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SpaceX IPO oversubscribed amid AI infrastructure race
Bloomberg Tech·
Wall Street shows significant enthusiasm for SpaceX's upcoming IPO, with the offering reportedly oversubscribed. This surge in interest coincides with a broader Silicon Valley race to build essential AI infrastructure, highlighted by Google's support for Anthropic's data centers. The increasing complexity and interconnectedness of these deals underscore the rapid expansion and investment within the AI sector. Additionally, a new dashboard is providing real-time insights into AI's evolving impact on the labor market, reflecting the technology's growing influence.
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Original Source
Bloomberg Tech — bloomberg.com