Musk’s Track Record, OpenAI Success Are Focus of Potential xAI Investors
Potential investors in Elon Musk’s new artificial intelligence startup, xAI, are closely eyeing the achievements of its biggest competitor, OpenAI, as a key factor in their decision-making process. The early success of OpenAI is serving as a benchmark for xAI as it aims to carve out its own space...
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Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide
A Delaware judge invalidated Tesla CEO Elon Musk's $56 billion pay package on Tuesday, asserting that the company's board failed to demonstrate the fairness of the compensation plan and lacked sufficient evidence of negotiation with Elon Musk. Following this decision in a lawsuit filed by shareholder Richard Tornetta, Tesla's...
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Tesla Cybertruck: Survey finds that two-thirds of respondents wouldn’t buy it.
The Tesla Cybertruck has undoubtedly been one of the most polarizing vehicles ever introduced to the automotive market. With its futuristic design and promises of cutting-edge technology, it has sparked heated debates and discussions among car enthusiasts and industry experts alike. Recently, a survey conducted on potential buyers has...
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Amazon to Hire Rival SpaceX to Launch Internet Satellites.
In a surprising twist in the space industry, e-commerce giant Amazon to hire rival SpaceX to launch internet satellites. The move signals a strategic shift as both companies look to capitalize on the growing demand for global broadband connectivity from space. This potential partnership could reshape the dynamics of...
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X May Lose Up to $75 Million in Revenue as More Advertisers Pull Out.
In a major setback for X, a wave of advertisers pull out their support, casting a shadow over the company's financial outlook. Recent developments suggest that X may face a daunting challenge, potentially losing up to $75 million in revenue as more advertisers sever ties. The exodus comes amid...
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