Business

Elon Musk Floats a New Source of Funding for xAI: Tesla  The Wall Street Journal Musk says he does not support a merger between Tesla and xAI but backs investment  CNBC Musk Has Money and xAI Wants Some  Bloomberg Elon Musk’s SpaceX to invest $2 billion into his xAI startup: report  Fox Business Elon Musk promises Tesla shareholders a vote over buying equity in …

Trump to Unveil $70 Billion in AI and Energy Investments  Bloomberg Trump visit to CMU sparks student protests ahead of energy and AI summit  Pittsburgh Post-Gazette With Trump set to attend AI & energy summit, CMU professor worries climate issues will be lost  90.5 WESA Sneak peek: Trump, McCormick plan $70 billion in AI, energy announcements for Pennsylvania  Axios Can Pittsburgh’s Old Steel Mills …

‘If stablecoins take money…’ Does BoE Governor’s prediction hold weight?  AMBCrypto BOE Governor Bailey Warns Banks Against Issuing Own Stablecoins  Bloomberg Bank of England boss warns banks against issuing stablecoins amid global scrutiny  The Block Andrew Bailey warns banks against issuing their own stablecoins  The Times BOE’s Bailey Slams Bank Stablecoins, Clashes With Trump’s Crypto Wave: The Times  Yahoo Finance Source link

Dow and S&P 500 flat as investors monitor Trump’s tariff threats; bitcoin climbs to fresh record  MarketWatch Stock market today: Dow, S&P 500, Nasdaq waver amid tariff threats as bitcoin touches latest record  Yahoo Finance U.S. Futures Fall As Trade Tensions Rise Ahead Of Earnings  MSN Why U.S. stocks and bonds have ‘healthy’ returns this year despite Trump’s tariff threats  MarketWatch How Much More …

The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty Images Starbucks corporate employees will have to return to the office four days a week starting in October, the company announced on Monday. For workers who would prefer to leave the company instead of heading back to the office for an …

Why U.S. stocks and bonds have ‘healthy’ returns this year despite Trump’s tariff threats  MarketWatch The markets are betting against Trump on the assumption the Fed will rescue them if their call is wrong  Fortune Trump’s tariff threats are back. What should you do about your 401(k) and investments?  San Francisco Chronicle 3 tips for investors to navigate the market with tariff volatility …

A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Over-inflated home prices, high mortgage rates, rising supply and falling demand are all joining forces to cool the nation’s housing market. Annual home price growth in June was just 1.3%, down from 1.6% growth in May …

Defense Department to begin using Grok, Musk’s controversial AI model  The Washington Post US defense department awards contracts to Google, Musk’s xAI  Yahoo Finance Elon Musk’s Controversial Grok AI Lands Contract With Pentagon  Newsweek Pentagon Awards Up to $200 Million in Contracts to xAI, OpenAI  Bloomberg ‘Grok For Government’: Elon Musk’s xAI Says It’s Secured A Pentagon Contract  Forbes Source link

Trump economics adviser Kevin Hassett is rising in race for next Fed chief  The Washington PostView Full Coverage on Google News Source link

Meta is currently building out a data center, called Hyperion, which the company expects to supply its new AI lab with five gigawatts (GW) of computational power, CEO Mark Zuckerberg said in a Monday post on Threads. The announcement marks Meta’s latest move to get ahead of OpenAI and Google in the AI race. After previously poaching top talent to …