Elon Musk directs Tesla staff to adopt Grok AI system, caps spending on rival tools

The post OpenAI Back in Another Legal War Weeks After Beating Elon Musk appeared on BitcoinEthereumNews.com. Apple has sued OpenAI, accusing the ChatGPT maker of running a scheme to steal trade secrets tied to its unreleased hardware. The complaint also names two former Apple employees central to OpenAI’s device push. The filing marks OpenAI’s second major legal fight in a month. Just weeks earlier, the company shook off trade secrets claims from Elon Musk’s xAI, only to face a far larger accuser. Why Apple Sued OpenAI Apple filed the suit on July 10 in the U.S. District Court for the Northern District of California. It names OpenAI, its io Products hardware unit, and two former Apple staff as defendants. Apple was blunt about the scope. “At every level, from members of its Technical Staff to its Chief Hardware Officer, and in coordination with business partners, OpenAI has been stealing Apple’s trade secrets and confidential information,” Apple made the claim in its complaint. Follow

Tesla's shift to robot production at Fremont signals a strategic pivot towards automation, potentially reshaping manufacturing and labor dynamics. The post Tesla demolishes Fremont factory lines for Optimus robot production appeared first on Crypto Briefing.

The post Elon Musk Lauds Anthropic as Bernanke Joins AI Oversight Trust appeared on BitcoinEthereumNews.com. Key Insights: Elon Musk called Anthropic the current leader in AI. Ben Bernanke joined Anthropic’s Long-Term Benefit Trust. Trust members hold no equity and advise on AI risk. Elon Musk placed Anthropic at the center of the AI news cycle. He called the company the leader in artificial intelligence. His comments on X marked a sharp change in tone from earlier criticism of the startup. The remarks landed as Anthropic named former Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust. Elon Musk Shifts Tone as Anthropic Gains AI Spotlight Elon Musk said he was “clearly wrong” about Anthropic in a post on X. He added that the company is “obviously” the current leader in AI. Musk pointed to Anthropic’s Mythos and Fable models as examples of its technical lead. Source: Elon Musk (X) The comment followed a reply about whether SpaceXAI could use its compute position to hurt A

The judge's concerns highlight potential inconsistencies in SEC enforcement, raising questions about fairness and priorities in financial regulation. The post Judge raises concerns over Elon Musk SEC settlement approval appeared first on Crypto Briefing.

The post Tesla Stock Chart Pattern Points to $759 — a 92% Move From Here appeared on BitcoinEthereumNews.com. Tesla (TSLA) stock trades near $394 as two maturing chart patterns approach resolution. A weekly cup and handle and a daily symmetrical triangle both suggest a decisive move within days or weeks. Volume keeps contracting on both timeframes, while the Relative Strength Index (RSI) sits near 50 on each. That balance leaves Tesla stock pinned between $470 resistance and $350 support. Weekly Cup and Handle Pattern Points to $759 The weekly chart shows a cup that formed between the late 2024 top near $480 and the mid 2025 trough near $240. Price returned to the rim in December 2025 before pulling back, and the decline into the April 2026 low appears to form the handle. Volume has declined across the entire formation, a behavior often seen in valid cup and handle structures. Meanwhile, the weekly RSI reads just below 50, reflecting neutral momentum. TSLA weekly chart / Source: Tradin

The post A $1,000 investment in June’s top quantum computing IPO is now worth appeared on BitcoinEthereumNews.com. While Elon Musk’s other trillion-dollar company drew the bulk of attention, SpaceX (NASDAQ: SPCX) was not the only exciting technology stock to hit the public markets in June 2026. Specifically, the quantum computing company Quantinuum (NASDAQ: QNT) launched on June 4 with an initial public offering (IPO) price of $60 per share, which turned into $68 already at the morning bell but then dipped to $60.38 by the evening. At press time in the July 10 pre-market, however, QNT equity is worth substantially more: $74 following a 0.67% extended session rally from $73.51 at the latest close.  Under the circumstances, $1,000 invested at either the IPO price or close to the June 4 closing bell would have turned into $1,233.30 for $233.30 in profits, simultaneously making it a superior investment to SpaceX stock. QNT stock price chart. Source: Google Still, despite offering a strong

Investors may face increased volatility as they reassess their portfolios, balancing Tesla's speculative growth with SpaceX's tangible revenue. The post SpaceX IPO raises concerns over Tesla’s future as investors weigh their Musk bets appeared first on Crypto Briefing.

The post SPCXB Holds Near $150 as Musk Says SpaceX Will Outvalue Earth appeared on BitcoinEthereumNews.com. SPCXB News SpaceX chief Elon Musk reignited investor debate this week with a blunt forecast that SpaceX (SPCXB) will one day be worth more than the rest of Earth combined. Writing on X, Musk argued the rocket maker would eclipse global economic output if it delivers on orbital manufacturing, asteroid mining and Mars colonization. He traced the thesis to a January 2026 post claiming space industries will vastly exceed the value of all terrestrial assets, powered chiefly by solar energy. Humanity, he estimates, could eventually harness roughly 100,000 times more solar power than it consumes today, while tapping less than one-millionth of the Sun’s total output across the solar system. For all the cosmic ambition, SPCXB has cooled sharply from its peak. The underlying SpaceX equity trades near $153 with a market capitalization close to $2 trillion, yet it has retreated roughly 32% f