Tech Industry
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US plans online portal to bypass content bans in Europe and elsewhere
The U.S. State Department is developing an online portal that will enable people in Europe and elsewhere to see content banned by their governments including alleged hate speech and terrorist propaganda, a move Washington views as a way to counter censorship, three sources familiar with the plan said. The site will be
French offices of Elon Musk’s X platform raided by Paris cybercrime unit
French police raided the Paris offices of Elon Musk’s X Tuesday and summoned the tech billionaire for questioning as part of a widening probe into the social media company and its AI chatbot Grok.
Elon Musk’s SpaceX acquires xAI, merging his two most ambitious companies
SpaceX has acquired xAI, the company announced on Monday, merging two of Elon Musk’s most ambitious companies into the most valuable private company in the world. “This marks not just the next chapter, but the next book in SpaceX and xAI’s mission,” Musk said in a statement on SpaceX’s website.
Intel struggles to meet AI data center demand, shares drop 13%
Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market estimates, sending shares down 13% in after-hours trading. The forecast underscores the difficulties faced by Intel in predicting global chip mar
Meta names former Trump adviser Dina Powell McCormick as president and vice chairman
Meta has appointed Dina Powell McCormick, a former adviser to President Trump and a seasoned finance executive, as its new president and vice chairman. Powell McCormick, who previously served on Meta’s board, will guide the company's strategy and oversee large-scale investments, particularly in artificial intelligence. Meta's CEO Mark Zuckerberg praised her experience in global finance and her extensive international relationships as key assets for Meta’s growth.