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Caitlin McCabe

👤 Speaker
296 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

Coming up, why open AI boss Sam Altman is looking to space, yes, you heard that right, for AI's energy needs.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

Plus, we look at why there are now more billionaires in the world than ever before.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

Those stories after the break.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

Now, the billionaire space race is heating up once again.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

We are exclusively reporting that OpenAI boss Sam Altman has explored acquiring or partnering with a rocket company, potentially building a competitor to Elon Musk's SpaceX.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

We understand that Altman reached out to at least one rocket maker, Stokes Space, over the summer, and that discussions picked up in the fall.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

While those talks are no longer active, one of the proposals discussed was for OpenAI to make investments worth billions of dollars over time in order to end up with a controlling stake.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

Altman has been interested in the possibility of building data centers in space for some time, thinking that the energy needed to run AI systems might eventually become so large that it could strain Earth's resources.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

The idea is that orbital data centers would allow companies to harness the power of the sun to operate them.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

Big tech ventures are also garnering the interest of Congress, with Senator Elizabeth Warren and other Democrats pressing the bosses of companies including NVIDIA, Meta, and Amazon to provide details of their donations to President Trump's White House ballroom.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

The journal has seen letters to corporate executives in which the lawmakers note that many of the donors have active business before the federal government, raising questions about whether the donations could lead to more favorable treatment.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

That's Elizabeth Warren speaking there in a video posted to her website recently.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

Nvidia said in a statement that, as an American company, its support for the U.S.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

is paramount and independent of any other business interests.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

Meta and Microsoft declined to comment.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

The other companies didn't immediately respond.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

And one final update on the lifestyles of the rich and famous.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

The world has more billionaires than ever before.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

That's according to Swiss bank UBS, which calculated that some 2,900 billionaires now control $15.8 trillion.

WSJ What’s News
How Green Energy Slashed Emissions But Crippled Europe's Economy

That's 287 more billionaires than a year ago.