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AI usage went up 93x since early 2025, cloud spending went up 3x, and the market is selling the spending

Weekly tokens on OpenRouter (how much people actually run AI models through 1 big marketplace), went up about 93x from the start of 2025 to last quarter. Cloud spending went up about 3x over the same stretch.…

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American Express is cutting 5% of its workforce to ‘prepare for AI’

#stocks#redditstocks#american#express#squeri

American Express CEO Stephen Squeri said Friday the card company is eliminating 5% of its global workforce. The firm, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, Squeri told analysts.…

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SpaceX could be on the cusp of buying 80,000 cell towers in a bid to really challenge Verizon, AT&T and T-Mobile

#stocks#redditstocks#spacex#mobile#cell

Elon Musk's SpaceX (SPCX) may be close to sending another message to the telecom giants: we are seriously coming for you. The company is eyeing the purchase of 80,000 cell sites across the US, Bloomberg reported on Friday.…

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S.Korea to fast-track semiconductor complex permits, compensation and design simultaneously

The South Korean government, led by the Ministry of Trade, Industry and Energy in collaboration with related ministries, has announced a comprehensive plan to streamline regulatory processes and accelerate investment in semiconductor megaprojects.…

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SpaceX’s 13 GW target implies ~$125B of capex a quarter. How is that funded?

#stocks#redditstocks#roughly#jensen#spacex

Jensen Huang recently said that a complete 1 GW AI factory costs about $50B. Meanwhile, Elon said on the earning call that he expects SpaceX to reach around 13 GW of compute by the end of 2027, compared with roughly 2.5–3 GW expected by the end of this…

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