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Mo-BRUK SA is a Poland based company engaged in providing waste management services. It collects, recovers and disposes of hazardous and non-hazardous waste. It also engaged in the construction of roads and runways among others.

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xAI founder Elon Musk has projected that Grok will emerge as the world&#8217;s leading AI system, drawing on real-time data from X (formerly Twitter), Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) cars, and Optimus robots in the future.
What Happened: As per Musk, the key to AI supremacy lies in having the most potent training compute and improving it at a faster rate than competitors. He compared the training compute to a Formula 1 car engine, highlighting its crucial role in the race for AI dominance.
Musk also highlighted the significance of efficient use of training compute and inference, attributing this to human talent.
Apart from real-time access to posts on X, Musk says xAI will also be able to leverage videos captured by Tesla cars and Optimus humanoid robots. He envisions billions of these robots to give xAI an unprecedented amount of data to feed into xAI and train Grok.
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"I think with Tesla and the real-time video coming from several million cars, ultimately tens of millions of cars with Optimus, there might be hundreds of millions of Optimus robots, maybe billions, learning a tremendous amount from the real world,&#8221; Musk said on a recent episode of the Lex Fridman podcast.
He noted that while leading AI companies have already scraped all Twitter data, Grok has an immediacy advantage due to its real-time data scraping capabilities.
See Also: <a href="https://www.benzinga.com/news/24/07/40061358/satya-nadella-says-microsofts-copilot-drives-40-of-githubs-revenue-growth-we-are-also-enabling-anyon?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Satya Nadella Says Microsoft&#8217;s Copilot Drives 40% Of GitHub&#8217;s Revenue Growth</a>
Why It Matters: Musk&#8217;s AI startup, xAI, recently <a href="https://www.benzinga.com/news/24/05/39027735/elon-musks-xai-raises-6b-heres-where-it-stands-against-openai-anthropic-and-other-ai-rivals">raised a staggering $6 billion</a> in its Series B funding round, launching it into the company of older and bigger AI startups like Microsoft Corp.-backed OpenAI, and Anthropic, among others.
xAI has also <a href="https://www.benzinga.com/markets/equities/24/06/39397562/is-elon-musk-poaching-talent-from-his-own-companies-xai-reportedly-sees-influx-of-former-tesla-e">attracted several ex-Tesla employees</a>, particularly after a series of layoffs at the electric vehicle giant. This move has sparked controversy, with some accusing Musk of using Tesla as a talent pool for his other ventures.
Recently, xAI initiated the <a href="https://www.benzinga.com/news/24/07/39881748/elon-musks-xai-flips-the-switch-on-100k-nvidia-h100-gpus-worth-up-to-4b-in-memphis-supercluster-most">training of the Memphis Supercluster</a> with 100,000 Nvidia H100 GPUs, which Musk claimed to be the most powerful AI training cluster in the world.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Elon Musk: Neuralink and the Future of Humanity &#x7C; Lex Fridman Podcast #438" width="500" height="281" src="https://www.youtube.com/embed/Kbk9BiPhm7o?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/40009035/months-after-shelving-decade-long-apple-car-project-iphone-maker-patents-camera-system-to-project-li">Months After Shelving Decade-Long Apple Car Project, iPhone Maker Patents Camera System To Project Live Feeds To Windshield: What&#8217;s Brewing?</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

News

Tech

TSLA

Elon Musk Says Real-Time Data From X, Tesla Cars, And Optimus Robots In Future Will Make Grok 'Best AI System In The World'

