Elon's Biggest Secret Could Save Your Retirement

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

Elon Musk's Legal Battle, China's Ambitions, Amazon's 'Once-In-A-Lifetime' Investments, And More: This Week In AI

Rounak Jain
April 13, 2025

This past weekend saw a flurry of activity in the tech world, with major developments in AI and legal battles making headlines. From Elon Musk’s ongoing legal tussle with OpenAI to China’s ambitious AI funding, the tech landscape continues to evolve at a rapid pace. Here’s a quick recap of the weekend’s top stories.

Ex-OpenAI Staffers Rally Behind Musk

A group of 12 former OpenAI employees has come forward to support Musk in his legal fight against the AI startup’s shift to a for-profit model. The ex-staffers, who were part of OpenAI from 2018 to 2024, have asked a California district court to allow them to voice their concerns about the company’s transformation.

Read the full article here.

China’s $8.2 Billion Bet on AI

China has unveiled a 60 billion yuan (US$8.2 billion) government-backed fund aimed at kick-starting early-stage AI projects. The move is seen as a part of China’s strategy to lead the global AI race and comes amidst escalating trade tensions with the U.S. and a nationwide push for tech self-sufficiency.

Read the full article here.

See Also: Elon Musk’s Tesla Starts Selling In Saudi Arabia Amid Declining Sales In Europe: Charging Network, Low Demand Could Be A Concern

Record-Breaking Seed Round for New AI Startup

Mira Murati, the former CTO of ChatGPT-parent OpenAI, is reportedly seeking a whopping $2 billion seed round for her new AI venture, Thinking Machines Lab. The amount is double what Murati was targeting just under two months ago.

Read the full article here.

Amazon’s AI Investments: A ‘Once-In-A-Lifetime Reinvention’

Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy has shed light on the company’s AI strategy in his annual letter to shareholders. Jassy highlighted the company’s focus on generative AI as a transformative force, with the potential to “reinvent virtually every customer experience.”

Read the full article here.

Amazon’s AI Milestone

Amazon has announced the release of a new speech-based AI model called Amazon Nova Sonic. The system integrates both speech comprehension and voice generation within one unified architecture, removing the need for multiple standalone models to manage each task separately.

Read the full article here.

Read Next:

  • Trump Tariff Wars: China’s New Rule To Exempt Nvidia, Qualcomm And Others From Levies, But These Chip Companies Will Be Hit With 125% Tariffs

Photo courtesy: Shutterstock

This story was generated using Benzinga Neuro and edited by Rounak Jain

Continue Reading...

Popular

IRS whistleblower on Hunter Biden is out as acting commissioner just days after getting the job

WASHINGTON (AP) — Just days after to acting IRS commissioner, the whistleblower who testified publicly about investigations into Hunter Biden’s taxes is out of the job, according to three people familiar with the decision.

Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown

NEW YORK (AP) — Give Marjorie Taylor Greene credit where it’s due: As stocks tanked on tariff fears, she showed her faith in the president not just with words but dollar bills.

Electric Aviation Stock With Tremendous Potential - Ad

The electric aviation market is just taking off, and this company is at the forefront. With significant revenue and strategic partnerships, this stock is poised to make a big impact.

Prince Harry appeals the loss of his UK security detail

LONDON (AP) — wants his British security detail restored and is taking his case to an appeals court.

Trump meets with the House GOP as his 'big' bill of tax breaks and spending cuts teeters

WASHINGTON (AP) — found himself in a familiar jam on Tuesday: Conservative Republican holdouts are stalling action on "big” bill of tax breaks and spending reductions, refusing to accept approved over the weekend because it doesn't cut enough.

The Best Electric Aviation Stock to Keep an Eye On - Ad

Looking for the next big EV opportunity? The market is expanding rapidly, and one stock is standing out with its innovative approach and strong industry partnerships. Find out more about this potential game-changer.

DOGE trumpets unemployment fraud that government already found

NEW YORK (AP) — The latest government waste touted by billionaire Elon Musk's cost-cutting Department of Government Efficiency is hundreds of millions of dollars in fraudulent unemployment claims it purportedly uncovered.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Scholarships for child care are drying up. Now families are paying the price

PHOENIX (AP) — For parents who need to work but can't afford the steep , federally funded scholarships can be a lifeline. Delivered through state child care assistance programs, the scholarships can mean the difference between a parent working full time — or not at all.

African nations that faced steep Trump tariffs get some relief but mostly more uncertainty

CAPE TOWN, South Africa (AP) — African nations that faced from the Trump administration were given a moment of relief Thursday by , only for new uncertainties to hang over key businesses sending clothing and textiles, vanilla and fruit to the United States.

An Electric Aircraft Company With Potential - Ad

If you're watching the electric aviation sector, this is a stock to keep an eye on with a strong market position and cutting-edge technology.

