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Former xAI Staffer Says He Was Fired for Questioning Grok Safety
The chat window for chatbot Grok on a laptop arranged in Riga, Latvia, on Monday, June 9, 2025. Announced in March, XAI Holdings was created from the combination of X, formerly Twitter, and Musk’s AI venture, xAI.
Labour MP suing Elon Musk’s xAI over Grok deepfakes
Labour MP suing Elon Musk’s xAI over Grok deepfakes Jess Asato said she filed a claim at the High Court on Wednesday in a bid to seek accountability for the design choices that allowed Grok to create such images - Bookmark Labour MP Jess Asato has said she is suing Elon Musk’s xAI, alleging its Grok chatbot generated fabricated images of her in a bikini. The Lowestoft MP confirmed she filed a claim at the High Court on Wednesday, aiming to hold the company accountable for the design...
OpenAI and Anthropic May Be Rivals, but Investors Aren’t Picking Sides
OpenAI and Anthropic have battled for workers, customers, and public attention. The rival AI labs have been on opposite sides of policy proposals, and their CEOs were the only ones not to link hands among a dozen industry leaders at a business summit earlier this year. But they do have one big area of overlap: their investors.
How you and your superannuation came to be aboard SpaceX
analysis How you and your superannuation came to be aboard SpaceX Fri 12 Jun 2026 at 4:49am Congratulations. You may not be quite aware of this, but chances are some time tonight you're about to become a highly valued financial backer to Elon Musk. If your superannuation is managed by any of Australia's big superannuation funds or if you've taken direct exposure to US stocks via a passive investment fund, then it's almost certain that your future is now tied up with Musk's SpaceX. Tonight...
From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
For nearly two decades, some of the world's most prominent investors quietly accumulated stakes in SpaceX while the rocket maker remained largely off-limits to the public markets. Now, with Elon Musk's company seeking a valuation of roughly $1.8 trillion in its initial public offering, those early bets are poised to generate some of the largest paper gains in venture capital history. Among the biggest beneficiaries are veteran stock picker Ron Baron, Cathie Wood's Ark Invest and mutual fund...
Exclusive-SpaceX plans to price record-setting IPO at $135 per share, source says
Exclusive-SpaceX plans to price record-setting IPO at $135 per share, source says NEW YORK, June 2 : Elon Musk's SpaceX plans to price its initial public offering at $135 per share, selling 555.6 million shares to raise $75 billion in the largest IPO ever, a source familiar with the matter told Reuters. Reuters reported earlier on Tuesday that the rocket and satellite communications company hoped to raise at least $75 billion, at a valuation of $1.75 trillion. The listing leads a wave of...
Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says
Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says NEW YORK, June 2 : In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter. The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.
SpaceX aims to make its stock market debut at $1.77 trillion value
Elon Musk’s SpaceX announced Wednesday that it intends to make its stock market debut next week at a $1.77 trillion valuation. The highly-anticipated initial public offering is expected to be the largest ever and will raise $75 billion in fresh cash for the company. SpaceX said in an SEC filing that it hopes to sell more than 555 million shares at $135 each.
Grok Is Still Hosting Sexualized Deepfakes of Famous Women
Elon Musk’s Grok chatbot is apparently still being used to produce and host nonconsensual explicit images and videos of women, months after Musk’s artificial intelligence firm xAI said it would introduce restrictions to stop the creation of potentially harmful sexualized deepfakes. The revelations come as SpaceX, xAI’s parent company, prepares to go public on Friday in one of the largest IPOs of all time. The Grok Imagine generative AI system has been used to create and host images and...