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Rocket, Satellite, AI Giant SpaceX Files IPO, Reveals $4.28 Billion Loss
SpaceX had a net loss of $4.28 billion on revenue of $4.69 billion for the first quarter, compared with a net loss of $528 million on revenue of about $4 billion a year earlier, the filing shows.
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Opinion | Elon Musk Might Just Have Lost The Most Important Case Of His Career
Musk's recent courtroom defeat against OpenAI and Sam Altman will, of course, not damage Tesla or SpaceX. But symbolically, it could become one of the defining moments in the AI industry.
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4 Key Takeaways From Elon Musk's Lawsuit Against OpenAI Co-Founders
At the opening of the trial on April 28, Musk portrayed himself as a selfless benefactor and Good Samaritan concerned with protecting humanity from an AI that, if left in the wrong hands, could "kill us all."
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Visionary, Icon, Villain: What China Thinks About Tesla CEO Elon Musk
Elon Musk is among a group of more than a dozen CEOs and top executives accompanying US President Donald Trump to Beijing for a summit with Xi Jinping.
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China's Door Will Open Wider To US Businesses: Xi Jinping Tells US CEOs
Trump-Xi Summit: The US President wants China to stop weaponising supply chains, especially rare earths that power US tech and defence industries.
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At Tech Trial, Sam Altman Says Elon Musk Wanted 90% Stake In OpenAI
OpenAI counters that Musk -- who is now also an AI competitor with his xAI -- is motivated by petty revenge, having failed to seize majority control of the commercial entity.
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Satya Nadella Proud Of OpenAI Investment Amid Elon Musk's Lawsuit Against Sam Altman
Nadella told a jury that Microsoft's investment in the nonprofit arm, which now owns around a quarter of OpenAI Group PBC had helped create "one of the largest, most well-funded nonprofits in the world."
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Microsoft CEO Satya Nadella To Testify In Elon Musk vs OpenAI Lawsuit
Elon Musk accuses OpenAI of betraying its original nonprofit mission and misappropriating his founding donations to build a $850 billion empire.
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Musk Once Slammed Anthropic As A Threat to Civilisation. Now He Powers It
From calling them "evil" to leasing them GPUs, Musk's stunning Anthropic U-turn proves that in the AI arms race, compute is the only currency.
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French Prosecutors Seek Charges Against Elon Musk's X Over Child Abuse Content
The Paris public prosecutor's office said Wednesday it has opened an investigation into X on charges including complicity in possessing and distributing child sexual abuse images and unlawfully collecting personal data.
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Offered To Be "Platonic" Sperm Donor: Shivon Zilis On Relationship With Musk
Shivon Zilis said that it first started as a friendship after which Elon Musk reached out to her as a "platonic" sperm donor. In 2020, she decided to have children with Musk after he told her that he would "be happy to make a donation".
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Anthropic Announces AI Compute Partnership With SpaceX, Increases Claude Code Rate Limits
Anthropic, the San Francisco-based artificial intelligence (AI) startup, announced a partnership with Elon Musk’s SpaceX on Wednesday. As part of the partnership, the Claude maker will get to access more than 300 megawatts of processing power, significantly boosting its existing compute capacity. As a result of this and other collaborations, Anth...
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Remember Parag Agrawal? His New Company Is Now Valued At Rs 19,020 Crore
Parag Agrawal's AI startup Parallel Web Systems has reached a $2 billion valuation after a fresh funding round, marking a strong comeback for the former Twitter CEO.
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"I Literally Was A Fool": Elon Musk Grilled In OpenAI Trial
Elon Musk faced fiery questioning Wednesday in his court showdown with OpenAI, as he insisted that the maker of ChatGPT had fooled him by turning what was an altruistic pursuit into a profit-making juggernaut.
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Elon Musk Accuses OpenAI Of 'Looting Charity', Making 'Unsafe AI'
Billionaire Elon Musk took the stand Tuesday to accuse OpenAI and its boss Sam Altman of betraying the AI company's altruistic origins, in a trial that could have far-reaching consequences for the industry and oblige...
