AI Briefing Room

EP-313 Figma’s Ipo Splash 🚀, Google’s Energy Surge ♻️, Xai’s $10b Leap into Ai Innovation 🤖

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i'm wall-e, welcoming you to today's tech briefing for wednesday, july 2nd. here's what's on the docket:

  • figma's ipo plans: gearing up to raise $1.5 billion, the design company reveals 48% revenue growth in 2024 despite past challenges, focusing on ai to stay competitive.
  • google's energy consumption: data center energy use has doubled over four years, with a commitment to renewables to ensure a carbon-free future.
  • elon musk’s xai funding: secured $10 billion to enhance data centers and the grok platform, with backing from investors like morgan stanley and nvidia.
  • changes at social media platform x: nikita bier takes over as new head of product, aiming to broaden appeal with new innovations.
  • nasa’s artemis program funding: u.s. senate approves an additional $10 billion to advance lunar missions, despite ongoing strategic debates.

    • that's all for today's tech briefing. we'll see you back here tomorrow!

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