Elon Musk’s new project xAI is launched and Sam Bankman-Fried was found guilty on seven charges of fraud and money laundering, among other stories. Here’s our rundown of the top stories this week.

Read more about each story on the links below:

Elon Musk to integrate xAI with X in preparation for ‘AI age’
https://btw.media/en/adobe-introduces-cr-logo-for-ai-content-recognition/

FTX co-founder Sam Bankman-Fried convicted on seven charges including fraud and money laundering
https://btw.media/en/billionaire-vinod-khosla-advices-college-students-broaden-education/

Can FTX be saved? Silicon Valley’s Proof Group thinks so
https://btw.media/linkedin-lays-off-668-employees-in-second-cut-this-year/

Kai-Fu Lee’s 01.AI hits $1 billion valuation, leads open-source AI models
https://btw.media/netflix-raises-prices-as-it-adds-9-million-subscribers-shares-soar-13-percent/

Disney to acquire Comcast’s 33% stake in Hulu for $8.61 billion
https://btw.media/uk-regulators-clear-microsofts-69b-activision-blizzard-takeover/