-
Rocket, Satellite, AI Giant SpaceX Files IPO, Reveals $4.28 Billion Loss
SpaceX had a net loss of $4.28 billion on revenue of $4.69 billion for the first quarter, compared with a net loss of $528 million on revenue of about $4 billion a year earlier, the filing shows.
-
Opinion | Elon Musk Might Just Have Lost The Most Important Case Of His Career
Musk's recent courtroom defeat against OpenAI and Sam Altman will, of course, not damage Tesla or SpaceX. But symbolically, it could become one of the defining moments in the AI industry.
-
4 Key Takeaways From Elon Musk's Lawsuit Against OpenAI Co-Founders
At the opening of the trial on April 28, Musk portrayed himself as a selfless benefactor and Good Samaritan concerned with protecting humanity from an AI that, if left in the wrong hands, could "kill us all."
-
Visionary, Icon, Villain: What China Thinks About Tesla CEO Elon Musk
Elon Musk is among a group of more than a dozen CEOs and top executives accompanying US President Donald Trump to Beijing for a summit with Xi Jinping.
-
China's Door Will Open Wider To US Businesses: Xi Jinping Tells US CEOs
Trump-Xi Summit: The US President wants China to stop weaponising supply chains, especially rare earths that power US tech and defence industries.
-
At Tech Trial, Sam Altman Says Elon Musk Wanted 90% Stake In OpenAI
OpenAI counters that Musk -- who is now also an AI competitor with his xAI -- is motivated by petty revenge, having failed to seize majority control of the commercial entity.
-
Satya Nadella Proud Of OpenAI Investment Amid Elon Musk's Lawsuit Against Sam Altman
Nadella told a jury that Microsoft's investment in the nonprofit arm, which now owns around a quarter of OpenAI Group PBC had helped create "one of the largest, most well-funded nonprofits in the world."
-
Microsoft CEO Satya Nadella To Testify In Elon Musk vs OpenAI Lawsuit
Elon Musk accuses OpenAI of betraying its original nonprofit mission and misappropriating his founding donations to build a $850 billion empire.
-
Musk Once Slammed Anthropic As A Threat to Civilisation. Now He Powers It
From calling them "evil" to leasing them GPUs, Musk's stunning Anthropic U-turn proves that in the AI arms race, compute is the only currency.
-
French Prosecutors Seek Charges Against Elon Musk's X Over Child Abuse Content
The Paris public prosecutor's office said Wednesday it has opened an investigation into X on charges including complicity in possessing and distributing child sexual abuse images and unlawfully collecting personal data.
-
Offered To Be "Platonic" Sperm Donor: Shivon Zilis On Relationship With Musk
Shivon Zilis said that it first started as a friendship after which Elon Musk reached out to her as a "platonic" sperm donor. In 2020, she decided to have children with Musk after he told her that he would "be happy to make a donation".
-
Anthropic Announces AI Compute Partnership With SpaceX, Increases Claude Code Rate Limits
Anthropic, the San Francisco-based artificial intelligence (AI) startup, announced a partnership with Elon Musk’s SpaceX on Wednesday. As part of the partnership, the Claude maker will get to access more than 300 megawatts of processing power, significantly boosting its existing compute capacity. As a result of this and other collaborations, Anth...
-
Remember Parag Agrawal? His New Company Is Now Valued At Rs 19,020 Crore
Parag Agrawal's AI startup Parallel Web Systems has reached a $2 billion valuation after a fresh funding round, marking a strong comeback for the former Twitter CEO.
-
"I Literally Was A Fool": Elon Musk Grilled In OpenAI Trial
Elon Musk faced fiery questioning Wednesday in his court showdown with OpenAI, as he insisted that the maker of ChatGPT had fooled him by turning what was an altruistic pursuit into a profit-making juggernaut.
-
Elon Musk Accuses OpenAI Of 'Looting Charity', Making 'Unsafe AI'
Billionaire Elon Musk took the stand Tuesday to accuse OpenAI and its boss Sam Altman of betraying the AI company's altruistic origins, in a trial that could have far-reaching consequences for the industry and oblige...
