SpaceX is reportedly accelerating its IPO plans, aiming to go public on Nasdaq by June 12, with roadshows beginning early June, according to sources.
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US Is Starting to See Heavy Job Losses in Roles Exposed to AI
Heavy job losses in US roles exposed to AI continue into 2025, led by customer service, secretarial, and sales roles, signaling workforce shifts.
$60B AI chip darling Cerebras almost died early on, burning $8M a month
Cerebras, now a $60B AI chip company, nearly failed in 2019 after spending $8M monthly to solve unprecedented packaging issues for its mega chip.
San Francisco’s Robo-Fight Club, General Catalyst’s Divisive Virality
A new robotic fighting event in San Francisco, backed by General Catalyst, has gone viral, sparking controversy over ethics and safety concerns.
Japan firms on track for record profits despite Iran headwinds
Japanese firms forecast a sixth consecutive year of record profits, driven by AI demand and higher interest rates, despite geopolitical challenges from Iran.
BlackRock Weighs Multibillion-Dollar Investment in SpaceX IPO
BlackRock is evaluating a significant investment in SpaceX’s upcoming IPO, potentially amounting to billions of dollars, according to sources familiar with the matter.
Texas county passes data center ban for rural areas for a year, move comes in wake of AI data centers moving to remote areas to skirt regulations — state senator says counties cannot legally impose these bans
Hill County, Texas, passes a one-year moratorium on data center projects in rural land to study impacts amid rising concerns over power and environmental issues.
Trump calls $14 billion Taiwan arms deal a ‘negotiating chip’ with China after Xi said Taiwan issue could lead to ‘clashes and even conflicts’ — Trump says ‘Taiwan would be very smart to cool it a little bit’
Trump says he has not approved the $14 billion Taiwan arms sale, calling it a ‘negotiating chip’ with China after recent summit with Xi Jinping.
Silicon Valley Likes the Idea of Gene-Edited Embryos. It’ll Be a Wait
Silicon Valley is intrigued by the potential of gene-edited embryos, but regulatory, ethical, and technical hurdles mean widespread adoption is not imminent.
A Meta employee gets real about the horror of working there
A Meta employee shares insights into the stressful environment, surveillance, and layoffs, highlighting the changing landscape of tech work.