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AI & Enterprise

Musk\'s xAI wins final approval for APR Energy acquisition to secure power for AI

Elon Musk has acquired mobile power equipment company APR Energy to secure electricity for xAI data centres needed to run the Grok AI service, the article said. The deal was cleared after the U.S. Federal Trade Commission ended its merger review early, allowing approval without additional antitrust scrutiny. The purchase has drawn attention as xAI relies on gas turbines at its Memphis supercomputer site and faces environmental lawsuits and regulatory scrutiny over emissions and permitting.

Crypto

Zuckerberg\'s Meta pursued Kalshi acquisition but talks fell through, shifts to building its own app

Mark Zuckerberg (마크 저커버그), Meta\'s CEO, pursued an acquisition of prediction market company Kalshi, but the effort fell through, NPR reported. Zuckerberg met Kalshi CEO Tarek Mansour (타렉 만수르) last year to discuss a deal, but talks did not advance. NPR reported Mansour refused to sell and Meta was uneasy about legal and ethical issues surrounding Kalshi. Zuckerberg later formed a team to build Meta’s own prediction market app, Arena.

Crypto

U.S. Supreme Court recognises Trump\'s power to fire SEC, CFTC commissioners, adding new variable to CLARITY Act talks

The U.S. Supreme Court ruled that a president has broad authority to dismiss commissioners of the Securities and Exchange Commission and the Commodity Futures Trading Commission. The decision is seen as applying to other independent regulators, though excluding Federal Reserve governors. Donald Trump called it a landmark expansion of presidential power. The ruling adds a new variable to U.S. Senate talks on the CLARITY Act, as Democrats have sought assurances on appointments and also push ethics provisions tied to Trump-linked crypto businesses.