Former PayPal colleagues are splitting their strategies, as Hoffman goes long on Ethereum, while Musk joins Bitcoin through corporate bonds. Reid Hoffman, the prominent venture capitalist and co-founder of the world’s leading professional networking service LinkedIn, has invested heavily in Ethereum, according to Arkham Intelligence. Records cited by the company show that Hoffman holds $6.1 […]
Early renderings released by Ford Motor of its next-generation electric pickup based on the upcoming Universal Electric Vehicle Platform. Thanks to Ford DETROIT- Ford engine‘s $5 billion ‘bet’ on the next generation of all-electric vehicles will feature a nascent technology Tesla commercialized in the U.S. on its Cybertruck, the Detroit automaker said Tuesday. The system, […]
TikTok spokesperson Paolo Ganino said the Commission’s findings “constitute a categorically inaccurate and utterly worthless representation of our platform and that we will take all steps necessary to challenge these findings with all available means.” The right solution The Commission could ultimately agree with platforms on a wide range of changes that address addictive design. […]
“Join xAI if the idea of mass riders on the moon appeals to you,” says CEO Elon Musk proclaimed yesterday after a restructuring that saw a stream of former executives leave the AI lab. This is an interesting recruitment strategy following the company’s merger with Musk’s rocket maker SpaceX, and the combined company’s expected initial […]
Welcome back to TechCrunch Mobility – your central hub for news and insights on the future of transportation. To get this in your inbox, sign up for free here – just click TechCrunch Mobility! WaymoThe acceleration of the past eighteen months is undeniable. The Alphabet-owned self-driving company now operates commercial robotaxi services in six markets, […]
File photo: Elon Musk waves to the crowd at the 56th annual meeting of the World Economic Forum in Davos, Switzerland, last month | Photo credit: DENIS BALIBOUSE Elon Musk vowed this week to shake up another industry, just like he did with cars and rockets — and once again he’s taking on the long […]
Three of Elon Musk’s companies – SpaceX, xAI and Tesla – are in play for a possible merger. While talks appear to be in their early stages, this could ultimately lead to at least one company joining SpaceX, according to reports from Bloomberg and Reuters. Two scenarios are developed. In one case, SpaceX and Tesla […]
Production of Model S and X will end in 2026, after years of serving as Tesla’s flagship. Fremont will transition to manufacturing Optimus robots, not cars. Tesla seems to be going all-in on AI and robotics. Say goodbye to the Tesla Model S and Model X. The EV maker will end production of its two […]
Elon Musk’s SpaceX could be preparing for what may prove to be the largest public offering the world has ever seen. According to a report from the Financial Times, the rocket and satellite company is considering an initial public offering in mid-June that could raise as much as $50 billion at a valuation of about […]
California Attorney General Robert Bonta sent a cease-and-desist letter to xAI on Friday demanding that the company stop creating and distributing artificial intelligence-generated non-consensual sexualized images through its Grok chatbot. California Attorney General Robert Bonta announced Friday that he is investigating xAI through Grok using its chatbot to create sexually explicit images of women and […]