Showing 1 - 9 of 9
Musk merges his AI business into SpaceX
AFP, Published on 03/02/2026
» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.
Tesla profits tumble on lower EV sales, AI spending surge
AFP, Published on 29/01/2026
» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.
Musk seeks up to $134 billion in OpenAI lawsuit
Published on 17/01/2026
» Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing he deserves the “wrongful gains” that they received from his early support of the artificial-intelligence startup, according to a court filing.
Elon Musk’s fortune tops $500 billion
Reuters, Published on 02/10/2025
» Tesla CEO Elon Musk on Wednesday became the first person ever to achieve a net worth of $500 billion, propelled by a rebound in the EV company’s shares and surging valuations of the tech entrepreneur’s other companies.
Musk's xAI lays off hundreds of data annotators
Reuters, Published on 13/09/2025
» BENGALURU — Elon Musk's xAI has laid off at least 500 workers from its data annotation team, which helps develop the company's Grok chatbot, Business Insider reported on Friday.
Musk accuses Apple of unfairly favouring OpenAI on iPhone
Bloomberg, Published on 12/08/2025
» Elon Musk lashed out against Apple Inc’s app store practices late on Monday, accusing the iPhone maker of favouring OpenAI.
OpenAI rejects $97bn Musk-led takeover bid
Bloomberg News, Published on 11/02/2025
» OpenAI chief executive officer Sam Altman has rebuffed a reported $97-billion bid by a group of investors led by Elon Musk to buy the nonprofit group that controls the creator of ChatGPT.
Trump warns of 'wake-up call' as low-cost Chinese AI jolts Silicon Valley
AFP, Published on 28/01/2025
» SAN FRANCISCO - Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a "wake-up call" for Silicon Valley.
Asian shares recover on hopes for policy support
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.