Revoy, a California battery swapping startup formerly known as SixWheels, has raised $27 million in Series A financing, bringing its total funding to over $41 million, to bring its swap-able battery s…
Google DeepMind unveiled Gemini Robotics 2 on July 30, a universal AI system designed to operate across different robot bodies, adapting to new hardware with fewer than 200 training examples. The syst…
Jim Paulsen, former chief investment strategist at the Leuthold Group, warns that surging oil prices and rising bond yields, along with underperforming AI stocks and a sharp decline in US core capital…
Steve Hanke, a professor of applied economics at Johns Hopkins University and former member of President Reagan's Council of Economic Advisers, told Business Insider that AI will not cause massive job…
Elon Musk's net worth has fallen by over $600 billion from its peak of $1.33 trillion on June 16 to $684 billion, according to Bloomberg data, as he spends billions on AI and defense initiatives. Tesl…
Columbia University economic historian Adam Tooze said on his podcast Ones and Tooze that the AI boom is upending the social contract under capitalism, and he is baffled that Elon Musk's trillionaire …
Ty Geri, a product manager at OpenAI, tells ChatGPT to 'impress' him and uses long voice dictation sessions to brainstorm, strategies he shared with Business Insider. Geri, who joined OpenAI last year…
SpaceX's first earnings call as a public company on Tuesday will feature investor questions ranging from Starship's lunar lander footage to painting the rocket pink, with many retail investors priorit…
Elon Musk predicted that artificial intelligence will lead to a post-money economy and that China will take the lead in AI development over the next decade, according to his recent remarks. Musk, CEO …
Amazon, Alphabet, and Tesla reported negative cash flow in the latest quarter, while Meta's cash generation plummeted by 91%, according to CNBC, highlighting the ballooning costs of AI infrastructure …
U.S. equity funds attracted a net $11.83 billion in the week to July 29, snapping a two-week streak of outflows, according to LSEG Lipper data. Investors bought $11.57 billion in large-cap funds, the …
Big Tech companies have collectively spent over $1 trillion on artificial intelligence development, prompting Federal Reserve policymakers to worry about inflationary pressures from AI infrastructure …
Adi Prasad, a 35-year-old MIT-trained manufacturing engineer who worked at Tesla, Apple, CloudKitchens, and Rivian, is applying lessons from Elon Musk and Travis Kalanick to Matter, an AI manufacturin…
Global equity fund inflows hit a three-week high of $27.21 billion in the week to July 29, driven by investor bets on technology shares despite a market downturn, according to LSEG Lipper data. Techno…
Adi Prasad, cofounder and CEO of AI manufacturing startup Matter, said in an as-told-to essay that working with Elon Musk at Tesla and Travis Kalanick at CloudKitchens taught him first-principles thin…
Tesla's Optimus chief Ashok Elluswamy corrected his previous statement on X, confirming a long-term annual production target of 10 million humanoid robots for the planned second Optimus production lin…
Wall Street ended sharply higher on Thursday, with the S&P 500 climbing 1.66% to 7,437.63, the Nasdaq gaining 2.78% to 25,122.18, and the Dow Jones rising 1.19% to 52,208.06, as Microsoft surged over …
Elon Musk's X feed has escalated into open white nationalism, with his AI company xAI suing Minnesota to block a law targeting nonconsensual sexual deepfakes. Musk posted that 'Hitler was a socialist,…
Elon Musk predicts that artificial intelligence will be unrecognizably advanced within two years, citing the rapid pace of progress from 2023 to 2026 as evidence. Musk, CEO of Tesla, SpaceX, and xAI, …
Intel's EMIB (Embedded Multi-die Interconnect Bridge) packaging technology has secured Google, Amazon, Cisco, SpaceX, and Tesla as external customers, with Google adopting EMIB-T for its 9th-generatio…