Oracle’s shares rose on Thursday as the company inches closer to the trillion-dollar club on soaring gains from its AI cloud business.
Read More Oracle nears $1 trillion valuation, Ellison edges toward richest-person titleTag: Tesla
How Tesla and Waymo’s radically different robotaxi approaches will shape the industry
Musk’s pronouncements about expanding Tesla’s robotaxis at a “hyper-exponential rate” stand in contrast to Waymo’s deliberate approach ahead of entering new markets.
Read More How Tesla and Waymo’s radically different robotaxi approaches will shape the industryElon Musk’s xAI sues Apple and OpenAI over AI competition, App Store rankings
Apple and OpenAI have “locked up markets to maintain their monopolies and prevent innovators like X and xAI from competing,” the lawsuit said.
Read More Elon Musk’s xAI sues Apple and OpenAI over AI competition, App Store rankingsAutopilot verdict deals Tesla a ‘black eye’, threatens Musk’s robotaxi ambitions
A court verdict against Tesla, stemming from a fatal 2019 crash of an Autopilot-equipped Model S, could hurt its plans to expand its nascent robotaxi network.
Read More Autopilot verdict deals Tesla a ‘black eye’, threatens Musk’s robotaxi ambitionsS&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week
The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings.
Read More S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal weekMusk’s Tesla signs $16.5 billion chip supply deal with Samsung
Musk said the automaker had signed a deal to source chips from Samsung, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business.
Read More Musk’s Tesla signs $16.5 billion chip supply deal with Samsung