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What was Elon Musk’s first company and how much was it sold for? Life and career highlights explored as his net worth crosses $600 billion
Elon Musk's first company was a web software company, Zip2, that he founded with his brother Kimbal James Musk and Greg Kouri. They founded the company in 1995 with the help of angel investors.
Elon Musk says DOGE was only ‘somewhat successful’ and he wouldn’t do it again
Mega billionaire Elon Musk said his efforts leading the Department of Government Efficiency were only “somewhat successful” ...
State Officials Drop Fight Over Elon Musk’s US Government Role
A group of Democratic state attorneys general dropped one of the last remaining legal fights over whether President Donald ...
SpaceX to launch Wall Street ‘bake-off’ to manage IPO that could make Elon Musk a trillionaire: report
SpaceX will reportedly begin hearing pitches from investment banks as it weighs a historic IPO that would propel Elon Musk ...
VCs discuss why most consumer AI startups still lack staying power
The next consumer tech revolution may require an introduction of a new personal device.
OpenAI-backed biotech firm Chai Discovery raises $130M Series B at $1.3B valuation
Chai is building foundation models for drug discovery, specifically to predict interactions between molecules so they could be reprogramed for cures.
I hate that I love Riverside’s AI-driven ‘Rewind’ for podcasters
Riverside's year-end review is amusing, but it represents a creative culture that's increasingly entwined with AI.
Disney’s OpenAI deal is exclusive for just one year — then it’s open season
After the one year is up, Disney is free to sign similar deals with other AI companies.
Nvidia bulks up open source offerings with an acquisition and new open AI models
Nvidia acquired SchedMD, the lead developer of Slurm, and launched the Nemotron 3 family of open source AI models.
Ford is starting a battery storage business to power data centers and the grid
Ford will invest about $2 billion into the new business over the next two years.
Ford’s next F-150 Lightning will have a gas generator as it pivots away from large EVs
The company is abandoning plans for a brand new all-electric pickup truck codenamed "T3" and ending production of the battery-only Lightning.
Creative Commons announces tentative support for AI ‘pay-to-crawl’ systems
The organization offered support for this idea of an AI marketplace, and suggested several guiding principles.
Lightspeed raises record $9B in fresh capital
The massive fund haul will allow the Silicon Valley firm to continue to invest in cash-hungry AI startups.
Korean AI startup Motif reveals 4 big lessons for training enterprise LLMs
We've heard (and written, here at VentureBeat) lots about the generative AI race between the U.S. and China, as those have been the countries with the groups most active in fielding new models (with a shoutout to Cohere in Canada and Mistral in France). But now a Korean startup is making waves: last week, the firm known as Motif Technologies released Motif-2-12.7B-Reasoning, another small parameter open-weight model that boasts impressive benchmark scores, quickly becoming the most performa
Merriam-Webster names ‘slop’ the word of the year
AI-generated content has dominated the internet over the past year, and America's dictionary took note.
Google’s ‘dark web report’ feature will no longer be available starting in February
Launched initially about a year and a half ago, this tool aimed to help users monitor their personal information on the dark web.
Threads adds new communities, tests badges for highly engaged members
Threads, which has more than 150 million daily active users, adds more communities to its platform.
Lidar-maker Luminar files for bankruptcy
The filing marks the end of a tumultuous year full of layoffs, executive departures, and piling debts.
Zoom brings its AI assistant to the web with access to free users
Zoom is allowing free users to try its AI assistant in limited capacity
Sorry, six-figure earners: Elon Musk says that money will ‘disappear’ in the future as AI makes work (and salaries) irrelevant
If Elon Musk is right, your six-figure salary—and any savings and investments you’ve built—could be irrelevant within a few ...