Ethereum gaming network Xai claims Elon Musk’s AI firm xAI has caused market confusion and reputational harm. Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The complaint, lodged in the Northern District of California on Thursday, claims Musk’s xAI company has created widespread market confusion, damaging Xai’s brand. Ex Populus, the Delaware corporation behind Xai, said it has used the XAI trademark in US commerce since June 2023, including through its blockchain gaming ecosystem and the $XAI token. “This is a classic case of trademark infringement that requires the Court’s intervention to remedy,” the filing said. Read more
Elon Musk said Grok may soon discover new physics as xAI works on a more advanced, vision-capable model. The xAI team revealed its latest development plans following the launch of Grok 4, as founder Elon Musk shared bold predictions about artificial intelligence. During a Thursday livestream on X, the xAI team said the first public release of Grok 4 is based on the company’s sixth foundation model. A seventh version is currently in training and expected to be completed “in a few weeks,” with improvements focused on “weakness on the vision side.” The update is significant in light of Musk’s broader plans. During the livestream, he said that Grok will be able to interact with the real world through Tesla’s Optimus robot. Read more
Elon Musk says that his new America Party will support Bitcoin, but does it have a chance in the American political system? The growing rift between Tesla CEO Elon Musk and US President Donald Trump turned into a gulf on July 5 when Musk announced the independent America Party, supposedly focused on Bitcoin and centrist policies. The move was catalyzed by Congress passing the Trump administration’s controversial One Big Beautiful Bill Act. According to Musk, the bill flies in the face of the administration’s initial efforts to cut government spending. The America Party has yet to hold a formative congress or issue a specific platform. Little is known about the party’s stance, beyond Musk’s vague comments of a preference for centrism, deregulation, reduction of government spending and support for Bitcoin (BTC). Read more
JAN3 founder Samson Mow says Elon Musk should go all in on Bitcoin before “they freeze his fiat assets.” The Bitcoin community is calling on Tesla CEO Elon Musk to stack Bitcoin as a way to gain the upper hand in his ongoing public feud with US President Donald Trump. “The best way for Elon to get back at Trump is by full porting Bitcoin,” crypto trader and analyst Will Clemente said in a June 6 X post. Echoing a similar sentiment, JAN3 founder and CEO Samson Mow said in an X post on the same day, “@elonmusk, it’s time to go all in on Bitcoin.” Mow urged Musk to accept Bitcoin (BTC) payments for Tesla and adopt a Bitcoin treasury strategy. In 2021, Tesla stopped accepting Bitcoin as a means of payment due to environmental concerns. However, the firm still holds digital assets. On April 23, Cointelegraph reported that Tesla’s digital asset holdings dropped 11.61% in value from $1.076 billion to $951 million in Q1. Read more
WASHINGTON: U.S. President Donald Trump is not interested in talking with Elon Musk, a White House official said on Friday, signaling the president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon. The White House official, speaking on condition of anonymity, said no phone call between Trump […]