Elon Musk teams with El Salvador to bring Grok chatbot to public schools

Elon Musk's social media platform, X, has been fined €120 million by the European Commission for breaching new digital laws, including deceptive practices related to verification badges. This fine has sparked a confrontation between Musk and European regulators, reflecting ongoing tensions in the tech industry regarding compliance with stringent regulations.

President Donald Trump signed an executive order aimed at preventing state-level regulations on artificial intelligence (AI) through legal actions and funding cuts, a move that has been welcomed by technology industry leaders advocating for a unified regulatory approach. David Sacks, the White House AI and Crypto Czar, discussed the implications of this order on Bloomberg Tech.

SpaceX is preparing to go public after years of resisting an initial public offering (IPO), potentially targeting 2026 for this significant move. The company is also planning to sell insider shares that could value it at up to $800 billion, reflecting a shift in strategy as it seeks to capitalize on strong investor interest and confidence in its future prospects.

Sales at Elon Musk's social media platform X increased during the third quarter, reflecting a positive trend amid ongoing restructuring efforts. Despite the rise in revenue, the company continues to face substantial costs associated with its turnaround strategy following Musk's acquisition for $44 billion.

The Trump administration is reportedly preparing to engage private firms to assist in conducting offensive cyberattacks against foreign adversaries, marking a potential shift in how electronic conflicts are managed, traditionally the domain of intelligence agencies.

South Africa's telecommunications minister has instructed the industry regulator to revise local ownership rules, potentially allowing Elon Musk's SpaceX and other satellite-internet providers to operate in the country without relinquishing ownership. This move is seen as a significant step towards enhancing internet access in South Africa.

El Salvador's President Nayib Bukele has announced a partnership with Elon Musk's AI company xAI to integrate artificial intelligence into over 5,000 public schools across the country. This initiative aims to enhance educational resources and improve learning outcomes for students in El Salvador.

Operation Bluebird has announced plans to revive the Twitter brand, which Elon Musk abandoned in 2023 when he rebranded the platform as X. This initiative aims to reclaim a well-known social media identity that has significant cultural and historical relevance.