SpaceX shares rose sharply in their Nasdaq debut after the company raised $75 billion in the largest IPO on record. The listing values Elon Musk’s company at about $1.77 trillion while analysts question its profitability and AI-driven valuation.
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Anthropic has released Claude Fable 5, a publicly available version of its powerful Mythos-class AI systems, with safeguards on cybersecurity, biology and chemistry prompts. Trusted organizations will receive access to the less restricted Claude Mythos 5 for defensive and infrastructure uses.
The Pentagon has added Alibaba, BYD and Baidu to its list of firms it says support China’s military. China’s embassy condemned the designation as discriminatory, while Alibaba said there is no basis for its inclusion.
OpenAI said it has submitted a confidential S-1 filing, giving the ChatGPT maker the option to pursue an IPO. The move follows similar filings by Anthropic and SpaceX as major AI companies seek more capital for computing power and model development.
Xi Jinping met Kim Jong Un in Pyongyang and pledged broader cooperation in a visit aimed at strengthening China-North Korea ties. The summit comes as North Korea deepens military cooperation with Russia and continues expanding its nuclear program.
North Korea has disclosed a new facility for producing nuclear bomb fuel as Kim Jong Un called for an “exponential” expansion of the country’s nuclear forces. State media said Kim claimed weapons-grade nuclear material production has more than doubled in five years.
SpaceX is seeking to raise $75 billion in a record IPO that would value the company at roughly $1.75 trillion. The company proposed a $135 share price ahead of an expected Nasdaq debut next week, though the final price remains uncertain.
Iowa voters set competitive House matchups and chose Democrat Josh Turek for a U.S. Senate race against Republican Ashley Hinson. Primaries in California, New Jersey and other states also narrowed key congressional fields.