Xai d’Elon Musk buys X

Xai d’Elon Musk buys X

Welcome to the week as a review! Elon Musk says that XAI bought X in an All-Stock agreement; 11x supported A16Z simulated certain customers; The Lumon Terminal Pro appears on the Apple website; And much more. Crétons!

The subjects buy X: Friday, the owner of the X, Elon Musk, announced that XAI has acquired X in an All-Stock transaction. This combination values ​​XAI at $ 80 billion and X at $ 33 billion. “Today, we are officially doing the measure to combine data, models, calculation, distribution and talent,” said Musk.

Fudging the numbers: More than 20 sources – including current and former investors and employees – told Techcrunch that A16Z and 11x supported has experienced financial difficultieslargely of its own manufacture. “They absolutely massaged internal figures with regard to growth and baratting,” said a former employee.

Block reads: A message disclosed by the CEO of Block, Jack Dorsey, examined by Techcrunch revealed that the company – which has an application in cash and square – A licensed 931 people, or 8% of the company, within the framework of a “restructuring of the organization”. The email from Dorsey denies that layoffs are for financial reasons or to replace workers with AI.


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News

Trevor Milton, founder of Nikola Corp., leaves the court in New York
Image credits:Victor J. Blue / Bloomberg / Getty Images

“What, I do fraud?” The White House confirmed to Techcrunch on Friday that President Trump has forgiven Trevor MiltonThe founder of the bankruptcy truck startup Nikola who was found guilty of fraud. Forgiveness comes only a few weeks after Nikola submitted a bankruptcy file in chapter 11.

Speaking of leaks: A database disclosed by Techcrunch shows that China has developed a AI system which oversees its already formidable censorship machineextending far beyond traditional taboos like the square massacre of Tiananmen.

Skunkworks turns: Rivian’s Skunkworks project was Business tour With a new name and $ 105 million in Eclipse Ventures funding. The startup, also called, will exist as an autonomous company in Rivian.

Prepare your computers: Apple announced that The World Conference of Developers 2025 will start on June 9. The reports indicated that Apple has prepared spectacular software revisions for the iPhone, iPad and Mac. We also expect at iOS 19, which, according to Bloomberg, will be “the biggest overhaul since iOS 7.”

DNA debacle: DNA testing company 23andme has filed a bankruptcy this week. The company’s co -founder and CEO, Anne Wojcicki, said separately that she was leaving to become an independent tenderer for the company. Your data may not be safeSO Here are some ways to delete it.

An act of congress: Kat Abughazaleh, the 26 -year -old who was one of the licensed people of Media Matters after Elon Musk continued the company, announced this week that she presented herself at Congress. “I try to be really transparent about how to stand in the elections, because I have the impression that it is a bit of this black hole that seems much more difficult than it should be,” she told Techcrunch.

A slice of “dry”: I did not look at any seasons of “Severance” and, based on everyone in the world, I absolutely miss. My colleague Sarah is one of those people, and she spotted a Lumon Terminal Pro (the machine they use in the show) on the Apple website.

Stolen from China: SpaceX, a defense entrepreneur for the Pentagon, would have allowed Chinese investors to buy sharesAs long as the funds are transported through the Cayman Islands or other offshore hubs.

The Switch 2 arrives! And at Nintendo Direct, the company announced that it was working on Virtual game cards that allow players to take their downloaded games With them to be used on other devices.

Analysis

Sam Altman speaks on stage during the New York Times Dealbook Summit 2024.
Image credits:Eugene Gologusky / The New York Times / Getty Images

The new generator of Chatgpt images was launched this week, and with it came a flood of images based on art by studio Ghibli published online. Although the debate on the question of whether it is horrible (the co-founder of the studio Ghibli Hayao Miyazaki said one day that “AI is an insult to life itself”) or cool, it highlights one thing: Copyrights are always a concern When it comes to something generated by AI. Although the copy of the artistic style is not necessarily illegal, Openai Train its models on the art of studio Ghibli works in a legal “gray zone”.

“I think it raises the same question that we have been asking ourselves for a few years now,” said an intellectual property lawyer in Techcrunch. “What are the implications for copyright violation of going out, crawling on the web and copying in these databases?”

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