Elon Musk’s selects Memphis as the xAI supercomputer site
DR Barton, Principal at Woodshaw Financial Group, talks to “Varney & Co.” about AI stocks investors should consider buying. xAI aims to build the world’s largest supercomputer, and the Elon Musk-founded artificial intelligence company recently announced that it chose Memphis as its home base. The Greater Memphis Chamber of Commerce announced Wednesday that the southwest […]
Elon Musk’s xAI plans multibillion-dollar supercomputer in Memphis
Elon Musk’s artificial intelligence startup xAI is reportedly planning to build a multi-billion dollar supercomputer in Memphis as part of an effort to better compete with rivals such as OpenAI and Google. Musk and his xAI team have been in talks with Memphis officials since March about building a facility to house the data center, […]
Elon Musk Sold $7.5 Billion in Tesla Stock Before Disappointing Quarter Went Public
Tesla CEO Elon Musk is facing a lawsuit alleging he illegally sold $7.5 billion worth of Tesla stock in the fourth quarter of 2022, knowing it would disappoint investors after the company promised a “great end to the year.” luck Reports In a lawsuit filed last week in Delaware court, shareholder Michael Perry accused Musk […]
Elon Musk will bring video-only feed to X: sources
Elon Musk’s X may soon be unveiling a feature that will compete head-on with TikTok and Instagram Reels. The company is preparing to introduce a feature that will give X users a stream of videos, both short snippets and longer videos, depending on the user’s interests, sources told The Washington Post. X sources say this […]
Elon Musk’s X requests Supreme Court investigate how Jack Smith obtained Trump’s social media files
A year after federal courts forced the company formerly known as Twitter to hand over data to special counsel Jack Smith pertaining to former President Donald Trump’s account, the company is asking the Supreme Court to prevent a similar reoccurrence. X Corp. is asking the justices whether social media platforms can be forced to share […]
Elon Musk had Nvidia send AI chips intended for Tesla to X and xAI
Varney & Co. host Stuart Varney discusses whether Elon Musk’s latest tech bet will pay off for investors. Billionaire entrepreneur Elon Musk asks Nvidia to ship Artificial Intelligence (AI) CNBC reported on Tuesday that the chips destined for Tesla will be provided by social media platform X and AI startup xAI. CNBC reported: The company […]
Elon Musk diverts Nvidia AI chips booked for Tesla to X, xAI: report
Tesla CEO Elon Musk has instructed Nvidia to prioritize shipments of AI processors to its X and xAI companies over the electric car maker. CNBC reported: on tuesday. The news suggests Musk is prioritizing artificial intelligence-related developments outside Tesla and comes ahead of a key shareholder vote on his compensation package at the company. “Elon […]
Elon Musk’s X is allowing users to post consensual adult content — but there’s a catch
Social media platform X has announced that it will now officially allow the publication of consensual adult content as long as it is clearly labeled as such, a move that formalizes a policy that was already in place when the platform was known as Twitter, before billionaire Elon Musk acquired the company in 2022. in […]
Elon Musk’s X appears set to hold Trump town hall ahead of election
Tesla CEO Elon Musk appears ready to host a town hall for presidential candidate Donald Trump on his social media platform, X. A date has yet to be confirmed, per sources cited by the Wall Street Journal, but it is meant to replace a failed attempt to host a debate between Trump and President Joe […]
Tesla and Elon Musk Fire Back at Institutional Investors in Argument over Massive Pay Package
Tesla Inc. and CEO Elon Musk are fighting back against institutional investors who voiced opposition to Musk’s $58 billion compensation package from 2018. Investors Business Daily Reports Electric-car giant Tesla and its CEO Elon Musk are locked in a fierce battle with institutional investors over Musk’s 2018 compensation package, now valued at about $45 billion. […]