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Space Tech Tech Giants

AI's winner-takes-most economy is getting harder to ignore

BlackRock's reported $10 billion interest in SpaceX is the latest sign that institutional capital is clustering around a handful of names

by TechDefused Newsroom
AI's winner-takes-most economy is getting harder to ignore

BlackRock is weighing an investment of as much as $10 billion in SpaceX's planned initial public offering.

The Information reported the potential commitment, and the scale of the sum would make BlackRock a major institutional participant in the offering.

The same TITV episode also covered Microsoft executives raising concerns that repeated GitHub outages are eroding the company's lead in developer-facing AI tooling.

Genspark co-founder and COO Wen Sang joined the show to explain the company's strategy for building AI-agent applications and competing for developer attention.

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The episode highlighted concentration in generative-AI infrastructure, noting that OpenAI and Anthropic account for 89% of revenue generated by AI startups, according to The Information's reporting.

The conversations and interviews aired on TITV, which publishes weekday episodes that pair reporting with guest interviews.

by TechDefused Newsroom