Reading view

Antonio Gracias, Elon Musk’s Friend, Is Set to Reap Billions From SpaceX’s IPO

Antonio Gracias, an investor who has built a $65 billion stake in the company, exemplifies the economic upside of being Mr. Musk’s ally.

© Jim Vondruska for The New York Times

Antonio Gracias, left, and Elon Musk at a political event in Green Bay, Wis., last spring. Mr. Gracias and his private equity firm control a $65 billion stake in SpaceX.
  •  

SpaceX’s IPO Could Turn 4,400 Employees Into Millionaires

While Elon Musk may soon become a trillionaire, his rocket company’s market debut is set to the change the lives of its current and former employees, too.

© Chelsea Beck

  •  

Why the Real A.I. Threat Is in the Back Office

As artificial intelligence spreads, millions of middle-class jobs in human resources, billing and payroll could be at risk. Most are held by women.

© Timo Lenzen

  •  

Dutch Authorities Block $115 Million Deal by a U.S. Tech Company

The Netherlands blocked a U.S. company from buying a Dutch firm that handles its national ID system, saying it would create a “threat to the public interest.”

© Laurens Van Putten/Agence France-Presse — Getty Images

Willemijn Aerdts, the Dutch minister for the digital economy and sovereignty, spoke to the news media last month after blocking the acquisition of Solvinity, a Dutch tech company, by the U.S. firm Kyndryl.
  •  

Meta A.I. Bug Allowed Hackers to Take Over Instagram Accounts

The flaw, which Meta said it had fixed, allowed anyone to take over accounts using a bug in the company’s new artificial intelligence software.

© Jason Henry for The New York Times

Of the 34,000 accounts, 20,000 were breached, giving hackers access to the account holders’ email addresses, phone numbers, birth dates and other personal data.
  •  

Anthropic Releases ‘Safe’ Version of Its Mythos A.I. Technology

Called Claude Fable 5, it is twice as expensive as the company’s previous flagship system.

© Jason Henry for The New York Times

Anthropic’s logo at a company event. The start-up’s Mythos artificial intelligence system caused worries about the security of computer networks.
  •  

OpenAI Files Confidentially for IPO as AI Companies Rush to Wall St.

The company hopes to raise billions in a highly anticipated public offering that could unlock a new generation of tech industry wealth.

© Andres Kudacki for The New York Times

OpenAI’s ChatGPT chatbot started the artificial intelligence boom.
  •  

Apple Reveals New A.I.-Powered Version of Its Siri Digital Assistant

The iPhone maker revealed its new artificial intelligence products at its developer conference, the last with Tim Cook as chief executive.

© Jason Henry for The New York Times

Apple held its annual conference for software developers on Monday in Cupertino, Calif.
  •  

How Elon Musk’s Friendship With the F.C.C. Smooths the Way for SpaceX’s I.P.O.

Brendan Carr, the chairman of the Federal Communications Commission, has greenlighted regulatory requests for the company’s Starlink satellite internet service and lavished praise on its chief executive.

© Eric Lee for The New York Times

Brendan Carr, chairman of the Federal Communications Commission.
  •  
❌