Elon Financial News

15.07 / 02:35

Twitter Microsoft Google Software Tesla elon Elon Musk says new company xAI will examine universe, work with Twitter and Tesla

xAI, will be to "understand the universe." In an often meandering 90-minute long Twitter Spaces audio chat, the billionaire discussed his vision for xAI for the first time while veering into topics such as the Earth's evolution and the fragility of civilization. In seeking to deepen the understanding of the universe, Musk joked that xAI's mission statement would be "what the hell is really going on?" Musk announced the formation of xAI on Wednesday after accusing companies like OpenAI and Google of developing the technology without considering risks to humans. OpenAI and Google did not respond to request for comment.

13.07 / 17:31

Provident Twitter Target Progressive Action settlement elon Elon Musk’s Twitter Asks Court to Terminate FTC Settlement

Elon Musk’s Twitter asked a federal court to terminate a 2022 settlement it agreed to with the Federal Trade Commission over alleged privacy violations, saying it had been subject to a “burdensome and vexatious enforcement investigation." The move came hours before House Republicans and FTC Chair Lina Khan clashed at a hearing Thursday over her agency’s investigation of Twitter and what her critics say is an antibusiness agenda. The FTC is examining whether Twitter under Musk is protecting users’ privacy.

13.07 / 17:03

Manufacturing Tesla 500 elon No tax waiver for Tesla, says official as Elon Musk-led company mulls manufacture of 500,000 EVs in India

Musk said Indian Prime Minister Narendra Modi was pushing the car maker to make a "significant investment" in the country. He had added that such an announcement was expected soon. (With inputs from agencies)

13.07 / 12:21

Twitter Microsoft Google CEO Tesla BAY SpaceX AI startup elon Elon Musk unveils his new AI startup with a team of top researchers but a vague mission

Elon Musk is finally starting to talk about the artificial intelligence company he founded to compete with ChatGPT-maker OpenAI

13.07 / 10:11

Twitter FIVE CEO Platform Racing elon Elon Musk's Twitter files lawsuit against 4 unnamed Texas entities for data scraping: Report

Elon Musk owned Twitter had limited the number of tweets a user can view, read or engage with recently. Amid surging debate over the move enforced by Elon Musk and Twitter, the social media giant has filed a lawsuit against four unnamed entities in Texas for data scraping, a local TV station said on Wednesday. The report stated that the volume of automated sign-up requests from the four defendants' IP addresses far exceeded what any single person could send to a person, which severely taxed Twitter's servers. The report further mentioned that the lawsuit was filed on 6 July in the District Court of Dallas County in Texas.

13.07 / 08:25

Provident Twitter Manufacturing Google CEO Tesla SpaceX elon Elon Musk's new company xAI set to take on OpenAI, Google: 7 things to know

Elon Musk finally launched his highly anticipated artificial intelligence startup, xAI. The company's team consists of engineers recruited from major U.S. technology firms, which Musk aims to rival as he strives to create an alternative to ChatGPT.

13.07 / 07:27

Twitter Target Reuters Merit Action 500 elon NOT Elon Musk accused of not paying $500 million in severance, ex-employees sue Twitter

Elon Musk acquired Twitter Inc in 2022, the microblogging site on Wednesday was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were sacked in the layoff drive, according to a report published by Reuters. Courtney McMillian oversaw Twitter's employee benefits programs as its "head of total rewards" before she was laid off in January. She filed the proposed class action in San Francisco federal court.

13.07 / 07:07

Microsoft CEO Tesla SpaceX elon Here's everything you want to know about xAI, Elon Musk’s latest gamble with AI

Elon Musk now has his eyes set on artificial intelligence (XAI) On Wednesday, Musk announced the launch of a new company, xAI, in an attempt to “understand the true nature of the universe”.https://twitter.com/elonmusk/status/1679164661869182976?s=20 Musk’s entry into the AI space comes when the entire field of study is undergoing a paradigm shift following the launch of OpenAI’s generative AI chatbot ChatGPT last November. ETtech answers some key questions about Musk’s latest ventureWhat is xAI? As the name suggests, xAI is an AI company whose goal — according to the company’s website — is to understand the true nature of the universe.

13.07 / 02:03

UPS Twitter MET Cooper Remark Tesla Framework International elon Elon Musk thinks China is interested in an international AI framework

Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from conversations he had when he visited China a few weeks ago.Musk made the remarks in a Twitter Space event with two U.S. congressmen, Democrat Ro Khanna and Republican Mike Gallagher.

13.07 / 01:27

UPS Twitter Microsoft Google CEO Tesla SpaceX elon Elon Musk launches AI firm xAI as he looks to take on OpenAI

(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of engineers from the same big U.S. technology firms that he hopes to challenge in his bid to build an alternative to ChatGPT.

12.07 / 20:21

Artificial Intelligence FET Fetch.ai AGIX AI coins elon PUMP AI Coins Pump as Elon Musk Launches ChatGPT Competitor – Where Next for RNDR, FET and AGIX?

