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Elon Musk Paid High Price For Twitter But After Years Of Declining Value, X Is Once Again Worth $44 Billion
Wednesday, March 19, 2025 - 3:17pm | 1088Billionaire Elon Musk paid $44 billion to acquire social media platform Twitter, which he later rebranded to X. The valuation of the platform has declined sharply since the 2022 purchase with Fidelity marking the value down by 72% as of December. A new report shows a secondary deal for the company...
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Elon Musk's xAI Expands, Apple Delays Siri, Meta's AI Assistant May Get Paid Subscriptions, And More: This Week In AI
Sunday, March 9, 2025 - 9:00am | 582The past week was a whirlwind of activity in the tech world, with artificial intelligence (AI) taking center stage. From Elon Musk‘s xAI expanding its supercomputer footprint to Apple Inc. (NASDAQ:AAPL) delaying its next-gen Siri, the AI landscape continues to evolve. Here...
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Elon Musk's xAI Acquires 1-Million-Square-Foot Property In Memphis For Supercomputer Expansion
Saturday, March 8, 2025 - 12:10am | 500Elon Musk's AI venture xAI has purchased a 1-million-square-foot property in Southwest Memphis, Tennessee. What Happened: The new investment builds on xAI's December announcement, where it detailed plans to scale Colossus to house at least one million GPUs in the state. The Greater Memphis Chamber...
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Super Micro Stock Soars On Nasdaq Compliance, But Can The Rally Hold?
Wednesday, February 26, 2025 - 10:08am | 645Super Micro Computer Inc. (NASDAQ:SMCI) just dodged a major bullet, and Wall Street is cheering. The artificial intelligence-focused server maker skyrocketed over 26% in premarket trading on Wednesday after announcing it had regained compliance with Nasdaq's filing requirements. But while the...
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Elon Musk's Grok AI Silences Trump, Tesla CEO's Misinformation Claims, Then Backtracks — xAI Blames Former OpenAI Employee
Monday, February 24, 2025 - 1:53am | 1034Grok, the artificial intelligence chatbot developed by Elon Musk's xAI, briefly halted responses that suggested he and Donald Trump were spreading misinformation. Now the startup has linked this action to an unauthorized modification by a former OpenAI employee now working at xAI. What Happened:...
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Bill Gates' Concerns, Nvidia' Leap In Genetic Research, Elon Musk's Grok Beats OpenAI's ChatGPT, And More: This Week In AI
Sunday, February 23, 2025 - 10:00am | 582The week was abuzz with news from the tech world, with artificial intelligence (AI) taking center stage. From Bill Gates issuing a warning to the next generation to Nvidia Corp. (NASDAQ:NVDA) and Alibaba Group Holding Ltd. (NYSE:BABA) making strides in AI, the weekend was anything but quiet. Let...
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Elon Musk Will Unleash Grok 3 Tonight: Tesla Integration, Live-Voice Mode, And More — Here's What To Expect
Monday, February 17, 2025 - 10:45pm | 696Over the weekend, Elon Musk announced that xAI is set to unveil the latest edition of his AI chatbot, Grok 3, in a live demo scheduled for Monday, Feb. 17, 2025, at 8 p.m. PT. Now just hours ahead of the scheduled demo, here's everything that we can expect: Tesla Integration: AI On Wheels One...
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Elon Musk's xAI To Unveil Grok 3 On Monday As AI Race With ChatGPT-Parent OpenAI And China's DeepSeek Heats Up
Sunday, February 16, 2025 - 9:35pm | 504Elon Musk’s xAI plans to unveil its latest chatbot, Grok 3, on Monday. What Happened: Musk took to X, formerly Twitter, and shared the development calling Grok 3 the "Smartest AI on Earth." The launch will feature a demonstration at 8 p.m. Pacific time. Grok 3 release with live demo on...
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Elon Musk Co-Founded OpenAI, Now He's Bidding $97.4B To Take Back The Company
Monday, February 10, 2025 - 5:29pm | 672A group of investors led by the world's richest person Elon Musk has made a $97.4-billion offer to acquire control of OpenAI, the nonprofit AI giant Musk once co-founded. What Happened: Musk, who has sued OpenAI as the company attempts to transition to a for-profit structure, previously founded the...
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Palantir Adds Elon Musk's AI Chatbot Grok To AIP
Thursday, February 6, 2025 - 12:17pm | 495Palantir Technologies, Inc. (NASDAQ:PLTR) announced on Thursday that it has added xAI's large language model Grok to its AIP platform. The Details: Grok, developed by Elon Musk's AI start-up xAI, is now available in Palantir's AIP in addition to other LLMs including Meta's Llama, Gemini, GPT-...
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xAI's Grok Chatbot To Be Integrated Into Tesla Vehicles 'Soon,' Says Elon Musk
Wednesday, January 8, 2025 - 4:05am | 437Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Tuesday said that Grok chatbot, created by his artificial intelligence startup xAI, is going to be integrated into Tesla vehicles “soon.” What Happened: “Grok in Teslas is coming soon. So you will be able to talk to your Tesla and ask for...
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Elon Musk Gets Support From 'Godfather Of AI' Geoffrey Hinton In Battle Against OpenAI
Thursday, January 2, 2025 - 7:17pm | 691A battle between Elon Musk and Sam Altman over the new course of OpenAI was one of the bigger stories for 2024 in the artificial intelligence sector. With the case far from closed, the well-known "Godfather of AI" Geoffrey Hinton is weighing in and taking sides. What Happened: A push by OpenAI to...
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Elon Musk's xAI Secures $6 Billion In Series C Funding To Expand Colossus Supercomputer, Attracts Investments From Nvidia And BlackRock
Tuesday, December 24, 2024 - 1:33am | 448Elon Musk‘s artificial intelligence company xAI announced on Monday it has secured $6 billion in Series C funding from major technology and financial institutions, marking its second major funding round this year. What Happened: The investment includes strategic participation from NVIDIA...
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Elon Musk A Legendary Entrepreneur But Also A Bully, Says OpenAI CEO Sam Altman: 'Now It's Me, It's Been Bezos, Gates, Zuckerberg, Lots Of Other People'
Friday, December 20, 2024 - 2:44am | 633OpenAI CEO Sam Altman has criticized Elon Musk, calling him a legendary entrepreneur but also a “bully.” What Happened: In an interview with Free Press Journal, Altman noted that Musk would likely be content with OpenAI’s progress if he was at the helm. “Elon definitely did...
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Sam Altman To Donate $1M To Trump's Inauguration Fund, Following Zuckerberg, Bezos: 'Eager To Support'
Friday, December 13, 2024 - 10:58am | 769OpenAI CEO Sam Altman is the latest billionaire to announce a donation to the inauguration fund for President-elect Donald Trump, following recent moves by both Meta Platforms Inc (NASDAQ:META) CEO Mark Zuckerberg and Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos. What Happened: Altman said he...