Chamath Palihapitiya’s New SPAC Targets AI, Crypto, and Clean Energy Growth

Venture capitalist Chamath Palihapitiya has launched a new Special Purpose Acquisition Company (SPAC) aimed at capitalizing on the growth of artificial intelligence, cryptocurrency, and clean energy. According to a recent filing with the SEC, the SPAC plans to merge with a business operating in four key areas: artificial intelligence, decentralized finance (DeFi), energy, and defense.