Elon Musk | ForkLog

ForkLog 57 15.01.2025

SEC sues Elon Musk over late disclosure of Twitter stake

On January 14, the SEC filed suit against Elon Musk, accusing him of failing to disclose on time his beneficial ownership in Twitter (X). The regulator says the billionaire began buying the social network’s stock in early 2022 and, by March 14 that year, held more than 5% of the outstanding shares. He was required […]

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ForkLog 57 10.01.2025

Elon Musk calls synthetic data the next stage in AI’s evolution

Elon Musk agreed with other experts that little real-world data remains for training AI models, TechCrunch reports. “Right now we have exhausted practically the entirety of human knowledge for training AI. That happened last year,” he said during a conversation with Stagwell chairman Mark Penn. In December, OpenAI co-founder and founder of AI startup Safe […]

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ForkLog 15 31.12.2024

Elon Musk’s New Alias Nets Trader $634,000 Profit

On December 31, Elon Musk updated his name on X to Kekius Maximus, becoming a mascot for the creation of dozens of meme tokens. Some of these were launched two weeks prior, when the billionaire first posted the phrase in comments on Autism Capital. One trader managed to profit from this, according to analysts at […]

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ForkLog 70 24.12.2024

Elon Musk’s Startup to Launch Grok iOS App

Elon Musk’s AI startup xAI is testing an iOS application for its chatbot Grok, which is currently available only to X users, reports TechCrunch. Beta testing has commenced in Australia and several other countries. The app accesses real-time internet data and offers standard AI features such as text processing and image generation based on prompts. […]

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ForkLog 17 16.12.2024

Meta Opposes OpenAI’s Shift to Commercial Entity

Following Elon Musk’s lead, Meta has urged California’s Attorney General Rob Bonta to block OpenAI’s transformation into a commercial entity. This was reported by The Wall Street Journal, citing a letter. Mark Zuckerberg’s firm argues that allowing the ChatGPT developer to restructure as a business entity would set a precedent enabling startups to exploit the […]

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ForkLog 27 06.12.2024

Elon Musk’s xAI Secures $6 Billion in Funding

Elon Musk’s AI startup xAI has secured $6 billion, according to a filing with the SEC. The identities of the investors and the company’s valuation remain undisclosed. In May, xAI raised $6 billion, bringing the total amount of funds raised to $12 billion. According to the Financial Times, investors from the previous round gained access […]

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ForkLog 14 02.12.2024

Musk Seeks Court Intervention to Halt OpenAI’s Commercial Shift

Elon Musk has urged a federal court to halt OpenAI’s transformation into a fully commercial enterprise, according to a statement filed by his lawyers. He argues that the AI startup led by Sam Altman should be prevented from requiring its investors to refrain from investing in competitors like xAI. In the motion, Musk’s attorneys argue […]

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ForkLog 18 28.11.2024

Elon Musk’s AI Startup to Launch App Following $5 Billion Funding

Elon Musk’s AI startup, xAI, is preparing to release a standalone consumer application, according to WSJ, citing sources. The publication reports that the app will resemble OpenAI’s ChatGPT, allowing users direct access to the AI-based chatbot Grok from personal devices. The application is set to launch following the closure of the next funding round, journalists […]

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ForkLog 54 18.11.2024

Charles Hoskinson Hints at Cardano and SpaceX Collaboration

Charles Hoskinson, the founder of Cardano, has indicated discussions with Elon Musk’s SpaceX. He refrained from providing details, citing a NDA. The initiative gained momentum following the developer’s visit to the company’s office. “Building such a company is one of the greatest achievements of the 21st century,” he shared. Hoskinson implied that talks are ongoing […]

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ForkLog 5 18.11.2024

Musk Rejects Proposal for OpenAI Cryptocurrency Token

In early 2018, Elon Musk dismissed a proposal from OpenAI CEO Sam Altman to launch a startup token. He perceived risks to the company’s reputation, according to updated court documents. “In January 2018, a few months after their ‘enthusiasm’ in September 2017, Altman proposed a fraudulent ‘ICO’ or initial coin offering, whereby OpenAI would sell […]

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ForkLog 22 13.11.2024

Elon Musk to Lead New US Government Efficiency Department

Billionaire Elon Musk and former US presidential candidate Vivek Ramaswamy are set to head the newly established Department of Government Efficiency (DOGE) under the US government. President Donald J. Trump announces the Department of Government Efficiency (DOGE) — headed by @elonmusk and @VivekGRamaswamy pic.twitter.com/Ya2o45qlV8 — Trump War Room (@TrumpWarRoom) November 13, 2024 The department’s mission […]

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ForkLog 9 11.11.2024

Cathie Wood Advocates for SEC Easing, Elon Musk Supports Fed Closure

The founder and CEO of ARK Invest, Cathie Wood, has predicted an influx of investments in cryptocurrencies and new technologies following a “changing of the guard” at the SEC and the FTC. Deregulation (defanging the SEC, FTC, and others), government spending cuts (making room for the private sector), tax cuts, and a focus on technologically […]

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