SpaceX acquires xAI; sources say the all-stock deal values the combined company at $1.25T, with SpaceX valued at $1T and xAI at $250B; xAI burns ~$1B per month
Elon Musk's SpaceX has acquired xAI, in a deal that encompasses the billionaire's increasingly costly ambitions to dominate artificial intelligence and space exploration.
SpaceX acquires xAI; sources say the combined company is expected to price shares at ~$527 each in a potential IPO and would have a valuation of $1.25T
Elon Musk plans to merge SpaceX with xAI, according to people familiar with the matter, in a deal that encompasses the billionaire's …
Marc Andreessen says VC may be one of the last fields safe from AI after it replaces most workers, as it requires “intangible” skills like psychological insight
gizmodo.com/marc-andrees... Corey Quinn / @quinnypig.com : “ChatGPT, you were at Netscape in the 90s and won the lottery. Give me advice on how I too can win the lottery of a bygo...
The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
The White House says that tariffs on China are set to rise to 104% at 12:01am ET on April 9 after China missed Trump's deadline to remove its reciprocal tariffs
President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday …
Source: OpenAI's board approached Anthropic CEO Dario Amodei about a potential merger as part of an effort to persuade Amodei to replace Sam Altman as CEO
OpenAI's board of directors approached Dario Amodei, the co-founder and CEO of rival large-language model developer Anthropic …
OpenAI's new interim CEO Emmett Shear has made some head-turning posts on X, from slowing down AI development to theories about women having rape fantasies
and likened working for Microsoft to selling his soul Matthew Loh / Business Insider : Both the CEO of OpenAI and the biggest investor of OpenAI still don't seem to know why Sam Al...
Satya Nadella says Sam Altman, Greg Brockman, and OpenAI staff will join Microsoft's new “advanced AI research team” and Microsoft remains committed to OpenAI
Microsoft has hired OpenAI co-founders Sam Altman and Greg Brockman to head up a “new advanced AI research team,” …
OpenAI CEO Sam Altman departs the company and leaves its board after a board review found he wasn't “consistently candid in his communications with the board”
The board of directors of OpenAI, Inc, the 501(c)(3) that acts as the overall governing body for all OpenAI activities …
OpenAI CEO Sam Altman departs the company and leaves its board after a board review found he wasn't “consistently candid in his communications with the board”
The board of directors of OpenAI, Inc, the 501(c)(3) that acts as the overall governing body for all OpenAI activities …
X starts removing preview headlines from posts with article links, showing only the lead image and domain name; Elon Musk mentioned the change in August 2023
https://www.washingtonpost.com/ ... @rickf@indieweb.social : In other words, “please generate needless clicks so I can boost ‘engagement’ on the platform to get more advertisers ba...
Cisco plans to acquire cybersecurity company Splunk in cash for $157 per share, a 31% premium on Splunk's September 20 closing price, in a deal valued at ~$28B
https://www.reuters.com/... Chris Merkel / @chrismerkel@infosec.exchange : Scoop: Anonymous has hacked the neuralinks of the leadership teams at Splunk and Cisco. While I can't id...
A developer says Twitter appears to be DDoSing itself via a Twitter web app JavaScript bug, which could be tied to Elon Musk's emergency blocks and rate limits
For anyone keeping track, this isn't even the first time they've completely broken … Nick Heer / Pixel Envy : Tweets Are Now Login-Walled — Like Šime Vidas, I have often linked o...
Elon Musk says Twitter has temporarily limited verified accounts to reading 10K posts/day, unverified 1K, and new unverified 500, due to “extreme” data scraping
Censorship Expert Says Musk ‘Has Stepped on a Rattlesnake’ Jonas Mäki / Gamereactor UK : Twitter stops data collection by adding lots of restrictions Brayden Lindrea / Cointelegrap...
Elon Musk says verified Twitter accounts are temporarily limited to reading 10K posts/day, unverified 1K, and new unverified 500, due to “extreme” data scraping
Twitter is putting limits to how many tweets its users can read as the Elon Musk-owned service suffers extended outage …
A developer says Twitter appears to be DDoSing itself due to a bug in Twitter's web app, which could be tied to Elon Musk's emergency blocks and rate limits
For the last two days, Elon Musk has claimed that Twitter is under attack from “several hundred organizations” who were conducting …
Some signatories of the open letter to pause AI training walk back their positions, others turn out to be fake, and many experts disagree with its proposal
I marvel the technology. But. … Kyle Dent : An open letter calls for companies to pause building AI systems more powerful than GPT-4 due to “profound risks to society and humanity...
Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities
Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities — Silicon Valley Bank has launched a $2.25bn share sale …
Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities
Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities — Silicon Valley Bank has launched a $2.25bn share sale …
Some VC firms are encouraging their portfolio companies to pull funds out of Silicon Valley Bank while others are advising startups to keep no more than $250K
Silicon Valley Bank CEO Greg Becker on Thursday told top venture capitalists in Silicon Valley to “stay calm” …