Find XO: Tech Leaders' $500 Billion AI Investment Pledge: Capital Landscape Changes Founders Should Read (wsj.com)

- According to a WSJ report, U.S. tech leaders have pledged up to $500 billion in AI infrastructure in coordination with the White House. - Around the same time, news surfaced that Musk is structuring SpaceX's IPO to preserve control through dual-class voting rights even after going public. - The bigger the money at stake, the more important it is to know who sets the direction. - For small teams, rather than competing against huge capital, it is better to define a narrow problem to solve on top of it and set clear boundaries on decision-making authority when accepting investment.