SpaceX Makes a $60 Billion Bet on Its AI Future

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• 00:00

  So there's a lot of noise about AI, but time's too tight for more promises.

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  So let's talk about results.

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  At IBM, we work with our employees to integrate technology right into the systems they need.

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  Now, a global workforce of 300,000 can use AI to fill their HR questions, resolving 94% of common questions.

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  Not noise.

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  Proof of how we can help companies get smarter by putting AI where it actually pays off.

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  Deep in the work that moves the business.

• 00:27

  Let's create smarter business.

• 00:29

  IBM.

• 00:30

  The US will allow Iran to immediately start selling oil as part of the deal to end the war.

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  Plus, why SpaceX is spending $60 billion on the AI coding agent cursor.

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  SpaceX thought it was a rocket company, thought it was a satellite company,

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  and it's going to keep doing both of those things, but its new future is in AI.

• 00:54

  And is Qualcomm actually a bargain among AI chip makers?

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  It's Tuesday, June 16th.

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  I'm Alex Ocelot for The Wall Street Journal.

• 01:03

  This is the PM edition of What's News, the top headlines and business stories that move the world today.

• 01:16

  The Trump administration says the agreement to end the war between the U.S.

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  And Iran was signed electronically on Sunday.

• 01:22

  No text has been released.

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