Month: June 2026

xAI fired an engineer who raised alarms about Grok safety, new lawsuit claims

xAI fired an engineer who raised alarms about Grok safety, new lawsuit claims A former xAI engineer is suing the company and SpaceX, alleging he was fired for raising AI safety concerns about Grok days before SpaceX’s historic IPO. Powered by WPeMatico https://techcrunch.com/2026/06/10/xai-fired-an-engineer-who-raised-alarms-about-grok-safety-new-lawsuit-claims/

Why Andrew Yang is building instead of waiting for Washington

Why Andrew Yang is building instead of waiting for Washington Andrew Yang’s 2020 presidential campaign was based on a warning that automation and AI would hollow out the labor market and concentrate wealth in the hands of a few. At the time, ideas like Universal Basic Income felt fringe. Now Dario Amodei,

Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations

Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations The ShinyHunters hacking gang claims to have compromised the Oracle PeopleSoft servers of more than 100 organizations, including many universities. Powered by WPeMatico https://techcrunch.com/2026/06/10/cybercriminals-claim-breach-of-oracle-peoplesoft-servers-at-100-plus-organizations/

Everyone wants a piece of Tesla’s battery business

Everyone wants a piece of Tesla’s battery business Electricity demand from AI data centers is pushing everyone — including automakers like GM and Ford — into the energy storage business. Powered by WPeMatico https://techcrunch.com/2026/06/10/everyone-wants-a-piece-of-teslas-battery-business/

Fresh off bond sale, Amazon borrows $17.5B from banks as AI spending continues

Fresh off bond sale, Amazon borrows $17.5B from banks as AI spending continues Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing. Powered by WPeMatico https://techcrunch.com/2026/06/10/fresh-off-bond-sale-amazon-borrows-17-5-billion-from-banks-as-ai-spending-continues/