In this photo illustration, Elon Musk’s photo is displayed on a phone screen in front of a computer screen displaying the new logo of ‘Twitter’.
Harun Ozalp | Anadolu Agency | Getty Images
X Corp., formerly known as Twitter, filed a lawsuit on Monday in federal court, accusing British researchers of unlawfully accessing data and selectively picking posts to show a rise in hate speech on the platform after Elon Musk acquired the company last year.
The suit, against the nonprofit Center for Countering Digital Hate, focused on research the organization published in June. In one report, the CCDH looked at 100 different accounts subscribed to Twitter Blue and found that Twitter failed to act on 99% of hate posted by users. The group also questioned whether Twitter’s algorithm boosts “toxic tweets.”
Other CCDH research indicated that Twitter failed to act on 89% of anti-Jewish hate speech and 97% of anti-Muslim hate speech on the platform.
X is accusing the CCDH of using data that it didn’t legally possess to “falsely claim it had statistical support showing the platform is overwhelmed with harmful content.” The company is seeking a jury trial, unspecified monetary damages, and wants to block CCDH and any of its collaborators or employees from accessing data provided by X to social media listening platform Brandwatch.
The lawsuit follows a July 20 letter sent from X to the CCDH alleging that the organization made “inflammatory, outrageous, and false or misleading assertions about Twitter” and suggested it conspired “to drive advertisers off Twitter by smearing the company and its owner.”
Musk has long presented himself as a free speech advocate, saying in April that “free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.” However, as CEO of Tesla and SpaceX and principal owner of Twitter, Musk’s declarations have been at odds with some of his actions, such as compelling Tesla customers to sign non-disclosure agreements, and suing one of his most vocal critics and suspending his Twitter accounts.
“Elon Musk’s latest legal threat is straight out of the authoritarian playbook,” Imran Ahmed, founder and CEO of the CCDH, said in a statement. “He is now showing he will stop at nothing to silence anyone who criticizes him for his own decisions and actions.”
Ahmed said his organization’s research “shows that hate and disinformation is spreading like wildfire on the platform under Musk’s ownership and this lawsuit is a direct attempt to silence those efforts.”
X has also come under fire recently for decisions regarding controversial accounts. For example, the company recently reinstated a right-wing account that had posted child sex abuse materials. It also reinstated the account of Ye, formerly known as Kanye West, who had been suspended from the platform after sharing antisemitic comments and Nazi symbols.
The lawsuit on Monday in Northern California joins a flurry of litigious actions and threats from Twitter and Musk in recent months.
In May, the company sent a letter to Microsoft CEO Satya Nadella alleging that the software company abused its access to Twitter data and used it “for unauthorized uses and purposes.” In July, Twitter threatened to sue Meta over its new Threads app, alleging “systematic, willful, and unlawful misappropriation of Twitter’s trade secrets and other intellectual property.”
More recently, Twitter filed a data-scraping lawsuit in Dallas, seeking more than $1 million in damages over “unlawfully scraping data associated with Texas residents,” according to the filing. It also sued Israel-based Bright Data over alleged unauthorized scraping and selling of content and user data pulled from the platform. Bright Data offers non-government, nonprofit, and academic institutions free access to data to understand and combat online harms.
Data scraping is generally legal in the U.S. when it involves publicly accessible data, according to a ruling in 2022 by the U.S. Ninth Circuit of Appeals, which capped off a lengthy legal battle by LinkedIn concerning the practice.
Nvidia founder and CEO Jensen Huang looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, DC on November 19, 2025.
Brendan Smialowski | Afp | Getty Images
Nvidia on Tuesday said its tech remains a generation ahead of the industry, in response to Wall Street’s concerns that the company’s dominance of AI infrastructure could be threatened by Google’s AI chips.
“We’re delighted by Google’s success — they’ve made great advances in AI and we continue to supply to Google,” Nvidia said in a post on X. “NVIDIA is a generation ahead of the industry — it’s the only platform that runs every AI model and does it everywhere computing is done.”
The post came after Nvidia saw its shares fall 3% on Tuesday after a report that Meta, one of its key customers, could strike a deal with Google to use its tensor processing units for its data centers.
In its post, Nvidia said its chips are more flexible and powerful compared with so-called ASIC chips — such as Google’s TPUs — which are designed for a single company or function. Nvidia’s latest generation of chips are known as Blackwell.
“NVIDIA offers greater performance, versatility, and fungibility than ASICs,” Nvidia said in its post.
