xAI launches Grok Business, priced at $30 per seat/month, for SMBs, and Grok Enterprise, whose price is not listed publicly, for larger organizations
xAI has launched Grok Business and Grok Enterprise, positioning its flagship AI assistant as a secure, team-ready platform for organizational use.
Sources: Trump's team recently discussed letting Nvidia sell H200 chips to China, a major departure from the administration's earlier public stances
If It Happens Emily Jarvie / Proactive : US weighs allowing Nvidia to sell H200 chips to China, sources say Ukrainian National News : Trump's team considers allowing Nvidia H200 ch...
Documents: Tesla applied late last year for a transportation permit in California that suggests it's working to launch a ride-hailing business in the near term
Lots of luck with that permit, Elon! [embedded post] Threads: John Krafcik / @johnkrafcik : “sets sights* is an interesting choice of words to describe the latest in a remarkably l...
Sources: OpenAI's GPT-5, codenamed Orion, is behind schedule and faces technical hurdles, including high computing costs and limited high-quality training data
OpenAI has run into problem after problem on its new artificial-intelligence project, code-named Orion Bluesky: @allytibbitt.me , @tomashirstecon , @columnist , @madamehardy , @daw...
Super Micro's stock drops 30%+ after disclosing that auditor Ernst & Young had resigned following months of disagreement over governance and board independence
Super Micro's shares plunged 30% on Wednesday morning after the company disclosed its auditor had resigned following months …
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets
US stock markets suffer their worst run since October 2022 as investors pull back from AI bets — Nvidia's share price plunged …
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Meta Platforms (META Quick Quote META - Free Report) … Salvador Rodriguez / Wall Street Journal : Facebook Parent Meta Initiates Dividend as Growth Continues Jonathan Vanian / CNBC...
WeWork's bankruptcy caps a years-long saga for Masayoshi Son, who overrode lieutenants' objections to hand Adam Neumann billions, losing SoftBank over $11.5B
- Co-working space's bankruptcy highlights billionaire's hubris — Few checks on SoftBank CEO as he prepares to go on offensive
WeWork, valued at $47B in 2019, files for Chapter 11 bankruptcy protection for its US and Canada locations, and reports liabilities ranging from $10B to $50B
The company reported liabilities ranging … Kritikopoulos Spiros : Today's diamonds may easily end up tomorrow's coal! Jerry Kallas : The company leases millions of square feet of o...
Michael Lewis depicts Sam Bankman-Fried as delusional in his new book, Going Infinite, but says SBF's explanations remain “irritatingly difficult to disprove”
“Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried's rise and fall.
Elon Musk threatens to file a defamation suit against the ADL for “falsely accusing” X and him of being antisemitic, and blames the ADL for X's US ad sales drop
In the newest uproar you might have missed, Elon Musk says X, formerly Twitter, will file a defamation lawsuit against the Anti-Defamation League.
Elon Musk says a ~50% ad revenue drop and a heavy debt load kept Twitter cash flow negative; he said in March 2023 the company could be cash flow positive in Q2
Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.
US crypto exchange Bittrex files for bankruptcy, weeks after an SEC lawsuit; filing: Bittrex estimates both its liabilities and assets are between $500M and $1B
Nikhilesh De / CoinDesk :
Spotify plans to shut down Heardle on May 5, after acquiring the Wordle-inspired music guessing game in July 2022, to focus on other music discovery objectives
Its Music-based Wordle Chris Morris / Fortune : Heardle is going silent as Spotify shuts down its music guessing game Tweets: Dan Nguyen / @dancow : Seems like a low bar, sure, but...
A look at Anthony Scaramucci's SkyBridge, which went from $9.2B assets in 2015 to $1.8B in 2022, and the FTX deal for a 30% stake in SkyBridge in September 2022
and snowballed beginning in 2018 after Scaramucci, back from Washington, hired a friend from Harvard Law School who's been behind the money-losing push into crypto. https://www.blo...
In its superseding indictment, the US charges that SBF and two unnamed FTX executives made 300+ “unlawful” political donations, including using customers' funds
The Bahamas won't like that. https://twitter.com/... Kenneth P. Vogel / @kenvogel : NEW: SBF “selected CC-1” to give a straw donation of “at least $1M to a super PAC” that was “aff...
Some Twitter users, even those who do not follow Elon Musk, say their For You feed was full of his tweets and replies after changes made over the weekend
For many of us, Twitter's “For You” is full of tweets and replies to tweets from Elon Musk. Not everyone is getting the Elon-first feed …
Binance executive Leon Foong says a full audit will take “a longer time”, arguing accountants are still learning about crypto, after Mazars retracted its report
Binance Holdings Ltd., operator of the world's largest digital-asset exchange, indicated a full audit of its assets …
In his first interview, FTX CEO John Ray III says he set up a task force to explore restarting the exchange, saying customers praised its technology, and more
Binance releases its proof-of-reserves system, starting with BTC, claiming it has 582,485 BTC and 575,742 BTC user balance, a reserve ratio of 101% for users
Tim Copeland / The Block :