Elon Musk’s empire might be consolidating. Reports suggest SpaceX could buy AI startup xAI, a simpler move than a potential, far more complex merger with Tesla. The logic is AI, but the financial and regulatory hurdles are massive.
CNBC’s Jim Cramer says the market is set up for a bounce if heavyweight earnings deliver. The week features reports from Disney, AMD, Eli Lilly, Alphabet, and Amazon, capped by the January jobs report on Friday.
Elon Musk is reportedly considering a massive consolidation of his companies. SpaceX is said to be exploring a potential merger with Tesla, or a combination with his AI startup, xAI.
CZI is laying off staff as it consolidates its science efforts. The organization is now betting that combining AI with biology is the path to curing disease.
The documentary ‘Ghost in the Machine’ premiering at Sundance draws a direct line from the eugenics movement to modern artificial intelligence. It argues figures like Elon Musk represent a pattern, not an anomaly, in a tech culture shaped by racism.
According to The Wall Street Journal, Meta’s stock surged after earnings because its AI spending is directly boosting ad revenue, while Microsoft’s more complex AI strategy disappointed investors by slowing cloud growth. Meanwhile, a new push to recycle rare earth metals from old hard drives and e-b
Google DeepMind is opening up Project Genie for external testing. The AI model can generate 60-second, 720p interactive worlds from a text or image prompt. Access, however, is limited to US-based subscribers of Google’s $250-per-month AI Ultra plan.
A Harvard Kennedy School program for top investors argues that AI amplifies human irrationality, creating new bubbles. The solution isn’t more data, but better decision hygiene.
The 2023 regional banking collapse sent talent and business flying. With a record $222 billion pouring into AI last year, banks like JPMorgan, Citizens, and Stifel are in an all-out war to capture the next generation of wealthy founders and their companies. It’s a high-stakes battle for early relati
In a candid interview, iRobot’s former CEO Colin Angle argues that regulators “completely preventable” killed his company’s future. He says the drawn-out, 18-month process to block Amazon’s acquisition was a “death blow,” leading to Chapter 11 and a pending sale to a Chinese manufacturer.