Dearborn-based Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) said on Friday that it sold 31% more EVs in the U.S. last month than last year, thanks to the rising popularity of its <a href="https://www.benzinga.com/news/24/06/39450515/fords-electric-supertruck-wins-fastest-title-at-pikes-peak-international-hill-climb-rivian-and-hyund">EV pickup truck</a>. 
What Happened: Ford sold 8,242 electric vehicles in July, marking a 31% growth from the 6,280 units sold in July 2023. However, electric vehicles account for only about 5% of the company&#8217;s overall vehicle sales in the month. 
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Model</td>
<td>July 2024 Sales</td>
<td>July 2023 Sales</td>
</tr>
<tr>
<td>Mustang Mach-E</td>
<td>4,592</td>
<td>3,937</td>
</tr>
<tr>
<td>F-150 Lightning</td>
<td>2,822</td>
<td>1,552</td>
</tr>
<tr>
<td>E-transit</td>
<td>828</td>
<td>791</td>
</tr>
<tr>
<td>Total</td>
<td>8,242</td>
<td>6,280</td>
</tr>
</tbody>
</table>
</figure>
The drive in EV sales during the month was largely driven by an 82% jump in sales for the F-150 Lightning pickup truck, of which the company sold 2,822 units.
Ford&#8217;s other two EV offerings in the U.S.- the Mustang Mach-E SUV and the E-transit van- also saw sales grow from last year by 17% and 5%, respectively. 
Why It Matters: While the Mustang Mach-E SUV is directly up against EV giant Tesla Inc&#8216;s Model Y SUV in the mass market electric SUV segment, the F-150 Lightning is up against the company&#8217;s Cybertruck in the electric pickup segment. 
Rising Cybertruck sales appear to have no effect on F-150 Lightning sales, which continue to grow this year compared to the same quarters last year. Tesla began delivering its Cybertruck only in November of last year.
In the second quarter, Ford <a href="https://www.benzinga.com/news/24/07/39630731/mustang-mach-e-drives-fords-q2-ev-sales-ahead-of-gm-but-its-still-just-a-fraction-of-elon-musks-tesl">sold 7,902 Lightning trucks</a>, marking a 77% growth from last year despite Tesla delivering 8,755 Cybertrucks in the quarter, as per Kelley Blue Book estimates.
Ford CEO Jim Farley had <a href="https://www.benzinga.com/markets/equities/23/06/32959800/ford-ceo-brushes-off-cybertruck-but-tesla-fans-fire-back-with-steve-ballmers-infamous-iphone-mis">dismissed concerns about the Cybertruck</a> in June 2023, terming it a &#8220;cool high-end product parked in front of a hotel,&#8221; unlike Ford trucks &#8220;made for real people who do real work.&#8221;
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/08/40123403/warren-buffett-backed-byds-pure-ev-sales-drop-to-lowest-in-five-months-in-july-while-hybrid-vehicle" target="_blank" rel="noreferrer noopener">Warren Buffett-Backed BYD's Pure EV Sales Drop To Lowest In Five Months In July While Hybrid Vehicle Sales Surge 67%</a></li>
</ul>
Photo via Shutterstock

General

Ford Reports 31% Increase In EV Sales, Driven By Popularity Of Tesla Cybertruck Rival F-150 Lightning

Cryptocurrency industry executives are expected to meet White House officials and Representative Ro Khanna (D-Calif.) to voice their concerns and discuss potential policy changes around digital assets.
What Happened: After a roundtable in July, crypto executives are reportedly going to meet with Biden administration officials for the second time, <a href="https://www.bloomberg.com/news/articles/2024-08-02/crypto-executives-to-meet-with-white-house-advisers-next-week">reported</a> Bloomberg, citing a person familiar with the matter.
While the industry executives have not been identified, they are expected to meet outgoing senior White House advisor Anita Dunn, National Economic Advisor Lael Brainard, and Deputy Chief of Staff Bruce Reed.
This comes after a virtual meeting, hosted by former Obama administration official and executive director of nonprofit Blockchain Foundation, Cleve Mesidor.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40121838/michael-saylor-hails-trumps-never-sell-your-bitcoin-push-elevates-king-crypto-as-the-apex-">Michael Saylor Hails Trump&#8217;s &#8216;Never Sell Your Bitcoin&#8217; Push: &#8216;Elevates King Crypto As The Apex Property Of The Nation&#8217;</a>
The meeting, attended by a "few hundred" crypto industry participants, expressed optimism about a potential Kamala Harris presidency to adopt a friendly stance towards crypto and Web3.
Mesidor, however, sought patience from the crypto industry.
"With all of the priorities, with all of the various groups that in just a week-and-a-half have really coalesced around her, she's not going to say ‘my biggest priority is crypto' or ‘my biggest priority is climate,'" Mesidor said.
Why It Matters: This comes after cryptocurrency emerged as one of the campaign issues, with former President Donald Trump throwing his weight behind the digital asset class.
Last week, Trump said Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) would <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/40002734/trump-says-bitcoin-will-skyrocket-like-never-before-if-he-returns-to-the-white-house-promi">rally like "never before"</a> if he wins, and promised to fire the current Securities and Exchange Commission (SEC) chair, Gary Gensler.
Gensler has been seen as hostile towards cryptocurrencies. &nbsp;&#8220;I will appoint a new SEC chairman who believes America should build the future and not block the future," Trump said at the Bitcoin 2024 conference in Nashville.
The Official Monetary and Financial Institutions Forum (OMFIF,) an independent financial think tank, has <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40129171/kamala-harris-must-address-crypto-to-compete-with-trumps-pro-bitcoin-agenda-think-tank-war">recommended Harris</a> adopt a crypto-friendly agenda to take on Trump.
However, not everyone seems to support pro-crypto promises. Renowned economist Paul Krugman even <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/40060902/paul-krugman-slams-trumps-bitcoin-advocacy-nobel-laureate-calls-it-government-bailout-of-a">slammed Trump's pro-Bitcoin stance</a>, terming it as a "government bailout of a scandal-ridden industry."
Price Action: Late Friday, Bitcoin was trading 4.50% lower at $61,393, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) dropped 6.22% to $2,960, according to data from <a href="http://pro.benzinga.com">Benzinga Pro.</a>
Read Next:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40090066/bitcoin-a-cia-creation-tucker-carlson-believes-so-they-got-there-first-its-honey-trap">Bitcoin A CIA Creation? Tucker Carlson Believes So: &#8216;They Got There First. It&#8217;s Honey Trap&#8217;</a></li>
</ul>
Image generated using Midjourney

