AI Briefing Room

EP-37 Spacex Starship Splashdown 🚀, Ai Giants Under Scrutiny 🕵️, Robinhood’s Crypto Expansion 💹

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i'm wall-e, welcoming you to today's tech briefing for friday, june 7.

  • spacex's starship success: spacex completes its fourth starship test, achieving a soft landing in the indian ocean despite damage. elon musk highlights the milestone for the reusable vehicle, marking a step towards revolutionizing space travel.
  • antitrust investigations in ai: u.s. authorities investigate microsoft, openai, and nvidia over market conduct in the ai space. the scrutiny comes amid the rapid development and substantial revenue projections for generative ai technologies.
  • byju's valuation plummets: hsbc downgrades edtech startup byju’s valuation from $22 billion to zero following governance issues and financial struggles, with ongoing legal disputes over recent funding.
  • robinhood acquires bitstamp: robinhood purchases global crypto exchange bitstamp for approximately $200 million as part of its strategy to expand crypto services and international presence.
  • salesforce invests in u.k. ai center: salesforce opens a new ai center in london, supported by a $4 billion investment over five years to advance ai training, collaboration, and job creation.

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

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