Elon Musk

The Messy, Secretive Reality Behind OpenAI's Bid To Save the World (technologyreview.com) Posted by msmash on Tuesday February 18, 2020 @10:28AM from the closer-look dept. OpenAI has a glossy exterior. In the four short years of its existence, it has catapulted itself to a spot among the leading AI research…

Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. This week turned out to be a surprisingly busy one in space news — kicked off by the Trump administration’s FY 2021 budget proposal, which was generous to…

Cha-ching — Tesla's stock price has tripled since Tesla's last fundraising round last May. Timothy B. Lee - Feb 13, 2020 4:02 pm UTC Enlarge / Elon Musk in 2015.Tesla will raise $2 billion in a new stock offering, the company announced on Thursday morning. Tesla's shares are worth about…

Reuters / Kyle GrillotTesla on Thursday announced plans to offer $2 billion of common stock. Shares of the automaker fell as much as 7% in early trading Thursday. Tesla said it would use the proceeds to "further strengthen its balance sheet, as well as for general corporate purposes." On a…

Tesla is seeking to raise up to $2 billion in fresh funding through a new stock offering, it said Thursday. The new prospectus comes two weeks after CEO Elon Musk said it "doesn't make sense" to raise new money in Tesla's current condition. Musk will buy up to $10 million of the…

BRENDAN SMIALOWSKI/AFP via Getty ImagesHere's what you need to know before the markets open. 1. Barclays CEO Jes Staley is being investigated by UK regulators over his ties to Jeffrey Epstein — 'I wonder if he can survive this.' The bank's board said Staley has been "sufficiently transparent with the…

BRENDAN SMIALOWSKI/AFP via Getty ImagesHere's what you need to know before the markets open. 1. Barclays CEO Jes Staley is being investigated by UK regulators over his ties to Jeffrey Epstein — 'I wonder if he can survive this.' The bank's board said Staley has been "sufficiently transparent with the…

Amazon CEO Jeff Bezos is suing Donald Trump over the Pentagon’s decision to award a lucrative military artificial intelligence and cloud services contract to Microsoft instead of his company. Normally these kinds of lawsuits are yawn-inducing, but this case has some interesting caveats. And, if you’ll let me set the…

Gerst-to-go — "I wish my friend success in his new job!" Eric Berger - Feb 11, 2020 7:06 pm UTC Enlarge / William Gerstenmaier, associate administrator for Human Exploration and Operations, speaks in 2013.SpaceX has confirmed that NASA's former chief of human spaceflight, William Gerstenmaier, has joined the company as…

Joe Skipper/ReutersInvestors betting against Tesla were hit hard by the electric-car maker's stock surge last week. "Oh damn, I got my butt kicked," private investor Robert Matjeles told The Wall Street Journal. Tesla shares have skyrocketed 350% in six months, and hit an all-time high last week. Notorious short-seller Jim…