Search results for Peter Thiel
AI & Enterprise
Samsung to float AI data centres at sea, eyes commercialisation in 2028
Samsung Heavy Industries is moving to commercialise floating data centres by the second quarter of 2028 and is also seeking to secure orders before installation, industry sources say. The plan comes as land-based data centres face rising burdens from power and water use, local opposition and a shortage of sites, amid growing AI-driven computing demand. The company is considering a barge-style platform carrying servers and power equipment, with future options including LNG-based fuel cells and renewables.
Finance
SpaceX IPO creates billionaires beyond Elon Musk
SpaceX’s initial public offering pushed the value of Elon Musk’s stake above $1 trillion, while early investors and key executives also saw their holdings swell into the billions, CNBC reported. Shares traded at $185, up 37 percent from the $135 offer price. SpaceX’s market value briefly topped Amazon and Microsoft in its first week and now stands at about $2.43 trillion.
AI & Enterprise
Founders Fund unveils card game show featuring Sam Altman and Palmer Luckey
Founders Fund, the venture capital firm co-founded by Peter Thiel, has unveiled its in-house game show \"Mafia the Game,\" TechCrunch reported on Thursday. The format brings together prominent tech figures to play a card game. The show is hosted by Mike Solana, Founders Fund\'s chief marketing officer and editor-in-chief of Pirate Wires. The first episode features OpenAI CEO Sam Altman and Anduril founder Palmer Luckey, among others.
