Democratic lawmakers seized on Elon Musk’s new status as the world’s first trillionaire to renew calls for a wealth tax on the richest Americans as affordability concerns dominate national politics.

A top Senate committee is seeking to enforce President Donald Trump’s clampdown on US defense contractors’ shareholder distributions as the US military races to innovate and build cheaper weapons faster.

Meta plans to clamp down on AI costs in the company by setting limits on employees’ token usage, The Information reports, citing a staff memo.

SpaceX decided to rent out the full capacity of its Colossus 1 data center in Memphis to Anthropic PBC after encountering technical challenges using the facility to develop and run its Grok artificial intelligence models, according to people familiar with the matter.

The Federal Communications Commission grants Miri Technologies’ router conditional approval, according to a public notice.

As recently as the summer of 2024, Elon Musk, Jeff Bezos and Bernard Arnault were swapping the title of world’s richest person on a near-daily basis, with net worths hovering around $200 billion.