Elon Musk's SpaceX aims to launch one million AI data center satellites by 2028 using the Starship rocket, but experts warn this could cost around $2 trillion, equal to SpaceX's projected IPO valuation, risking a financial collapse. While SpaceX has successfully launched 10,000 Starlink satellites, scaling to hourly Starship launches for AI satellites is seen as unrealistic. Experts highlight that space-based AI data centers are currently far more expensive than terrestrial ones and may only become viable by the mid-2030s with significant cost reductions. Despite the risks, Musk's plan taps into the booming AI investment trend, potentially boosting SpaceX's IPO appeal.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
