As much of Silicon Valley chases mega-rounds and buzzy AI deals, Stacy Brown-Philpot is running Cherryrock Capital like a throwback to venture capital's earlier days

According to The New York Times, which reports that it heard the meeting, Musk told employees that xAI needs a lunar manufacturing facility, a factory on the moon that will build AI satellites and fling them into space via a giant catapult.

Because employees could do more, work began bleeding into lunch breaks and late evenings. The employees' to-do lists expanded to fill every hour that AI freed up, and then kept going.

The purchase rewrites the domain record books -- not that the crypto industry has ever been accused of restraint when it comes to spending.

YouTube CEO Neal Mohan is expected to be there. Apple's Tim Cook, too.