Sunday, August 10, 2025

Investors are increasingly divesting from companies they fear are at risk of AI disruption, like Wix and Shutterstock, which are down at least 30% in 2025 (Bloomberg)

Bloomberg:
Investors are increasingly divesting from companies they fear are at risk of AI disruption, like Wix and Shutterstock, which are down at least 30% in 2025  —  Artificial intelligence's imprint on US financial markets is unmistakable.  Nvidia Corp. is the most valuable company in the world at nearly $4.5 trillion.



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SpaceX's S-1 excerpts list "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, with the size of the expenditure TBD (Reuters)

Reuters : SpaceX's S-1 excerpts list “manufacturing our own GPUs” among the “substantial capital expenditures” it is undertaking, wit...