Musk's SpaceX swallows xAI
Digest more
1don MSN
US judge signals Musk's xAI may lose lawsuit accusing Altman's OpenAI of stealing trade secrets
(This Jan 30 story has been repeated with no changes to the text) By Jonathan Stempel Jan 30 (Reuters) - A federal judge signaled on Friday she may dismiss a lawsuit by Elon Musk's artificial intelligence startup xAI accusing Sam Altman's rival OpenAI of stealing trade secrets to gain an unfair advantage in developing AI technology.
OpenAI accused Elon Musk’s artificial intelligence company of “systematic and intentional destruction” of evidence in xAI’s lawsuit accusing the ChatGPT maker of trying to thwart competition in emerging markets.
SpaceX announced today that it has acquired xAI, Elon Musk’s AI company, in a deal that creates a combined entity reportedly valued at $1.25 trillion ahead of a planned IPO. The acquisition notably does not include Tesla,
AI’s Grok Imagine 1.0 adds 10-second 720p video with improved audio and a new API, as regulators scrutinize deepfake and abuse risks on X globally.
What smart people are saying about the biggest, most anticipated IPOs of the year: SpaceX and OpenAI
SpaceX and OpenAI and their leaders, Elon Musk and Sam Altman, are among tech's biggest figures. Both could IPO in 2026.
Seeking Alpha's roundup of statements, announcements, and remarks that could impact the technology sector. Read more here.