homes. A major milestone has arrived for both the housing and cryptocurrency industries. The first Fannie Mae-backed mortgage backed by Bitcoin has been successfully originated in the United States, Coinbase announced. The loan was issued and is being […]
The post First Bitcoin-Collateralized Mortgage Issued in America appeared first on Live Bitcoin News.
Meta has launched Business Agent to automate conversational commerce workflows directly inside its messaging applications. The software allows global retail brands to execute transactions and field support tickets without human intervention. Deploying this architecture places agentic AI directly at the core of social commerce. Meta integrated these workflows natively into Instagram, Messenger, and soon WhatsApp. […]
The post Meta Business Agent drives AI-powered conversational commerce appeared first on AI News.
Coinbase froze more than $3 million in crypto tied to Southeast Asian scam networks as federal officials expanded a wider fraud crackdown. The DOJ-backed effort also involved major tech companies, law enforcement agencies, and infrastructure providers. How Coinbase’s $3M Freeze Fits Into a Wider DOJ Scam Crackdown Crypto exchange Coinbase (Nasdaq: COIN) said June 3 […]
Creators often have to parse through charts and dashboards to understand their performance, but with the new AI assistant, they can get quick answers to questions like "When should I post?" and "What are people saying in my comments?"
SpaceX's projected AI revenue growth could significantly enhance its market influence, potentially reshaping the aerospace sector's dynamics.
The post Goldman projects SpaceX AI revenue to hit $322B by 2030, boosting IPO valuation appeared first on Crypto Briefing.