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Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit list
Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.
SpaceX stock today: SPCX rebounds 4.89% after 9% crash; can Adam Spatacco's prediction about Musk's Baron conference spark a rally?
Adam Spatacco's SpaceX stock prediction: SpaceX stock is trying to recover after Thursday’s 9.05% crash, with SPCX rising 4.89% to $129.66 in Friday premarket trading. Investors are now watching Elon Musk’s appearance at Baron Capital’s annual conference. Investor Adam Spatacco sees a potential rally catalyst, but the question is whether Musk can offer updates that support Starlink and the company’s AI growth story. Musk's appearance at the 2022 conference did not produce a positive reaction in Tesla shares.
'Vote red today!' Elon Musk deletes pro-Republican posts after spending $458 mn
Elon Musk has deleted his posts urging voters to back Republican candidates in the US midterm elections after Democrats made significant gains and secured control of both chambers of Congress. The deleted posts included an October 29 appeal to elect Republican senators and an Election Day message saying “Vote red today!”.
Musk's $445 million midterm bet goes awry. Is his political influence at risk?
Elon Musk's $445 million spending spree on Republican candidates yielded limited results in the US midterms, with most of those he backed losing. As Democrats gain control, Musk faces potential congressional investigations, calls for campaign finance reforms and greater scrutiny of his companies, government contracts and political influence.
Here's how two major AI companies are limiting usage of their AI models
OpenAI has enacted new rules that disallow the stacking of paid ChatGPT subscriptions on a single device or payment card. Users hitting subscription caps will encounter an error message, preventing them from activating more subscriptions. Many users have complained about GrokBot's rapidly declining usage allocations. Elon Musk admitted the rising costs are contributing to Grok user dissatisfaction.
Decoded: Will AI agents outlast the hype?
Krish Ramineni, founder of AI note-taking company Fireflies.ai, said consumers were experimenting with applications ranging from shopping and price comparisons to booking flights and hotels, making restaurant reservations, managing bills and subscriptions, and seeking refunds.
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Grok bot users hit limits faster as Elon Musk warns of ‘unsustainably high’ AI agent costs: What happens next?
Grok Bot usage limits: Elon Musk says the cost of running Grok Bot has become unsustainable relative to its revenue as users report hitting weekly usage limits faster. Despite 800,000 paid weekly users, questions remain about the service's costs, pricing and future limits.
Pixxel cofounder Awais Ahmed rejects claims of US control, defends Indian credentials
Ahmed's post follows last week’s announcement of Pixxel Federal, a US subsidiary set up to serve American civilian, defence, and intelligence agencies. Ahmed said much of the recent criticism was in relation to that.
Accountability tames AI autonomy as DSCI outlines its liability framework
In the framework titled AI Liability: Industry Guidance for Agentic AI, DSCI said assigning liability solely to the organisation deploying an AI system or to an upstream technology provider would be legally flawed. Agentic AI systems involve multiple layers of models, instructions, integrations, tool calls and human decisions, making it difficult to isolate where responsibility lies when something goes wrong.
Does White House ask AI to decide policy? Democrats want the receipts
In a letter dated Wednesday and first obtained by Politico, congressmen Jamie Raskin and Robert Garcia said questions submitted by Trump and White House aides -- and the chatbots' answers -- constituted presidential records that must be preserved under federal law.
AI-powered cyberattacks siphon ₹300 crore from small NBFCs in two months
Recent cyberattacks have inflicted an estimated loss of ₹300 crore on Indian NBFC, with around 150 fraud cases reported. Focus has shifted towards identifying Chinese hacking platforms and AI toolkit involvement in these incidents. Exploiting operational weaknesses, these cybercriminals persistently launch their attacks, leading to urgent calls for NBFCs to bolster their cybersecurity frameworks to fend off further threats and safeguard their operations.
Snowflake and Databricks CEOs debate growth and AI; reactions follow
Sridhar Ramaswamy of Snowflake voiced concerns on social media questioning Databricks’ impressive 80% growth rate. He sought clarity on crucial aspects like free cash flow, obligations, and adjusted margins. In response, Databricks CEO Ali Ghodsi acknowledged their competitive dynamics while suggesting a collaborative potential. This dialogue sparked varied reactions, underscoring the complexities of financial disclosures. Ramaswamy also advocated for unified regulations on artificial intelligence across various models and entities.
Tyler Perry viral pictures real or fake? Here's the truth
Tyler Perry has sparked online buzz after viral pictures allegedly showing him kissing another man circulated on social media. Grok AI suggested the images may be manipulated or AI-generated, though independent verification is needed. Meanwhile, the filmmaker has reportedly listed his sprawling Beverly Hills mansion for $57 million as he prepares to relocate to Puerto Rico.
