Elon Musk | Crypto

Eliza Labs founder Shaw Walters said that xAI demanded more licensing fees from the agentic AI platform or face possible legal action. Agentic AI project Eliza Labs has filed a lawsuit against Elon Musk’s xAI, claiming that the AI company engaged in monopolistic practices meant to “deplatform” agentic AI launchpads. The lawsuit claims that xAI attempted to “extract” valuable information, including technical documentation and usage figures related to the development of Eliza Labs’ platform, to copy its ideas before “banishing” Eliza Labs from xAI. Eliza Labs co-founder Shaw Walters argues in the lawsuit that the relationship between the two companies started off amicably, with xAI inviting Walters to share ideas. He also said that they built on xAI’s application programming interface (API) because it was free. Walters added: Read more

ChatGPT still leads the pack, according to a new ranking—but Google’s Gemini and Elon Musk’s Grok are closing in as the AI ecosystem matures

Elon Musk announced the formation of a new political party on Sunday, telling one of his followers on X that it will embrace Bitcoin as “fiat is hopeless.” Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin. “Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin. Elon Musk is no stranger to Bitcoin as Tesla was an early adopter, holding BTC in its treasury. Read more

Dogecoin was once a joke, but the meme coin gained traction after Elon Musk backed it—then he led DOGE under Trump. Here's a look back.

Elon Musk’s xAI secures $10 billion to expand its operations as his clash with US President Donald Trump over government spending heats up again. Elon Musk’s artificial intelligence firm xAI secured $10 billion in fresh capital, doubling down on its challenge to OpenAI as the race to dominate the AI landscape intensifies. The funds were evenly split between secured debt and strategic equity investments. The influx gives xAI more resources to expand its Memphis-based Colossus supercomputer and train its Grok chatbot, CNBC reported Tuesday, citing Morgan Stanley. The funding round was reportedly oversubscribed, with major investors vying for stakes in Musk’s AI vision. Musk’s AI push comes as American rivals race ahead. OpenAI closed a $40 billion raise earlier this year at a staggering $300 billion valuation, while Anthropic secured fresh backing that pushed its value beyond $60 billion. Read more

The creator says the show’s billionaire villains now mirror figures like Elon Musk, as Season 3 sharpens its critique of visible oligarch power.

X (formerly known as Twitter) is ramping up efforts to integrate financial services directly into its ecosystem and moving beyond its roots in social networking, the Financial Times reported on June 19. According to the report, the social media giant is preparing to let users carry out a wide range of financial transactions within the […] The post Elon Musk’s X accelerates fintech pivot with plans for in-app payments and trading appeared first on CryptoSlate.

xAI, Elon Musk's rising startup, is aiming to secure billions more in funding to fuel its AI ambitions, per a report.

X and Polymarket have teamed up to weave live blockchain prediction odds into the X feed, with widgets showing current probabilities beneath related posts and linking to full contracts for non-U.S. users. The partnership has replaced a scrapped plan with Kalshi and will use X’s AI Grok for context. The post Elon Musk’s X and Polymarket Deal Pushes Onchain Prediction Markets Into Global Social Feeds appeared first on Cryptonews.

The “mog/acc” is quickly gaining ground among everyone from Elon Musk to Garry Tan, a move that bumps the project’s visibility - and eventually prices.

Elon Musk's "truth-seeking" chatbot Grok is causing conservative meltdowns by settling arguments in favor of the left.