Tag #Elon Musk

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kathimerini.gr

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May 6, 01:16

OpenAI Remains Non-Profit After Backlash

Facing a lawsuit from Elon Musk and intense pressure from regulators and investors, OpenAI reversed its decision to become a for-profit company, opting to remain under the control of its non-profit arm despite a $260 billion valuation.

OpenAI Remains Non-Profit After Backlash

Facing a lawsuit from Elon Musk and intense pressure from regulators and investors, OpenAI reversed its decision to become a for-profit company, opting to remain under the control of its non-profit arm despite a $260 billion valuation.

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What prompted OpenAI to reverse its decision to become a for-profit company?

OpenAI, recently valued at $260 billion, will remain under the control of its non-profit arm, abandoning plans to become a for-profit entity. This decision follows significant backlash, including a lawsuit from co-founder Elon Musk.

repubblica.it

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May 6, 16:15

Texas SpaceX Base Becomes Independent City: Starbase

On May 3, 2025, Boca Chica Village, Texas, overwhelmingly voted to become Starbase, an independent city primarily populated by SpaceX employees, raising concerns about environmental impact and potential conflicts of interest.

Texas SpaceX Base Becomes Independent City: Starbase

On May 3, 2025, Boca Chica Village, Texas, overwhelmingly voted to become Starbase, an independent city primarily populated by SpaceX employees, raising concerns about environmental impact and potential conflicts of interest.

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Sustainable Cities and Communities

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What are the immediate consequences of Boca Chica Village becoming the independent city of Starbase?

On May 3, 2025, Boca Chica Village, Texas, overwhelmingly voted to become Starbase, a city primarily composed of SpaceX employees. This grants SpaceX significant control over its operations, including infrastructure and environmental regulations. The vote saw 212 in favor and only 6 against, out of roughly 500 residents.

elpais.com

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May 6, 01:16

Trump's NASA Budget: \$8 Billion for Moon and Mars, Deep Cuts to Science

The Trump administration proposed a nearly 25% cut to NASA's 2026 budget, totaling \$18.8 billion, prioritizing human lunar and Mars missions (\$8 billion combined) while canceling the Mars sample return and significantly reducing funding for Earth science and other scientific research programs.

Trump's NASA Budget: \$8 Billion for Moon and Mars, Deep Cuts to Science

The Trump administration proposed a nearly 25% cut to NASA's 2026 budget, totaling \$18.8 billion, prioritizing human lunar and Mars missions (\$8 billion combined) while canceling the Mars sample return and significantly reducing funding for Earth science and other scientific research programs.

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Industry, Innovation, and Infrastructure

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What are the key changes proposed in the Trump administration's 2026 NASA budget, and what are their immediate implications?

The Trump administration's proposed 2026 NASA budget includes a nearly 25% decrease to \$18.8 billion, prioritizing human space exploration with \$1 billion for Mars and \$7 billion for lunar missions. This significant budget cut, the largest in NASA history, has alarmed experts and sparked concerns about reduced scientific research.

nbcnews.com

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May 5, 22:11

OpenAI Remains Nonprofit-Controlled Despite Restructuring

OpenAI, a $300 billion AI company, will remain under nonprofit control after deciding against a full conversion to for-profit status following pressure from former employees, civic leaders, and legal discussions with California and Delaware attorneys general, despite a rejected $97.4 billion acquisi...

OpenAI Remains Nonprofit-Controlled Despite Restructuring

OpenAI, a $300 billion AI company, will remain under nonprofit control after deciding against a full conversion to for-profit status following pressure from former employees, civic leaders, and legal discussions with California and Delaware attorneys general, despite a rejected $97.4 billion acquisi...

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Responsible Consumption and Production

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How did the concerns of ex-employees, civic leaders, and Elon Musk influence OpenAI's decision regarding its restructuring?

