Bernie Sanders Proposes $7 Trillion Public Takeover of AI Industry Through 50% Equity Tax
Sen. Bernie Sanders introduced legislation to seize 50% of major AI companies' stock for a public sovereign wealth fund paying Americans annual dividends.
Sen. Bernie Sanders introduced legislation to seize 50% of major AI companies' stock for a public sovereign wealth fund paying Americans annual dividends.
The Justice Department sided with xAI to dismiss an NAACP lawsuit over 46 unpermitted gas turbines, arguing the AI company's power supply supports.
Trump told reporters the US may take direct equity stakes in OpenAI, Anthropic, and xAI, calling government partnership in AI a beautiful thing.
Anthropic agreed to pay SpaceX $1.25 billion monthly through May 2029 for full access to the Colossus 1 data center, totaling nearly $45 billion.
SpaceX will spend $2.8 billion on natural gas turbines to power xAI data centers while facing a federal lawsuit over unpermitted emissions near Memphis.
A study by 22 public broadcasters found AI chatbots misrepresent news 45% of the time, prompting election officials worldwide to warn voters against.
SpaceX set aside over $500 million for litigation and warned investors that Grok's unfiltered AI modes pose regulatory and reputational risks ahead of its IPO.
Elon Musk's xAI expanded its gas turbine fleet to nearly 50 units at its Colossus 2 site, even as environmental groups sue over unpermitted emissions.
SpaceX formally proposes a $55B semiconductor fab in Grimes County, Texas, kicking off Elon Musk's Terafab megaproject that may ultimately exceed $119B.
Three leading AI labs will let federal evaluators stress-test new models before public release under a voluntary national-security review program.
Fresh courtroom bombshell: Musk admits under oath that his startup xAI has distilled OpenAI's models to train Grok, complicating his own breach-of-mission lawsuit.
French prosecutors raid X's Paris offices and summon Musk over Grok's sexual deepfakes, Holocaust denial, and alleged child abuse material after 15-month probe.
Elon Musk says any damages from his $134B OpenAI lawsuit should go to the AI firm's nonprofit foundation, not his pocket.
Intel partners with Musk's Terafab to co-build a $25B Austin fab that will churn out AI processors for Tesla robots, SpaceX satellites and xAI models.
Swiss Finance Minister Karin Keller-Sutter has filed a criminal complaint against X and xAI after Grok generated vulgar, sexist content.