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Musk says he does not support a merger between Tesla and xAI but backs investment

Musk says he does not support a merger between Tesla and xAI but backs investment

Finance News

Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk on Monday said he does not support a merger between xAI and Tesla, as questions swirl over the future relationship of the electric automaker and artificial intelligence company. X account @BullStreetBets_ posted an open question to Tesla investors on the […]

Musk says he does not support a merger between Tesla and xAI but backs investment Read More »

Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less

Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less

Finance News

An AI sign at the MWC Shanghai tech show on June 19, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — The latest Chinese generative artificial intelligence model to take on OpenAI’s ChatGPT is offering coding capabilities — at a lower price. Alibaba-backed startup Moonshot released on late Friday night its Kimi K2 model: a

Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less Read More »

Nvidia CEO downplays U.S. fears that China’s military will use his firm’s chips

Nvidia CEO downplays U.S. fears that China’s military will use his firm’s chips

Finance News

Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm’s chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing.  In an interview with CNN aired Sunday, Huang said “we don’t have to worry about” China’s military using U.S.-made

Nvidia CEO downplays U.S. fears that China’s military will use his firm’s chips Read More »

Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war

Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war

Finance News

A Meituan food delivery courier rides an electric scooter in Chongqing, China, on March 29, 2025. Cheng Xin | Getty Images News | Getty Images In China’s fiercely competitive market, the latest price war is playing out in the growing “instant commerce” sector, where companies are launching massive subsidies and other incentives to get consumers

Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war Read More »

Samsung launches three new foldable smartphones as it fends off Chinese rivals

Samsung launches three new foldable smartphones as it fends off Chinese rivals

Finance News

The Galaxy Z Fold 7 is super thin, measuring just 8.9 millimeters when closed and 4.2 millimeters when unfolded. Ryan Browne | CNBC Samsung on Wednesday launched three new folding smartphones — including thinner top-end devices and a cheaper version of its flip phone — as the tech giant looks to entice buyers to make the

Samsung launches three new foldable smartphones as it fends off Chinese rivals Read More »

Google hires Windsurf CEO Varun Mohan, others in .4 billion AI talent deal

Google hires Windsurf CEO Varun Mohan, others in $2.4 billion AI talent deal

Finance News

Chief executive officer of Google Sundar Pichai. Marek Antoni Iwanczuk | Sopa Images | Lightrocket | Getty Images Google on Friday made the latest a splash in the AI talent wars, announcing an agreement to bring in Varun Mohan, co-founder and CEO of artificial intelligence coding startup Windsurf. As part of the deal, Google will

Google hires Windsurf CEO Varun Mohan, others in $2.4 billion AI talent deal Read More »

Tron’s Justin Sun says he’s buying another 0 million of Trump’s memecoin

Tron’s Justin Sun says he’s buying another $100 million of Trump’s memecoin

Finance News

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020. Calvin Sit | Bloomberg | Getty Images Crypto billionaire Justin Sun is buying another $100 million worth of $TRUMP, doubling his total known stake of digital coins tied to President Donald Trump. Sun, who founded the TRON blockchain

Tron’s Justin Sun says he’s buying another $100 million of Trump’s memecoin Read More »

TikTok loses bid to dismiss lawsuit alleging its ‘addictive design’ exploits kids

TikTok loses bid to dismiss lawsuit alleging its ‘addictive design’ exploits kids

Finance News

FILE PHOTO: TikTok app logo is seen in this illustration taken, August 22, 2022.  Dado Ruvic | Reuters A judge this week rejected TikTok’s attempt to dismiss a lawsuit by the state of New Hampshire accusing it of using manipulative design features aimed at children and teens. “The Court’s decision is an important step toward

TikTok loses bid to dismiss lawsuit alleging its ‘addictive design’ exploits kids Read More »

Nvidia’s Jensen Huang sells more than million in stock, catches Warren Buffett in net worth

Nvidia’s Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth

Finance News

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker,

Nvidia’s Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth Read More »

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