Public figure and AI industry lens
SpaceX has floated on Nasdaq under the ticker SPCX, raising about $75 billion at $135 a share and debuting with a market value above $2 trillion. The newly public group combines SpaceX's rocket and Starlink businesses with xAI and X. Investors have driven strong demand despite losses and questions about unproven projects such as orbital data centres and Mars plans.
SpaceX has filed to sell 555.6 million shares at $135 each, aiming to raise about $75 billion and value the company near $1.75–1.77 trillion. Elon Musk will retain roughly 82% voting control. The company has allocated unusually large tranches to retail buyers, employees and direct-share participants, and disclosed AI compute deals that affect revenue assumptions.
Snap has unveiled Specs, its consumer AR glasses, priced at $2,195 with a $200 refundable deposit. The device aims to merge AI with real-world computing, featuring EyeConnect for shared experiences and on-device AI. Market reaction remains cautious as investors scrutinize affordability and the competitive hardware landscape.
Global markets hold steady as US Federal Reserve Chair Kevin Warsh signals a cautious pause, with oil prices stabilising after recent falls. UK inflation data supports expectations of a hold on rates, while energy assets rally on easing supply concerns.
Reflection AI has inked a multiyear deal with SpaceX to access Nvidia GB300 AI chips and related hardware at SpaceX’s Colossus 2 data center in Memphis. The pact, valued at up to $6.3 billion if extended through 2029, begins July 2026 and can be terminated by either side with 90 days’ notice after three months. The arrangement positions Reflection among providers of frontier AI infrastructure as it pursues open-weight models.
Business Insider UK and TechCrunch report on案例 AI loops where agents prompt agents to write code, enabling continuous autonomous improvement. The idea of loop engineering is gaining traction as models scale compute to finish tasks without human prompts.
Meta has announced a new line of smart glasses with AI-assisted features, priced at $299 and developed with EssilorLuxottica. The glasses lack Ray-Ban/Oakley branding, and Meta is positioning them as fashion-forward wearables. Competitors like Snap and Google are racing to release their own AI eyewear.
Santander targets over €1bn in AI-led value by 2028; Higgsfield eyes $1bn run rate as AI media tools expand; Databricks reports rising costs amid rapid AI-driven revenue growth.
Thinking Machines has released Inkling, a foundation model designed for customization by enterprises. It draws on large-scale pretraining but is optimized to run with lower compute, offering a tunable balance of cost and performance and open-weight accessibility for fine-tuning on private data.
Anthropic has launched Claude Opus 5, claiming it is the best-performing and most cost-effective model yet, priced at $5 per million input tokens and $25 per million output tokens. Opus 5 trails Mythos 5 in cybersecurity prowess and is positioned as a daily-use option for enterprises amid competitive pressure from rivals.