Elon Musk’s xAI buys X

Welcome again a week in review! Elon Musk says that Xai bought X in the All-Stock deal; A16z supported 11x fake some customers; Lumon Terminal Pro appears on Apple on the web; And much more. Let’s dig!

Xai Buys X: The owner of X Elon Musk announced on Friday that Xai acquired X in the All-Stock deal. This mixture is estimated at $ 80 billion and X at $ 33 billion. “Today, we take the step officially to integrate data, models, account, distribution and talent,” said Musk.

Providing numbers: More than 20 sources- including investors and current and former- Techcrunch that A16Z- and 11x supported by standards have witnessed financial conflicts, to a large extent of their own making. One of the former employees said: “They mocked the numbers completely internally when it comes to growth and spread,” said one of the former employees.

Workers’ layoffs: A leakage message by Block Jack Dordy, which was reviewed by Techcrunch, revealed that the company – which owns the App Cash App and Square – was registering 931 people, or 8 % of the company, as part of “restructuring”. The Dorsi email denies that the demobilization of workers is for financial reasons or to replace the workers on behalf.

This is the techcrunch week in the review, where we summarize the largest news of the week. Do you want to deliver this newsletter to your inbox every Saturday? Subscribe here.

news

“What, I am doing fraud?” On Friday, the White House of Techcrunch confirmed that President Trump pardoned Trevor Milton, the founder of Nikola, who was bankrupt in truck transport. The amnesty comes a few weeks after Nicolas request for bankruptcy, Chapter 11.

Talking about leaks: The leaked database that Techcrunch shows that China has developed a system of artificial intelligence that is already a massive control machine, and extends beyond traditional taboos such as the Tiananmen Square massacre.

SkungWorks: The company Rivian’s Skungworks was removed from the company with a new name and $ 105 million in financing from Eclipse Ventures. It will provide startup, also called, as a self -standing company from Rivian.

Make your computers ready: Apple announced that the conference of developers all over the world 2025 will start on June 9. Reports indicated that Apple has prepared exciting software repairs for the iPhone, iPad and Mac. We also expect iOS 19, which, according to Bloomberg, will be “the largest renewal since iOS 7.”

DNA disaster: DNA test company was presented for bankruptcy this week. Anne Wogiki, co -founder of the company, Anne Wogiki, said she will leave for an independent bidder for the company. Your data may not be safe, so here are some ways to delete it.

congress verb: Cat Abu Ghazaleh, 26, who was among the people who were postponed from the media after a lawsuit against Elon Musk, announced this week that it was nominated for Congress. “I try to be really transparent about how to run for positions, because I feel it is a kind of this black hole that looks much more difficult than it is.”

Slide of “Chapter”: I haven’t seen any seasons of “Severance”, and it seems to everyone in the world, I am completely missing. My colleague Sarah is among these people, and I monitored the Lomon station (the device they use in the exhibition) on the Apple site on the web.

The back door to China: According to SPACEX, a defensive contractor in the Pentagon, for Chinese investors to buy stocks, as long as the money is directed through the Cayman Islands or other external centers.

The key 2 is coming! In Nintendo Direct, the company announced that it is working on virtual game cards that allow players to take their games that were downloaded with them for use on other devices.

analysis

The new photo generator was launched from Chatgpt this week, and with it a flood of photos came based on art by Studio Ghibli, which is being published online. While the debate about whether this is horrific (Hayo Miazaki, co -founder of the studio in the Gibli Studio, said that “artificial intelligence is an insult to life itself”) or cold, it highlights one thing: copyright is still a concern when it comes to anything that has been activated from artificial intelligence. Although copying the art style is not necessarily illegal, Openai trains its models on the art of Studio Ghibli working in a legal “gray region”.

“I think this raises the same question that we have asked ourselves for two years,” Ivan Brown, intellectual property lawyer, told Techcrunch. “What are the effects of violating the copyright of the exit, crawling on the web, and copying these databases?”