Nvidia has more than 90% of the market for artificial intelligence chips with its graphics processors, analysts say, but Google’s in-house chips have gotten increased attention in recent weeks as a viable alternative to the Blackwell chips, which are expensive but powerful.
Unlike Nvidia, Google doesn’t sell its TPU chips to other companies, but it uses them for internal tasks and allows companies to rent them through Google Cloud.
Earlier this month, Google released Gemini 3, a well-reviewed state-of-the-art AI model that was trained on the company’s TPUs, not Nvidia GPUs.
“We are experiencing accelerating demand for both our custom TPUs and Nvidia GPUs,” a Google spokesperson said in a statement. “We are committed to supporting both, as we have for years.”
Nvidia CEO Jensen Huang addressed rising TPU competition on an earnings call earlier this month, noting that Google was a customer for his company’s GPU chips and that Gemini can run on Nvidia’s technology.
He also mentioned that he was in touch with Demis Hassabis, the CEO of Google DeepMind.
Huang said that Hassabis texted him to say that the tech industry theory that using more chips and data will create more powerful AI models — often called “scaling laws” by AI developers — is “intact.” Nvidia says that scaling laws will lead to even more demand for the company’s chips and systems.
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks were mixed on Tuesday, with the S & P 500 and Dow Jones Industrial Average up and the Nasdaq Composite down slightly, with Big Tech names under pressure. Nvidia shares fell more than 6% after The Information reported that Meta may use Google’s tensor processing units (TPUs) in its data centers starting in 2027. Broadcom , which helps Google design its TPUs, jumped 11% Monday on the news. Jim Cramer said the pullback in Nvidia is a buying opportunity. “If you don’t have any Nvidia, it’s time to buy,” he said. He added investors are also “getting an opportunity to buy Meta” on the possibility the company could save money on chips and see its stock bounce. 2. This “discouraging day” for tech investors shows the value of having a diversified portfolio, Jim said. That’s why the Club favors defensive names like Procter & Gamble . With a new CEO taking over in January, Jim expects changes ahead. “You can’t have a new CEO come in and not have some change from what’s going on,” he said, noting that underperforming units will likely be cut. Procter has been a disappointment lately, but our thesis is that money will move out of high-flying tech stocks and into more profitable, economically resistant companies. That’s why we added to our position on Tuesday. Elsewhere, home improvement retailer Home Depot is down nearly 12% year to date. We used that weakness to add to our position last week. When interest rates fall, the stock will rise. 3. Shares of Nike are up 3% after Dick’s Sporting Goods announced plans to close a slew of Foot Locker locations during its third-quarter earnings on Tuesday. Dick’s acquired Foot Locker in May. “Nike is a buy, off of Dick’s problems,” Jim said. Ed Stack, executive chairman of Dick’s Sporting Goods, told “Squawk on the Street” that the retailer’s relationship with Nike is improving. “They’re moving in the right direction,” he said, citing strong performance from Nike’s running line. “If you take a look at what they did with their running construct, what they did with Pegasus, what they did with Vomero, what they did with Structure, this running concept has done extremely well on the Dick’s side, and where it’s been put into Foot Locker stores, it’s done really well there too.” 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: Best Buy , Agilent Tech , and Abercrombie . (Jim Cramer’s Charitable Trust is long NVDA, META, AVGO, PG, HD, NKE. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025.
Evelyn Hockstein | Reuters
Elon Musk’s artificial intelligence startup xAI is expected to close a $15 billion round at a $230 billion pre-money valuation next month, sources familiar with the matter told CNBC’s David Faber.
The deadline for allocation is the end of day on Tuesday, with the round expected to close on Dec. 19, the sources said.
This confirms earlier CNBC reporting that the company was raising $15 billion. The Tesla CEO later called the report on the round “False” in a post on the social media platform X.
At the time, sources told CNBC that xAI would use a large portion of the money for funding graphics processing units responsible for powering large language models.
CNBC had previously reported in September that the startup was looking to raise $10 billion at a $200 billion valuation.
The funding round is yet another sign of the insatiable demand for AI tools. Companies, including OpenAI and Anthropic, have raised billions and reached sky-high valuations as investors pour more money into companies building foundational AI models.
Musk’s xAI is responsible for creating the Grok chatbot that has come under fire for disseminating hate speech, including antisemitic content. The company recently debuted Grokipedia, an AI-powered competitor to Wikipedia.
In March, Musk announced the merger of xAI with X in a deal valuing the social media platform at $33 billion.