IndiaMART bets on AI to sharpen its edge, but warns of uncertain returns
IndiaMART InterMESH Ltd reported a 9.8% increase in net profit for the second quarter of 2026. The company has integrated artificial intelligence into over 20 operational functions, enhancing various processes. AI models such as ChatGPT and Claude are utilized to optimize operations and improve efficiency. Revenue for the quarter increased by 9.7%, reaching ₹429 crore, reflecting growth in the standalone business.
Tech Mahindra, SpaceXSI partner to accelerate AI-powered software engineering
The company said it will combine its global engineering, enterprise transformation and AI consulting capabilities with SpaceXSI's AI-powered development platform to help enterprises expand application modernisation, streamline software development and improve code quality.
Elon Musk wants to merge SpaceX and Tesla: Here's what to know
Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies. Musk cautioned that a merger is not certain.
Cybercriminals used AI agents to target over 400 Latin American banks: Report
The system, called CARLIY0S, was allegedly developed by a cybercrime group known as CyberCartel to achieve scale by automating different stages of attacks, including analysing targets, identifying vulnerabilities and developing ways to break into systems.
Meta’s AI app Muse crosses 10 million US downloads within 40 days
Meanwhile, Zuckerberg highlighted in his post that the most common use case for Muse is shopping, with more than a quarter of people using the platform engaging in this activity with an average purchase size over $200.
SpaceX Q3 revenue soars 161% YoY on AI business growth, beating estimates
Elon Musk's SpaceX on Tuesday reported a 161% rise in revenue for the third quarter, beating estimates, buoyed by a surge in its AI business and steady growth at its Starlink
AI agents are only as good as the personal information you share, and that raises privacy concerns
Many have welcomed AI agents into their online lives, and raved about how personalized assistants like Muse can handle everyday tasks with ease - from snagging a dinner reservation or planning a trip, to organizing email inboxes. But like other AI bots, the agents are only as good as the information they have access to. They perform better the more they know about a user - and perhaps also that person's friends, family and even colleagues. That raises privacy concerns.
Elon Musk now wants an Amazon rival to challenge Jeff Bezos' empire
In a recent post on X, Elon Musk proposed the intriguing notion of launching an Amazon rival, sparked by frustrations over Amazon's obstruction of Grok bots from placing orders. This latest comment underscores Musk's continuing rivalry with Jeff Bezos in both tech and space industries, while users on X share their excitement about the potential new service, reflecting the competitive and innovative landscape of e-commerce.
UK media regulator says concerns persist over X's handling of illegal content
X's first quarterly report to Ofcom showed it had met commitments to review suspected illegal hate and terror content within agreed timeframes, with response times improving compared with evidence examined earlier this year.
Tesla expands NCR footprint with new Noida experience centre after Delhi and Gurugram
Tesla has launched its third Experience Center in the National Capital Region, located in Noida's Sector 98. This facility allows local residents to view Tesla models, test drive vehicles, and place orders. The center will showcase the Model Y Premium Rear-Wheel Drive and the Model Y L with significant storage capacity. Financing options for both models include down payments and monthly EMIs based on a seven-year tenor.
Be agent provocateur: India's internet needs an AI makeover
As India's digital ecosystem experiences rapid transformation, it is imperative to enhance support for the growing presence of AI agents in business and services. By tackling the obstacles within the navigational framework, costs for these agents can be significantly lowered. Revamping e-commerce catalogs and improving data availability will optimize purchase processes.
Dots At Stake: Is Elon Musk taking a dig at OpenAI with his new domain?
Thedot.comdomain now redirects visitors to SpaceXAI’s Grok Bot page. The move has attracted attention because Dots sounds similar todot.com.
Elon Musk says SpaceXAI will be renamed SpaceXSI after Trump's 'super intelligence' push
The plan comes days after Trump signed an executive order directing federal agencies to use the term. The order, signed on September 29, 2026, replaces "artificial intelligence" with "Super Intelligence," or "SI," on official websites, policy documents and government press releases.
DigiLocker seeks private partners, Slurrp Farm's fundraise plans
DigiLocker is set to bring more institutions onto its platform with the help of private AI integrators. This and more in today’s ETtech Top 5.
Donald Trump reportedly used Elon Musk’s Grok AI before Maduro capture
In a surprising twist, Donald Trump reportedly turned to Elon Musk's Grok AI chatbot in late 2025 to assess Venezuelans' feelings towards a future mission targeting their then-president Nicolás Maduro.
AI’s newest models compete on price, not just power
Over the past few months, Anthropic, Google, OpenAI, and Grok have rolled out a fresh wave of models, and nearly all of them come with the same pitch — that they are cost-effective. Where earlier launches were sold almost entirely on raw capability, this round puts cost in the centre, with companies promising lower prices per query and more efficient systems that do more for less.
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