Latest MGX News & Updates

Washington, Jan 23 (IANS) TikTok said it has created a new US-based joint venture to meet federal security requirements and allow Americans to keep using the popular video app.The new entity, called TikTok USDS Joint Venture LLC, was formed under an executive order signed by President Donald Trump on September 25, 2025. TikTok said the move will allow more than 200 million Americans and 7.5 million US businesses to continue using the platform.TikTok said the joint venture is majority American-ow…

New Delhi, Jan 11 (IANS) Tesla and SpaceX CEO Elon Musk has said that he will open the new X algorithm to the public in seven days. It will include all code for organic and advertising post recommendations.“We will publish the full algorithm in a week. Still much to improve. It’s just trying to show you what you are most likely to find interesting. The goal is to maximise unregretted user-seconds,” Musk said.”This will be repeated every 4 weeks, with comprehensive developer notes, to help …

New Delhi, Jan 7 (IANS) Tesla and SpaceX CEO Elon Musk’s artificial intelligence startup, xAI, has announced the completion of a $20 billion funding round from investors including Nvidia, Valor Equity Partners and the Qatar Investment Authority.The company did not disclose individual investment amounts or the split between debt and equity, and named Stepstone Group, Fidelity Management & Research, MGX, Baron Capital Group and Cisco Systems Inc.’s investment group among other investors wh…