We Asked 2 AIs: Is SpaceX’s IPO Bullish or Bearish for Bitcoin? (The Answer Was Dubious)
The SpaceX IPO is a "double-edged sword" for crypto, said one of the AIs.
TechCrunch AI·
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 […]
Read full articleThe SpaceX IPO is a "double-edged sword" for crypto, said one of the AIs.
Michael Saylor said SpaceX’s IPO marks a milestone for corporate Bitcoin adoption, arguing that 25% of the so-called Mag 8 now hold BTC on their balance sheets. In a June 13 X post, the Strategy chairman congratulated Elon Musk and…
SpaceX's innovative data center strategies could redefine digital asset infrastructure and boost its market valuation. The post Jordi Visser: SpaceX’s valuation hinges on Musk’s unmatched data center construction, the complexities of terrestrial versus space facilities, and the critical role of energy storage innovation | The Pomp Podcast appeared first on Crypto Briefing.
Anthropic said it abruptly disabled its two most capable artificial intelligence (AI) models, Fable 5 and Mythos 5, for all customers worldwide after the U.S. government ordered it to cut off access for any foreign national, citing national security. An Order Of Potential Major Repercussions The directive arrived on June 12 at 5:21 p.m. Eastern […]
Zcash has undergone a follow-up security audit using Anthropic’s Mythos system, which, according to founder Zooko Wilcox, found no additional serious vulnerabilities in the protocol after the recent Orchard flaw disclosure. According to Wilcox, Anthropic carried out the audit at…
It is impossible to beat the stock market. But if you want to divest your retirement of Elon Musk-related companies, here is the best way to do so.
Concept art from Dear Upstairs Neighbors that used to train custom builds of Google’s Veo and Imagen models. | Image: Google DeepMind For all the noise that's been made about how generative AI is poised to revolutionize the filmmaking industry, there haven't really been any projects created with the technology that felt like the sort of entertainment people would pay to see. Most AI firms' video models are still only capable of churning out short bursts of visually inconsistent footage. And some of Hollywood's biggest AI partnerships have suddenly evaporated in ways that make it seem like studios might not be able to rely on the new technology coming out of Silicon Valley. For the most part, short-form video slop appears to be the only thing that major production houses ar … Read the full story at The Verge.
SpaceX's historic IPO reshapes market dynamics, highlighting retail investor power and challenging crypto's role in equity access. The post SpaceX completes largest IPO in history, lists on NASDAQ at $1.77 trillion valuation appeared first on Crypto Briefing.