Norway’s sovereign wealth fund has voted against Tesla’s proposal to give CEO Elon Musk a $1 trillion compensation package. The fund, which is managed by Norges Bank Investment Management, holds a 1.14% stake in Tesla, worth about $11.7 billion, according to mid year filing In June. “While we appreciate the significant value created under Mr….
OpenAI has signed a deal to buy $38 billion worth of capacity from Amazon Web Services, its first contract with the leader in cloud infrastructure and the latest sign that the $500 billion artificial intelligence startup is no longer reliant on Microsoft. Under the agreement announced on Monday, OpenAI will immediately begin running workloads on…
Investing is not just a game of giant Jenga. But the pessimistic hedge funds, or the ones who must have shorts on to justify their high fees, as well as their media acolytes who sound so painfully bearish even if they are just trying to sound like informed skeptics, sure make it seem that way…
Mustafa Suleyman, CEO of Microsoft AI, speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft AI chief Mustafa Suleyman says only biological beings are capable of consciousness, and that developers and researchers should stop pursuing…
Toyota Motor Corp President Akio Toyoda gets out of a Tesla Motor’s Roadster electric car with Tesla Motors Chief Exective Officer Elon Musk (behind car) upon their arrival at a news conference in Tokyo November 12, 2010. Issei Kato | Reuters Eight years ago, Tesla CEO Elon Musk promoted a next-generation Roadster, basing the name of the…
SpaceX’s Starship rocket 38 launches during the 11th test flight on October 13, 2025 as seen from South Padre Island in Texas. Gabriel V. Cardenas | Afp | Getty Images SpaceX said it has pitched NASA a “simplified mission” to put astronauts back on the moon following criticisms over delays by Sean Duffy, the space…
Elon Musk‘s Wikipedia rival Grokipedia got off to a “rocky start” in its public debut, but Wikipedia founder Jimmy Wales didn’t even have to take a look at the AI’s output to know what he expected. “I’m not optimistic he will create anything very useful right now,” Wales said at the CNBC Technology Executive Council…
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla Board Chair Robyn Denholm, in a letter Monday, asked shareholders to vote for CEO Elon Musk‘s nearly $1 trillion pay package ahead of the company’s annual meeting. Denholm said Musk was key to…
Mustafa Suleyman CEO and co-founder of Inflection AI speaks during the Axios BFD event in New York City, U.S., October 12, 2023. Brendan Mcdermid | Reuters Microsoft AI CEO Mustafa Suleyman said the software giant won’t build artificial intelligence services that provide “simulated erotica,” distancing itself from longtime partner OpenAI. “That’s just not a service…
U.S. President Donald Trump gestures as he hosts a Rose Garden Club lunch at the White House in Washington, D.C., U.S., October 21, 2025. Kevin Lamarque | Reuters President Donald Trump said in a post on Thursday that the federal government was preparing to “surge” San Francisco, but he was swayed by Nvidia CEO Jensen…