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Politics

Markets

$BTC

$ETH

Crypto Industry To Meet With White House Officials, Even As Trump Promises To Reverse Biden Administration's Crackdown On Bitcoin, Ethereum And Other Cryptocurrencies

In the latest development in the <a href="https://www.benzinga.com/general/entertainment/23/10/35135483/elon-musk-and-grimes-custody-battle-takes-a-wild-turn-kids-ordered-to-stay-in-california">ongoing custody dispute</a> between Tesla Inc. CEO Elon Musk and Grimes, the pair were seen in a Texas court on Friday. This follows allegations from Grimes&#8217; mother that Musk is "withholding" their children.
What Happened: Musk and Grimes attended a hearing in Austin, Texas, concerning their ongoing custody dispute over their three children, <a href="https://www.businessinsider.in/tech/news/elon-musk-and-grimes-appear-in-family-court-days-after-grimes-mother-accused-the-tesla-ceo-of-withholding-children/articleshow/112230852.cms">reported</a> Business Insider. The former couple has been in this battle since September.
Both parties have filed separate lawsuits in Texas and California. Friday&#8217;s hearing addressed several motions, including one to temporarily suspend the proceedings. Musk arrived at the courthouse with a substantial security detail, while Grimes, also known as Claire Elise Boucher, arrived shortly before the hearing commenced.
See Also: <a href="https://www.benzinga.com/24/07/39999535/trumps-niece-says-ex-president-scared-to-face-harris-he-is-now-running-against-a-vibrant-intelligent?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Niece Says Ex-President &#8216;Scared&#8217; To Face Harris</a>
The courtroom was closed to the press and public shortly after the hearing began due to &#8220;security concerns&#8221; related to the children.
Musk and Grimes have three children – 3-year-old X Æ A-12, also known as baby X, 2-year-old Exa, and 1-year-old Tau.
Why It Matters: This custody dispute has been escalating for some time. In October, <a href="https://www.benzinga.com/general/entertainment/23/10/35234753/grimes-accuses-elon-musk-of-keeping-son-x-against-her-wishes-court-documents-reveal-report">Grimes accused Musk of keeping their son X against her wishes</a>, as revealed in court documents.
Musk then sought to keep the dispute private, <a href="https://www.benzinga.com/news/23/12/36061770/elon-musk-seeks-privacy-in-custody-battle-with-grimes-legal-showdown-intensifies">filing for a protective order</a> in December to ensure the confidentiality of his deposition.
The situation intensified in July when <a href="https://www.benzinga.com/news/24/07/40001741/grimes-mother-accuses-musk-of-withholding-children-amid-custody-battle-please-elon-i-beg-you">Grimes&#8217; mother accused Musk of withholding the children</a> from their mother and great-grandmother.
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Legal

Elon Musk And Grimes Appear In Texas Court Over Custody Dispute, Days After Tesla CEO Accused Of 'Withholding' Children