Cryptocurrencies that boast a strong artificial intelligence (AI)-linked use case, such as Render Network (RNDR), SingularityNET (AGIX) and Fetch.ai (FET) have seen a pump on Wednesday amid positive AI news.

12.07 / 17:49

business elon Elon Musk kickstarts new AI company to 'understand the universe'

American business magnate Elon Musk has launched a novel company dubbed "xAI" with the goal of understanding "the true nature of the universe."

12.07 / 17:13

UPS Twitter Microsoft Google CEO elon Elon Musk's AI firm xAI launches website

Elon Musk's xAI on Wednesday announced the formation of the artificial intelligence (AI) startup with the launch of its website, unveiling a team made up of engineers who have worked at companies from Alphabet-owned Google to Microsoft and OpenAI. The startup will be led by Musk, the CEO of Tesla and owner of Twitter, who has said on several occasions that the development of AI should be paused and that the sector needs regulation.

12.07 / 08:33

Provident CEO Fighting Remark Tesla Meta Ceo Training elon Is Elon Musk vs Mark Zuckerberg cage fight still on? Meta CEO spotted training with UFC champions..

Elon Musk, has joined forces with two prominent UFC champions. According to TMZ, Mark Zuckerberg has dedicated the past few days to intense training sessions alongside two UFC champions: Israel Adesanya, the middleweight champion, and Alexander Volkanovski, the featherweight champion. Following Saturday night's UFC 290 showcase in Las Vegas, both fighters immediately traveled to Zuckerberg's residence in Northern California to assist him in his preparations.

11.07 / 20:49

UPS Citi Twitter Career Tesla SpaceX elon A Glass House for Elon Musk Sparks Internal Tesla Probe

Inside Tesla, it was known as “Project 42," and the plans called for a dramatic glass-walled building to rise near the automaker’s headquarters outside this capital city. Internally, the secret project was described as a house for Chief Executive Elon Musk. One concept showed a structure in the shape of a twisted hexagon on waterfront land with Tesla’s factory in the background, according to a document reviewed by The Wall Street Journal.

11.07 / 01:37

Twitter CEO Platform Matthews UBS SpaceX Meta Ceo elon There is only one Twitter: CEO Linda Yaccarino as platform sees largest usage day; Elon Musk reacts, says THIS

ChatGPT as the fastest-growing online platform to hit the milestone. Threads has been setting records for user growth since its launch on Wednesday, with celebrities, politicians and other newsmakers joining the platform that is seen by analysts as the first serious threat to the Elon Musk-owned microblogging app. The app's sprint to 100 million users was much speedier than that of OpenAI-owned ChatGPT, which became the fastest-growing consumer application in history in January about two months after its launch, according to a UBS study.

10.07 / 06:21

UPS Twitter CEO Platform Fighting Tesla elon Elon Musk to take over Meta for a day if he wins a cage fight against Mark Zuckerberg? Here’s the truth

Mark Zuckerberg, two renowned billionaires in the tech industry, have recently agreed to engage in a highly anticipated cage fight. Musk, the CEO of Tesla, initially challenged Zuckerberg, the CEO of Meta, to this unusual confrontation. "Are you up for a cage fight?" Musk provocatively inquired.

10.07 / 06:17

Facebook Provident Waves Twitter CEO Platform Remark Meta Platforms elon Elon Musk's Twitter Vs Mark Zuckerberg's Threads: 10 major differences between the apps

Mark Zuckerberg, the renowned CEO of Meta Platforms, made headlines on July 6, 2023, as he unveiled Threads, an innovative app that has quickly gained substantial traction. Often touted as a formidable rival to Twitter, Threads witnessed a remarkable surge in popularity, amassing over 30 million sign-ups in a mere 18-hour period. This unprecedented response has sparked a wave of enthusiasm among users and industry observers alike.

10.07 / 05:39

Twitter CEO Platform SpaceX elon Threads vs Twitter: Elon Musk calls Mark Zuckberberg a ‘cuck’ as Threads nears 100mn users

Elon Musk and Mark Zuckerberg are in a constant war of words these days. The friction has significantly increased since the launch of the Threads app last week. The duo have been taking jibes on each other online.

09.07 / 18:53

Twitter elon 'I look insane..': Elon Musk reacts after his childhood pic goes viral

Elon Musk is known for making headlines with his intriguing social media presence, as he often shares varied posts and memes to react to his AI-generated pictures and online activities. But this time, Musk captured everyone’s attention as he shared a response to his viral childhood picture.

09.07 / 03:35

UPS Twitter Man Action Tesla SpaceX elon Elon Musk's X Corp files lawsuit against law firm to recoup fees from Twitter buyout

World's richest man and the owner of Tesla and SpaceX, Elon Musk, took legal action against law firm Wachtell, Lipton, Rosen & Katz. In the lawsuit, Elon Musk claimed it took advantage of the company while running up a $90 million bill. Twitter owner has demanded the recovery of the $90 million fee his company gave to the law firm for defeating his bid to walk away from his $44 billion buyout of the social media company.

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