Elon Musk News

Subscribe to enjoy similar stories.Elon Musk, who co-founded OpenAI as a non-profit entity in 2015 along with Sam Altman and others, has suffered a setback. His lawsuit against Altman for turning a carved-out subsidiary of OpenAI into a profit-oriented entity has been rejected by a US court. Musk’s suit was found to be too late under the law of limitations, which prevents legal action against an event after a specified time lapse.

Subscribe to enjoy similar stories.Artificial intelligence is like a cake, says Jensen Huang, the boss of Nvidia, a chipmaker. ai applications, such as chatbots, are at the top. The next layer down is software, like the large language models (llms) on which chatbots run.

Subscribe to enjoy similar stories.A judge tossed Elon Musk’s $150 billion lawsuit against OpenAI’s Sam Altman this week after the jury determined that the Tesla CEO waited too long to file his claim. Mr. Musk said the verdict was decided on a “calendar technicality” and vowed to appeal, so perhaps this courtroom battle over artificial-intelligence supremacy isn’t over.Essentially, Mr.

Subscribe to enjoy similar stories.IF There has been a common narrative around artificial intelligence this year, it is that advances in the technology are shaking up the vast—and hitherto cosy—world of software. In order to keep this blitzkrieg going, the labs at the forefront of AI need to raise enormous amounts of money.

Subscribe to enjoy similar stories.Tesla’s stock rose early, then fell, then rose again on Wednesday as CEO Elon Musk heads to China.Shares of the electric-vehicle maker traded up early, then dropped to as low as $430.21 before rising to $445.27, up 2.7% on the day, while the S&P 500 gained 0.6% and the Dow Jones Industrial Average fell 0.1%Tesla shares fell 2.6% on Tuesday, snapping a four-day winning streak that raised Tesla stock more than 14%. One thing sending shares higher was the hope that Tesla was close to receiving approval to sell its Full Self Driving, or FSD, driver-assistance product in China.Americans can pay $99 a month for FSD.

Subscribe to enjoy similar stories.Skyroot Aerospace Pvt. Ltd.

Subscribe to enjoy similar stories.A public feud that played out on social media for years is now having its day in court. Tech billionaire Elon Musk took the stand this week and described OpenAI as a “stolen charity”, escalating a legal battle that is at the heart of the global artificial intelligence (AI) race.The lawsuit, filed by Musk against OpenAI and its chief executive, Sam Altman, also a billionaire, seeks damages of around $150 billion and challenges the company’s shift from a non-profit research lab to a commercial AI powerhouse.The case comes at a time when OpenAI is updating its guiding principles, reworking key partnerships, and expanding its footprint across cloud platforms.

Subscribe to enjoy similar stories.Dario Amodei, Sam Altman, Demis Hassabis, Mark Zuckerberg, Elon Musk—a recent Economist article describes them as the small, powerful group of five men who will determine the path along which artificial intelligence (AI) evolves. Their fellow AI pioneer Geoffrey Hinton, who invented the neural network system that enables AI models to learn like humans, quit Google in 2023 to alert the world that while further development of AI could lead us to a utopian future, it could equally lead us to a dystopian one.

Write to Ian Lovett at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Subscribe to enjoy similar stories. Sprawling conglomerates fell out of fashion long ago in America. Elon Musk is giving them new life.

Subscribe to enjoy similar stories. If you could safely implant a chip in your brain to enhance your intelligence, would you? Some of Silicon Valley’s most powerful technologists want that future, including Elon Musk, who recently said he would ramp up production of his Neuralink brain chips this year as part of a noble effort to ensure humans can keep pace with superintelligent AI systems that might one day go awry.

Subscribe to enjoy similar stories. OpenAI is laying the groundwork for a public listing in the fourth quarter of this year, people familiar with the matter said, accelerating its plans as competition with rival Anthropic intensifies. The $500 billion startup is holding informal talks with Wall Street banks about a potential public listing, people familiar with the matter said, and is growing its finance team.

Subscribe to enjoy similar stories. Is Tesla about to shift its business focus from electric vehicles (EVs) to humanoid robots? Hit by Chinese rivals like BYD, the EV maker reported its first-ever annual drop in revenue, down 3% to $94.8 billion in 2025. Its chief Elon Musk has said it will quit rolling out its pricey S and X models.

Subscribe to enjoy similar stories. Editor’s note (January 15th 2025): This article has been updated to take in developments. FROM DRUG use to libel suits, Elon Musk has long been able to shrug off problems that would have imperilled most bosses.

Subscribe to enjoy similar stories. Tesla is set to become the largest global maker of artificial-intelligence chips, according to CEO Elon Musk. As part of that effort it is restarting its AI supercomputer project to improve its self-driving and robotics technology.

Subscribe to enjoy similar stories. Silicon Valley is filled with all sorts of dreams. But one of those wild-eyed ideas, long debated on subreddits and in hacker houses, is becoming a real-life nightmare: Will the AI boom be the last chance to get rich before artificial intelligence makes money essentially worthless? The argument is that tech companies (and their leaders) will become a class unto their own with infinite wealth.

Subscribe to enjoy similar stories. The Year 1926 saw remarkable change around the world. Fidel Castro and Queen Elizabeth II were born that year.

Mint.During the hour-long meeting, X executives explained how the image-editing feature functioned. They offered an example: if billionaire Elon Musk appeared in a photograph alongside other technology executives and users prompted the tool to remove “the most racist person”, Grok might remove Musk, this person said.The explanation failed to reassure regulators.

Subscribe to enjoy similar stories. Rather than pursue a conventional initial public offering, SpaceX could go public through a merger with wireless phone, TV and satellite company EchoStar. It’s an admittedly an unconventional and seemingly far-fetched idea, but SpaceX’s leader and controlling shareholder, Elon Musk, is a maverick who has succeeded by flouting conventional rules.

Denmark has cancelled Christmas—or Christmas cards at any rate. From the end of this month, the nation’s postal service will no longer carry letters.

The 27-country bloc faces 25 per cent import tariffs on steel and aluminium and cars and 'reciprocal' tariffs of 20 per cent from Wednesday for almost all other goods. President Trump's tariffs cover some 70 per cent of the EU's exports to the United States — worth in total 532 billion euros ($585 billion) last year — with likely duties on copper, pharmaceuticals, semiconductors and timber still to come. When Trump hit steel and aluminium imports with a 25 percent tariff in March, the EU decided on «an eye for an eye» approach. «We will react in areas where it hurts the United States,» a senior EU official said. Officials have previously said the EU will target goods from politically important US states, including soybeans produced in Louisiana, the home of US Speaker Mike Johnson, who pushes Trump's agenda in Congress. The is happening even though, President Trump's one of the closest advisers billionaire Elon Musk told Italy League leader Matteo Salvini on Saturday that he hoped in the future the US and Europe could create «a very close, stronger partnership» and reach a «zero-tariff zone.» Musk spoke to Salvini in a video conference during the League's congress in Florence. Salvini is the leader of the far-right, anti-migrant League party and vice premier of the Italian conservative government led by Premier Giorgia Meloni.