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Elon Musk's X.ai Set To Raise $1 Bln In Equity Offering

Elon Musk's X.ai Set To Raise $1 Bln In Equity Offering

Elon Musk's artificial intelligence startup X.ai has filed with the U.S. Securities and Exchange Commission to raise up to $1 billion in an equity offering. The minimum investment accepted from any outside investor is $2 million. According to the filing, the company has already raised $134.68 million from the sale of securities to four investors, with the first sale happening on November 29.
RTTNews | 414 gün önce
Elon Musk To Become Twitter's Chair And CTO After Hiring New CEO

Elon Musk To Become Twitter's Chair And CTO After Hiring New CEO

Elon Musk, the owner and Chief Executive Officer of Twitter, is stepping down from the lead role in the social media platform as a new CEO has been hired. In a tweet, he said, "Excited to announce that I've hired a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops."
RTTNews | 622 gün önce
Elon Musk Plans To Launch TruthGPT To Rival ChatGPT, Google

Elon Musk Plans To Launch TruthGPT To Rival ChatGPT, Google

Elon Musk, the founder and CEO of Tesla and SpaceX, as well as the CEO of Twitter, said he is planning to launch his own artificial intelligence or AI venture TruthGPT. In an interview with Fox News, the billionaire also said Twitter was working on a feature that would allow users to optionally encrypt their direct messages, which will be launched no later than next month.
RTTNews | 646 gün önce
Elon Musk Says Twitter Improving, May Be Cash Flow Positive In Q2

Elon Musk Says Twitter Improving, May Be Cash Flow Positive In Q2

Elon Musk said Twitter is improving its financials, and may break even on a cash-flow basis in the second quarter or even go positive. According to him, the significant cost cut efforts are helping the company to recover. While speaking at a Morgan Stanley conference in San Francisco, the billionaire owner of the social media platform said the company has been working on making its advertising...
RTTNews | 687 gün önce
Twitter To Relax Ad Policy To Allow Political, Cause-based Ads

Twitter To Relax Ad Policy To Allow Political, Cause-based Ads

Twitter is relaxing ads policy to allow political as well as cause-based advertising in the United States. The changes come as Elon Musk is looking for more ways to cut costs and boost revenue as the social media platform, following its acquisition by the billionaire, is struggling to keep going.
RTTNews | 750 gün önce
Elon Musk Attributes Twitter Outage To 'backend Server Architecture Changes'

Elon Musk Attributes Twitter Outage To 'backend Server Architecture Changes'

Social media platform Twitter suffered a major outage on Wednesday morning that left thousands of global users unable to access some of its key features or even unable to login to their Twitter account on the web via desktops or laptops. Twitter's new owner and CEO Elon Musk attributed the outage to backend changes to speed up the micro-blogging platform.
RTTNews | 756 gün önce
Elon Musk Says Will Resign As Twitter CEO Once He Finds Replacement

Elon Musk Says Will Resign As Twitter CEO Once He Finds Replacement

Elon Musk, Twitter Inc.'s new owner and CEO, said he will resign as the company's chief executive as soon as he finds a replacement, but plans to keep running key software & servers teams. In a tweet late Tuesday, Musk said, "I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams."
RTTNews | 764 gün önce
Twitter Users Vote In Favor Of Elon Musk Resigning As Boss

Twitter Users Vote In Favor Of Elon Musk Resigning As Boss

Will Elon Musk, current Twitter chief following his $44 billion acquisition of the social media platform, resign from the role as suggested by his millions of Twitter followers in a poll? It was on Sunday that Musk, who also heads Tesla and Space X, initiated a poll, asking his some 122 million followers whether he should step down as head of Twitter. He also said then that he would abide.
RTTNews | 766 gün önce
Twitter Suspends Accounts Of Some Key Journalists

Twitter Suspends Accounts Of Some Key Journalists

Elon Musk's Twitter has suspended accounts of several high-profile journalists including that of CNN, The New York Times, The Washington Post, as well as Mastodon, a Twitter rival. Musk, while replying to a Twitter user, said, "They posted my exact real-time location, basically assassination coordinates, in (obvious) direct violation of Twitter terms of service."
RTTNews | 769 gün önce