Markets

Elon Musk loses trillionaire status as tech rout hammers Tesla, SpaceX

Elon Musk is no longer worth more than $1 trillion, less than two weeks after becoming the first person to reach the milestone. Musk’s net worth was valued at $946 billion as of Wednesday, according to the Bloomberg Billionaires Index. That is down from about $1.11 trillion less than 14…

A New York primary winner has a defiant message for OpenAI and Anthropic

The new Democratic nominee for a congressional seat in Manhattan had a strong message for the AI industry on Tuesday night.After defeating a crowded field of eight candidates in New York’s 12th congressional district, Micah Lasher, who won by 39.1%, took aim at the tech giants and their allies who spent…

Zoox to ramp up production of up to 100 newly upgraded robotaxis a week

Amazon’s Zoox is getting ready to ramp up vehicle production with a newly refreshed robotaxi design as the company seeks to expand its service areas in the US.Zoox unveiled several tweaks to its purpose-built robotaxi on Wednesday, including changes to the interior color, more ergonomic seats, larger cupholders, a more…