Episode 373: SpaceX's $60B Cursor Bet, Warsh's Rate Hike Signals, and the Anthropic Standoff

SpaceX acquires Cursor for $60 billion in stock, validating the AI coding category and positioning Musk to control a potential $4 trillion tech conglomerate spanning EVs, space, and AI. Meanwhile, new Fed Chair Kevin Warsh signals potential rate increases by year-end amid stagflation pressures, threatening the cheap capital that fuels AI infrastructure buildouts. The Trump administration's standoff with Anthropic over model restrictions escalates with new revelations about export controls and expanded access lists, while Australia's pioneering social media ban for teens proves largely unenforceable—70% of banned teenagers simply created new accounts or never left. Apple raises device prices due to AI-driven memory chip shortages, Anthropic ships a major Claude Design overhaul, and Pew Research reveals a troubling gap: half of Americans now use chatbots, but 40% expect AI to make society worse, with Claude barely registering at 6% public awareness despite its enterprise dominance. Hosted on Acast. See acast.com/privacy for more information.