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Musk Warns AI Debt Markets Have "Shut Off" for Most Firms | CoinDesk Daily

SpaceX raised $40B to buy GPUs. Elon Musk's SpaceX raised $40 billion in debt to buy GPUs, but he warned that debt markets have almost entirely cut off financing for companies without revenue independent of AI data centers. He predicts most of the 200-plus "neoclouds" will not su ... Show more

. 1min 53sec

Erik Voorhees Predicts AI Will Generate Entire Movies in Minutes by 2030

Venice.ai founder Erik Voorhees sits down with CoinDesk’s Jennifer Sanasie ahead of the Lumara Film Festival to explore the fast-growing world of AI filmmaking. He says video generation has grown to about 30% of Venice’s usage since the company launched its video studio this spri ... Show more

. 14min 2sec

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