Elon Musk is a technology entrepreneur and co-founder of OpenAI (2015, left the board in 2018) who later founded xAI in 2023. He also owns X (formerly Twitter) and leads Tesla and SpaceX.
Elon Musk lost his trillionaire status as shares in Tesla and SpaceX plunged during a global stock selloff, with Forbes listing his net worth at $970.2 billion. The decline followed investor fears of …
SpaceX acquired Anysphere, the company behind Cursor, for $60 billion in an all-stock deal on June 16, marking the largest acquisition of a venture-backed startup in history. The deal gives SpaceX con…
OpenAI, Meta, and Google are using food-related codenames for AI projects, including OpenAI's 'Jalapeño' chip and 'Garlic' LLM, Meta's 'Avocado' model, and Google's 'Nano Banana' image generator. The …
A sell-off in AI-related stocks this week has raised questions about whether the market is experiencing a healthy pause or a panic, as investors reassess valuations amid massive capital spending by te…
Vivek Chibber argues that artificial intelligence is unlikely to cause permanent mass unemployment, but without state action and class struggle, automation will deepen inequality. He notes that past t…
SpaceX raised $75 billion in its June 12, 2026 IPO on Nasdaq, briefly reaching a $2 trillion market cap before a 32% pullback. The company acquired xAI earlier in 2026 to integrate AI into its space o…
SpaceX's Starship rocket will enable Elon Musk's plan to deploy up to 1 million solar-powered AI satellites in low Earth orbit, creating orbital data centers. The project, supported by Andreessen Horo…
Congress is moving to prevent households from subsidizing Big Tech's AI data center energy costs. A House panel votes this week on a package of bills, including the Ratepayer Protection Act, which wou…
The National Transportation Safety Board and National Highway Traffic Safety Administration are investigating a fatal crash in Katy, Texas, where a Tesla Model 3 with Full Self-Driving engaged struck …
A new service called ccMarvin lets users email marvin@ccmarvin.com to receive AI-powered research, portfolio tracking, and custom newsletters. The tool functions as a virtual research analyst, capable…
Elon Musk's xAI, now under the SpaceX umbrella, launched Grok Imagine Video 1.5 in early June 2026, offering 720p video generation with synchronized audio and competitive API pricing. The expansion co…
LinkedIn co-founder Reid Hoffman called Elon Musk's xAI a 'complete train wreck' and dismissed SpaceX's AI strategy as a 'premium-priced CoreWeave' in a recent interview, arguing that buying an AI com…
Chinese AI lab Zhipu is considering a multibillion-dollar share sale in Hong Kong after its stock surged roughly 2,000% since January, pushing its market value above HK$1 trillion. The rally follows t…
President Donald Trump announced on June 5 that his administration is exploring direct equity stakes in AI companies OpenAI, Anthropic, and xAI, aiming to let taxpayers share in AI growth. The move fo…
LinkedIn co-founder Reid Hoffman called Elon Musk's xAI a 'complete train wreck' and said SpaceX is 'not an AI company' in a podcast interview, while also criticizing the U.S. government's handling of…
Oxford mathematics professor John Lennox warns that AI could be used by authoritarian regimes to destroy the world, drawing parallels to totalitarian states he experienced during the Cold War. He crit…
Elon Musk confirmed the name 'Starmind' for SpaceX's proposed AI satellite constellation, which aims to deploy up to one million satellites as an orbital compute layer for AI inference. Two prototype …
A sell-off in US AI stocks on Monday triggered global market declines, with the Nasdaq falling 2.2% and Asian markets following suit as concerns over AI spending bubbles and potential Fed rate hikes i…
Republican lawmakers and state attorneys general are investigating OpenAI CEO Sam Altman over potential conflicts of interest related to his $3.5 billion personal investment portfolio, including a $37…
MIT alumni and supporters are rallying to defend the institution's mission of advancing scientific research, merit-based admissions, and national prosperity amid perceived threats to academic freedom …