Elon Musk just became the world’s first trillionaire.
With SpaceX opening on the Nasdaq at $150 a share Friday, his stake in the company is worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk’s net worth from both companies as of Friday is roughly $1.05 trillion.
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With college graduates jeering mentions of artificial intelligence at commencement speeches, and voices as disparate as the Pope and technology giant Anthropic warning of the risks of unmitigated AI development, public sentiment toward the technology has sobered considerably since its early euphoria.
Yet despite mounting public backlash, global AI usage has surged to record highs.
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President Donald Trump on Saturday said in a Truth Social post that a deal to end the war with Iran will be signed on Sunday, with the Strait of Hormuz opening up immediately after.
“The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL,” the president wrote. cnb.cx/4xoP0QE
Thoma Bravo’s billionaire founder says AI will transform junior workers’ roles by eliminating grunt work, despite growing concerns about the technology’s impact on entry-level roles.
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