Elon Musk Says He Has Sold X to xAI

Elon Musk said on Friday that he had sold X, his social media company, to xAI, the artificial intelligence start-up he founded in 2023, in an unusual arrangement that may raise conflict-of-interest questions. The all-stock deal valued xAI at $80 billion and X at $30 billion, Mr. Musk said on X. The price for X … Read more

The Tech Behind Signalgate + Dwarkesh Patel’s ‘Scaling Era’ + Is A.I. Making Our Listeners Dumb?

Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTube | iHeartRadio This week, we dig into the group chat that’s rocking the Trump administration and talk about why turning to Signal to plan military operations probably isn’t a great idea. Then, we’re joined by the podcaster Dwarkesh Patel to discuss his new … Read more

CoreWeave Scales Back Ambition for Its I.P.O.

When CoreWeave, the cloud computing company vying to become the first major artificial intelligence start-up to go public, filed paperwork for a public listing earlier this month, it was a mark of optimism in an otherwise rocky market for I.P.O.s. But now that optimism has faded as the New Jersey-based CoreWeave significantly reduced the size … Read more

TikTok Ads Portray App as Force for Good as US Ban Looms

In an emotional advertisement running on Facebook and Instagram over the past month, a young woman, Katie, talks about being diagnosed with an illness that resulted in kidney failure at age 19. But she was able to find a transplant match “because a stranger was scrolling on TikTok.” Thanks to that stranger’s kidney, she continued, … Read more

Democrats Fired from F.T.C. Sue President Trump Over Dismissals

Two Democratic former members of the Federal Trade Commission on Thursday sued President Trump over his decision to fire them from the agency, accusing him of an illegal overreach of executive power. Mr. Trump fired the Democratic commissioners, Rebecca Kelly Slaughter and Alvaro Bedoya, on March 18, upending the consumer protection agency, which is typically … Read more