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What to know about Jay Clayton, Trump's nominee for director of national intelligence

President Donald Trump nominated Jay Clayton, U.S. attorney for the Southern District of New York, to be the next permanent director of national intelligence on Thursday. A veteran Trump administration official, Clayton is seen as a more conventional choice for the role compared to the president's earlier choice made last week.

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The Consequences of SpaceX’s Trillion-Dollar I.P.O.

SpaceX’s trading debut is expected to smash records. Wall Street is watching to see what else it disrupts.

© Steve Nesius/Reuters

SpaceX’s market debut today is expected to be a watershed moment for Wall Street.
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SpaceX IPO: How Our Reporters Assess the Sky-High Valuation and Potential Economic Impact

Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.

© Eric Gay/Associated Press

Elon Musk’s rocket maker SpaceX set a price of $135 a share, which would value it at $1.77 trillion.
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Surveillance program set to expire as Congress rejects FISA extension

President Trump announced his plans to nominate Jay Clayton as director of national intelligence. The choice comes as lawmakers refused to extend a key surveillance tool over stalled privacy concerns and questions about the qualifications of the interim intelligence chief. Congressional correspondent Lisa Desjardins reports.

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SpaceX Finalizes IPO Price at $135 a Share in World’s Largest Public Offering

Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.

© Mario Tama/Getty Images

SpaceX will begin trading publicly on Friday under the ticker symbol SPCX.
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Absent From the SpaceX and OpenAI I.P.O.s? Chinese Investors.

SpaceX will not raise money from investors in China and Hong Kong. Others firms, like OpenAI, may follow suit.

© Eric Gay/Associated Press

A Starship test flight at the SpaceX’s Starbase in Texas last month. Investors in China are expected to be excluded from the SpaceX initial public offering.
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Trump Picks Jay Clayton for Director of National Intelligence After Backlash Over Bill Pulte

The president said he would nominate Jay Clayton, the U.S. attorney in Manhattan and the former chairman of the Securities and Exchange Commission, for the permanent role.

© Dave Sanders for The New York Times

President Trump’s pick to be the director of national intelligence, Jay Clayton, took over as the U.S. attorney for Manhattan in April 2025.
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Anthropic CEO: Government should have power to block dangerous AI deployments

Anthropic CEO Dario Amodei is arguing governments should have the power to block dangerous deployments of artificial intelligence if they don’t meet a certain safety standard. Amodei’s latest assertion, published in an essay on his website Wednesday, builds upon the company’s pro-safety approach to AI, which has put them at odds with its competitors and the Trump…

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Anthropic CEO: Government should have power to block dangerous AI deployments

Anthropic CEO Dario Amodei is arguing governments should have the power to block dangerous deployments of artificial intelligence if they don’t meet a certain safety standard. Amodei’s latest assertion, published in an essay on his website Wednesday, builds upon the company’s pro-safety approach to AI, which has put them at odds with its competitors and the Trump…

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Jeff Bezos Wants to Build an ‘Artificial General Engineer’

As co-chief executive of the start-up Prometheus, the Amazon founder is using A.I. to improve how devices ranging from computers to jet engines are made.

© Jeenah Moon for The New York Times

With his new company, Prometheus, Jeff Bezos is training A.I. on the design and manufacturing process of various industries.
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Can SpaceX Defy A.I. Gravity?

Elon Musk’s rockets-and-artificial-intelligence company is going public as questions grow over the incredible spending spree taking place in the sector.

© Gabriel V. Cardenas/Reuters

SpaceX’s launchpad for its Starship rocket in March. Investors may be more focused on the company’s artificial intelligence business.
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