TNW News : Business

SpaceXAI has launched Grok 4.5, its most capable model yet. It is the company’s first release since going public and buying the AI coding startup Cursor. This is the joint model the two firms had raced to ship. Elon Musk aimed it squarely at coding and agentic work, not casual chat. “It is an Opus-class […]

TNW News

Congress is moving to stop households paying for Big Tech’s AI power bills. A House panel votes this week on a package of measures. The aim is to put AI data centre energy costs back on the companies that create them. As AI drives up electricity bills, Congress wants Big Tech to pick up more […]

TNW News

The US Justice Department has taken Elon Musk’s side in a pollution lawsuit, arguing that the gas turbines powering his AI data centre are too important to national security to switch off. In a filing on Monday, the department, joined by the state of Mississippi, asked a court to dismiss the case the NAACP brought […]

TNW News

A federal judge has permanently killed xAI’s lawsuit accusing OpenAI of stealing trade secrets related to the Grok chatbot. US District Judge Rita Lin dismissed the case with prejudice on Monday, meaning xAI cannot bring the same claims again. Lin said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li to divulge confidential […]

TNW News

  Elon Musk’s xAI has told employees to limit their contact with staff from Cursor , the AI coding startup that SpaceX has an option to acquire for $60 billion. The directive came from James Burnham, xAI’s general counsel and former chief lawyer at the Department of Government Efficiency, according to Bloomberg. Burnham sent guidelines to […]

The Verge : Business

There is a harsh truth about Elon Musk's "truth-seeking" AI chatbot Grok: It's not very good, and not many people are using it.

Tech Insider : Business
Elon Musk Tesla factory
Tesla made over half a billion dollars supplying products to other Elon Musk companies.
TNW News

Summary: Japanet Holdings, the Japanese TV shopping company based in Nagasaki, has quadrupled its venture capital fund to $200 million after early investments through Pegasus Tech Ventures in Anthropic, xAI, SpaceX, and OpenAI generated extraordinary paper returns. Anthropic alone has appreciated from a $550 million valuation in 2021 to $380 billion in 2026. The expansion […]

Tech Insider : Technology, Business, Style
Elon Musk and Michael Truell
xAI CEO Elon Musk and Cursor CEO Michael Truell.
The Verge : Business
Elon Musk smiling with big green arrow and Space X rockets.

To be honest, I thought Elon Musk would confidentially file for SpaceX's IPO on the 20th of this month, rather than the 1st.