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Tag: Elon Musk

Elon Musk announces upcoming release of AI chatbot Grok 3
Tech

Musk confirms xAI’s Grok 3 Chatbot launch on Monday

Elon Musk announced that xAI’s Grok 3 chatbot will launch with a live demo on Monday. Earlier this week, Musk stated that Grok 3 was nearing completion and would be released within one to two weeks. He hinted at Grok 3’s launch during a video conference at the World Government Summit in Dubai on Thursday, […]

Elon Musk’s xAI in talks to raise $10bn at $75bn valuation
News

Elon Musk’s xAI in talks to raise $10bn at $75bn valuation

Elon Musk’s artificial intelligence startup, xAI, is in discussions to raise $10 billion in new funding, potentially valuing the company at around $75 billion, Bloomberg News reported on Friday. Existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners, are reportedly in talks to participate in the funding round. Neither xAI nor the investors […]

OpenAI board rejects Elon Musk-led buyout offer
featured Tech

OpenAI rejects Elon Musk-led buyout offer

OpenAI’s board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company for $97.4 billion. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” chairman of the board Bret Taylor said in a statement posted by […]

Elon Musk announces upcoming release of AI chatbot Grok 3
News

Elon Musk announces upcoming release of AI chatbot Grok 3

Billionaire tech entrepreneur Elon Musk revealed on Thursday that Grok 3, the latest version of his AI chatbot and a direct competitor to OpenAI’s ChatGPT, is in the final stages of development and set for release within the next two weeks. Speaking via video call at the World Governments Summit in Dubai, Musk touted Grok […]

X to launch long-form video on smart TVs soon
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No plans to buy TikTok – Elon Musk

The CEO of Tesla and SpaceX, Elon Musk, has stated that he has no interest in acquiring TikTok. He confirmed that he has not made a bid for the platform and has no plans to do so, during the WELT Economic Summit on January 28. “I have not put in a bid for TikTok,” Elon […]

X to launch long-form video on smart TVs soon
Tech

Paris prosecutors probe Musk’s X for alleged algorithm bias

French prosecutors have initiated an investigation into Elon Musk’s social media platform, X (formerly known as Twitter), over allegations of algorithmic bias. This action follows a report submitted by centrist lawmaker Eric Bothorel on January 12, expressing concerns that X’s algorithms may have distorted the operation of automated data processing systems, according to Reuters. The […]

Starlink withdraws from South African regulatory hearings
News

Musk’s DOGE initiative eyes US spending cuts, USAID elimination

Elon Musk, who now leads the United States government efficiency initiative known as DOGE, outlined plans for significant cuts to US spending and regulations, including the elimination of the US Agency for International Development. He also suggested that the bond market should express gratitude for these changes. “We’ve just got to do wholesale spring cleaning” […]

X to resume headlines display - Elon Musk
Tech

X partners Visa to launch in-app financial services

Elon Musk’s X (formerly Twitter) has announced a partnership with Visa as part of its plan to introduce a digital wallet for instant payments on the platform. X Chief Executive Officer, Linda Yaccarino revealed in a post that Visa will be the first partner for X Money, which is set to launch alongside the X […]

Elon Musk’s xAI in talks to raise $10bn at $75bn valuation
News

X launches vertical video tab amid TikTok ban uncertainty

X, formerly Twitter, is introducing a dedicated vertical video feed in its app, aiming to capitalize on the uncertainty surrounding ByteDance-owned apps like TikTok and Lemon8 in the U.S. The company announced on Sunday that a new video tab will appear in the app’s bottom bar for U.S. users, offering quicker access to video content. […]

Elon Musk denounces French X probe as politically motivated
News

Elon Musk’s lawyer urges attorney generals to auction OpenAI stake

A lawyer representing Elon Musk has urged the attorneys general of California and Delaware to pressure OpenAI to auction off a major stake in its business. The goal is to establish a fair market value for the company’s charitable assets amid its ongoing corporate restructuring, sources familiar with the matter told Reuters on Thursday. Marc […]

Elon Musk’s home sparks dispute with Texas neighbours
News

Musk’s investments posed no threat to Italy, says PM

Prime Minister Giorgia Meloni has stated that investments by companies owned by Elon Musk, do not pose a threat to Italy. This follows concerns raised by some regarding the influence of foreign companies. “I work to have major investments in Italy and evaluate the usefulness of each investment through the prism of our national interest,” […]

Elon Musk’s home sparks dispute with Texas neighbours
News

‘Terrorist’ picked wrong vehicle for Trump hotel explosion – Musk

Tesla’s CEO, Elon Musk, has confirmed that the explosion was caused by fireworks and fuel loaded in the truck’s bed, rather than a fault with the vehicle itself. The explosion occurred at approximately 8:40 a.m. local time in the hotel’s valet area, where the Cybertruck, rented in Colorado, had been parked. Investigators believe the driver, […]

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