Elon Musk‘s xAI is a “failure” that will be unable to compete on the frontier of artificial intelligence, Yann LeCun, founder of AMI Labs, told CNBC, as he laid out his view on what could cause a “big bubble explosion” in the industry. The comments by LeCun renew a long-running spat with Musk and cast…
SpaceX’s record US$75-billion public listing has made South African-born entrepreneur Elon Musk the world’s first dollar trillionaire – but US$1-trillion is a sum so gargantuan that it’s almost impossible to comprehend. How much is a trillion dollars? Let’s make it simple. Start with time. If US$1 equals one second, then a million seconds works out…
SpaceX is expected to debut on the United States’ public markets on Friday in what will be the largest initial public offering (IPOs). Artificial intelligence (AI) giants OpenAI and Anthropic are also widely expected to go public soon, and thanks to a new rule change by tech stock exchange Nasdaq, individual investors could own stock…
Published On 20 May 202620 May 2026 SpaceX has taken off the wraps off its IPO filing, opening the books of the company that has already revolutionised rocket technology, with even larger ambitions to colonise Mars and build AI data centres in space. A successful sale could value the company at a record-setting $1.75 trillion, which…
OpenAI CEO Sam Altman and Elon Musk during the trial. Manuel Orbegozo/Reuters A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the AI company not liable to the world’s richest man for having allegedly strayed from its original mission to benefit humanity. In a unanimous verdict, the jury in…
Hyperloop Transportation Technologies test facility in 2019 in Toulouse, France. Photo: Wikipedia user Ryn88668, 19 June 2019, under CC BY-SA 4.0 International licence In 2013, PayPal mafia don and head of Tesla and SpaceX Elon Musk got caught up in the libertarian opposition to California’s overdue, over-budget and under-delivering high-speed rail project. He called it…
Mojtaba Khamenei, the son of Iranian Supreme Leader Ayatollah Ali Khamenei, is seen in Tehran, Iran, on Dec. 14, 2016. Reza B | Afp | Getty Images Iran’s new supreme leader, Ayatollah Mojtaba Khamenei, has a new “verified” account on X, the influential social media platform owned by Elon Musk. Khamenei, whose X handle is…
The European Commission on Monday said it opened an investigation into Elon Musk‘s X over the spreading of sexually explicit material by the AI chatbot Grok. The probe is being conducted under the European Union’s sweeping Digital Services Act (DSA) regulation. “The new investigation will assess whether the company properly assessed and mitigated risks associated…
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images The Environmental Protection Agency closed a loophole this week that Elon Musk’s xAI had exploited to rapidly stand up its first data center in Memphis, Tennessee. Musk’s artificial intelligence startup created a kind of off-grid power plant for its Colossus facility by…
German media minister Wolfram Weimer. Annegret Hilse/Reuters German media minister Wolfram Weimer has urged the European Commission to take legal action to stop what he called the “industrialisation of sexual harassment” taking place on Elon Musk’s social media platform X. Weimer joins other European officials and bodies, including the EU’s executive body, in raising concerns…
