NewsFeed

March 28, 2025

Google's NoteBookLM Boosts Productivity with Tips

Google's AI audio tool, NoteBookLM, can help with productivity by providing tips such as using it for note-taking and converting long documents into podcasts. Google is also developing a new AI model called Gemini, which aims to win the AI crown in 2025.

https://www.techradar.com/computing/artificial-intelligence/i-tried-mind-maps-in-notebooklm-and-its-my-new-favorite-feature

March 28, 2025

Labour's Plan Favors Tech Over Creative Workers

The UK Labour government's proposed changes to law would favour tech platforms over creative industries, allowing them to use content for AI models without permission or payment unless creators opt out. This move is seen as contradictory to the party's commitment to workers' rights and has sparked criticism from commentators who view it as a way for tech giants like Google and Facebook to exploit content creators, potentially leading to financial loss and exploitation of "little people" by the already powerful tech industry.

https://www.dailymail.co.uk/debate/article-14548481/AI-strangling-creative-arts-SARAH-VINE-artificial-intelligence.html

March 28, 2025

Meta Asia-Pacific Chief Quits Amid Growth Spurt

Meta's Asia-Pacific chief, a key figure in the company's decade-long growth spurt in the region, has quit their role. SoftBank is leading a record-breaking $40 billion funding round for OpenAI, while SK Hynix says some customers have brought forward orders ahead of US tariffs. Foxconn plans an electric vehicle event in Japan to attract manufacturers. Microsoft is pulling back from data centre leases in the US and Europe, and Apple's iPhone sales ban in Indonesia has ended. GameStop is borrowing $1.3 billion to fund a Bitcoin buying spree, and Alibaba has debuted an AI model that can process video and audio on phones.

https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/singapores-mobile-data-price-war-you-lose-out-if-you-dont-switch

March 28, 2025

Musk's Lawsuit Over Twitter Investment Delayed Again

Elon Musk co-founded OpenAI with Sam Altman in 2015, but now competes with Chinese AI firm DeepSeek and Microsoft-backed OpenAI after acquiring X for $44 billion in 2022. A US judge rejected a bid by Musk to dismiss a lawsuit claiming he defrauded former Twitter shareholders by delaying disclosure of his initial investment.

https://www.malaymail.com/news/money/2025/03/29/musks-xai-buys-x-formerly-twitter-from-musk-for-us45b/171276

March 28, 2025

Musk's Studio Ghibli Ties Fuel AI Innovation Debate

Elon Musk's association with Studio Ghibli has maintained his visibility in the public sphere, fueling conversations about artificial intelligence (AI) and cryptocurrency. As AI competition escalates, the success of chatbots like Grok hinges on ongoing innovation and user acceptance.

https://www.ibtimes.sg/elon-musks-ai-chatbot-grok-tops-android-charts-surpasses-tiktok-chatgpt-79241

March 28, 2025

Musk's Twitter Deal Fuels Investor Windfall

xAI is expanding its data centre capacity and training advanced AI models, with its Memphis-based "Colossus" supercomputer cluster being touted as the largest in the world. The company recently introduced Grok-3, a new chatbot iteration. Following Elon Musk's acquisition of Twitter, brands have returned to the platform as his influence grows in the Trump administration. A surge in investor interest has led to seven banks selling $13 billion in debt related to Musk's X purchase at a higher value than initially taken on, with investors set to profit from the sale.

https://www.gulftoday.ae/news/2025/03/29/musks-xai-buys-social-media-platform-x-valued-at-33-billion

March 28, 2025

Musk's X Acquired by AI Firm xAI for $33B

Elon Musk's social media company, X (formerly Twitter), has been acquired by his AI firm, xAI, in an all-stock deal worth $33 billion. The acquisition combines two of Musk's portfolio companies and potentially simplifies the training of his AI model, Grok.

https://www.smh.com.au/world/north-america/in-a-surprise-deal-musk-s-xai-swallows-his-social-media-platform-x-20250329-p5lnik.html

March 28, 2025

Musk's xAI Acquires OpenAI for $97.4 Billion

Elon Musk's xAI has agreed to acquire OpenAI for $97.4 billion, following a previous bid that was rejected. The deal is seen as part of Musk's efforts to consolidate leadership and management at his companies. xAI recently raised $10 billion in funding, valuing the company at $75 billion, and has been expanding its data centre capacity to train advanced models. The acquisition could further integrate xAI products with the X platform, providing a real-time feed of user data. Musk's influence on Twitter has led to brands returning to the platform, while investors are profiting from the sale of debt extended to Musk by seven banks that financed his purchase of Twitter.

https://www.thenews.com.pk/latest/1296394-elon-musks-xai-buys-social-media-platform-x

March 28, 2025

Musk's xAI Acquires Twitter for $33 Billion Deal

Elon Musk's xAI has acquired Twitter for $33 billion, combining its data, models, compute, distribution, and talent with the social media platform. The all-stock deal consolidates two of Musk's portfolio companies, including Tesla and SpaceX, potentially easing his ability to train his AI model Grok.

https://www.scmp.com/news/world/united-states-canada/article/3304386/elon-musks-xai-buys-social-media-platform-x-us45-billion?module=top_story&pgtype=section