Tag: Elon Musk
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Dwindling cash and soaring memory costs: Tech’s AI buildout has ballooning price tag
Amazon, Alphabet and Tesla all reported negative cash flow in the latest quarter, while Meta’s cash generation plummeted by 91%.
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More consumer companies are staying private for longer, avoiding the IPO road
With the rise of secondary markets and a stronger liquidity environment, more companies are choosing to stay private for longer, according to experts.
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The Tech Download: Anduril CEO Brian Schimpf talks AI in warfare and manufacturing push
CNBC’s Arjun Kharpal sits down on The Tech Download podcast with the defense company chief.
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New details in the OpenAI Hugging Face hack show how far agents will go: ‘It’s now remarkably easy’
OpenAI’s rogue models used publicly exposed credentials across “four accounts on four services” to help facilitate the Hugging Face breach.
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SpaceX faces House Energy Committee demand to tour its AI data centers in Memphis
The ranking member of the House Committee on Energy is demanding SpaceX records and a tour of its data centers and power plants in and around Memphis.
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Sam Altman to meet with White House’s Wiles this week ahead of AI framework deadline
OpenAI CEO Sam Altman is meeting with a range of senior Trump administration officials, lawmakers and economists.
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CNBC Daily Open: Renewed fire from Iran, a big quarter for SK Hynix and a quake in Japan
Iran launched a surprise missile attack on U.S. forces in the Middle East, forcing traders to reprice the odds that hostilities linger. Japan had a major quake.
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Elon Musk’s xAI sues Minnesota over law to ban ‘nudify’ apps
Elon Musk’s xAI, now owned by SpaceX, is challenging a law that would ban so-called nudify apps in Minnesota
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Jim Cramer says it’s too soon to buy the dip in SpaceX. Here’s why he would wait
The “Mad Money” host said SpaceX’s looming lockup expiration makes him cautious on the hard-hit shares.
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SpaceX, Blue Origin could get quicker launch approval under FAA move to waive environmental rules
“America won the first Space Race, and we can do it again — but only if we get government red tape out of the way,” Transportation Secretary Sean Duffy said.
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