Elon Musk: “We need to be careful with artificial intelligence” October 27, 2014 Elon Musk may have made millions from technology, but that doesn't mean he doesn't worry about it bringing about a Terminator-style end to humanity. During a talk to students at the Massachusetts Institute of Technology, the SpaceX-Tesla-PayPal tycoon warned that "we should be very careful" about how we use artificial intelligence, adding it could be humanity's [...]
Elon Musk’s SpaceX wins Nasa commercial flight contract September 17, 2014 It’s a good day for PayPal founder Elon Musk; his SpaceX corporation has been selected by Nasa as one of the two firms to design crew capsules for transporting astronauts to the International Space Station (ISS). The Commercial Crew Development programme has awarded SpaceX and Boeing a combined sum of $6.2bn to develop the capsules. [...]
Boeing and SpaceX will share a $6.8bn space taxi Nasa contract September 16, 2014 NASA yesterday revealed Boeing and SpaceX will share a $6.8bn (£4.2bn) contract to fly astronauts to the International Space Station (ISS). Massive aerospace and defence company Boeing will get $4.2bn from Nasa to use its CST-100 capsule to ferry astronauts to the ISS. Meanwhile SpaceX, founded in 2002 by former Paypal entrepreneur and Tesla Motors [...]
Space race take two? Putin speeds up building of Russian spaceport September 2, 2014 Russia has upped its game in the race to become a space superpower. Today, President Vladimir Putin announced that he was hastening Russia's efforts to build a multi-billion dollar spaceport in the East of the country. Since the collapse of the Soviet Union in 1991, Russia has relied on the Baikonur cosmodrome in [...]
Tesla lands $200m Panasonic investment in Gigafactory deal July 31, 2014 Japan's Panasonic is set to invest over $200m in American electric carmaker Tesla Motors' lithium-ion battery plant in the US, according to a person familiar with the matter. Panasonic had signed a preliminary agreement to be involved in the project back in May. In a joint statement the companies said Tesla would be responsible for [...]
Which books do the giants of business read over the summer? July 29, 2014 You might be surprised how many older volumes make the cut. Most of us look at our summer holiday as reading prime time. Indeed, research from TripAdvisor found that, for nearly one in four of us, it’s the only time we manage to read a book. And even if you read more regularly, a [...]
Tesla to share its car patents June 12, 2014 ELON Musk, the billionaire entrepreneur behind leading electric car company Tesla and private space travel firm SpaceX, has announced Tesla will allow others to use its intellectual property in hopes of boosting development of electric cars. Musk said on the company’s website that the industry would benefit from open-source sharing of technologies. “If we clear [...]
Elon Musk: “I didn’t think SpaceX or Tesla would work” June 9, 2014 Billionaire tech titan Elon Musk – the brain behind Tesla electric cars, a project to colonise Mars and Hyperloop – has more ideas in a year than most people in a lifetime. But speaking on Radio 4’s Today programme this morning, the serial entrepreneur admitted that he hasn’t always had faith that things will come [...]
3 electric car myths debunked February 20, 2014 If Tesla Motors' results are anything to go by, it looks like electric cars are taking off. Yesterday, the firm revealed a gross profit of $156.6m (£93.7m) – over six times higher than than a year earlier. The forward-thinking company, which is headed by PayPal and SpaceX founder Elon Musk, saw record transactions of its [...]
The market’s already come up with something that makes Nick Clegg’s electric car plan totally irrelevant January 30, 2014 Nick Clegg’s on a drive to make Britain the world leader in electric cars. Today, he announced that the government will invest more than £9m to up the number of charging points across the country. The government’s partnered up with major car manufacturers who are backing the suspectly-named Go Ultra Low campaign – which they [...]