SpaceX’s ambitious plans to launch its Starship mega-rocket up to 44 times per year from NASA’s Kennedy Space Center are causing a stir among some of its competitors. Late last month, Blue Origin and United Launch Alliance submitted comments calling on regulators to ensure minimal disruptions to other launch providers in the area, with Blue […]
Zuckerberg disses closed-source AI competitors as trying to ‘create God’
Riffing on what he sees ahead for the future of AI, Meta CEO Mark Zuckerberg said in an interview published Thursday that he deeply believes that there will not be “just one AI.” Touting the value of open source to put AI tools into many people’s hands, Zuckerberg took a moment to disparage the efforts […]
Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale
Investor demand has been so strong for shares of hot HR startup Rippling – over $ 2 billion worth of term sheets, it says – that it is allowing former employees to also participate in its giant, tender offer sale, the company told TechCrunch. But there is one big exception: it has banned former employees […]
FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x […]