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Oil losses continue as Brent oil sells at $78 per barrel

Brent oil hits $87 amid US-Israel-Iran war

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Tag: Elon Musk

Tesla whistleblower wins legal fight against Elon Musk
Tech

Nobody committed suicide because of Grok – Musk

Elon Musk has criticised the OpenAI’s approach to safety, asserting that his own firm, xAI, takes safety more seriously. Musk made this disclosure in a deposition recently submitted in his lawsuit against OpenAI. Musk added, “Nobody has committed suicide because of Grok, but apparently they have because of ChatGPT.” The remark arose during questioning about […]

Tesla partners Baidu to enhance self-driving system
Business

Tesla must pay family of autopilot crash victim, US judge rules

A United States federal judge in Miami has rejected Tesla’s attempt to overturn a $243 million verdict, leaving the automaker liable to compensate the family of Naibel Benavides, who was killed, and survivor Dillon Angulo after a 2019 Autopilot-related crash. The collision occurred in Key Largo while George McGee was driving his Model S using […]

Elon Musk’s xAI secures $10bn in funding to expand AI
Tech

Saudi-backed firm commits $3bn to Musk’s AI venture

Saudi-backed artificial intelligence firm Humain has invested $3 billion in xAI, the AI startup founded by Elon Musk, according to a statement released Wednesday. The investment makes Humain a significant minority shareholder. The company noted that the funding was completed shortly before xAI’s acquisition by Musk’s space exploration firm SpaceX, and that Humain’s stake will […]

Tech

Musk’s X faces EU probe over harmful AI-generated content

Ireland’s data protection authority, representing the European, opened an investigation on Tuesday, February 17, into Elon Musk’s X over its AI chatbot Grok generating sexualized deepfake images. The move marks the latest stage of international scrutiny over the tool. The Data Protection Commission described it as a “large-scale inquiry” into possible violations of the EU’s […]

Musk’s X faces lawsuit for allegedly withholding staff bonuses
featured Life Style

Elon Musk named America’s greatest innovator

Tech billionaire, Elon Musk, has been named America’s top living innovator by Forbes, leading the magazine’s newly released ranking of the 250 greatest innovators. The ranking, unveiled on Thursday, forms part of a year-long series celebrating the 250th anniversary of the United States. Forbes said the list highlights people who not only invent new ideas […]

Elon Musk’s xAI secures $10bn in funding to expand AI
featured Tech

Musk loses two co-founders from X in days

Elon Musk’s xAI has seen its second co-founder, Jimmy Ba, leave just two days after the first, Tony Wu left. On Tuesday, influential researcher Ba announced his departure on X, expressing gratitude to Musk and saying he was “grateful to have helped cofound at the start.” Ba’s exit follows that of fellow co-founder Wu, who […]

Tech

Elon Musk’s X targeted in French cyber-crime probe

The Paris prosecutor’s cyber-crime unit has raided the French offices of Elon Musk’s X as part of an investigation into alleged offences, including unlawful data extraction and complicity in the possession of child pornography. The prosecutor’s office also confirmed that both Musk and former X CEO Linda Yaccarino have been summoned to appear at hearings […]

Elon Musk’s xAI secures $10bn in funding to expand AI
Tech

Musk’s SpaceX acquires AI startup xAI in landmark deal

Elon Musk announced on Monday that SpaceX has acquired his AI startup, xAI, in a landmark deal that merges his ventures in artificial intelligence and space exploration. The acquisition brings together SpaceX, known for rockets and satellites, with xAI, the creator of the Grok chatbot. The deal is one of the most ambitious in the […]

Tesla whistleblower wins legal fight against Elon Musk
Tech

Musk ends Model S, X lines as Tesla shifts to humanoid robots

Tesla CEO Elon Musk announced on Wednesday that the company will stop producing the Model S and Model X, shifting its Fremont, California factory to manufacture Optimus humanoid robots. “It’s time to basically bring the Model S and X programs to an end with an honorable discharge,” Musk said on the company’s fourth-quarter earnings call. […]

X to display ads on Grok’s AI responses
Tech

EU probes X platform after Grok generates explicit material

The European Commission announced on Monday that it has launched an investigation into Elon Musk’s X platform over the dissemination of sexually explicit content by the AI chatbot Grok. The inquiry is being carried out under the European Union’s comprehensive Digital Services Act. “The new investigation will assess whether the company properly assessed and mitigated […]

Musk to resign from Trump govt amid backlash, Tesla shares crash
featured Life Style

Elon Musk’s wealth nears $800bn after xAI surge

Elon Musk’s wealth has climbed toward $800 billion after a fresh funding round. The deal sharply revalued his artificial intelligence and social media venture, xAI Holdings. This is according to reports by Forbes, which tracks the net worth of billionaires. Private investors recently valued the company at $250 billion. That figure is more than double […]

Musk's DOGE team allegedly spying on US govt workers
Tech

Tesla nears completion of AI5 self-driving chip design – Musk

Tesla CEO Elon Musk said on Saturday that the company has almost finished designing its AI5 self-driving computer chip. This development of the AI6 chip is already underway, with Tesla targeting a nine-month design cycle for its next-generation chips. “Our AI5 chip design is almost done, and AI6 is in early stages, but there will […]

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