The shift to a PBC structure was prompted by concerns about OpenAI's transition to a for-profit model, particularly from former employees and civic groups who feared the loss of nonprofit oversight and safety safeguards. Elon Musk, a co-founder, also opposed the for-profit conversion, leading to a rejected $97.4 billion acquisition bid. The current structure maintains the nonprofit's controlling interest, ensuring alignment with its original mission.

foxnews.com

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May 4, 07:15

Musk Ends Controversial DOGE Tenure Amidst Backlash

Elon Musk's tenure as a special government employee at the Department of Government Efficiency (DOGE) concluded, marked by $160 billion in claimed waste reduction, significant public opposition, and violence against Tesla, yet he expresses no regrets, citing his belief in the importance of a Trump v...

Musk Ends Controversial DOGE Tenure Amidst Backlash

Elon Musk's tenure as a special government employee at the Department of Government Efficiency (DOGE) concluded, marked by $160 billion in claimed waste reduction, significant public opposition, and violence against Tesla, yet he expresses no regrets, citing his belief in the importance of a Trump v...

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Reduced Inequality

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What were the most significant impacts of Elon Musk's actions at DOGE during the first 100 days of the Trump administration?

Elon Musk's tenure as a special government employee at the Department of Government Efficiency (DOGE) ended, marked by significant budget cuts and widespread criticism. DOGE claims to have eliminated at least $160 billion in waste under the Trump administration. Musk expressed no regrets, asserting his actions were necessary to ensure a Trump victory and prevent a "one-party state.

nbcnews.com

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May 4, 16:11

Starbase, Texas: SpaceX's New City Approved

Texas residents voted overwhelmingly to establish Starbase, a new city centered around SpaceX, on Saturday, with the aim of streamlining rocket launch procedures and easing regulatory hurdles, despite concerns from local officials and residents.

Starbase, Texas: SpaceX's New City Approved

Texas residents voted overwhelmingly to establish Starbase, a new city centered around SpaceX, on Saturday, with the aim of streamlining rocket launch procedures and easing regulatory hurdles, despite concerns from local officials and residents.

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Sustainable Cities and Communities

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What immediate impact will Starbase's incorporation have on SpaceX's operations and relationship with local authorities?

On Saturday, Texas residents voted overwhelmingly (212 to 6) to incorporate Starbase, a new city primarily encompassing SpaceX facilities. This decision allows SpaceX greater local control over operations, potentially streamlining launch procedures and reducing regulatory hurdles. The newly elected officials are all SpaceX employees.

smh.com.au

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May 6, 01:16

SpaceX Wins Vote to Create Starbase, Texas

SpaceX's Starbase, Texas, a 1.5-square-mile city in Boca Chica, was officially incorporated on Saturday after a vote of 212 to 6, with SpaceX employees elected as mayor and commissioners, facilitating rocket launches and expansion plans.

SpaceX Wins Vote to Create Starbase, Texas

SpaceX's Starbase, Texas, a 1.5-square-mile city in Boca Chica, was officially incorporated on Saturday after a vote of 212 to 6, with SpaceX employees elected as mayor and commissioners, facilitating rocket launches and expansion plans.

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What immediate impact does Starbase's incorporation have on SpaceX's operations and Mars colonization plans?

On Saturday, SpaceX secured the incorporation of Starbase, Texas, with 212 votes in favor and 6 against. This new city, encompassing 1.5 square miles, will facilitate SpaceX's Starship rocket development and launches, furthering Musk's Mars colonization ambitions. The election also saw the selection of a new mayor and two commissioners, all with SpaceX ties.

repubblica.it

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May 6, 22:10

OpenAI Remains Non-Profit, Restructures for-Profit Arm as PBC

OpenAI announced it will remain a non-profit, restructuring its for-profit division into a Public Benefit Corporation (PBC) to balance profit with social impact, following legal pressure and internal conflicts, securing a recent $40 billion investment.

OpenAI Remains Non-Profit, Restructures for-Profit Arm as PBC

OpenAI announced it will remain a non-profit, restructuring its for-profit division into a Public Benefit Corporation (PBC) to balance profit with social impact, following legal pressure and internal conflicts, securing a recent $40 billion investment.

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What are the long-term implications of OpenAI's decision for the development and governance of Artificial General Intelligence (AGI)?

