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Tag: ELON MUSK

Post Mardi Gras revelry beads draped on a fire hydrant

Financial Institutions Ready for Crypto Craze

Post Mardi Gras revelry beads draped on a fire hydrant

The cryptocurrency industry has unabashedly celebrated the start of President Donald Trump’s second term in office as a watershed moment for the sector. With Trump promising to deliver a friendlier regulatory climate for digital assets, it...

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Court OKs Tesla Board’s Deal to Repay Nearly $1 Billion

overflowing dough

Ending one skirmish amid the legal battles at Tesla over excessive compensation, a Delaware Chancery Court on January 8 approved a deal that Tesla’s board of directors struck 18 months ago to return roughly $919 million to the company. The...

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Judge Again Rejects Musk’s $56 Billion Pay Package from Tesla

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We’re going to talk about Elon Musk, but first we’ve got to focus. Forget, for a moment, about other recent stories involving the world’s richest man. Forget about his stated initiative to feed “all court cases” to an artificially intellige...

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Trump Seemingly Poised to Relax Regulation of AI

railings safeguarding bridge

Remember the anecdote about President Biden getting spooked by a blockbuster film’s depiction of artificial intelligence run amok? The story goes that in November 2023, he issued an executive order calling for the federal government to crea...

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5 Questions Raised by OpenAI’s For-Profit Shift

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Arguably one of the least nonprofit of nonprofit entities to ever exist, OpenAI’s transition to a for-profit company began in earnest with last week’s announcement that it has raised $6.6 billion in venture capital funding. OpenAI has opera...

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