The FinTech Hub
Source: The Verge Elon Musk’s xAI unveiled Grok-3 on Tuesday, announcing that the new artificial intelligence model has “more than 10 times” the compute power of its predecessor. xAI said its latest flagship outperforms OpenAI’s GPT-4o, Google’s Gemini, and DeepSeek’s V3 models in early testing, and now features “advanced reasoning” capabilities. So-called reasoning models are…
Source: Live Mint Grok 3 launch LIVE Updates: Elon Musk’s xAI is all set to release Grok 3 chatbot today. Elon Musk has described Grok 3 as the “smartest AI on Earth.” The live demo of Grok 3 is expected to be held at 10.00 am IST on Tuesday, February 18. The Grok AI chatbot…
Source: The Verge Today marked a second weekend of scattered protests at Tesla showrooms, following a “TeslaTakeover” hashtag that has been trending on Twitter alternative Bluesky this week. Protestors’ messages largely focused on the divisive efforts of Tesla CEO Elon Musk as the head of the Department of Government Efficiency since the start of Donald…
Source: The Verge Nearly 400 videos that were posted on the Consumer Financial Protection Bureau’s YouTube page have been removed, as the Trump administration continues to pare back the agency, including its team of skilled technologists. The CFPB YouTube page, which has 15,000 subscribers and was created in 2011, has had every one of its…
Source: The Verge OpenAI’s board of directors has responded to Elon Musk’s bid to buy the company. In a statement on X, OpenAI chair Bret Taylor said, “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition.” Taylor suggested that concession was off the board. “Any…
Source: The Verge Two government watchdogs will investigate the Department of Government Efficiency’s access to sensitive Treasury payments systems, they confirmed in letters to Congress. In a letter to Senate Democrats, Treasury Deputy Inspector General Loren Sciurba said that the office opened an audit into the Bureau of Fiscal Service’s payments systems on February 6th….
Source: The Verge Protestors are planning more demonstrations outside Tesla showrooms nationwide this weekend, as Elon Musk’s polarizing behavior and political activities within the Trump administration continue to have negative side effects on his electric car business. It’s unclear how many people will join the demonstrations, and whether there is even a clear leader behind…
Source: The Verge It’s hard to think of a time when a single figure has been so central to seemingly everything in the way that Elon Musk is right now. Musk is overseeing and overhauling the federal government, while bending it toward his own financial gain. He’s also ubiquitous in the artificial intelligence world, where…
Source: The Verge The DOGE website created to document how Elon Musk’s team is eviscerating the US federal government is wide open for anyone to edit. This is the same DOGE organization that has gained unprecedented access to sensitive US financial systems with data on millions of Americans. While doge.gov displays a banner describing itself…
Source: The Verge Elon Musk’s X has agreed to pay President Donald Trump “about $10 million” to settle his lawsuit against Twitter, reports The Wall Street Journal. The settlement would come on top of an estimated $250 million that Musk, who now seemingly has broad authority over government agencies as the head of DOGE, put…
