All posts tagged: invested

Musk admits xAI ‘not built right’ — weeks after Tesla invested billion

Musk admits xAI ‘not built right’ — weeks after Tesla invested $2 billion

Published by skeptic

Elon Musk admitted today that xAI, his artificial intelligence venture, “was not built right first time around” and “is being rebuilt from the foundations up.” The admission comes just six weeks after he had Tesla pour $2 billion of shareholder money into the company. The timing is remarkable. Tesla disclosed the $2 billion xAI investment in its Q4 2025 earnings report on January 28. Days later, SpaceX acquired xAI in a deal valuing the combined entity at $1.25 trillion. Now Musk is telling the world the thing he just sold to his own public and private investors was broken. 10 of 12 xAI co-founders are gone The “not built right” admission didn’t come out of nowhere. xAI has been hemorrhaging talent at an alarming rate. Of the 12 people who co-founded the company with Musk in 2023, only two — Manuel Kroiss and Ross Nordeen — remain. The departures accelerated dramatically in February 2026. Jimmy Ba, a University of Toronto professor whose research was critical to Grok’s development, resigned amid reported tensions over demands to …

How The Spectator invested £1m in building own subs platform

How The Spectator invested £1m in building own subs platform

Published by Sam Flores

The Spectator composite image. Picture: OQS Media The Spectator has invested £1m in a new technology platform which it says helped it to an all-time high subscribers total. In 2025, the publisher’s digital subscriptions grew by 4.3% to 47,576 and print sales rose 2.7% to 56,152 giving it a total weekly sale of 103,728 (excluding its Australia and American editions), according to latest ABC figures. It follows the title blaming an 8% drop in turnover to £19.2m largely on “difficulties with a subscription technology platform migration” in 2023. Now, the title has attributed its growth in both print and digital readers to Co-Editor, an in-house subscriptions platform that is now a core part of Spectator owner Old Queen Street Ventures Limited (OQS Media)’s technology stack. It has made the subscriber sign-up process more efficient with an aim to reduce churn. Since Co-Editor launched in June 2025, The Spectator has seen combined print and digital subscribers rise from 94,000 to 103,000. US subscriptions have risen from 14,000 to more than 16,000. The platform also frees up …

The eye-watering amount of money Alysa Liu’s father invested in his daughter’s skating career revealed

The eye-watering amount of money Alysa Liu’s father invested in his daughter’s skating career revealed

Published by Daniella Wilson

When Alysa Liu burst onto the international figure skating scene as a teenage prodigy, audiences were captivated by her fearless performances and seemingly effortless talent. But behind the Olympic spotlight lay years of sacrifice, relentless training and an extraordinary financial commitment from her father that has now come into sharp focus. In a candid interview with 60 Minutes ahead of the Games, Alysa’s father, Arthur Liu, revealed the staggering level of support he poured into helping his daughter reach the pinnacle of the sport, admitting he invested approximately $1 million into her skating career over the years which led to her winning two Olympic gold medals. © Getty ImagesAlysa at the medal ceremony for the Women’s Single Skating event at this years Winter Olympics “I spared no money, no time,” Arthur said plainly. “I just saw talent.” Figure skating is widely considered one of the most expensive Olympic disciplines, with elite athletes requiring private coaching teams, choreography, specialist conditioning, custom-designed costumes and constant international travel from an early age. For Alysa, that journey began when she …

Don’t panic and stay invested: top tips to protect your pension in turbulent times | Money

Don’t panic and stay invested: top tips to protect your pension in turbulent times | Money

Published by Sam Flores

Resist opting out early All employers must automatically enrol their employees in a workplace pension scheme if they meet the eligibility criteria: the employee must be a UK resident, aged between 22 and state pension age, and earning more than £10,000 a year, £192 a week or £822 a month, in the 2025/26 tax year. The total minimum contribution to a workplace scheme is 8%. This doesn’t all come out of your pay, as your employer will stump up a chunk of that and your contribution will be boosted by tax relief. While your employer must automatically put you into the scheme, you can opt out, and this may be tempting if you are on a low wage. However, that means turning down free money from your employer and through tax relief. It also means missing out on the growth of that money. “The earlier you start, the better,” says Mark Smith, a spokesperson for Pension Attention, an industry-led campaign. If you opt out, you’ll be automatically enrolled again three years later, but Smith says that …