Musk, Altman trade insults after Apple sues OpenAI
What's new: The clash followed Apple's trade-secrets case against OpenAI and fresh AI model launches from xAI and OpenAI.
Subject
#Xai
Tesla holders bet SpaceX IPO could pave way for Musk merger
What's new: Analysts say SpaceX's post-IPO slide may make a deal easier as investors price in an acquisition premium for Tesla.
Series: Elon Musk · Tesla Spacex Merger Speculation · 2 chapters since Jun 18Tesla shares hold near $400 as investors eye possible SpaceX tie-up
Why it matters: A merger bet is helping support Tesla even after SpaceX slid from about $2.6 trillion to $2 trillion in days.
US presses Meta to submit AI models for security reviews
What's new: Meta is the only major US AI developer without a voluntary review deal as Washington expands national-security checks.
The New York Times, The Straits Times
DOJ moved to dismiss NAACP suit over xAI turbines in Memphis
Why it matters: The filing argues the case could disrupt AI infrastructure tied to U.S. military operations and national security.
The New York Times, CNBC +2
SpaceX agreed to buy AI coding startup Cursor for $60 billion
What's next: The stock deal is expected to close in the third quarter, pending regulatory approvals.
SpaceX buys AI coding startup Anysphere for $60 billion
Why it matters: The stock deal deepens SpaceX's push into AI days after its IPO and ties Cursor to its Colossus supercomputer.
Bloomberg, The New York Times +1
SpaceX shares jump 19% after record $75 billion IPO
What's new: The stock closed at $160.95, lifting the company above a $2 trillion market value on its first trading day.
Bloomberg, NPR +1
42 U.S. state attorneys general probe OpenAI with subpoena
The request covers consumer and minors’ data, elderly users and concerns that chatbots could encourage criminal acts.
Antara News, ABC News
S&P 500, Dow rise as SpaceX debut nears and deal hopes lift mood
What's new: SpaceX was set to open near a $1.75 trillion valuation, with only 3% to 4% of shares available for trading.
Google locks in $920 million-a-month AI capacity deal with SpaceX
What's new: The pact covers about 110,000 Nvidia GPUs through June 2029 and gives Google an exit if capacity misses a Sept. 30, 2026 deadline.
Google struck $920 million-a-month AI capacity deal with SpaceX
What's new: The contract runs through June 2029 for about 110,000 Nvidia GPUs, with Google able to walk away if capacity misses a Sept. 30 deadline.
Google signs $920 million-a-month AI compute deal with SpaceX
What's new: The contract runs through June 2029 for about 110,000 Nvidia GPUs, with Google able to walk away if capacity targets are missed.