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Elon Musk testifies that xAI trained Grok on OpenAI models - TechCrunch
business 2026/04/30 18:03:57

Elon Musk testifies that xAI trained Grok on OpenAI models - TechCrunch

“Distillation” is a hot topic as frontier labs try to prevent smaller competitors from copying their models.

TechCrunch
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More popular restaurants close as situation worsens for Birmingham’s Pihakis Group - AL.com
business 2026/04/30 18:02:00

More popular restaurants close as situation worsens for Birmingham’s Pihakis Group - AL.com

The closures began April 12.

AL.com
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How Trump’s crusade against Jerome Powell backfired - CNN
business 2026/04/30 17:35:44

How Trump’s crusade against Jerome Powell backfired - CNN

One of the biggest questions about President Donald Trump’s retribution crusade is how much of it is driven by strategy — i.e. making cautionary tales out of his foes — and how much if it is driven by personal grievance and pique.

CNN
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Pricey NFL, NBA ownership stakes are pushing investors to smaller leagues and driving valuations higher - CNBC
business 2026/04/30 17:00:14

Pricey NFL, NBA ownership stakes are pushing investors to smaller leagues and driving valuations higher - CNBC

Priced out of the NBA and NFL, investors are asking bankers about opportunities to buy minority stakes in teams with lower valuations.

CNBC
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Kevin Warsh's challenges become clear after Fed chair Powell's last hurrah - Axios
business 2026/04/30 16:26:45

Kevin Warsh's challenges become clear after Fed chair Powell's last hurrah - Axios

The incoming chair will have to achieve his goals of rewiring how the Fed operates and potentially cutting rates through persuasion, not a writ from the chair’s office.

Axios
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Meta Stock Loses $175 Billion After AI Expense Estimate Shakes Shareholders - Yahoo Finance
business 2026/04/30 16:11:07

Meta Stock Loses $175 Billion After AI Expense Estimate Shakes Shareholders - Yahoo Finance

Meta stock fell 10% after a $145B AI capex outlook erased $175 billion in market value, prompting a JPMorgan downgrade.

BeInCrypto
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