
Elon Musk is the biggest loser from Trump’s tariffs so far
Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion poorer Monday.
Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion poorer Monday.
Earnings were weaker than expected, the near-term outlook is murky, EV sales are down, and Elon Musk is more distracted than ever before. But with a phalanx of loyal shareholders and a cowed board he’s not going anywhere.
The leading AI startup is currently valued at $157 billion.
The seemingly overnight success of Chinese AI firm DeepSeek has catapulted its founder, Liang Wenfeng, to billionaire status. Here’s how.
The financial services brand, known as “Truth.Fi,” will focus on “American growth, manufacturing, and energy companies,” according to a release.
White House AI czar David Sacks alleged Tuesday that DeepSeek had used OpenAI’s data outputs to train its latest models through a process called distillation.
For years, immigration detention centers run by Geo Group and CoreCivic have been plagued by allegations of dangerous conditions, negligence and mismanagement, which the companies deny. And they’re about to get a massive influx of new detainees from President Trump’s mass deportation effort.
Artificial intelligence was not listed as a chief concern two years ago, the last time the Bulletin of the Atomic Scientists moved the clock closer to global catastrophe.
Crypto is riding high once again, but investors still need to be careful about where they put their money.
The 40-year-old entrepreneur launched the Chinese AI firm years before it rattled global tech stocks.