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Elon Musk uses X platform to enhance transparency amid political backlash
Elon Musk is leveraging his X platform to enhance transparency around the Department of Government Efficiency (DOGE) amid criticism from Democrats. With 216 million followers, Musk uses X for real-time updates and political engagement, contrasting with Trump's Truth Social approach. As DOGE faces scrutiny, Musk actively addresses misinformation and invites public participation through polls, while also facing backlash from Democratic leaders.
amazon increases advertising on x amid changing relationship with elon musk
Amazon is set to increase its advertising on X, following a year of reduced spending after Elon Musk's acquisition of the platform. This shift comes as Jeff Bezos and Musk appear to have developed a friendly relationship, contrasting their previous rivalry in the space industry. As major brands previously pulled back from advertising on X, Amazon's renewed interest signals a potential turnaround for the platform's revenue, with CEO Andy Jassy reportedly involved in the decision.
trump and musk navigate political tensions amid growing influence and criticism
Donald Trump appears to be growing frustrated with Elon Musk's presence at Mar-a-Lago, leading to speculation that he may be trying to distance himself from the billionaire. Trump's recent social media post suggested sending Musk to retrieve astronauts from the ISS, which some interpret as a humorous nudge to remove him from his circle. Meanwhile, Musk's political influence is rising, with significant donations to Trump's campaign and controversial endorsements in Europe, raising concerns about the role of billionaires in shaping political landscapes without accountability.
the volatile alliance of trump and musk power money and loyalty
The relationship between Donald Trump and Elon Musk is marked by mutual benefit, with Trump wielding political power and Musk providing financial support and influence. However, cracks are appearing as Musk's loyalty wavers, raising questions about the longevity of their alliance. Should their partnership falter, the fallout could be dramatic, given both men's volatile natures.
trump administration navigates complex relationship with elon musk
Trump's allies are navigating a complex relationship with Elon Musk, who has gained influence in the administration despite causing some friction. While Trump praises Musk's contributions, tensions arise from Musk's differing views on key issues, particularly with hardline supporters like Steve Bannon. Despite potential rifts, Musk's financial backing and innovative thinking keep him firmly in Trump's inner circle.
Chinese startup DeepSeek disrupts US AI market with cost-effective model
Chinese start-up DeepSeek has launched its AI model R1, which rivals US applications like ChatGPT at a fraction of the cost, causing significant market shifts. Despite US trade restrictions, DeepSeek claims to have trained R1 using only 2,000 Nvidia chips, raising questions about the future of AI investments and US dominance in the sector. The model's success has led to a sharp decline in Nvidia's stock and has prompted concerns over the viability of data center investments, as well as potential political tensions between the US and China.
elon musk questions deepseek's claims amid us tech market turmoil
China's AI startup DeepSeek has disrupted the tech market with its chatbot, claiming capabilities rivaling those of Google and OpenAI at a fraction of the cost. Despite its rapid rise and significant market impact, Elon Musk remains skeptical, questioning the authenticity of DeepSeek's GPU claims and dismissing its achievements as overstated. The situation has sparked debates about the future of US tech dominance and investment strategies in AI.
deepseek disrupts ai landscape as us dominance faces new challenges
Crypto.com has launched a sports event trading product across all 50 states, despite the Commodity Futures Trading Commission's request to suspend its sports markets. This move, alongside Kalshi's similar offerings, tests the regulatory boundaries of online prediction markets amid a changing political landscape. Meanwhile, Elon Musk faces backlash for criticizing a project backed by Trump, while former CNN anchor Don Lemon expands his lawsuit against Musk and X, alleging defamation and breach of contract.
bidders emerge for tik tok as potential sale deadline approaches
The race to acquire TikTok intensifies as ByteDance faces a mandated sale to a US buyer or a ban. Notable contenders include YouTuber MrBeast, billionaire Frank McCourt with "The People's Bid," and tech moguls like Elon Musk and Larry Ellison, while other potential buyers include Steven Mnuchin and Bobby Kotick. The urgency grows as the deadline approaches, with various proposals emerging to reshape the platform's future.
Elon Musk has raised doubts about DeepSeek AI's claims regarding its microchip usage, suggesting skepticism over the company's assertion that it trained its V3 model with only 2,000 specialized NVIDIA chips, compared to the 16,000 needed for leading models. DeepSeek AI has gained significant traction, surpassing ChatGPT as the top free app on the Apple App Store, which could shift the AI landscape and bolster China's position in the industry. Musk's comments on social media reflect broader concerns about the computing power required for AI advancements and the implications for global competition.
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