Confirming earlier reports, late on Monday Elon Musk said SpaceX has acquired xAI, a deal that combines his powerful rocket-and-satellite business with his artificial-intelligence startup that is facing steep competition. SpaceX confirmed the deal Monday, posting a memo Musk sent out about the arrangement on its website. The deal gives SpaceX a valuation of $1 […]
We’re gonna need a bigger cork board. As far as massive distractions go, the latest Epstein files release seems to be all anyone is talking about. Not only do they mix random and salacious claims called into the FBI tip line (which could have been lodged by anyone for any reason – so you should assign low value to […]
Authored by Cláudia Ascensão Nunes via the Foundation for Economic Education (FEE), For years, Europe has tried to convince itself that it could regulate its way to technological greatness. Instead of becoming a technological powerhouse, it produced rules, many rules, with effects now extending far beyond its own borders. In 2026, those rules are colliding […]
Tesla shares jumped about 5% on Friday after reports suggested that Elon Musk is considering bringing his companies closer together through a possible merger involving SpaceX, Tesla, and artificial intelligence startup xAI. The news helped reverse losses from the previous session, when the stock slid following the company’s earnings report. According to people familiar with […]
Going into Tesla earnings, we wrote in our preview that Morgan Stanley saw a “particularly wide dispersion in financial KPIs into the 4Q print and for 2026.” The bank said that the stock reaction will depend on the incrementality of updates around scaling robotaxi/Cybercab, launching Unsupervised FSD, Optimus Gen 3, and AI5 on the earnings […]
Authored by Alan Cassels via The Brownstone Institute, O is for Obesity…. Back in the days, we saw a fat lady sing, Her song rich and lovely, our hearts would soon ring. And with her size so big, we silently mocked her,But we never thought once she should just see a doctor. But that has all changed. […]
Authored by Pepe Escobar, Whatever the barbarians may be potting, the fact that matters is that China is already deep into the next phase, where it is expected to replace the United States as the world’s primary consumer market. The old world is dying, and the new world struggles to be born: now is the […]
Authored by Lewis Liu via CityAM.com, Today’s AI systems fail badly in out-of-distribution scenarios, as shown by their inability to interpret real-world geopolitical crises. Large language models reflect the ideological biases of their creators, undermining claims of neutral “general” intelligence. The real economic opportunity lies in tightly governed artificial narrow intelligence, not in premature claims […]
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Over the past year, the Trump administration has emphasized the importance of artificial intelligence (AI) adoption to both “deliver the highly responsive government the American people expect and deserve” and help the Department of Defense “maintain its global military preeminence.” This effort builds on initiatives from the Biden administration and the first Trump administration, which encouraged agencies to experiment with AI […]
