The price of bitcoin plunged about 10% hours after it was revealed that Elon Musk’s SpaceX sold the cryptocurrency.
The Wall Street Journal reported on Thursday that SpaceX, which first purchased bitcoin in 2021, wrote down the value of its bitcoin holdings by a total of $373 million in 2021 and 2022 and has sold the crypto.
The write-down coincides with a steep drop in bitcoin’s price, which crashed in late 2021, setting off a “crypto winter” that extended through most of 2022.
Elon Musk, the richest man in the world, revealed that one of the toughest choices he’s had to make in his life was when he had “$30 million dollars left.”
Musk, CEO of Tesla Inc. and SpaceX, revealed that choosing which company to invest his last $30 million in was tough.
In a conversation with screenwriter, producer and director Jonathan Nolan during a SXSW interview titled “Elon Musk Answers Your Questions!”, Musk shared his insights on topics ranging from artificial intelligence (AI) to Mars and business. He delved into his early entrepreneurial years, which ultimately led to the creation of his groundbreaking companies, including how he made $180 million from the sale of PayPal.
Elon Musk’s biography writer Walter Isaacson says that the billionaire has been motivated by French emperor Napoleon Bonaparte.
Elon Musk delves into the groundbreaking potential of Neuralink, a revolutionary venture aimed at interfacing with the human brain to tackle an array of brain-related disorders. Musk envisions a future where Neuralink’s advancements lead to the resolution of conditions like autism, schizophrenia, memory loss, and even spinal cord injuries.
Elon Musk discusses the transformative power of Neuralink, highlighting its role in restoring motor control after spinal cord injuries, revitalizing brain function post-stroke, and combating genetically or trauma-induced brain diseases. Musk’s compelling insights reveal how interfacing with neurons at an intricate level can pave the way for repairing and enhancing brain circuits using cutting-edge technology.
Discover the three-layer framework Musk envisions: the primary layer akin to the limbic system, the more intelligent cortex as the secondary layer, and the potential tertiary layer where digital superintelligence might exist. Musk’s thought-provoking perspective raises optimism about the coexistence of a digital superintelligence with the human brain, fostering a harmonious relationship between these layers of consciousness.
Elon Musk emphasises the urgency of Neuralink’s mission, stressing the importance of developing a human brain interface before the advent of digital superintelligence and the elusive singularity. By doing so, he believes we can mitigate existential risks and ensure a stable future for humanity and consciousness as we navigate the uncharted territories of technological evolution.
In the latest controversial change at Elon Musk’s social network, the service formerly named Twitter reportedly added a five-second delay when users load links to certain news sites and rival social networks. The New York Times and Reuters were affected by the delay with the t.co link-shortening service used by X, according to several news reports published yesterday.
X eliminated the delay in links to news sites yesterday afternoon, according to Reuters and The Washington Post. “When contacted for comment, X confirmed the delay was removed but did not elaborate,” Reuters wrote.
Links from X to the NYT and Reuters loaded almost instantly for us today. But we still found delays of three to five seconds in links to Substack, Bluesky, Facebook, Instagram, and Threads today in our tests.
Nvidia (NVDA) will report its second quarter earnings after the closing bell next Wednesday, setting up what will be the AI hype cycle’s biggest test yet. During this AI gold rush, companies around the world looking to profit have turned to Nvidia’s graphics processors to power new AI software and platforms.
Currently, tech firms of all sizes are doing everything they can to get their hands on Nvidia chips. During Tesla’s (TSLA) Q2 earnings call, CEO Elon Musk told analysts that the automaker will take as many Nvidia graphics processors as the company can produce.
Nvidia is widely expected to have a blowout earnings report. A miss could derail the AI hype train.
Elon Musk donated $10 million to a project whose research includes a projection that declining fertility rates could mean “humanity is four-fifths over.”
Elon Musk has loaded up on Nvidia GPUs for X, xAI, and Tesla. Meanwhile, Chinese tech titans are reportedly scrambling to buy $5 billion worth of the chips.
It seems like everyone and anyone wants to snap up Nvidia.
Sales of the company’s graphic processing units (GPUs) have surged since ChatGPT ignited an AI frenzy, propelling it to a stellar first-quarter earnings performance and boosting its total valuation to over $1 trillion back in May.
Elon Musk claims that Tesla may have “figured out some aspects of AGI” as he believes that Tesla vehicles now have “a mind.”
The CEO has said several times that he believes most of Tesla’s value is attached to self-driving, ad he says Tesla could achieve it by the end of the year.
The Tesla community is divided between believers who think the automaker is indeed about to deliver on its long-stated promise, and people who have been burned too many times by missed timelines and think a robotaxi service from Tesla is still years away.
Just throwing this out there…
Earlier this month, Meta showed staff plans for a text-based social network designed to compete with Twitter.
