Super rich

According to the Bloomberg Billionaires Index, Meta CEO Mark Zuckerberg has overtaken Jeff Bezos as the world’s second-richest person Zuckerberg’s wealth surged by $78 billion in 2024, a rise unmatched by any other member of the index’s 500 richest individuals, thanks to his 13% stake in Meta. Throughout the year,Read More →

Tesla EV

Tesla posted its third-quarter vehicle production and deliveries report on Wednesday 2nd October 2024 – the stock fell 3.7%. Total deliveries Q3 2024: 462,890 – Total production Q3 2024: 469,796 Analysts had projected Tesla would deliver 463,310 vehicles by the end of September 2024. However, other sources indicated a larger shortfall; the averageRead More →

Internet satellites

On Tuesday 6th August 2024, China launched its inaugural batch of internet satellites, which are expected to be part of a constellation designed to compete with SpaceX’s Starlink. The constellation, named “Thousand Sails,” comprises over 15,000 satellites in low-Earth orbit that are anticipated to provide worldwide internet coverage. China plansRead More →

Tesla stock

Tesla’s shares dropped in U.S. pre-market trading following the electric car maker’s Q2 earnings report, which fell short of expectations. The company saw a 7% year-on-year decrease in automotive revenue for the June 2024 quarter, down to $19.9 billion, and a decline in its ‘adjusted’ earnings margin. Investors are dividedRead More →

Electric vehicle

Tesla’s shares surged on Monday 29th April 2024, marking their best performance since March 2021, following the company’s achievement in advancing its driver-assistance technology in China. The stock closed 15% higher, buoyed by investor enthusiasm over Tesla CEO Elon Musk’s visit to China. On Sunday 28th April 2024, Tesla announcedRead More →

Robot Taxi

The CEO of Tesla, Elon Musk recently made an announcement regarding the company’s robotaxi. According to his social media post on X, Tesla will unveil its robotaxi product on 8th August 2024. This project has been a topic of discussion for several years and could potentially represent a significant new business venture for Tesla. Read More →

AGI

That’s reassuring then, and they are creating it Leaders at some of the world’s leading artificial intelligence (AI) companies are expecting a form of AI on a par with, or even exceeding human intelligence to arrive sometime in the near future. But what it will eventually look like and howRead More →

Wealth

According to the Bloomberg Billionaires Index, Elon Musk is the wealthiest person in the world, with an estimated net worth of $243.46 billion USD as of 8th Jan 2024. Musk is the founder and CEO of Tesla and SpaceX, X and X.ai as well as the co-founder of PayPal and Neuralink. He made his fortune from various business ventures,Read More →

X outage

Social media platform X suffered global outages for just over an hour on Thursday 21st December 2023. According to Downdetector, which tracks outages by collating status reports, more than 47,000 U.S. users encountered issues with X and X Pro. Some users in the UK were also unable to view postsRead More →

Chatbot illustration

X.AI, Elon Musk’s artificial intelligence (AI) startup, has filed with the SEC to raise up to $1 billion in an equity offering. The company has already raised nearly $135 million with the first round on 29th November 2023 according to the filing. The AI startup, which Musk announced in July 2023,Read More →

Robot learning

Definition Grok is a neologism (a newly coined word or expression), referenced by Robert A. Heinlein for his 1961 science fiction novel Stranger in a Strange Land. It means to understand something so deeply that you become one with it. Grok is a term used in computer programming to mean toRead More →

Tesla

The stock dropped more than 15% over the last few days after the company posted third-quarter earnings on Wednesday 20th October 2023.  The earnings report showed that Tesla missed analysts’ expectations on revenue and earnings per share. Tesla also announced a recall of 475,000 vehicles in the US due to aRead More →

Threads

Threads Open Social Network Threads is a new app, owned by Meta (Facebook), and built by the Instagram team, for sharing public conversations akin to Twitter. You log in using your Instagram account and posts can be up to 500 characters long and include links, photos, and videos with a 5 minute limit. Threads is Meta’s first app envisionedRead More →

AI Form

The entrepreneur Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX and Neuralink, has revealed his latest venture: xAI, a new artificial intelligence company that aims to “understand the true nature of the universe”. Musk announced the formation of xAI on Wednesday on Twitter and on the company’s official website, whichRead More →