Defense Secretary Pete Hegseth just launched a 120-day study on the future of warfare, led by Elon Musk, Palmer Luckey, and Newt Gingrich, and while it makes sense given their ties to the administration, critics could point out that Musk’s and Luckey’s companies already sell the kinds of technology the study is likely to recommend.
Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials accused Moonshot of distilling Anthropic’s Fable model to develop Kimi K3.
Tesla’s 26% boost in revenue wasn’t enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.