Elon Musk Archives » Brit Commerce

Elon Musk’s xAI raises $6 billion in new cash to fuel AI ambitions– BC

Leave a Comment / Ai, Elon Musk, Enterprise, Funding, Fundraising, Generative AI, startup, Startups, xAI / By Salsa Noreen

Updated December 25 at 12:21 pm Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s artificial intelligence company, has increase $6 billion in a Series C financing round. The company announced this week in which Andreessen Horowitz, Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy […]

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xAI is testing a standalone iOS app for its Grok chatbot– BC

Leave a Comment / Ai, AI chatbot, Elon Musk, Grok, Twitter, xAI / By Salsa Noreen

Elon Musk’s artificial intelligence company xAI is testing a standalone iOS app for its chatbot, Grok, which until now was only available to X users. The app, currently available in Australia and some countries in beta, can access real-time data from the web and X, and offers generative AI features like rewriting text, summarizing long

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Silicon Valley hitters take charge of Trump transition team: “a dozen of Musk’s allies”– BC

Leave a Comment / Donald Trump, Elon Musk, Government & Policy, Jared Birchall, Marc Andreessen, mark pincus, Trae Stephens / By Salsa Noreen

About a “dozen Musk allies” have put a brake on their daily routines to serve as unofficial advisers to the Trump transition effort. says the New York Times. Among them, the outlet reports: Jared Birchall, head of Elon Musk’s family office, has interviewed some candidates for jobs at the State Department; Marc Andreessen has spoken

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Fidelity Reportedly Increased Its Stake in X by 32 Percent– BC

Leave a Comment / Elon Musk, Government & Policy, Social, X, xAI / By Salsa Noreen

Fidelity increased the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report in Axios. Even with this margin, Fidelity still values the company at 72 percent less than the $44 billion Musk bought it for in 2022. Axios reports that this move is likely related to

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Former X Policy Chief Joins Sam Altman’s Tools for Humanity– BC

Leave a Comment / Elon Musk, Government & Policy, In Brief, nick pickles, policy, sam altman, tools for humanity, Twitter, World, X / By Salsa Noreen

X’s former senior policy chief accepted a job at Tools for Humanity, the company building the technology to support the World Network (formerly Worldcoin). Nick Pickles, previously head of global affairs at Elon Musk’s social media platform X, will serve as chief policy officer at Tools for Humanity, which OpenAI CEO Sam Altman co-founded five

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Judge blocks new California AI law in Kamala Harris deepfake case– Brit Commerce

Leave a Comment / Ai, ai deepfakes, California bill, Elon Musk, Gavin Newsom, Government & Policy / By Salsa Noreen

A federal judge blocked one of California’s new AI laws on Wednesday, less than two weeks after it was signed by Gov. Gavin Newsom. Shortly after signing AB 2839, Newsom suggested it could be used to force Elon Musk to take down an AI deepfake of Vice President Kamala Harris that she had reposted (which

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X faces additional $1.9 million fine to end ban in Brazil– Brit Commerce

Leave a Comment / brazil x ban, Elon Musk, Government & Policy, Social / By Salsa Noreen

X (formerly Twitter) could soon resume its service in Brazil, if it is willing to pay an additional fine. Reuters and other publications have reported on an order from the country’s Supreme Court judge Alexandre de Moraes stating that the social network owned by Elon Musk could “immediately return to its activities in national territory”

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Cards Against Humanity sues Elon Musk’s SpaceX for intrusion into troll-ridden lawsuit– Brit Commerce

Leave a Comment / Cards Against Humanity, Elon Musk, News, SPACEX / By Salsa Noreen

The company behind the successful game Cards against humanity filed a lawsuit against Elon Musk’s SpaceX in Texas for alleged illegal intrusion, according to a website created by the companyAccording to the lawsuit, SpaceX has been using the property as if it were its own, clearing vegetation, moving dirt and placing construction equipment. Cards Against

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Elon Musk threatened with SEC sanctions for failing to appear in court– Brit Commerce

Leave a Comment / Court, Elon Musk, fine, Government & Policy, SEC, Securities and Exchange Commission, Social, Twitter, X / By Salsa Noreen

Elon Musk, the chief executive of X and several other companies with the letter “X” in their names, is in the crosshairs of regulators after failing to testify this month in an investigation related to Musk’s acquisition of Twitter. In a filing today, the U.S. Securities and Exchange Commission (SEC) said it intended to seek

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JD Vance says NATO should only be supported if Europe gets along with Elon Musk– Brit Commerce

Leave a Comment / Donald Trump, Elon Musk, JD Vance, NATO, Politics, Truth Social / By Salsa Noreen

JD Vance, vice presidential candidate and generally odd guy, made a recent appearance on Vance’s YouTube show Shawn Ryan where he defended Elon Musk’s honor. Interestingly, Vance insisted that if European countries are not nicer to the billionaire owner of X, the United States should not support the NATO alliance. Vance told Ryan he forgot

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