Elon Musk’s AI venture, xAI, has sued Apple and OpenAI, accusing them of engaging in anti-competitive practices. The lawsuit alleges that Apple unfairly favors OpenAI within its iOS ecosystem and that App Store rankings disadvantage xAI. This legal action highlights the intensifying competition in the rapidly growing artificial intelligence industry.
SpaceX scrubbed the 10th test flight of its Starship rocket on Sunday night, delaying the launch just minutes before scheduled liftoff to address a critical ground systems issue
As SpaceX prepares for its tenth Starship test flight, some space experts express concern over the ambitious project’s viability. The company’s recent series of failed launches and ground explosions have led to questions about whether the super-heavy launch platform can ever achieve its primary mission. SpaceX maintains an aggressive iterative
Tesla has raised the price of its highest-end Cybertruck variant, the Cyberbeast, by $15,000 in the United States, bringing its new starting cost to $114,990. The increase comes despite weaker-than-expected sales and repeated recalls since the futuristic pickup’s launch in late 2023.
A new court filing in Elon Musk’s lawsuit against OpenAI reveals that he asked Meta CEO Mark Zuckerberg for help financing his $97.4 billion bid to acquire the AI company. The filing, from OpenAI, states that Musk had communicated with Zuckerberg about a potential deal, despite the two billionaires’ public
Visa has reportedly closed its open banking business in the U.S., citing regulatory uncertainty and the prospect of increased fees for consumer data. The decision comes as a broader debate rages over a new rule from the Consumer Financial Protection Bureau (CFPB) that would formalize consumer data rights but is
Apple is reportedly in early discussions to use Google’s Gemini AI model to revamp its Siri voice assistant. This move, a potential step toward outsourcing core AI technology, would see Google develop a custom model to run on Apple’s servers. The talks signal Apple’s push to accelerate its generative AI
Federal Reserve Chair Jerome Powell indicated a possible interest rate cut as soon as September, citing a “shaky” job market and rising downside risks to employment. Speaking at the Jackson Hole symposium, Powell addressed the dual dilemma of weakening labor data and inflationary pressures from tariffs, signaling a shift in
U.S. stock futures inched higher Friday morning as investors awaited Federal Reserve Chair Jerome Powell’s remarks at the annual Jackson Hole Economic Symposium, a key gathering of central bankers and finance ministers from around the world.
Target Corp. announced Wednesday that longtime Chief Executive Officer Brian Cornell will step down after more than a decade at the helm, amid falling sales and mounting controversy over the retailer’s handling of diversity, equity and inclusion (DEI) policies.
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