(Bloomberg) — Elon Musk’s artificial intelligence company xAI is seeking to raise $1 billion in funding from equity investors, according to a new filing.
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Musk has […] Elon Musk's xAI Startup Seeks to Raise $1 Billion in Equity – Yahoo Finance
It has been six months since Linda Yaccarino has taken the helm at X, the social media app formerly known as Twitter.
The company could lose up to $75 million in ad revenue following owner Elon Musk’s endorsement of antisemitic comments, according to The New York Times. Mark Douglas, MNTN CEO joins Yahoo Finance Live to weigh in on what loss of ad revenue could mean for the social media app—and the overall terrain of social media advertising for brands.
Douglas notes that the big […] Elon Musk's X has two big ad problems: Expert – Yahoo Finance
X.AI Corp., backed by Tesla CEO and X owner Elon Musk, is raising up to $1 billion in equity securities offering, according to a regulatory filing.
The company has already sold $134.7 million of the securities, with another $865.3 million remaining to be sold, according to a filing made with the U.S. Securities and Exchange Commission (SEC). The minimum investment accepted from any outside investor is $2 million.
The filing says that Musk, who took over Twitter and renamed it X, is an executive […] Elon Musk-Backed X.AI Files With SEC to Raise Up to $1B in Equity Offering – CoinDesk
Elon Musk has hit out at Disney after the company pulled its advertising from his social media platform X, formerly known as Twitter.
The entertainment giant is one of several businesses to leave X after Musk was accused of supporting antisemitism on the network.
The tech billionaire has denied the claims, but it has not stopped X from losing deals. Other big names to remove their advertising from the platform include Paramount Global, Apple, Warner Bros and IBM.
On Monday, Musk shared an […] Elon Musk Has a Warning for Disney – Newsweek
An Empty Billboard Stands Above the Intersection of Free Speech and Main Street
I used to say that news no longer breaks, it tweets. At The New York Times Dealbook Summit on November 29, Elon Musk sent a message to the advertisers that had halted spending on X after Mr. Musk endorsed an antisemitic conspiracy theory, “go f**k yourself.” Those words immediately reverberated across the social media platform at a velocity that reminds the world of its power and potential of exTwitter. And in […] Elon Musk And The F Bomb Heard Around The Advertising World – Forbes
Javier Milei argued there is “nothing more unjust than social justice” in the clip.
Elon Musk on Tuesday shared a tirade from Argentina’s hard-right populist President-elect Javier Milei attacking social justice as being the ultimate form of injustice.
The clip of the dog-cloning, chainsaw-wielding libertarian was posted on X by Milei Explains, an account that shares clips of Milei’s interviews and speeches with English subtitles. Without comment, the world’s richest man then decided […] Elon Musk Boosts Anti-Social Justice Rant From Argentina's Trump – The Daily Beast
Nosebleed tariffs on imported electric vehicles should be lowered, but not in hopes of persuading Tesla to set up shop, says Bloomberg Opinion’s Mihir Sharma.
India's Prime Minister Narendra Modi shakes hands with Tesla chief executive Elon Musk during a meeting in New York City on Jun 20, 2023. (Photo: Reuters/India's Press Information Bureau/Handout)
New Delhi might point out that other policies designed with particular companies in mind have succeeded. In 2020, the government […] Commentary: Modi shouldn't chase Elon Musk to make EVs in India – CNA
ELON Musk has teamed up with the US Space Force to launch a secretive space-plane later this week.
The billionaire's SpaceX rocket company will blast the robotic X-37B spacecraft into orbit on Sunday, December 10.
The launch was originally scheduled for December 7, but has been pushed back by three days.
An official memo from the US Space Force blamed "launch delays and pad availability" for the change.
The X-37B – or Orbital Test Vehicle (OTV) – is a reusable spacecraft […] Elon Musk to help US Space Force launch secretive 'space-plane' this week – The US Sun
I wonder what Elon Musk’s adoring fans will say next year, when X.com/Twitter inevitably declares bankruptcy.
Advertisers have fled the platform in droves over the past year. This was predictable—Musk hollowed out the Trust & Safety team, invited previously-banned white nationalists back onto the platform, inverted the verification system so that the only thing it verifies is the user’s devotion to Musk, and repeatedly spread and shared ludicrous conspiracy theories.
Musk has replaced […] Elon Musk Is Not the Person of This Year—Or Any Other | Opinion – Newsweek
A new deep dive into the history of OpenAI includes some surprising details about one of the firm’s erstwhile cofounders, Elon Musk — including that he was apparently dumbfounded when another would-be artificial intelligence guru pointed out a basic flaw in his much-hyped plan to colonize to Mars.
As the New York Times reports based on dozens of insider interviews, Google DeepMind cofounder Demis Hassabis and Musk began talking about the Red Planet soon after they first met in 2012 at a […] Elon Musk Was Reportedly “Speechless” When Someone Pointed Out a Basic Flaw in His Mars Plan