Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion

Jonathan Raa | Nurphoto | Getty Images Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company at $9 billion. Neuralink is developing a brain-computer interface (BCI) system, with the initial aim of helping people…

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street

The newest hire at Goldman Sachs isn’t human. The bank is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s…

Musk’s xAI scores permit for gas-burning turbines to power Grok supercomputer in Memphis

The Grok logo is being displayed on a smartphone with Xai visible in the background in this photo illustration on April 1, 2024.  Jonathan Raa | Nurphoto | Getty Images Elon Musk’s xAI attained an official permit to power its supercomputer facility in Memphis, Tennessee, using natural gas-burning turbines, according to public records shared by the…

Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop

Tesla reported around 384,000 vehicle deliveries in the second quarter, a 14% decline from a year ago, and the second straight quarterly drop. The stock rose about 4% on Wednesday. The electric vehicle maker reported 443,956 deliveries and production of 410,831 vehicles during the same period last year. Here are the key numbers: Total deliveries Q2…

After Zuckerberg spent billions on an AI ‘dream team,’ he has to deliver for Meta shareholders

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images When Mark Zuckerberg feels the heat, he opens his wallet. The 41-year-old Facebook founder and Meta CEO is on a spending spree like never before in an effort to position…

Tesla faces protests in Austin over Musk’s robotaxi plans

Blythe Christopher attends a demonstration to protest Tesla robotaxis on June 12, 2025 in Austin, Texas. Todd Wiseman With Elon Musk looking to June 22 as his tentative start date for Tesla’s pilot robotaxi service in Austin, Texas, protesters are voicing their opposition. Public safety advocates and political protesters, upset with Musk’s work with the…