Le Monde reports that Elon Musk is preparing to merge SpaceX and Tesla, which would form one of the most highly valued companies in the world. Beyond cars and space, both firms are racing in artificial intelligence with hugely expensive projects.
In a Latent Space episode, Alex Lieberman and CJ Hess of Tenex discuss building software with agents for large enterprises. Topics include outcome-based pricing and the last mile of enterprise AI adoption.
AI server maker Supermicro now expects $18.5 billion to $19.5 billion in revenue for the quarter to September, well above its earlier $14.5 billion to $15.5 billion forecast. It attributes the gap to stronger demand for AI platforms.
Shares of Elice, a South Korean AI data center company, fell 32% on their first trading day in Seoul after it raised about $151 million. Bloomberg data shows it was the worst debut on record for a Korean IPO of $100 million or more.
Thore Graepel, who helped build Google DeepMind's AlphaGo, has founded Metis Reasoning in London. The lab's starting premise, set out in a white paper, is that large language models cannot be trusted to reason, and it wants to apply AlphaGo's lessons to general reasoning.
Dell says enterprise AI is moving from experiments to production, with financial services among the first to show returns at scale. As token use grows, finance chiefs are treating AI as a budget line that must justify its cost.