Apollo Capital chief economist Torsten Slok noted that while chipmakers and energy providers profit from AI, the AI companies themselves are losing money, threatening the industry's sustainability. Ch…
Elon Musk's xAI filed a federal complaint to block a Minnesota law that would restrict apps and websites from creating nonconsensual sexual imagery of people, including minors. Minnesota lawmakers cri…
Fox Business anchor Maria Bartiromo suggested during a July 16 broadcast that opposition to data centers might be foreign-funded, echoing an earlier apology for similar claims about a Utah project. Ri…
Elon Musk lost a record $334 billion in a single week as SpaceX stock fell 15% from its issue price and Tesla shed 17.8% of its value, according to market data. The broader tech sell-off hit Alphabet …
Elon Musk announced on X that his AI system Grok Imagine will produce a full-length movie of Homer's The Odyssey by year's end, claiming it will be 'historically accurate'—a likely reference to using …
Usage of U.S. AI models fell in the first week of July, and Chinese AI usage surpassed U.S. AI by about 40%, according to OpenRouter data cited by Deutsche Bank chief economist Jim Reid. Dean Baker, s…