Elon Musk, the billionaire, believes that artificial general intelligence (AGI) will be the most significant event in human history and that it will occur after five years in the AI space.

Elon Musk has launched a new company called "xAI" with the aim of understanding the true nature of the universe. The company will work closely with Twitter, Tesla, and other Musk-owned companies to achieve its mission. xAI is actively recruiting experienced engineers and researchers in the San Francisco Bay Area to join its technical staff.

According toTucker Carlson Interview, Elon Musk said "AI can not crack bitcoin".

According to DEXTools, the new meme token Elon Musk (MUSK) has a blacklist function in its smart contracts, raising some concerns. Despite this, $MUSK has seen a massive increase of almost 30,000% in value, which is likely due to low liquidity rather than real demand. The token has a DEXTscore of 86/99, approximately $133k liquidity, and a 24-hour volume of $70k. While Elon Musk has not mentioned the $MUSK token, he has engaged with another meme coin called Wall Street Memes (WSM) on Twitter.

Elon Musk's legal team has responded to allegations made against them in the ongoing legal battle between Musk and Dogecoin investors. The investors have accused Musk of involvement in a cryptocurrency-related racketeering scheme, despite his past support for Dogecoin. Traders may find selling opportunities at resistance levels of $0.0705 and $0.0720, with potential profit targets set around $0.0670 or lower. Additionally, investors have raised over $13 million in the presale phase of $WSM, presenting a potential opportunity for guaranteed gains.

On July 8, the investor community "Elon Musk 2.0" will launch a lawsuit against Elon Musk, which believes Musk is involved in market manipulation and insider trading, and is currently collecting evidence and plans to sue Musk for manipulating assets such as DOGE, SHIB and Tesla stock.

Elon Musk and Tesla's legal team have asked a US district court judge to dismiss a motion to sanction them over alleged conflicts of interest in a $258bn lawsuit. The lawsuit alleges that Musk participated in an illegal racketeering scheme related to the Dogecoin cryptocurrency. The plaintiffs' lawyer, Evan Spencer, filed the motion on 25 June, claiming that the defendants' legal team was acting as "concurrent representatives" of both Musk and Tesla. Musk and Tesla's legal team responded by calling Spencer's motion "unsubstantiated" and "frivolous". They argued that there was no conflict of interest under New York law.

Elon Musk, Twitter's executive chairman, has called for greater regulatory oversight of artificial intelligence, warning that it could become "smarter than all humans at everything" in the future.

Twitter has obtained money transmitter licenses in Michigan, Missouri, and New Hampshire, a crucial step towards introducing payment tools onto the platform. The plan was initially presented by Elon Musk in a pitch deck to investors in May, with payments potentially generating $1.3 billion by 2028.

July 5 (Cointime) - OpenAI has temporarily disabled ChatGPT's Browse feature, which is based on Bing search engine, due to a loophole that allowed users to bypass paywalls. The issue was discovered after a Reddit user posted a screenshot of a Browse session where the chatbot provided a paywalled article in full without the paywall.