XAI of Elon Musk buys x

Welcome back to the week in review! Elon Musk says XAI has bought X in a deal for all deals; A16Z-Refined 11X falsifies some customers; Lumon Terminal Pro pops up on the Apple website; And much more. Let’s dig!

The topics buy X: X -Elon Musk owner announced on X on Friday that XAI acquired x in transaction with all stocksS This combination estimates XAI at $ 80 billion and x at $ 33 billion. “Today we are officially taking the step to combine data, models, calculation, distribution and talent,” Musk said.

Conservation of numbers: More than 20 sources- including investors and current and former employees- told TechCrunch that A16Z- and Benchmark-Backed 11x has experienced financial strugglesTo a large extent on its own creation. “They absolutely massaged the numbers internally when it came to growth and breaking,” a former employee said.

Block dismissals: A leaking message from the CEO of the block Jack Dorssy, reviewed by TechCrunch, revealed that the company – which owns the app for money and square – has dismissed 931 people, or 8% of the company as part of “restructuring the organs”. Dorsi’s email denies that cuts are for financial reasons or replace workers with AI.

This is the TechCrunch Week in a review where we summarize the biggest news of the week. Do you want this to be delivered as a newsletter in your input mail every Saturday? Sign up hereS

News

“What, I do fraud?” The White House confirmed to TechCrunch on Friday that President Trump has pardon Trevor MiltonThe founder of the launch of bankrupt hydrogen vehicles Nicolas, who was convicted of fraud. The pardon comes just a few weeks after Nicholas applied for bankruptcy of Chapter 11.

Speaking of leaks: Expired database observed by TechCrunch shows that China has developed AI system that super charges its already great censorship machineSpreading far beyond traditional taboos like the slaughter of Tiananmann Square.

Skunkworks rotates: The Rivian SkunkWorks project was Copy of the company with a new name and $ 105 million in funding from Eclipse Ventures. Starting, also called, will exist as a solo company from Rivian.

Prepare your computers: Apple announced that Conference on World Developers 2025 will start on June 9S The reports show that Apple has prepared a dramatic repair of the iPhone, iPad and Mac software. We also expect iOS 19, which according to Bloomberg will be “the biggest update from iOS 7.”

DNA debate: DNA testing of company 23andme filed a bankruptcy request This week. The co -founder and executive director of Anne Voichitski separately stated that he was leaving to become an independent participant in the company. Your data may not be safeso Here are some ways to delete itS

Act of Congress: Kat Abugazaleh, the 26-year-old who was among the people who were fired by media issues after Elon Musk filed a lawsuit against the company, announced this week that it was running for CongressS “I try to be truly transparent how to run for an office because I feel like it’s kind of like this black hole that looks much more difficult than it should be,” she told TechCrunch.

A slice of “compensation”: I have not watched any seasons on North and, based on seemingly all the world, I absolutely miss. My colleague Sarah is among these people and she noticed a Lumon Terminal Pro (the machine you use in the show) on the Apple websiteS

Rear profit to China: SPACEX, a Pentagon defense performer, is reported allowed Chinese investors to buy sharesAs long as the funds are diverted through the Kayman Islands or other offshore centers.

Switch 2 comes! And at Nintendo Direct, the company has announced that it works over Virtual games for games that allow players to take their downloaded games They use them on other devices.

Analysis

The new Chatgpt image generator launches this week and came with a flood of art -based images by Studio Ghibli, published online. While the debate about whether it is horrifying (the co -founder of Studio Ghibli Hayao Miyazaki once said that “AI is an insult to life itself”) or cool, he emphasizes one thing: Copyright are still a problem When it comes to AI generated. Although the copying of art style is not necessarily illegal, Openai trains its art models at Studio Ghibli, operates in a legitimate “gray area”.

“I think this has raised the same question we have been asking for several years,” Evan Brown, an intellectual property lawyer, told TechCrunch. “What are the consequences for copying rights from going out, networking and copying to these databases?”