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Category Archives: Tech
Javice found guilty of defrauding JPMorgan in $175M startup purchase
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found … Continue reading
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Elon Musk Says He Has Sold X to His A.I. Start-Up xAI
The deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $30 billion, the billionaire said.
Blackstone Considers Small Investment in TikTok
The private equity giant is considering investing as the video app works to follow a law that requires it to separate from its Chinese owner, ByteDance, by next week.
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.
OpenAI Agents Now Support Rival Anthropic’s Protocol, Making Data Access ‘Simpler, More Reliable’
Anthropic’s Model Context Protocol is effectively a universal language that can be used to develop two-way connections between a wide range of AI models and third-party data sources.
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‘AI Biology’ Research: Anthropic Looks Into How Its AI Claude ‘Thinks’
The reasoning Claude presents to users doesn’t always reflect how the AI actually arrived at its answers. Anthropic studied this and other paradoxes of a machine that pretends to think.
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‘Tesla Takedown’ protesters are planning a global day of action on March 29, and things might get ugly
‘Tesla Takedown’ organizers have promised their biggest day of global action this weekend, encouraging thousands to protest outside Tesla showrooms, dealerships, and even charging stations to peacefully object to Elon Musk’s role in slashing government spending. As Tesla protests have … Continue reading
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Elon Musk says xAI acquired X
Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and … Continue reading
Trump was supposed to unlock IPO market, but CoreWeave debut reflects ongoing skepticism
After pricing its IPO below the expected range, CoreWeave’s stock didn’t do much in its debut on Friday, reflecting concerns about the macro environment.
Intel announces three board members will retire following CEO shake-up
The changes to the board come after Intel named Lip-Bu Tan as its new CEO earlier this month.