AI stocks tumble and drag down markets worldwide as oil prices climb - BNN Bloomberg

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Two programs total $1.75-billion boost to Canadian venture capital ecosystem. The Government of Canada has shared how it plans to deploy its previously announced “early growth-stage” funding envelope, alongside a call for expressions of interest in the latest version of its longstanding fund-of-funds program. These measures aim to stimulate investment in Canadian venture capital (VC) and technology by attracting private funding.

Global energy totals make transitions appear additive because rising populations and prosperity can keep old and new sources growing simultaneously. Substitution becomes visible earlier in individual markets: combustion-car sales peaked in 2017, EU wind and solar have overtaken fossil power, and EVs already displace more than 2 million barrels of oil demand daily.

Oh sure, SpaceX’s credit risk is pretty high because it’s about to borrow another $40 billion to spend on Nvidia chips, but who cares about that? SpaceX and Tesla have formed special committees to discuss a merger! The degree to which you find this merger compelling likely has to do with the degree to which you believe Elon Musk about wanting to go to Mars, or “spread the light of consciousness,” as he put it in this week’s SpaceX earnings call (and earlier S-1). Now, a reasonably informed person knows that we don’t have the technology — or, frankly, even the raw information to build the technology — in order to support human life in space. So that means robots. But a lag between Earth and the Moon or Mars makes for difficulty in controlling the robots. So having artificially intelligent robots who can make decisions on their own with minimal supervision from Earth is the next sci-fi logic step.