FDA Approves Dexcom's 15-Day Wearable Glucose Management System. Company Plans US Launch

Dexcom G7 15-Day CGM approved by FDA for adults with diabetes; U.S. launch set for late 2025 with extended wear and advanced tracking features.

XRP, Solana, Cardano Plunge Over 15% In 7 Days: Is A Rebound Coming?

Major altcoins like XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA) are down more than 15% in the past seven days, tracking

Out of 23,281 Stocks... This Is the Only One - Ad

Out of 23,281 stocks, one stands out - wildly profitable, deeply undervalued. It generates $1B+ more cash than AMD, yet trades 20x cheaper. Backed by Trump and partnered with a top AI firm, this could be the stock to own now.

Palantir Goes Bullish After NATO's AI Buy: Is This The Future Of War, Wall Street?

Palantir's stock jumps 9% after NATO acquires its AI-enabled system, showing its dominance in data and potential for growth.

Mark Cuban Gets Real About What It Takes To Get Rich: 'Even When I Was Dead Broke Sleeping on the Floor, I Was Having Fun'

Billionaire and Dallas Mavericks owner Mark Cuban once shed light on the common misconceptions about super-rich individuals and the impact of wealth on personal relationships.

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

$74 Billion Wiped Out Since Tariff Declaration - See How Much The Billionaires Lost

In a significant market downturn since President Trump announced new tariffs worldwide, the world's wealthiest individuals have seen their fortunes shrink by $74 billion.

Trump's attacks on Powell threaten the Fed's independence. Here's why it matters

WASHINGTON (AP) — Donald Trump has stepped up on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him.

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

Informal ties with US philanthropists like Howard Buffett firm despite shaky US–Ukraine relations

BOBRYK, Ukraine (AP) — As uncertainty in U.S.–Ukraine relations grows, informal ties with some U.S. philanthropists built over three years of war with Russia are holding firm.

What to know about the tensions between Iran and the US before their second round of talks

DUBAI, United Arab Emirates (AP) — and the United States will hold talks Saturday in Rome, their second round of negotiations over Tehran’s rapidly advancing nuclear program.

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

Will the tariffs lead to a recession? Here's how to know if we're in one

WASHINGTON (AP) — President Donald Trump's last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the U.S. could tip into recession.

Recession? Not So Fast, Says IMF — Even After Trump Tariff Chaos

The IMF has expressed concern over escalating trade tensions sparked by new U.S. tariffs but emphasized that a global recession is not on the horizon.

The Billionaire Bet That Could Reshape Uranium - Ad

Peter Thiel joins the nuclear race, backing a $50M uranium enrichment startup. One tiny uranium explorer could ride the wave.

Trump considers pausing his auto tariffs as the world economy endures whiplash

WASHINGTON (AP) — President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from on the sector, to give carmakers time to adjust their supply chains.

Big Bank CEOs Weigh In On Trump's Turbulent Economy

Several CEOs of the largest U.S. banks have recently expressed concerns about the economic fallout, market volatility and broader uncertainty resulting from President Donald Trump's new trade policies. 

Elon's Biggest Secret Could Save Your Retirement - Ad

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

Japan reports a $63 billion trade surplus with the US as it talks with Trump on tariffs

TOKYO (AP) — Japan recorded a trade deficit in its March-April fiscal year but racked up a surplus with the U.S., the Finance Ministry reported Thursday.

Nvidia Is About to Shock the World: April 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: April 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Ripple's Crypto Warning, Circle's IPO Ambitions, And Bitcoin's Anticipated Surge: This Week In Crypto

The weekend saw major developments in the cryptocurrency world, including Ripple's concerns over the UK's crypto regulations, Circle's plans for a $5 billion IPO, Anthony Pompliano's praise for Trump's tariffs as a catalyst for crypto, and expectations of a Bitcoin price surge following potential monetary easing by the Fed.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Bitcoin 11% Away From Falling Below Strategy's Average Buying Price, But Michael Saylor's Confidence In Apex Crypto Remains Intact

Strategy Inc. (NASDAQ:MSTR) risked incurring unrealized losses on its Bitcoin (CRYPTO: BTC) purchases, yet co-founder Michael Saylor remains bullish on the apex cryptocurrency.

What's Going On Mullen Automotive Stock On Monday?

Mullen Automotive discloses sale of electric cargo van to Global Expert Shipping, fulfilling order through partner Pritchard Automotive.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

US regulators finish review of Hyundai plant's Georgia water permit, finding no changes needed

SAVANNAH, Ga. (AP) — U.S. regulators have concluded a monthslong review of their environmental permit for Hyundai’s $7.6 billion in Georgia, finding that no changes are needed.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service