The ordeal isn’t over yet for Tesla or its investors, according to CEO Elon Musk, as it misses heaps of Wall Street targets in its latest earnings report. “We probably could have a few rough quarters,” Musk said in a conference call on Wednesday, as quoted by the Financial Times. If past is prelude, he could… Continue reading Elon Admits That Tesla Is in for a World of Hurt
Author: Futurism_Magazine Online News
Trump Says He Didn’t Even Know What Nvidia Was
While announcing his new so-called “AI Action Plan,” which is primarily designed to eliminate regulatory hurdles for the industry, president Donald Trump made some baffling remarks. While standing next to Nvidia CEO Jensen Huang, whose chipmaker leads the S&P 500 Top 10 Index with a multi-trillion-dollar market cap, Trump admitted he had no idea what… Continue reading Trump Says He Didn’t Even Know What Nvidia Was
Elon Musk Warns That Tesla Board Could Fire Him “If I Go Crazy”
As widely expected, Tesla’s latest business fundamentals are not looking good. During the company’s second-quarter earnings call on Wednesday, Tesla reported a whopping 16 percent decline in automotive revenue, its biggest drop in over a decade. There are no two ways about it: Tesla is in a full-blown crisis under Musk’s leadership. The mercurial CEO has… Continue reading Elon Musk Warns That Tesla Board Could Fire Him “If I Go Crazy”
Support Group Launches for People Suffering “AI Psychosis”
An unknown number of people, in the US and around the world, are being severely impacted by what experts are now calling “AI psychosis”: life-altering mental health spirals coinciding with obsessive use of anthropomorphic AI chatbots, primarily OpenAI’s ChatGPT. As we’ve reported, the consequences of these mental health breakdowns — which have impacted both people with… Continue reading Support Group Launches for People Suffering “AI Psychosis”
OpenAI Is Quietly Trying to Get More Money as It Burns Through Resources at a Staggering Pace
Despite raising over $60 billion in venture capital, OpenAI seems to be burning through cash faster than it can raise it. Mere months after wrapping up a $40 billion funding round, the AI company is now said to be reopening the books in search of more money, according to Wired. Investors both new and old are now… Continue reading OpenAI Is Quietly Trying to Get More Money as It Burns Through Resources at a Staggering Pace
Your Eyeballs Will Bug Out Like a Retro Cartoon Character When You Hear the Prices at Tesla’s New Burger Joint
What do you do when your electric vehicle company is flailing, your shareholders are ready to mutiny, and your self-driving car venture is the laughingstock of Austin? If you’re Elon Musk, apparently, you open a burger restaurant. Called Tesla Eats, the fast food joint made its debut this week next to a Supercharger lot in… Continue reading Your Eyeballs Will Bug Out Like a Retro Cartoon Character When You Hear the Prices at Tesla’s New Burger Joint
Elon Musk’s Tesla Is Now the Most Hated Electric Vehicle Maker
To absolutely no one’s surprise, a new study on electric vehicles has found that people really hate automaker Tesla — more than any other major EV brand, underscoring a tumultuous year with CEO Elon Musk’s deeply unpopular forays into politics leading to people protesting or even vandalizing Teslas. A market research initiative called the Electric Vehicle Intelligence… Continue reading Elon Musk’s Tesla Is Now the Most Hated Electric Vehicle Maker
Someone Just Sold Their 2011 Bitcoin for a 17 Million Percent Profit
A mysterious Bitcoin account has cashed out a cache of cryptocurrency they originally bought for $54,000 — but which, after HODLing for 14 long years, is now worth an astronomical $9.5 billion, for a staggering profit of over 17 million percent. Bitcoin whales, meaning accounts that hold on to substantial sums of crypto for long… Continue reading Someone Just Sold Their 2011 Bitcoin for a 17 Million Percent Profit
Fusion Startup Says It’s Figured Out How to Turn Mercury Into Gold
A fusion energy startup claims to have found a way to turn mercury into gold. As the Financial Times reports, San Francisco-based Marathon Fusion says that the same process that could one day represent a limitless source of clean energy could also be used for literal alchemy. As detailed in a yet-to-be-peer-reviewed paper, nuclear transmutation… Continue reading Fusion Startup Says It’s Figured Out How to Turn Mercury Into Gold
Tech Billionaires Accused of Quietly Working to Implement “Corporate Dictatorship”
In a world increasingly ruled by tech companies, some of the industry’s most powerful figures appear to be quietly drafting blueprints for the near future. There’s just one catch: it may or may not be a democratic one. In an interview on “Decoder,” a podcast by The Verge, tech journalist Gil Duran outlines a disturbing… Continue reading Tech Billionaires Accused of Quietly Working to Implement “Corporate Dictatorship”