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Tag: Elon Musk

Leave Twitter, focus on Tesla, Investors tell Elon Musk
Tech

Musk eyes chip manufacturing company for Tesla, SpaceX

Elon Musk has outlined ambitious plans for a chip manufacturing collaboration involving his companies Tesla and SpaceX. Musk shared the plans on Saturday night at an event in downtown Austin, Texas, according to Bloomberg. A photo from the event suggests that the proposed “Terafab” facility would be located near Tesla’s Austin headquarters and its “Gigafactory.” […]

Elon Musk to remove light mode on 'X' platform
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Musk found guilty of misleading Twitter shareholders to acquire company

A federal jury in San Francisco, California, ruled on Friday that tech billionaire Elon Musk provided false information to Twitter shareholders, leading to a drop in the company’s stock price during his preparations to acquire it for $44 billion. The verdict came in a class-action securities lawsuit. It could force Musk, currently the world’s richest […]

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

XAI undergoing rebuild after key co-founder’s exit – Musk

xAI is under mounting competitive pressure after co-founders Zihang Dai and Guodong Zhang departed this week. The exits follow criticism from Elon Musk, who expressed concern that the company’s AI coding tools were falling short against rivals Claude Code and Codex, developed by Anthropic and OpenAI, respectively. “xAI was not built right first time around, […]

Elon Musk denounces French X probe as politically motivated
Life Style

Elon Musk becomes richest man in history at $839bn

Elon Musk has been confirmed as the wealthiest individual in history, with an estimated net worth of $839 billion, according to Forbes. The publication released its annual World’s Billionaires list on Tuesday, revealing that a record 3,428 billionaires now exist globally. Their combined wealth reached an unprecedented all-time high of $20.1 trillion. Musk retained the […]

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
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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
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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 […]

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