xAI is moving to scale up its artificial intelligence infrastructure in the southern US, buying a data centre footprint anchored in Memphis. The expansion centres on the purchase of a third facility in the region, a move that significantly lifts the company’s planned computing capacity and reinforces its ambition to run one of the world’s
Elon Musk’s satellite internet service Starlink has begun offering free broadband access to users in Venezuela through Feb. 3, as the country deals with widespread disruption following US airstrikes and the arrest of former leader Nicolas Maduro. The move places a private technology provider at the centre of a fast-moving geopolitical crisis, where connectivity has
Tesla stock (NASDAQ: TSLA) jumped over 4% on Monday as investors brushed aside soft delivery figures and focused instead on the company’s record energy storage deployments. The positive sentiment was also backed by Tesla’s accelerating progress in robotaxi testing and Full Self-Driving technology. The rally, which pushed Tesla stock past $455 per share, extends a
Europe’s markets and politics jolted into motion as a dramatic US intervention in Venezuela rippled across global finance and diplomacy. London stocks pushed toward historic highs amid a rush into defence and gold, while regulators intensified scrutiny of AI abuses and leaders from Copenhagen to Budapest warned of far-reaching consequences. From energy prices to Arctic
Elon Musk’s social media platform X (formerly known as Twitter) is facing mounting regulatory scrutiny across multiple jurisdictions after its Grok chatbot was used to create and share AI-generated sexualized images of children and women. Authorities in Europe, India, and Malaysia have launched investigations, while officials in Brazil and the UK have also raised concerns,
Elon Musk’s artificial intelligence start-up xAI has raised $20 billion in new funding in an upsized round that more than doubles its valuation since last spring, underscoring investors’ appetite for AI even as the company faces mounting criticism over the content generated by its technology. The company, which develops the Grok chatbot and its underlying
Tesla stock (NASDAQ: TSLA) climbed 1.74% on Friday, driven by renewed optimism surrounding the company’s Cybercab production timeline and Full Self-Driving acceleration. The move caps a volatile week for the EV giant as Wall Street increasingly views Tesla not as a traditional automaker but as an emerging leader in artificial intelligence and autonomous mobility. The
Malaysia and Indonesia have blocked access to Elon Musk’s artificial intelligence chatbot Grok, citing concerns that the tool is being used to generate non-consensual, sexually explicit, and obscene content, including material involving women and children. The coordinated action over the weekend marks the first known bans of the AI tool globally and adds to growing
Heineken’s share price fell more than 4% on Monday after chief executive Dolf van den Brink said he would step down at the end of May, marking a leadership change at a difficult juncture for the world’s second-largest brewer. Van den Brink, a company veteran who joined Heineken as a management trainee in 1998 and
Cardano (ADA) is once again at a crossroads as price action compresses near key resistance and market participants debate whether a breakout is imminent or another bull trap is forming. After weeks of relative underperformance, the Cardano price has stabilised near the $0.38–$0.40 zone, drawing renewed attention from both technical traders and long-term investors. This