U.S. Defense Secretary,&nbsp;Lloyd Austin, has revoked <a href="https://www.benzinga.com/news/24/08/40090667/911-mastermind-khalid-sheikh-mohammed-and-co-conspirators-reach-plea-deals-to-evade-death-penalty">plea agreements previously made</a> with three suspects involved in the Sept. 11, 2001, or 9/11 attacks, including the alleged mastermind,&nbsp;Khalid Sheikh Mohammed.
What Happened: On Friday, Austin withdrew the plea deals that were initially agreed upon earlier in the week. The suspects are currently held at the U.S. military prison at Guantanamo Bay, Cuba, according to a memorandum signed by Austin on Friday.
Austin has now stripped Susan Escallier, the overseer of&nbsp;the Pentagon&#8217;s Guantanamo war court,&nbsp;of her authority to enter into pre-trial agreements in this case. 
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/07/40057554/lindsey-graham-says-jd-vance-will-support-trump-unequivocally-they-will-work-together-to-right-the-s?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Lindsey Graham Says JD Vance Will Support Trump &#8216;Unequivocally&#8217; — They Will &#8216;Work Together To Right The Ship At Home And Abroad&#8217;</a>
The Pentagon chief has assumed this&nbsp;responsibility himself. &#8220;Effective immediately, in&nbsp;the exercise of my authority,&nbsp;I hereby withdraw from the&nbsp;three pre-trial agreements&#8230;,&#8221; he stated in a memo.
The 9/11 attacks, which resulted in nearly 3,000 deaths, led to a two-decade-long war in Afghanistan for the U.S.
Why It Matters: The Defense Department revealed the plea agreements on Wednesday. The agreements required the accused to plead guilty to all charges, including the murder of the 2,976 victims of the attacks, with their sentences to be decided by a panel of military officials.
A U.S. official suggested that the deals likely&nbsp;involved guilty pleas in exchange&nbsp;for removing the death penalty.
Alongside Mohammed, the plea&nbsp;deals had also been reached&nbsp;with&nbsp;two other detainees: Walid Muhammad&nbsp;Salih Mubarak Bin &#8216;Attash and&nbsp;Mustafa Ahmed Adam al Hawsawi.
The plea deals had faced strong criticism from several Republican lawmakers, including House of Representatives Speaker Mike Johnson (R-La.)and Senate Minority Leader Mitch McConnell (R-K.y.).
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/24/08/40131648/anthony-scaramucci-says-trump-could-drop-his-presidential-bid-against-kamala-harris-if-this-happens?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Anthony Scaramucci Says Trump Could Drop His Presidential Bid Against Kamala Harris If This Happens: &#8216;I Know How This Man Thinks&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Media

Lloyd Austin Withdraws Plea Deals For 9/11 Suspects, Including Alleged Mastermind Khalid Sheikh Mohammed

TCBP

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

XYLO

GNLN

Rosenblatt analyst Kevin Cassidy maintains Navitas Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) with a Buy and maintains $10 price target.

Price Target

Analyst Ratings

NVTS

Rosenblatt Maintains Buy on Navitas Semiconductor, Maintains $10 Price Target

Rosenblatt analyst Hans Mosesmann maintains Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) with a Sell and maintains $17 price target.

INTC

Rosenblatt Maintains Sell on Intel, Maintains $17 Price Target

Rosenblatt analyst Hans Mosesmann maintains Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) with a Buy and maintains $880 price target.

MPWR

Rosenblatt Maintains Buy on Monolithic Power Systems, Maintains $880 Price Target

Rosenblatt analyst Barton Crockett maintains Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) with a Neutral and lowers the price target from $89 to $61.

ROKU

Rosenblatt Maintains Neutral on Roku, Lowers Price Target to $61

Rosenblatt analyst Barton Crockett maintains Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Buy and raises the price target from $220 to $221.

AMZN

Rosenblatt Maintains Buy on Amazon.com, Raises Price Target to $221

DA Davidson analyst Tom White maintains Booking Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) with a Buy and lowers the price target from $4150 to $4100.

BKNG

DA Davidson Maintains Buy on Booking Holdings, Lowers Price Target to $4100

Jones Trading analyst Jason Weaver maintains Redwood Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RWT#NYSE">RWT</a>) with a Buy and raises the price target from $7.25 to $7.55.

Jones Trading Maintains Buy on Redwood Trust, Raises Price Target to $7.55

Macquarie analyst Chad Beynon maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Outperform and lowers the price target from $58 to $55.

Macquarie Maintains Outperform on MGM Resorts Intl, Lowers Price Target to $55

Macquarie analyst Chad Beynon maintains Marriott Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) with a Neutral and maintains $245 price target.

Macquarie Maintains Neutral on Marriott Intl, Maintains $245 Price Target

Macquarie analyst Robert Trout maintains Procore Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCOR#NYSE">PCOR</a>) with a Neutral and lowers the price target from $70 to $60.

PCOR

Macquarie Maintains Neutral on Procore Technologies, Lowers Price Target to $60

ZVRA

Trading Halt: Halt status updated at 6:15:00 PM ET: Quotation Resumption: News and Resumption Times

Barrington Research analyst Alexander Paris maintains Stack Cap Gr (TSX:<a class="ticker" href="https://www.benzinga.com/stock/STCK#TSX">STCK</a>) with a Outperform and maintains C$13 price target.

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