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Elon Musk hit with $1.5M fine in Twitter disclosures settlement
Elon Musk will pay the massive fine to settle a long-running Securities and Exchange Commission lawsuit over his 2022 acquisition of Twitter. The deal resolves allegations that Musk delayed disclosing his initial stake in the company.
Louisiana incentivizing aerospace companies like Elon Musk's SpaceX
Louisiana lawmakers are incentivizing aerospace companies to set up operations in the state. Is Elon Musk planning to build a SpaceX center? What we know.
Shivon Zilis, mother of Elon Musk’s kids and former OpenAI board member, testifies in explosive case
Shivon Zilis, Elon Musk’s romantic partner and the mother of four of his children, testified Wednesday in his explosive lawsuit against OpenAI – fielding questions about whether she “funneled” information to Musk while she was sitting on OpenAI’s board.
Elon Musk considers site not far from Houston for new chipmaking facility
Elon Musk appears to have identified a site for his massive Terafab chipmaking facility — and it's right outside of Aggieland ...
Where to listen to the Elon Musk vs. Sam Altman court case
Elon Musk and Sam Altman, both co-founders of OpenAI, are currently in court as Musk is accusing Altman of abandoning an ...
Factbox - Elon Musk lays out Terafab AI chip project plan
May 6 (Reuters) - SpaceX has proposed an initial $55 billion investment to build a semiconductor manufacturing facility in ...
Elon Musk Teams Up With Anthropic, a Company He’s Called ‘Evil’
According to Anthropic, the deal will allow it to crank back up some of the rate limits it has been throttling in recent weeks. In a press release, the company said it will double Claude Code’s ...
Elon Musk proposes $55 billion Terafab facility near College Station
Grimes County commissioners are expected to consider a property tax abatement agreement for a $55 billion facility proposed ...
Elon Musk Wanted Tesla to Take Over OpenAI, Romantic Partner Testifies in Court
Shivon Zilis took the stand in court for questioning on whether she “funneled” information to Musk while sitting on the board ...
Former OpenAI board member says Elon Musk offered her sperm donations
"I still really wanted to be a mum and Elon made the offer around that time and I accepted," she said, explaining Musk in ...
Elon Musk’s Last-Ditch Effort to Control OpenAI: Recruit Sam Altman to Tesla
Messages between Shivon Zilis and Tesla executives reveal plans in 2017 to start a rival AI lab, potentially led by Altman or Demis Hassabis.
A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom
The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size.
Google’s AI Overviews killed 58 per cent of publisher clicks. Now it is adding a ‘Further Exploration’ section to bring some back.
Google has a publisher problem. AI Overviews, the AI-generated summaries that now appear at the top of search results for a growing share of queries, have been correlated with a 58 per cent reduction in click-through rates to the websites whose content those summaries are built on. Penske Media has filed an antitrust lawsuit. The […]This story continues at The Next Web
Snap lost a 400 million dollar AI deal, 20 million dollars a month to the Iran war, and 24 per cent of its stock price. The AR glasses had better work.
Snap reported first-quarter earnings on Tuesday that should have been unremarkable: revenue up 12 per cent to 1.53 billion dollars, adjusted EBITDA more than doubled to 233 million dollars, free cash flow nearly tripled to 286 million dollars. The stock fell four per cent. The reason was not in the numbers Snap reported but in […]This story continues at The Next Web
Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says.
Barry Diller defended OpenAI CEO Sam Altman, while warning that AGI remains an unpredictable force needing guardrails.
Nyobolt’s batteries charge in seconds and last 20,000 cycles. The customer that made it a unicorn is a warehouse robot.
The battery that made Nyobolt a unicorn does not power a car. It powers a warehouse robot. The Cambridge-based startup announced on Tuesday that it has closed a 60 million dollar Series C round at a one billion dollar valuation, led by Symbotic, the Nasdaq-listed AI robotics company whose SymBot autonomous mobile robots already run […]This story continues at The Next Web
Snap says its $400M deal with Perplexity ‘amicably ended’
The deal, announced last November, would have seen Perplexity's AI search engine integrated directly into Snapchat.
Is xAI a neocloud now?
xAI's real business may be more about building data centers than training AI models.
Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars.
In April, Ukrainian President Volodymyr Zelensky announced that his forces had, for the first time in the history of warfare, seized an enemy position using only unmanned systems. No infantry. No human soldiers entering the contested ground. Drones and ground robots identified the target, suppressed defensive fire, and captured the position without a single Ukrainian […]This story continues at The Next Web
Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company.
Uber missed its revenue estimate on Tuesday. The stock jumped 10 per cent. The divergence between the number Wall Street expected and the number the market rewarded tells the story of a company that has crossed a threshold: Uber is no longer being priced as a ride-hailing business that also delivers food. It is being […]This story continues at The Next Web