After spending nearly $16 billion on artificial intelligence infrastructure in the second quarter, Elon Musk used SpaceX’s first earnings call as a public company on Tuesday to explain why he believes SpaceX is uniquely positioned to dominate the AI compute race: rocket scientists. Defending the company’s aggressive investment in AI, Musk argued that the engineering
AMD says it has a major advantage in the AI chip race against Nvidia: being more open. AMD has long promoted this strategy through its open-source ROCm software, used to program AI chips. Since ROCm is available as open source, it’s free for anyone to use, download, or modify. On the company’s earnings call on
SpaceX has been on a slide since hitting a $2 trillion valuation milestone at its June IPO, shedding close to $500 billion in market cap from its peak. Tuesday was its first-ever earnings report as a publicly listed company and a fresh chance for CEO Elon Musk to hype the stock and turn that frown
SpaceX wants to turn Starlink Mobile into a full-fledged mobile carrier, and it expects to hit the Big Three wireless giants in the process. During SpaceX’s first earnings call since its June IPO, President Gwynne Shotwell said the company plans to launch its next-generation Starlink Mobile satellites in 2027 and start providing an upgraded service
Two moves this week, on top of a deal struck earlier this year, point to the same shift: the giants of Wall Street (and Wall Street South) are now central to how American soccer builds toward its next decade. U.S. Soccer confirmed Monday that Mauricio Pochettino will remain the U.S. Men’s National Team head coach
The AI world is looking to D.C. for clarity. On Tuesday, staffers from OpenAI, Anthropic, Google, and other tech companies convened in Washington to review the administration’s new framework for reviewing advanced AI models. Now, the rest of the industry eagerly awaits answers on what will be included in the framework — a structured way