The PBC structure offers OpenAI protection against hostile takeovers and activist investors, crucial in the competitive AI market. The non-profit will retain significant ownership in the PBC, becoming one of the world's best-funded non-profits, using profits to support social initiatives.

cnn.com

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May 6, 01:16

OpenAI Remains Under Nonprofit Control Amidst Restructuring for Increased Funding

OpenAI announced on Monday that it will remain under the control of its nonprofit parent while revamping its for-profit structure to raise more capital for AI development, following criticism and a lawsuit from Elon Musk; the nonprofit will control the public benefit corporation and be a major share...

OpenAI Remains Under Nonprofit Control Amidst Restructuring for Increased Funding

OpenAI announced on Monday that it will remain under the control of its nonprofit parent while revamping its for-profit structure to raise more capital for AI development, following criticism and a lawsuit from Elon Musk; the nonprofit will control the public benefit corporation and be a major share...

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How does OpenAI's revised structure attempt to balance profit generation with its stated commitment to public benefit?

The restructuring aims to balance profit-making with social good, addressing concerns about asset allocation and mission alignment. OpenAI will work with Microsoft and regulators to finalize the plan, which keeps its structure largely unchanged, according to Chairman Bret Taylor and CEO Sam Altman. This compromise was necessary to secure further funding.

forbes.com

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May 4, 16:11

Bitcoin Nears \$100,000 Amidst Policy Shifts and US Dollar Concerns

Bitcoin's price is nearing \$100,000 after a 30% surge since April lows, fueled by reduced US regulatory barriers, concerns about the US dollar, and predictions of a "Trump boom" in crypto due to policy shifts under the Trump administration.

Bitcoin Nears \$100,000 Amidst Policy Shifts and US Dollar Concerns

Bitcoin's price is nearing \$100,000 after a 30% surge since April lows, fueled by reduced US regulatory barriers, concerns about the US dollar, and predictions of a "Trump boom" in crypto due to policy shifts under the Trump administration.

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How do recent policy changes in the US, specifically concerning crypto regulation, contribute to the current Bitcoin price rally?

The recent Bitcoin price increase is linked to the Federal Reserve's rollback of Biden-era crypto regulations and the Trump administration's push for stablecoin legislation. This aligns with growing anxieties surrounding the US dollar's future, positioning Bitcoin as a potential hedge against economic uncertainty and fueling speculation of further price increases. Analysts cite investor risk appetite and reflation trades as contributing factors.

repubblica.it

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May 4, 07:15

SpaceX Boca Chica Facility Becomes Independent City of Starbase

SpaceX's Boca Chica, Texas facility will become the independent city of "Starbase" after a 173 to 4 resident vote, transforming the company's launch site into a municipality managed by Elon Musk, impacting local governance and potentially setting a precedent for private sector influence.

SpaceX Boca Chica Facility Becomes Independent City of Starbase

SpaceX's Boca Chica, Texas facility will become the independent city of "Starbase" after a 173 to 4 resident vote, transforming the company's launch site into a municipality managed by Elon Musk, impacting local governance and potentially setting a precedent for private sector influence.

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How does this event reflect the broader relationship between private companies and local governance in the US?

The overwhelming approval of Starbase's incorporation reflects Elon Musk's rising popularity and SpaceX's growing influence in the region. This success follows Musk's controversial involvement with the Trump administration and subsequent workforce reductions. Starbase, operating since 2019, is a key site for SpaceX's missile program and future space tourism initiatives.

cbsnews.com

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May 4, 04:10

SpaceX's Starbase Officially Becomes a City

SpaceX's South Texas rocket facility, Starbase, overwhelmingly voted to incorporate as a city, granting it more control over local operations, including potential beach closures, despite community concerns and protests.

SpaceX's Starbase Officially Becomes a City

SpaceX's South Texas rocket facility, Starbase, overwhelmingly voted to incorporate as a city, granting it more control over local operations, including potential beach closures, despite community concerns and protests.

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What are the immediate consequences of Starbase's incorporation as a city?

SpaceX's Starbase, located in South Texas, has officially become a city after a landslide victory in a local election. The new city, primarily comprised of SpaceX employees, will allow for streamlined launch operations and community growth. This decision comes as SpaceX seeks to significantly increase its annual launches from five to twenty-five.

Showing 253 to 264 of 1,981 results