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AI

SpaceX To Build $24 Bln Texas Power And AI Facility

(RTTNews) - SpaceX (SPCX) is planning an estimated $24 billion investment in a natural gas-fired power plant and supercomputing facility at Starbase, Texas, according to a public hearing notice. The project is expected to be developed in multiple phases, with the possibility of f

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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Anthropic’s $500 Billion Question

Anthropic's highly anticipated IPO filing reveals explosive growth, surprisingly strong financials, and nearly $500 billion in future AI computing commitments.

  • Anthropic files S-1 for IPO, generating market interest
  • $80.7B loss attributed to one-time charge, not actual loss
  • Over $100B cash reserves allow minimal cash spending

Buy AI humiliation

TME notes today how flushed the market already is. From Panic Selling To FOMO Buying From panic to FOMO in record time. Tech is back, volatility is collapsing, and the positioning washout has left…

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