Stock Market

US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company

Expert said federal law prohibits officials from taking actions in their jobs that benefit their own financial interestsA high-profile US defense department official who oversees the agency’s artificial intelligence efforts made a profit of up to $24m selling a private investment he held in Elon Musk’s AI company earlier this year, according to government ethics […]

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Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation

Elon Musk’s aerospace to AI company will host summer event to try to convince buyers it is worth $2tnBusiness live – latest updatesSpaceX will kick off the marketing for its highly anticipated stock exchange debut by hosting an event in June for 1,500 retail investors, as executives set out to convince buyers that the aerospace-to-artificial-intelligence

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AI Weekly Issue #480: Monday Edition : npm compromised by North Korea, Iran targets AI data centers, and nobody wants OpenAI stock

Three days, three threat vectors nobody had on their bingo card. North Korea compromised the npm package your app probably depends on. Iran published satellite coordinates of OpenAI’s $30B data center. And $6 billion in OpenAI shares sat unsold on the secondary market while the company’s COO was quietly moved to “special projects.” Meanwhile, AI

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