Elon Musk’s xAI buys X

Welcome to the Week at Review! Elon Musk says Xi bought X in the All Stock Agreement. A16Z -backed 11X made some users fake. The Lemon Terminal Pro pops up on the Apple website. And much. Let’s dig!

Zi buys x: X owner Elon Musk announced on Friday on Friday that Zee had acquired X in the All Stock Transaction. This combination value Zee $ 80 billion and X to $ 33 billion. “Today, today, we formally step to combine data, models, computations, distributions and capabilities,” said Musk.

Fed to numbers: More than 20 sources- including investors and current and former employees- told Tech Crunch that the A16z-and benchmark-backed 11-X have experienced a financial struggle, which is largely formed by it. “When it came to development and Mandla, they completely massaged the numbers,” a former employee said.

Block roofs: A leak message from Jack Dorsie, CEO of the Block Reviewed by Tech Crunch, revealed that the company – which owns a cash app and square – is laying 931 people, or 8 % of the company as part of the “Org Organization”. Dorsi’s email denies whether the holidays are for financial reasons or to replace workers with AI.

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News

“What, do I cheat?” The White House confirmed to the Tech Crunch on Friday that President Trump pardoned the bankrupt hydrogen trucking startup Nicola founder Trevor Milton, who was convicted of fraud. Nicola has faced apology just weeks after filing for the bankruptcy of Chapter 11.

Lake talks: A leak database shown by the Tech Crunch shows that China has developed an AI system that extends far more than traditional prohibitions such as the Tianman Square massacre.

Skinworks rotate: Raven’s Secondary Works Project Company was developed by Aclaps Ventures with a new name and million with a financing of 105 million. Startup, also called, will be present as a Raven stand alone as a company.

Prepare your computer: Apple announced that the developers conference worldwide will begin on June 9, June 9. These reports have indicated that Apple has developed dramatic software for the iPhone, iPad and Mac. We also expect iOS 19, which, according to Bloomberg, “will be the biggest correction since the iOS7.”

DNA beat: DNA Testing Company 23 and Me this week filed for bankruptcy. The company’s co -founder and CEO, Ann Wojki, said separately that she was leaving for the company to become an independent bid. Your data may not be safe, so there are some ways to delete it.

An act of Congress: Elon Musk, 26 -year -old Kate Abu Gazala, who was relieved of media affairs after prosecuting the company, announced this week that she was contesting for the Congress. He told Tech Crunch, “I am trying to see how to run for the office, because I think it’s like a black hole that seems more difficult than it.”

A piece of “separation”: I didn’t see any “separation” season, and based on the seemingly every one of the world, I was absolutely losing. My colleague Sarah is one of these people, and she saw a Lamon Terminal Pro on the Apple website (the machine they use on the show).

China’s backdoor: The Pentagon’s defense contractor, Space X, allegedly allowed Chinese investors to buy shares, unless the funds were received through the island of Caymen or other foreign centers.

Switch 2 is coming! And in the Nintendo Direct, the company announced that it was working on virtual game cards that allow players to use the game that downloaded with them on other devices.

Analysis

The new Chattgat -based generator launched this week, and at the same time a flood of art -art photos through the Studio Unseen. Although the debate is terrifying whether it is terrible (Studio Unseen co -founder Hayau Miazaki once said that “AI itself is an insult to life”) or cool, it highlights one thing: Copyrights are still concerned when talking about anything. Although it is not necessary to copy an art style that is not illegal, Openi trains his models on the art of studio geabli, who works in a legal “gray area”.

“I think it raises the same question we have been asking for ourselves for a few years,” Avon Brown, a lawyer for intellectual property, told Tech Crunch. “What are the implications of copyright violations, what are the implications to go out, creep the web and copy these databases?”