Inflation Rises Unexpectedly, Musk To Withdraw Bid If OpenAI Remains Nonprofit, and China Establishes Planetary Defense Force - podcast episode cover

Inflation Rises Unexpectedly, Musk To Withdraw Bid If OpenAI Remains Nonprofit, and China Establishes Planetary Defense Force

Feb 14, 20257 min
--:--
--:--
Listen in podcast apps:

Episode description

We're experimenting and would love to hear from you!

In today's episode of 'Discover Daily', we begin with January's unexpected inflation surge to 3% that has rattled financial markets and diminished hopes for early Fed rate cuts. The Consumer Price Index showed significant increases across multiple sectors, with egg prices jumping 15.2% in a single month due to ongoing avian flu outbreaks. These developments have triggered widespread market adjustments and raised concerns about persistent inflation pressures.

The tech world continues to watch the escalating battle between Elon Musk and OpenAI, with Musk offering to withdraw his $97.4 billion bid for OpenAI's nonprofit arm if the company halts its for-profit transition. This latest development adds another layer to the complex relationship between the Tesla CEO and the AI company he co-founded, highlighting the ongoing debate about artificial intelligence's future direction.


In our final segment, we explore China's groundbreaking entry into planetary defense with their newly announced asteroid monitoring and deflection program. Led by the National Space Science Center, this initiative includes a sophisticated dual-spacecraft mission planned for 2027, targeting asteroid 2015 XF261. The mission represents China's first attempt to alter an asteroid's trajectory using both observation and impact techniques.

From Perplexity's Discover Feed:

https://www.perplexity.ai/page/inflation-rises-unexpectedly-Cd_AyeSHSLahWzYkxxAZeg 

https://www.perplexity.ai/page/musk-to-withdraw-bid-if-openai-z5zXTCfGSMac79T.IzlL5w 

https://www.perplexity.ai/page/china-establishes-planetary-de-V8DlCMkoREiyu6AEMVOHRw


Perplexity is the fastest and most powerful way to search the web. Perplexity crawls the web and curates the most relevant and up-to-date sources (from academic papers to Reddit threads) to create the perfect response to any question or topic you’re interested in.

Take the world's knowledge with you anywhere. Available on iOS and Android

Join our growing Discord community for the latest updates and exclusive content.

Follow us on:

Transcript

Speaker 1

Welcome to Discover Daily by Perplexity , an AI-generated show on tech , science and culture . I'm Sienna . Today we're exploring China's new planetary defense force a deep dive into the country's latest efforts to protect Earth from cosmic threats . But first let's look at what else is happening across the economic and tech landscapes . The economic and tech landscapes .

The latest Consumer Price Index report reveals inflation accelerated to 3% year-over-year in January 2025 , the highest rate since May , surpassing economists' forecasts of 2.9% . Prices rose 0.5% month-over-month , marking the steepest single-month increase since August 2023 . Core inflation , which excludes volatile food and energy prices , climbs 0.4% monthly and 3.3% annually .

Federal Reserve Chair Jerome Powell maintained the central bank's cautious stance recently , stating policymakers don't need to be in a hurry to cut rates . With inflation now well above the 2% target , analysts predict extended higher interest rates , slashing the likelihood of a March rate cut to just 15% , according to CME Group market data .

Market reactions were immediate S&P 500 and Nasdaq 100 futures dipped , while Treasury yields surged . The US dollar hit a three-month high against major currencies . Notably , egg prices soared 15.2% monthly , the sharpest jump since June 2015 , driven by ongoing avian flu outbreaks across commercial poultry farms .

Turning to tech , elon Musk has offered to withdraw his $97.4 billion bid for OpenAI's non-profit division , but only if the chat GPT maker abandons its planned transition to a for-profit structure . This bombshell comes from court filings in Musk's ongoing lawsuit against his former AI venture .

The conflict escalated when OpenAI CEO , sam Altman , rejected Musk's offer via a sarcastic ex-post quote no thank you , but we will buy Twitter for $9.74 billion if you want Musk fired back by labeling Altman a quote swindler . It's the latest salvo in a legal battle court documents suggest could drag into 2027 .

Musk co-founded OpenAI in 2015 , but left three years later after demanding majority equity and CEO control during failed 2017 talks about converting to a for-profit model . The current lawsuit alleges OpenAI violated its original mission by letting Microsoft gain influence through board appointments , like LinkedIn co-founder Reid Hoffman .

Openai's board formally rejected Musk's bid , calling it an attempt to disrupt their $40 billion funding round with SoftBank . The company maintains its transition to a limited-profit model Backed by Microsoft's $1 billion investment remains essential for competing in AI development .

Now to our main story China's ambitious plan to defend Earth from asteroid threats , announced on February 11th . A new team of experts will focus on monitoring asteroids and developing early warning systems . The most concrete aspect of China's planetary defense is their upcoming asteroid deflection mission , which has been delayed from 2025 to 2027 .

The mission's new target is Asteroid 2015 XF261 , a 30-meter-wide space rock . What makes this mission special is its dual spacecraft approach . A single Long March 3B rocket will deploy both an observer spacecraft and an impactor . The observer will spend three to six months mapping the asteroid structure , followed by a high-speed kinetic impact to alter its path .

Post-impact observations will continue for up to 12 months to evaluate the deflection's effectiveness . A 30-meter asteroid like 2015 XF261 might seem small compared to other larger asteroids , but the physics of space travel make this mission significant .

Even a tiny deflection of just 3 to 5 centimeters early in an asteroid's journey can alter its path by more than 1,000 kilometers after three months . China isn't waiting idly until launch day . They've already activated the Northern Hemisphere's largest time domain survey facility , the 2.5-meter Wide Field Survey Telescope .

This observatory joins forces with two other powerful telescopes in tracking near-Earth objects . Even more ambitious is the Compound Eye , a network of 25 radar antennas set to begin operations next year . This system will strengthen our ability to assess potential cosmic threats , bouncing signals off space objects to determine their risk to Earth .

Looking ahead , china's roadmap is remarkably comprehensive . They aim to catalog 90 of near-Earth asteroids larger than 140 meters by 2035 . Even more ambitious are their plans for a constellation of six satellites in Venus-adjacent orbits , designed to serve as an early warning system for incoming threats .

As a member of the International Asteroid Warning Network since 2018 , china shares data and coordinates with observatories worldwide , including those in the US , chile and Australia . The mission also builds upon NASA's successful DART test , adding to humanity's growing arsenal of asteroid defense capabilities .

Thank you on the go , with the mobile app available for both Android and iOS . There's also the Perplexity desktop app for macOS . In other Perplexity news , the company has launched Sonar and Sonar Pro APIs enabling developers to integrate real-time AI search capabilities into their applications with unparalleled factual accuracy .

The new offering stands out for its affordability and advanced features , including double the citations of standard search and the ability to customize trusted sources , with companies like Zoom already leveraging the technology to enhance their video conferencing platform . We'll be back with more stories that matter . Until then , stay curious .

Transcript source: Provided by creator in RSS feed: download file