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After SpaceX’s huge IPO, Americans’ financial future will be bound to AI

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They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfoliosAmericans are growing worried about what artificial intelligence portends for their futures. Eight in 10 Americans report concern over AI, compared with a third who report being excited, according to a recent Quinnipiac poll. More than half think […]

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SpaceX to list on US stock market at historic $1.77tn valuation

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IPO for Elon Musk’s company comes in what is predicted to be a banner year for public offerings of AI companiesSpaceX will become publicly traded on Friday after nearly two and a half decades as a private company. Executives are slated to ring the bell on Wall Street with the rocket ship maker’s historic stock

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Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims

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Former xAI engineer Devin Kim alleges he was illegally fired for trying to implement safety mechanisms for the chatbotA former engineer at Elon Musk’s xAI who now heads a thinktank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to

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‘A driver of political violence’: how the breakneck AI boom is fueling anti-tech extremism

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Backlash against AI is taking an extremist turn, following in the footsteps of earlier techno-pessimist militantsSign up for the Breaking News US newsletter email When a 20-year-old man from Texas was arrested earlier this year for allegedly trying to burn down OpenAI’s headquarters and Sam Altman’s house, authorities found an anti-AI manifesto alongside his lighter

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New claimants seek to sue Elon Musk’s xAI after Labour MP’s test case

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Jess Asato’s lawyer says others want to take action over demeaning sexualised material created by Grok AI toolNew claimants have come forward to take legal action against Elon Musk’s company xAI after the Labour MP Jess Asato launched a test case against the firm over demeaning sexualised material created by its Grok AI tool.A handful

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Elon Musk tries again to escape FTC audits of X data handling

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Critics hope to keep Elon Musk from escaping a strict data-privacy order imposed by the Federal Trade Commission (FTC) shortly before he took over Twitter. The FTC order placed restrictions on X’s data use for 20 years, while requiring regular independent audits and granting the agency authority to request documents as needed to ensure compliance.

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SpaceX will get off the ground – but a descent from a silly valuation must follow | Nils Pratley

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Investors will buy into the market-leading tech and cult of Musk despite a price that is defying gravity“Our mission,” says the opening sentence of SpaceX’s listing document with a straight face, “is to build the systems and technologies necessary to make life multi-planetary, to understand the true nature of the universe, and to extend the

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Starmer accuses Musk of trying to ‘whip up division’ in UK over Henry Nowak murder

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PM says Britons are ‘reasonable, tolerant people’ and backs MP’s legal action against Grok firm over fake sexualised imagesUK politics live – latest updatesElon Musk is “interfering in our politics” and attempting to create division, Keir Starmer has said in a significant toughening of government language about the X owner.It comes after weeks of posts

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SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

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IPO could raise up to $75bn, giving SpaceX market value of $1.77tn as it sets up Musk for extraordinary wealthSpace X is seeking to raise about $75bn (£55bn) through its imminent stock market listing, , the company has said, which would make it the largest initial public offering ever.If the stock market launch – primed

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Thank God for Pope Leo. He’s the leader our world desperately needs | Arwa Mahdawi

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Even for nonbelievers like me, the pope has become a reassuring – and all too rare – voice of moral clarityDo you remember the early 2000s, when Silicon Valley buzzed with idealism and tech bros told us they were going to save the world? “Don’t be evil” was Google’s unofficial motto; it’s 2004 IPO prospectus

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