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Elon Musk Launches New AI Firm xAI

Elon Musk Launches New AI Firm xAI

Elon Musk announced the formation of xAI, a team led by Musk with executives from Google’s DeepMind, Microsoft, and Tesla. The release from July 12 states that xAI would collaborate closely with Tesla, Twitter, and other businesses owned by Musk to “make progress toward our mission.” The company is aggressively looking to add skilled engineers […]

Twitter Awarded 3 State Money Transmitter Licenses

Twitter Awarded 3 State Money Transmitter Licenses

Twitter recently secured money transmitter licenses in Michigan, Missouri, and New Hampshire. The authorized licenses, which were issued between June 29 and July 3, 2023, show how committed Twitter is to adhering to these jurisdictions’ legal standards. The social media site wants to grow its offering of payment services. While the licenses in New Hampshire […]

Musk Slams AI Bot as Scam, Account Suspended

Musk Slams AI Bot as Scam, Account Suspended

The popular AI bot ‘Explain This Bob,’ which had its own meme coin and exchange, was suspended by Twitter after Elon Musk called it a scam. The crypto community and AI fans are puzzled and outraged by the sudden move. ‘Explain This Bob’ was a Twitter account [@explainthisbob] that used OpenAI’s advanced GPT-4 model to […]

Elon Musk Sued for $258 Billion Over Dogecoin Manipulation

Elon Musk Sued for $258 Billion Over Dogecoin Manipulation

A proposed class action lawsuit accuses the Tesla CEO of using Twitter, paid influencers, and his TV appearance to boost the meme cryptocurrency DOGE for personal gain. Elon Musk, the CEO of Tesla and SpaceX, is facing a $258 billion lawsuit from investors who claim he manipulated the price of Dogecoin, a popular meme-based cryptocurrency, […]

The Musk Effect on Milady Meme Coin

The Musk Effect on Milady Meme Coin

Elon Musk, the billionaire entrepreneur and crypto enthusiast, once again demonstrated his ability to influence the cryptocurrency market with a single tweet. On May 11, he uploaded a photo of himself holding a sign reading “Milady” with a heart emoji, followed by the hashtag #LADYS. The tweet appeared to endorse Milady Meme Coin (LADYS), a […]