Marketplace Tech

SpaceX is targeting a $1.77 trillion valuation, but some analysts think it's worth half that. Plus, Florida sues OpenAI — the first state to take legal action against an AI company.

But first, President Donald Trump signed an executive order this week, similar to the one he called off last month, asking AI companies to give the government a first look at advanced models that could have national security implications. It comes after models like Anthropic's Mythos have raised cybersecurity concerns for reportedly being too good at finding and exploiting software vulnerabilities.

Marketplace’s Meghan McCarty Carino spoke with Liz Lopatto, senior reporter at The Verge, to learn more.

Everything we talked about:

“PROMOTING ADVANCED ARTIFICIAL INTELLIGENCE INNOVATION AND SECURITY” from the White House

“Trump Signs Executive Order Seeking Oversight of A.I. Models” from The New York Times

“SpaceX: What Investors Need to Know About Its Enormous Upcoming IPO” from Morningstar

“SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says” from CNBC

“Attorney General James Uthmeier Files First-in-the-Nation State-Led Lawsuit Against OpenAI, CEO Sam Altman for Deceptive Practices and Harms to Floridians” from Florida’s Attorney General

“OpenAI Sued by Florida’s Attorney General Over AI Harms” from The Wall Street Journal

When a store offers different shoppers different prices depending on factors like the weather, the time of day, and what the store knows about each buyer, it’s called dynamic pricing.

This spring, Maryland, became the first state to ban this practice in grocery stores. The state’s governor Wes Moore proposed the law.

Marketplace’s Stephanie Hughes spoke with Gov. Moore at the statehouse in Annapolis about why he wanted this ban, his administration’s plans to train the state’s workforce for a future AI economy, and more.

If you have a debt, you may get a call, a letter or a text prodding you to pay it back. Now, that call could come from an AI agent.

The AI debt collection market is expected to reach $16 billion by 2034, according to the Kaplan Group. Kate Nibbs of Wired has been reporting on this and said these bots are not as effective at getting people to pay back the money they owe.

There is growing demand for time with GPUs, the chips that power artificial intelligence. AI companies need those chips in order to keep their models up and running. And to do that, they can reserve time with a GPU.

Now, there’s interest from Wall Street in creating a futures market for this AI compute time, essentially treating it like a commodity.

Marketplace’s Stephanie Hughes spoke with Liz Hoffman, business and finance editor at Semafor and host of the “Compound Interest” podcast, who recently wrote about this.

The price of oil has gone up significantly since late February, when the US invaded Iran. And when oil prices see a crazy rise, it makes other sources of energy look more attractive. But we’ve been here before - back in the 1970s, oil prices skyrocketed, and people started to turn to alternative or renewable energy sources. But, for a few reasons, it didn’t stick. Marketplace’s Stephanie Hughes explores why.